November 26, 2008 – 6:00 am
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 refused [...]
August 27, 2008 – 2:58 am
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 filing [...]
By manish
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Posted in Real Estate News
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Also tagged Combined Development, Four Star Hotels, India Real Estate, Indian Cities, Indian Partners, Joint Venture, Jv, London Stock Exchange, Plaza Centers NV, Property Developer, Residential Accommodation, Retail Complexes
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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 [...]
By manish
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Posted in Real Estate News
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Also tagged Arabian Sea, City Spaces, Economic Improvement, Estate Business, Global City, Gulf Countries, Infrastructure And Planning, Investment Destination, Old Churches, Public Infrastructure, Real Estate, Snake Boats, State Planning Board, Towering Buildings, Urban Infrastructure
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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 [...]
By manish
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Posted in Real Estate News
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Also tagged Commercial Space, Hospitality, information technology, Knowledge Dissemination, Knowledge Park, Leisure Projects, Mou, Research And Development, Residential Complexes, Shobha Developers, State Government
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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.
By manish
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Posted in Real Estate News
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Also tagged airport, Airport Authority Of India, Airport Projects, Asia Pacific Region, Commercial Office Space, Commercial Realty, Cushman, Estate Space, Indore, Jaipur, Mncs, Real Estate Sector, Retail Sector, Retail Space
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January 15, 2008 – 3:25 am
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 [...]
By Rajani
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Posted in Real Estate News
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Also tagged Dlf, Donald Trump, Donald Trump Jr, Housing Projects, india, India Real Estate, Indian Cities, Indore, Investment Destination, Joint Venture Partners, Luxury Villas, Merrill Lynch, Merrill Lynch Co, Nakheel, Real Estate, Real Estate Developers, Real Estate Investment, Real Estate Investors, Realty Market, Rs 1, Trump Organization
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