Joining with Mumbai based Lodha Group; Meydan Group will invest $5.7 billion in the real estate sector for developing District One, an integrated township project. A residential project will be jointly developed by Lodha and Meydan. Both the partners propose to develop a residential project at an estimated cost of $5.7 billion.
Tag: Dubai
Island City Center to Be Exposed At Dubai Property Show
Island City Center, the latest real estate residential venture of Real Estate Firm Bombay Realty, is set to be exposed in the Dubai Property Show. It is the maidern real estate project of Wadia Conglomerates who is well –known for Bombay Dyeing suiting and cloth materials. Island City Center is expected to be one of […]
Indians top the first time Dubai’s property buyers list.
While Dubai remains a hot and one of the favourite destinations of Bollywood. It has definitely fascinated other strata of India as well. As per the Dubai real estate data, No other national has purchased property to the tune Indians have in 2011. Indians have topped the list of first-time property buyers in Dubai in […]
Chennai leads Indian Real Estate Sector.
In a recent report, property broking and real estate consulting firm Jones Lang LaSalle said the Indian property market is poised to attract about US$3 billion, almost double last year’s US$1.6 billion, from overseas buyers this year. The Indian property market will see more investment from overseas this year as it still remains an attractive […]
INDIA REALTY EXPO – DUBAI 2010
The much acclaimed bi-annual India realty exhibition is going to be held in Dubai from 9th to 11th of December 2010, at Renaissance Dubai Hotel, deira, with the motto of “Your dream home in India now comes with a guarantee”, a great platform for Indian developers and HFIs trying to reach out to affluent Gulf […]
Dubai retreats on just-announced $95B development
The newly created Dubai developer that unveiled a 95 billion dollar real estate project just 2 months ago says it is reviewing its plans in light of the economic downturn. Meraas Development says “it has seen that investor demands have changed” and that it must quickly respond to meet these market needs. The developer says […]
Dubai-based ETA Star Real Estate Firm Plans To Enter Asian Markets
Dubai-based ETA Star real estate firm plans to utilize its funds to develop 120 million square feet of land in India. Dubai’s ETA Star Property Developers mulls a fund of $400 million via Islamic bonds to enter Asian markets as diverse as India and Laos. The real estate firm is planning to utilize its own […]
World’s largest shopping centre
The Dubai Mall, world’s biggest shopping and entertainment destination, developed by the foremost Dubai real estate developer Emaar Properties PJSC and located in the Dh73 billion mega-project Downtown Burj Dubai, is putting concluding touches to quite a few retail and entertainment concepts that are a first for the region. The Dubai Mall, with an approx […]
ETA Star to venture into Indian hospitality
Dubai-based property developer, ETA Star Properties, plans to foray into the Indian hospitality industry with two properties at Bengaluru and a property in Chennai, respectively. The group has assigned an investment of two billion Dirham for its current phase of development in India. The properties developed by ETA Star Properties will be managed by their […]
India and Dubai Investors Show Strong Tie Ups
For Indian investors, Dubai is the ideal investment choice and if we say that its vice-versa is also true, then it would not be wrong. Last year the UAE’s GDP increased to 26%, with over 60% coming from sectors other than the oil industry, 50% of which originated from the service sector.
Dubai Properties displayed at Mumbai Extravaganza aiming Indian Investor
Foremost master real estate developer Dubai Properties has participated at the premium luxury show ‘Mumbai Extravaganza 2008’ in Mumbai, India to showcase its most recent portfolio of realty developments including the latest to be announced ‘Mudon’ project, to an elite audience of high net worth visitors and top tier conglomerates. Mohamed Binbrek, CEO, Dubai Properties, […]
Emaar MGF Land postpones IPO
Emaar MGF Land, a JV between one of the world`s foremost real estate companies, Emaar Properties PJSC of Dubai, and MGF Development of India, has withdrawn and postponed its initial public issue to an appropriate moment. The company decided to take this step as an outcome of the prevailing adverse market feelings, fuelled by renewed signals of […]