March 11, 2010 – 11:44 am
A Shopping MallMarch 11, 2010
You must be astonished by the growth of India in terms of rapidly increasing number of Shopping Malls. You must also doubt that where they will find so many shoppers and lodgers. But the experts claim that as compared to developed and other developing countries, the mall culture in India [...]
December 17, 2008 – 8:44 am
www.PropertyWala.com has been chosen India’s best real estate website for the year 2008. The Website of the Year awards are the largest annual ‘people’s choice’ website awards and have organized from last 4 years by MetrixLab, an independent online market research agency, in association with Neilsen Online. More than 1.5 million Internet users from [...]
By rajani
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Posted in Real Estate News
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Also tagged Advertising Services, Buyers And Sellers, Choice Website, Detailed Description, Estate Sellers, Execution, indian real-estate, International Real Estate., Internet Users, Market Research Agency, Nearby Landmarks, Parent Company, Poll, Property Advertising, Real Estate Web, Web Portal, Web Standards
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December 16, 2008 – 4:46 am
DLF, India’s major real estate developer, announced that it plans to invest Rs 150 billion over the coming three fiscals to construct various residential projects across the country.
The company has raised Rs 16,750 million as private equity in eight projects in November 2007.
According to sources, DLF Home Developers, the wholly-owned arm of DLF, would develop [...]
By rajani
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Posted in Real Estate News
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Also tagged Bangalore, Gurgaon, Home Developers, Housing Projects, Housing Units, Income Category, Income Housing, Kolkata, Major Real Estate, Pune, Real Estate Developer, Residential Projects, Slump
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November 29, 2008 – 12:06 am
Rating agencies and foreign investors do not see any impact on the prospects of the economy because of terror attacks in the financial capital. The meltdown in the global financial markets is still a larger concern.
Past experience has shown that markets have reacted only temporarily to such extraordinary events. Although some reports do not make [...]
November 18, 2008 – 4:34 am
The liquidity squeeze-induced slump in demand has forced real estate leader DLF to fire some employees, put a number of hotel and housing projects on hold and yearn for 7% home loan rates.
“We must have laid off some employees somewhere,” DLF Chairman K P Singh told reporters on the sidelines of India Economic Summit, but [...]
By rajani
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Posted in Real Estate News
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Also tagged Developers., Economic Summit, Estate Leader, High Interest Rates, Home Loan Rates, Hotels, Housing Projects, interest rate, K P Singh, Liquidity Crisis, Real Estate, Sidelines, Slump, Specifics, Supply And Demand
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November 15, 2008 – 4:59 am
Finance Minister P Chidambaram has asked the US and Europe to “set their house in order” to reverse the impact of the financial crisis on economies worldwide and help capital to flow back to developing nations.
“If they (US and Europe) set their house in order, surely capital will flow back to developing countries credit will [...]
November 12, 2008 – 7:11 am
The Barwa Real Estate and Sun Group, a leading investor and private equity fund manager in India have entered into a joint venture agreement to explore the Indian real estate market.
Sun Group and Barwa have proposed to form a 50:50 joint venture company to be named as Sun-Barwa Land. The new company will seek approval [...]
By rajani
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Posted in Real Estate News
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Also tagged Al Saad, Barwa Real Estate, Foreign Investment Promotion Board, Investment Promotion Board, Investor, Investors, Joint Venture Company, Land Banks, Partnership, Private Equity Fund, Qatar, Qatari, Sun Group
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October 31, 2008 – 6:01 am
Rental property investments are proving more popular in India as the country sees a slowdown in sales, according to experts.
Real estate companies say people have less money to spend on buying a house, leading many to look at lettings instead.
More recent data from the company shows demand for property in Hyderabad declined by 11% to [...]
October 15, 2008 – 7:53 am
Choice Hotels is deciding to invest fifteen hundred crore rupees over coming two years to double the number of its hotels from the present twenty-five to fifty across India. The company has already started construction of twenty-one more hotels and has tied up with various construction companies. Choice hotels has done dealing with Amrapali group, [...]
By rajani
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Posted in Real Estate News
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Also tagged Amritsar, Asterix, Bangalore, Bathinda, Chandigarh, Chennai, Choice Hotels, Goa, Gurgaon, Hotel, Hyderabad, Ludhiana, Manesar, Noida, Pune, Sabri
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September 5, 2008 – 3:41 am
Retail chain Big Bazaar plans to open 15 more stores by November end, some of them in new markets, at an investment of Rs 1,500-1,600 crore.
With this, Big Bazaar, a subsidiary of the Kishore Biyani-spearheaded Pantaloon Group, will have 112 stores pan-India by November, a top company official said.
Big Bazaar is targeting a network of [...]
By admin
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Posted in Real Estate News
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Also tagged Agra, Big Bazaar, Ceo., Chandigarh, Cuttack, Investment, Kishore Biyani, Kolkata, Mumbai Delhi, Mysore, Pune, Rajan Malhotra, Retail Chain, Solapur, Subsidiary, Surat
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September 1, 2008 – 5:51 am
Investors in rising markets such as China and India have a much greater desire for risky investments than their counterparts in developed markets, new research has shown.
Wealthy investors in developing nations are more likely to increase the level of risk to their portfolio, with 43% of those in the United Arab Emirates, which contains Dubai, [...]
By admin
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Posted in Real Estate News
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Also tagged Attractive Investment, Barclays, Chief Investment Officer, China, Credit Crunch, Developing Nations, Dubai, Economist Intelligence Unit, Investors, Market Volatility, Property Investments, Risky Investments, United Arab Emirates
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August 28, 2008 – 5:45 am
DLF Ltd, India’s biggest listed property developer, has sought shareholders consent to raise up to one hundred billion rupees by selling shares to institutional investors.
