Tag Archives: Gurgaon

SEZ In Gurgaon By Raheja Developers

August 26, 2008 – 4:55 am

Realty firm Raheja Developers said it would invest about four thousan five hundred crore rupees to develop an engineering SEZ in Gurgaon over the next three to five years.
This project, which is expected to create job opportunities for around fifty thousand people (including both direct and indirect) is said to have a potential to generate [...]

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Property Investors Exit As Downturn Deteriorates

August 5, 2008 – 3:34 am

Rising interest rates, shrinking pool of home buyers and anticipated fresh supply of DDA flats has set off what could be termed as early signs of panic among real estate investors in Delhi and its suburbs.
A large number of investors are wary of holding the property any longer and are turning it back to developers [...]

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Ginger Hotels Group Plans To Launch 60 to 70 Properties In India

July 17, 2008 – 5:39 am

According to Financial Chronicle’s interview with Prabhat Pani, CEO, Ginger Hotels, the Ginger Hotels group plans to launch 60 to 70 properties in India, within the next three to four years. The company has adopted a new method of refurbishing existing properties, instead of buying land for new hotels.
So far, investment in the Indian expansion [...]

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Slowdown And Falling Market Demolish Real Estate Stocks

June 3, 2008 – 12:52 am

The uncertainty in the capital market has hit realty stocks the hardest.
The BSE realty index is the worst performer this year, having shed 51% of its 52-week peak reached in January.
With increasing evidence of a slowdown in the realty sector, rising input costs and little chances of interest rate softening, experts feel realty stocks may [...]

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State-Run Takes Realty Pills To Survive

June 2, 2008 – 4:47 am

State-run pharmaceutical corporations, struggling to survive competition with private sector companies, are now emerging in a new avatar as developers of commercial complexes and IT parks because of their massive land holdings.
The recently-revived Bengal Chemicals and Pharmaceuticals Ltd (BCPL) is building a 38-floor sky scraper at Worli in Mumbai overlooking the Arabian Sea. The new [...]

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UK property investors look to India

May 29, 2008 – 5:05 am

As property prices continue their downward spiral in Britain, investors here are looking to India, which is increasingly seen as a hotspot due to rising real estate prices across the country.
Every week, leading mortgage lenders and estate agents publish figures of declining prices, higher number of houses on the market, fewer buyers and smaller numbers [...]

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Rental Prices Higher By 13% In Main Cities

May 20, 2008 – 4:30 am

After the fresh rise in real estate prices all over India, the reports are coming about rising rental prices in key industrial towns. A current report about rental prices in New Delhi has shown a 13 % rise in rental prices in year 2008.
Global real estate consulting company, Cushman & Wakefield has reported a rise [...]

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Now buy Dubai property from your Local Agent

May 13, 2008 – 5:21 am

Dubai-based luxury real estate developer DAMAC Properties has appointed local agents in Gujarat to harness the investment opportunities in the region. The company has signed up around 60 agents across India, mostly in metros.
These include two Ahmedabad-based and one from Baroda. The initiative has been taken by the company to market and sell its international [...]

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Sistema Will Invest In Hospitality Sector In India

May 1, 2008 – 7:48 am

Kolkata, April 30:- Mr Alexander A. Chinyaev, the chief representative in India of Sistema said that after venturing into the Indian telecom business, Russian conglomerate Sistema is now planning to tap the real estate and hospitality industries in India. The London Stock Exchange-listed public sector company is looking at investing an estimated eight hundred crore [...]

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Royal Group, GTC in Race to Buy 26% in Raheja Group’s Engineering SEZ

April 22, 2008 – 7:28 am

Royal Group of UAE and Netherlands-based GTC Real Estate are in the race to acquire 26% stake in the Delhi-based Raheja group’s engineering SEZ in Gurgaon for Rs 500 crore. It has been learnt that the Raheja group may ink the deal with either of the two groups in the next few weeks.
Raheja Developers MD [...]

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