Tag: Kochi

Revival of Realty

Indian real estate in the last few months has authenticated a reawakening enforced by a noticeable increase in the level of construction activity of low-budget housing coupled with low home loan rates. As researched by Boston Analytics, the Indian realty sector has undergone an increased supply and pace of development activity which brought an improvement […]

Indiareit buys Rs 300 crore stakes

Ajay Piramal-promoted real estate fund Indiareit has acquired about 15 percent stakes in Mumbai-based developer Neptune group for around Rs 300 cr. The deal assumes significance as the fund has chosen to invest in the company, rather than the usual practice of investing in individual projects. Neptune group chairman Nayan Bheda confirmed the deal, but […]

Plaza Centers Signed JV Israel-based Elbit Imaging

Emerging markets property developer Plaza Centers NV said it has signed a joint venture contract with Israel-based Elbit Imaging for developing three projects in India. The three projects are in the three Indian cities Bangalore, Chennai and Kochi and would have a combined development budget of about 3.4 billion dollars, Plaza said in a regulatory […]

Real Estate Business In Kerala

Kerala, which has been recognized for its high human development but low economic growth, is now displaying a new phenomenon. Growth has picked up the pace since the late 1980s, as a result of economic improvement and a large inflow of remittances. The modern phenomenon of migration from Kerala to the Gulf countries and the […]

Hi-tech City Project In Kochi

Kochi will soon get international status with the upcoming of hi-tech city project worth five thousand crore rupees. The Bangalore-based Shobha Developers have signed up a MoU with the state government for setting up this hi-tech city. Sobha Hi-Tech City will be an incorporated city with focal point on research and development, knowledge dissemination, information […]

Airports to emerge as business hubs

NEW DELHI: All new airports in the country will emerge as business nucleus with world class office, hospitality and retail space. The modernization and development of airports will not only provide the facelift to respective cities but also improve the real estate sector, said a report by Cushman & Wakefield.

Real Estate Development Prospect in India

January 08, 2008. Real Estate Companies and Investors are taking India as a great Investment destination. Real estate investment in major cities is taken as a beneficial deal. Real Estate Developers from the outside countries are showing their interest in building luxury villas in top Indian cities. They are looking for the joint venture partners […]