The New Delhi-based company said in its yearly report for a shareholders meeting on Sept. 30 it estimated to complete the share sale within 1 year of getting shareholder consent.
“This is [...]
By admin
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Posted in Real Estate News
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Also tagged Bse Index, Dlf, Initial Public Offer, Initial Share, Institutional Investors, Market Slide, New Delhi, Property Developer, Property Singapore, Property Trust, Shareholder, Shareholders Meeting, stock market
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Red Fort Capital, a private equity fund focused on real estate development, is in advance stages of negotiations with six developers for an equal number of projects worth Rs 4,000 crore in the metros across India.
The PE fund joined hands with Godrej Properties to develop an IT park in Kolkata, where Red Fort Capital has [...]
DLF is looking at setting up a Rs 800-crore venture capital (VC) fund with a mandate to invest in companies engaged in equipment management and construction activity. This is being seen as a strategic move by DLF to support its rapidly expanding construction activity.
The Delhi-based firm has filed the documents with market regulator SEBI seeking [...]
Higher input costs, low market valuations and scaled up capacity amidst reduced demand is likely to take its toll on the cement industry. The growth rate of the industry is projected to drop below 10 % for the current fiscal.
According to a report by Edelweiss Research, weak fundamentals and mounting cost pressures are likely to [...]
By admin
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Posted in Real Estate News
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Also tagged Ambuja Cements, Cement Companies, Cement Industry, Cement Majors, Fuel, Home Loan Rates, Input Costs, Madras, Madras Cements, Market Valuations, Real Estate Sector, Real Estate Slowdown
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UK-based Eredene Capital has picked up a 50% stake in Apeejay Infra-Logistics (AILPL), the infrastructure arm of Kolkata-based Apeejay Surrendra Group.
The group is setting up a state-of-the-art logistics park in Haldia in West Bengal’s West Midnapore district. Eredene Capital has invested Sterling Pound 5.25 million or Rs 42 crore to pick up the 50% AILPL [...]
Unitech Limited, India’s foremost Real Estate Company on 27 June 08 announced its audited consolidated financial results for the FY ended 31st March 2008.
Total income rose by twenty six percent to Rs. 42,801 million, as against Rs. 33,881 million during the preceding financial year. Profit after tax (PAT) also jumped by twenty seven percent to [...]
By admin
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Posted in Real Estate News
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Also tagged Bank Balances, Chandra, Earning Per Share, Eps, Equity Base, Face Value, Fiscal Year Ended March, Loans, Managing Director, Profit Loss Statement, Real Estate Company, Rupees, Sanjay, Unitech
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Investors in this country are known to have an appetite for exotic investments.
Irish Life is tapping into this by giving investors an opportunity to invest in commercial property in Asia and Europe through two new funds from Irish Life — Eurasia Property Fund and Eurasia Property Plus Fund.
Irish Life is partnering with Hendersons Global Investors-one [...]
Goldman Sachs, the global financial powerhouse, has picked up a minority stake in Sterling & Wilson, a Shapoorji Pallonji group company, for $50 million. No further financial details were available.
Sterling & Wilson is one of the leading mechanical, electrical and plumbing (MEP) contracting companies in the country. It is one of those few companies in [...]
With an aim to clock 30-35 per growth per annum, the US fast food chain McDonald’s plans to open around 60 more restaurants across the country annually and pump in Rs 400 crore in the next three years.
“India has a huge market potential for McDonald’s,” Connaught Plaza Restaurants Managing Director Vikram Bakshi said while inaugurating [...]
Mapletree, a property investment unit of Singapore state-owned Temasek Holdings, announced on Monday that its private real estate fund, Mapletree India-China Fund (MIC Fund), is developing a property worth US$320 million in China’s Guangdong Province.
This is MIC Fund’s third investment in China after its investments in a residential and retail development in Xi’an and acquisition [...]
By rajani
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Posted in Real Estate News
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Also tagged Acquisition, Beijing, China, Guangdong Province, Guangzhou, Investment, Investments, Mic, Private Real Estate, Property Investment, Real Estate Fund, Retail Development, Singapore, Stake., Technology, Temasek Holdings
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India and China, the world’s two fastest growing economies, leads the list of best places for investment and development, driven by their current GDP growth rates, appropriate investment climate and substantial trade opportunities, a latest report says.
According to global consultancy Grant Thornton’s International Business Report 2008 on rising global Markets, China, India and Russia have [...]
By admin
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Posted in Real Estate News
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Also tagged Brics, Developing Economies, G7, GDP, Global Economies, Global Markets, Infrastructure Development, International Business, Investment India, Iran Pakistan, Labour Force, Trade, Trade Opportunities
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The Ahmedabad-based EsVee Group, promoted by Mr Vijay Kumar Gupta, Chairman and Managing Director of Gujarat Ambuja Exports Ltd (GAEL), plans to develop exclusive townships across India. The first of these chain-townships, at Mysore, is scheduled to be completed by 2010, on a 60-acre plot situated 1.5 km from the airport. The township, christened `Highlands’, [...]
Real estate developers in Karnataka have decided to raise home prices by 3-8% from June 10, citing steep increases in the cost of construction materials and higher labour rates.
The price hike was “inevitable” because steel was dearer by 24% compared to its January level and cement prices were up 56% from the beginning of the [...]
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