December 8, 2010 – 6:24 pm
Antillia, Mukesh Ambani’s 4500 cr Altamount Road residence and world’s most expensive family home, will soon have competition from Anil Ambani’s new house at Bandra’s Pali Hill. Antillia towers hover almost all of south Mumbai at 170 m, if Anil’s 150 m new house gets the clearance, it would dwarf everything in its sight in [...]
December 7, 2010 – 4:17 pm
On the road to rapid recovery from recession, many large IT firms are signing up big commercial real estate deals in different parts of Bangalore. According to sources, Accenture has committed to take 8 lacs square feet in Pritech Park on the Outer Ring Road in Bangalore. HP and Wipro are said to have recently [...]
December 4, 2010 – 10:28 pm
Godrej Properties Limited (GPL), real estate segment of Godrej Group, has revealed its plans for the development of residential housing project at Mohali in Punjab, involving a capital of about four hundred and fifty crore rupees. The company also has future plans for several cities, including NCR, Mumbai, Bangalore, Pune, Chennai and Chandigarh for development [...]
According to a recent survey conducted by a leading real estate website Delhi is the most preferred location to buy a house, Mumbai follows next. It is interesting to note that Bangalore and Hyderabad come at the third most favored location for buying property. Photo by nancyarora2020The nationwide poll named ‘Realty Trends 2010’ for metros [...]
By
|
Posted in Real Estate Information
|
Also tagged Age Group, Bangalore, Full Swing, Hyderabad, Investment Perspective, Leading Real Estate, Long Term Investment, Nationwide Poll, Participation, Preferred Location, Property Options, Property Seekers, Real Estate Sector, Respondents, Self Consumption, Survey Takers, Term Investors, Tier Ii
|
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 [...]
By
|
Posted in Real Estate News
|
Also tagged Ahmedabad, Bangalore, Bhubaneswar, Chandigarh, Chennai, Construction Activity, Construction Sector, Delhi, economic survey, Estate Projects, Home Loan Rates, Home Loans, Hyderabad, Indian Cities, indian consumers, Jaipur, Kochi, Kolkata, Low Budget, Lucknow, Nagpur, noticeable increase, Patna, pessimism, physical assets, purchase decisions, Real Estate Sector, Tier I, Tier Ii, Tier III, Vishakhapatnam
|
January 2, 2009 – 3:52 am
From now on, tax cannot be levied on the money paid by a builder to a housing society or private individual for redevelopment of property, the Income Tax Appellate Tribunal (ITAT) has said in a recent order. The verdict is expected to give a boost to the redevelopment business in Mumbai which has over 35,000 [...]
By
|
Posted in Real Estate News
|
Also tagged Additional Construction, Appellate Authority, Appellate Tribunal, Co Operative Society, Contentions, Fsi, General Secretary, Ghatkopar, Housing Society, Income Tax Department, Property Owners, Tax Matters
|
November 14, 2008 – 1:23 am
Merrill Lynch, the US-based investment bank, has picked up a minority equity stake in Hyderabad-based logistics provider Shree Rajlaxmi group’s upcoming warehousing development project for an undisclosed amount. “The project is a high-quality warehousing development that offers solutions to customers to enhance efficiency in their distribution channels,” said Rajlaxmi group director Anish Damodaran. The group [...]
By
|
Posted in Real Estate News
|
Also tagged Anish, Consumer Markets, Delhi, Execution Capabilities, Geographical Distribution, Group Director, Growth Opportunities, Industry Executives, Inflection Point, Kotak, Manufacturing Sector, Merrill Lynch, Minority Equity Stake
|
September 30, 2008 – 4:00 am
The board of directors of DS Kulkarni Developers at its meeting held on Sep. 27, 2008, has approved the investment in DSK Global up to Rs 30 million to make it a subsidiary. The board has also approved the fixed deposit scheme of the company for the year 2008-2009. DS Kulkarni Developers is a real [...]
By
|
Posted in Real Estate News
|
Also tagged 30 Million, Board Of Directors, BSE, Deposit Scheme, Developers., Estate Projects, Fixed Deposit, Invest, Pune, Real Estate Developer, Subsidiary
|
September 2, 2008 – 6:35 am
MUMBAI: India’s hottest property market, Mumbai, could see some shakeup in the commercial realty space. In a significant development, the Mahrashtra government has decided to allow all upcoming IT parks and IT specific buildings in the city to utilise 80% of the total constructed area for financial services, besides IT and IT enabled services. At [...]
By admin
|
Posted in Real Estate News
|
Also tagged Banking And Financial Services, Commercial Realty, Commercial Space, Corporate Finance, Financial Hub, Financial Services Sector, Fsi, Fund Management, IT and ITes, Management Consultancy, Mumbai India, Property Consultant, Risk Management, Sectors, State Government, Transactions Services, Treasury Operations, Treasury Risk
|
Red Fort Capital, a private equity fund focused on real estate development, is in advance stages of negotiations with six developers for an equal number of projects worth Rs 4,000 crore in the metros across India. The PE fund joined hands with Godrej Properties to develop an IT park in Kolkata, where Red Fort Capital [...]
