Tag: indian real-estate

Budget 2013 to Boost Housing Demand in Tier-2 Cities

Budget 2013 will improve the housing demand in the tier-2 cities, says Anuj Puri. With a deduction on loans up to Rs.25 lakh for the first-time-home buyers, the demand in the metros would not be affected, he added. As against the sky reaching expectations of the real estate players and the developers, many of the […]

Analysing the Footprint of The Real Sector in South India

What a South Mumbai is to Mumbai or a South Delhi is to Delhi could well be South Indian cities to India! The question is – will the southern region become the downtown of India? Southern India has for long been the silent crusader, building and strengthening its real estate development as one of the […]

Realty PE Deal Volume grows in Q1 and Big Deals are missing.

Private equity deals are alive and kicking in Indian real estate space even though headline numbers do not reflect the same due to the absence of big ticket investments. The total number of PE deals during the first quarter of CY 2012 has hit a three-year high, according to VCCEdge, the financial research platform of […]

PropertyWala.com – The Best Real Estate WebSite Of The Year

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 India […]

Calls grow for Indian real estate market aid

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 […]

Golden Peacock Award To DLF

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, […]

Government In A Fix Over Lehman Realty Assets

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 […]

Indian real estate Seeks Partnership With Israeli firm

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 […]

Indian Property Expo In Qatar

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.

Indian REITs To Reach 5% By 2010

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 […]

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 […]

DLF Third Quarter profit 21.45 billion rupees

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 […]

DLF- Building India

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 […]