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 [...]
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Also tagged Consulting Company, Cushman Wakefield, Global Real Estate, Gurgaon, Home Buyers, Mumbai, New Delhi, Property, Real Estate, Real Estate Consulting, Real Estate Prices, Rental Prices, Residential Property, Stake.
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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 [...]
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Also tagged Ahmedabad, Bangalore, Baroda, Chennai, Damac Properties, Delhi, Dubai, Gujarat, Gurgaon, Investment Options, Investments, Mumbai, Real Estate, Real Estate Developer
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PBEL PROPERTY Development (India) Pvt Ltd, a joint venture of Israel based Property and Building Corporation (PBC), Electra Real Estate (ERE) and INCOR infrastructure, has invested twenty crore rupees in Mysore to build a residential township. Announcing this progress, PBEL, executive director Anand Reddy said, “The Company has invested twenty crore rupees on a ten [...]
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Also tagged Apartment Buildings, Chennai, Cities, Coimbatore, Continents North America, Elco Holdings, ERE, Global Assets, Hyderabad, IDB, Investments, North America Europe, Pbc, projects, Real Estate Sector, Residential Land, tamilnadu, township propject, Vizag
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The Hinduja family is setting up investments of around fifty billion dollar (2 lakh crore rupees) in the subsequent 5 years in India and out of the country, led by a foray into oil and gas in Iran.
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Also tagged Billionaire, Europe, Gopichand, Hinduja Family, Hinduja Group, Liquid Natural Gas, Oil And Gas, Oil Refinery, ONGC, Sunday Times Rich List, Uk India, West Asia
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DLF Assets, the property fund of DLF Ltd, India’s largest real estate developer by market capitalisation, has raised $450 million from Symphony Capital, a London based investment firm. DLF Assets has earlier received two hundred million dollars from a fund sponsored by Lehman Brothers and $400 million from another global investment firm DE Shaw for [...]
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Also tagged Capitalisation, Dapl, Developer, Dlf Ltd, Investment, IPO, market, Market Slowdown, Real Estate, Real Estate Investment Trust, Singapore
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New Delhi : India on Tuesday said it wants to conclude a Free Trade Agreement with a smaller four-nation European Free Trade Association (EFTA) before end of this year, even as its determined trade pact with the European Union seems to have run into differences. “Negotiations on the FTA will be commencing soon. We believe [...]
Private equity funds sense their time has come in the Indian property arena, with developers offering plum deals as banks tighten lending and a stock market slump shuts off public share offerings. Since India eased rules on inward investment in the construction industry in early 2005, foreign investors have earmarked an estimated $20 billion for [...]
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Also tagged Bank, Company, Construction, Developers., Foreign Investors, Government, Investment, Investors, Private Equity, Private Equity Funds, Public Share, stock market
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Just when it seems that the realty run is almost over, a Deutsche Bank arm has announced an investment of over $1 billion over the next three years in the Indian real estate sector. RREEF Alternate Investments, the global alternate investment management business of Deutsche Bank, today announced that it would invest over $1 billion [...]
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Also tagged airport, Bangalore, Commercial, Deutsche Bank, global, golden gate properties, Hyderabad, investmen, power, railway, Real Estate, Realty, road, RREEF
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India is taken as the one of the fastest rising economy in the world and in this present economic status, real estate has appeared as one of the most beneficial investment sectors for domestic as well as overseas investors. The economy and the real estate sector in particular are high on its ride to prosperity.
Real Estate consulting firm C B Richard Ellis (CBRE) on Friday announced the opening of a new fully operational office in Kolkata. With the opening of this office, CBRE has increased its presence to 30 cities. Mr. CB Richard Ellis (South Asia) Chairman and Managing Director, Anshuman Magazine, said, “The opening of Kolkata office signals [...]
April 24, 2008 – 10:31 am
Almost twenty three leading real estate firms are looking the Thatipur project in Gwalior. Reliance, DLF, Parsvnath and Gammon are in the tussle to bid for the jumbo project, of which the bid submission will stop on May 7. The MP government has not set a reserve cost for the project. The bidders have been [...]