Donald Trump Jr., whose father built a multi-billion dollar fortune in real estate, plans to set up a fund of as much as $1 billion to buy property in India, betting on the nation’s economic growth. New York-based Trump Organization Inc. also plans a residential and hotel project in Mumbai with a local partner to [...]
A slump in the Indian real estate market has cast a shadow on the property funds listed on London’s Alternative Investment Market (AIM). All the five India-focused property funds floated by local developers have been under-performing in the past two months. On an average, they registered an 18% negative return over the last two months. [...]
Now small towns will also have value malls. Mirroring its cinema infrastructure model, E-CITY Ventures, part of the Essel Group, is setting up forty-five value malls aggregating ten million square feet in emerging real estate cities. Mr. Atul Goel, CEO, E-CITY Ventures, said, “For this project, we are looking at equity funding of Rs 450 [...]
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 [...]
By admin
|
Posted in Real Estate News
|
Also tagged Consulting Company, Cushman Wakefield, Global Real Estate, Gurgaon, Home Buyers, india, New Delhi, Property, Real Estate, Real Estate Consulting, Real Estate Prices, Rental Prices, Residential Property, Stake.
|
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 [...]
By admin
|
Posted in Real Estate News
|
Also tagged Ahmedabad, Bangalore, Baroda, Chennai, Damac Properties, Delhi, Dubai, Gujarat, Gurgaon, india, Investment Options, Investments, Real Estate, Real Estate Developer
|
Mumbai, Apr 30 Developers and private equity players are set to put India’s retail space market on full throttle with investments worth around$5 -10 billion in FY09-FY10. In moves that would lend retail space gigantic proportions, the Runwal Group and Singapore’s GIC will use a joint venture to launch a ‘Our City Centre’ retail mall over [...]
By admin
|
Posted in Real Estate News
|
Also tagged Bhopal, Food Courts, GIC, Private Equity Firms, Retail Development, Retail Mall, Retail Shops, Retail Space, Runwal Group, Screen Multiplex, Sheth Developers
|
Unitech Ltd plans to launch a mid-income project of 1,200 square feet houses in Greater Noida at Rs.2750 – sees potential demand. This will be followed by Residential launches in Chennai and Hyderabad shortly. The company is also accumulating more land parcels in Mumbai through slum rehab, will disclose once formalities completed.
By
|
Posted in Real Estate News
|
Also tagged chemical SEZ, Chennai, Greater Noida, house, Hyderabad, indonesia, mid-income, NKID, Project, Residential, salim group, Unitech, universal success
|
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 admin
|
Posted in Real Estate News
|
Also tagged Bangalore and Chennai., Cochin, Delhi, Doha, Hyderabad, Indian property expo, indian real-estate, Jaipur, Kannur, Munnar, Pune, Thalassery, Thiruvananthapuram, Thrissur
|
Hotel industry in India has shown strong growth in last financial year. Though hotel occupancies in Bangalore, Hyderabad and Pune dipped marginally owing to over capacity, average room rates for branded hotels across star categories continue to witness robust growth in most cities.
Indiareit Fund Advisors, the Ajay Piramal-promoted real estate investment fund, is planning to introduce its third domestic fund to raise Rs 1,000 crore. Talking to DNA Money, Ramesh Jogani, the fund’s CEO and MD, confirmed the development but did not disclosed details. Jogani said, “In the subsequent two years we will introduce our fourth domestic [...]
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 [...]
MUMBAI: K Raheja Corp, a top real estate company, has entered into a fifty fifty joint venture with Colorado-based ProLogis, a leading owner, manager and developer of distribution facilities globally. The joint venture is for warehousing and logistic infrastructure development in India and is ProLogis’ first business in the country. According to the agreement, the [...]
Indian hotel companies are showing their interest in spreading their business to abroad. Taj Hotel Resorts and Palaces plans to establish one of its world class hotel or resort in either Palawan (Island) or Makati. Taj Hotels Resorts and Palaces chain is more than a century old. It comprises of fifty-seven hotels in forty locations across India [...]
An international real estate agent Knight Frank predicts that the Indian property boom which lasted for the majority of 2007 is likely to continue into 2008, but it could be tempered by the credit crunch. For the same reason he advising buyers to “wait and watch for a month” before deciding to invest.
By admin
|
Posted in Real Estate News
|
Also tagged Assocham, Association Of Foreign Investors In Real Estate, Booming Property Sector, Chambers Of Commerce, Chambers Of Commerce And Industry, China, Delhi, Desk, Foreign Investors, Industry Of India, International Real Estate., Knight Frank, Property Boom, Real Estate Agent
|
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 [...]
Property Listings