November 13, 2008 – 6:50 am
Indian real estate market associations are ramping up pressure on the government to produce a “stimulus package” to help the sector.
Groups like the National Real Estate Development Council (Naredco) are petitioning for new measures to make it easier for foreign property investment firms to buy in India.
Hindu Business Line also reports politicians are being asked [...]
September 29, 2008 – 5:03 am
The largest Indian real estate developer DLF Ltd has received ‘Golden Peacock Award’ for its excellence in corporate governance. The Golden Peacock Global Award for Corporate Governance was instituted by the World Council for Corporate Governance in January 2001 to promote competitiveness among businesses to get better quality of corporate governance.
A DLF spokesperson said, “We [...]
September 19, 2008 – 4:57 am
The department of industrial policy and promotion (DIPP) and the Reserve Bank will shortly meet to evaluate the situation arising out of Lehman’s collapse, as the US giant has $500-million investment in Indian real estate projects.
Foreign investment norms for real estate do not allow repatriation of funds within three years of investment. The RBI-DIPP meeting [...]
By Rajani
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Posted in Real Estate News
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Also tagged Bust, Collapse, Estate Assets, Estate Projects, Foreign Investment, Foreign Investors, Giant, Investment Norms, Investor, Lehman, Periods, Rbi, Repatriation Of Funds
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The Indian real estate company Sigrun and a leading Israeli firm are in talks over a deal worth more than five hundred million dollar, as said by knowledgeable sources.
Most of Sigrun’s activities (95 %) are in residential property and the rest in office rentals, according to CEO and controlling shareholder Rajesh Nair. He said that [...]
Doha: All most thirty builders from various parts of India are showcasing their projects at Homes of India, the largest Indian property expo in Qatar, at the Ramada Plaza hotel.
The two-day expo was opened yesterday by Dr Mohan Thomas, President of the Indian Community Benevolent Fund.
By manish
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Posted in Real Estate News
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Also tagged Bangalore and Chennai., Cochin, Delhi, Doha, Hyderabad, Indian property expo, Jaipur, Kannur, Mumbai, Munnar, Pune, Thalassery, Thiruvananthapuram, Thrissur
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April 11, 2008 – 12:22 pm
At the present expected rate of growth, Indian real estate investment trusts could account for five percent of the universal real estate market by 2010. According to an study by Indian REIT industry group Assocham and credit rating agency CRISIL, the global RE market is likely to increase to $1.4 trillion by then, with Indian [...]
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 hospitality [...]
February 1, 2008 – 1:31 am
MUMBAI (Thomson Financial) - Indian real estate developer DLF Ltd said its strengthened third-quarter net profit was 21.45 bln Indian rupees on revenues of 36.51 bln rupees.
Results are not comparable with the identical period last year as it was an unlisted company at that time, and that it does not have results for the previous [...]
January 28, 2008 – 5:58 am
DLF Ltd. has dominated the never before building boom in India. DLF has a corporate slogan “Building India”. The company is taking on a tough challenge in meeting its growth goals while counting, in part, on a relatively unknown and unpredictable market — residential developments for India’s growing number of middle-income families.
Indian real-estate sector is [...]
By Rajani
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Posted in Real Estate News
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Also tagged Bombay Stock Exchange, Construction Group, Corporate Slogan, Dlf, DLF limited, Fire Brigades, Growth Goals, Market Capitalization, Middle Income Families, National Stock Exchange, O Rourke, Office Complexes, Private Fire, Rajiv Singh, Raw Material Costs, Real Estate Sector, REIT, Residential Developments, Singapore, stock market, Stock Market Values, Swimming Pools, Tight Market, Unpredictable Market
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