Delhi-based DLF group would shortly have its presence felt in the border of Chandigarh as the company is coming up with their DLF Garden City Project near Panchkula for which the company is eyeing two hundred acres. Out of the two hundred acres, the company is said to have acquired thirty four acres with rest [...]
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Also tagged Chandigarh, Club House, Dlf Group, Fortis, Four Acres, Garden City, Haryana Government, New Delhi, Panchkula, Real Estate Developers, Residential Apartments, Residential Project
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Pune-based promoter and developer, the Amrut Runwal Group, is all set to venture into the hospitality industry. The group will begin with a five star property in Pune, which is scheduled to open by June 2009. “In order to diversify business operations, the Amrut Runwal Group decided to enter the hospitality industry. Since Pune is [...]
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Also tagged Amrut, Hospitality Business, Hospitality Industry, Hotel Group, Hotels, Pune, Ramada, Real Estate, Star Properties, Star Property, Wyndham Hotel
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Mumbai’s industrial property rents almost doubled last year, rising at the fastest pace in the world. According to an international report, annual industrial rents in India’s financial capital surged to nearly 80 euros (127 dollar) a square meter. Global average rents rose by more than 6 %, outpacing the 4.5 % increase in 2006, with [...]
NEW DELHI: Global realty brokerage firm, Century 21 Real Estate LLC, announced on Monday about its foray into the Indian market with plans to open offices across the country, where it is expecting for a business of Rs one thousand crores in half a decade. The US-based company plans to open one thousand offices through franchisee [...]
April 11, 2008 – 12:21 pm
Japanese auto major Toyota Motor Corp will invest USD 350 million (about Rs 1,400 crore) for setting up a second plant in India as part of its plans to introduce a ‘strategic’ small car in the country by 2010. Ending months of speculation over the second plant, Toyota, which runs the Indian operations through a [...]
Bennett, Coleman & Co Ltd (BCCL) has picked up Rs 60 crore worth preference shares in Mumbai-headquartered real estate major Mantri Realty Limited, which has operations in both Mumbai and Bangalore. Mantri Realty is an associate concern of Mantri Enterprises. The company, which has so far completed over 35 residential and commercial projects with over [...]
MUMBAI, April 4 – Fund manager Saffron Asset Advisors is raising a maximum of five hundred million dollar through an India- focused real estate fund, and has agreed for Standard Life as anchor investor, a top official said on Friday. Saffron’s Managing Director A. V. Kapoor stated that Standard Life will invest seventy five million [...]
LONDON – India-centralized real estate investment company Ishaan Real Estate Plc. told that it has leased and pre-let 577,000 square feet of office and retail space, growing the total area of leased and pre-let space in its commercial and retail development projects to 2.4 million square feet. Ian Henderson chairman of Ishaan Real Estate Plc. [...]
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Also tagged Apartments, Central Mumbai, Ishaan Real Estate Plc, Leasing Activity, London, Mumbai City, Real Estate, Real Estate Investment, Real Estate Investment Company, Residential Development, Residential Space, Retail Development Projects, Retail Space
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Unitech and Indiabulls Real Estate Ltd (IBREL) have deferred the listing of their respective real estate investment trusts (REITs) on the Singapore Stock Exchange (SGX) owing to the liquidity crunch in the global markets. Both Unitech and IBREL have received approval from the SGX for the initial public offers (IPOs) of their trusts. The move [...]
Real estate executives seeking a Harvard Business School education can take a seminar in a prime new location this June. The South Asia Real Estate Seminar, a collaborative effort between the HBS Executive Education Program and the HBS Indian Research Center, will offer a four-day workshop in Hyderabad, India that aims to connect experienced executives [...]
March 10, 2008 – 10:52 am
With the support of a fund of two thousand crore, announced in the Union Budget of this financial year, for improving credit flow to small and medium firms, the Small Industries Development Bank of India (SIDBI) will build up its strong presence in industrial sector.
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 [...]
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.
February 29, 2008 – 7:32 am
Singapore’s largest private property developer, the $4-billion Far East Organization, is keen to get a toehold in India. The Singapore conglomerate is talking to prospective Indian partners for its proposed foray in the booming realty market, especially in major metros like Delhi, Mumbai, Kolkata and Chennai. Mr.Chia Boon Kuah, executive director, said “We are talking [...]
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