Tag: Nagpur

Revival of Realty

March 21, 2010 – 3:47 pm

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 chandrika johri | Posted in Real Estate News | Also tagged , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , | Comments (0)

The TCI Demerger

March 18, 2010 – 6:31 pm

India’s leading integrated supply chain and logistics solutions provider Transport Corporation of India Ltd announced on Wednesday that its board has approved the demerger of its real estate & warehousing undertaking into a new company named TCI Developers Limited (TDL) which will be effective from April 1. The company emailed a press statement saying the [...]

By Pakhi Kshitij | Posted in Real Estate News | Also tagged , , , , , , , , , , , , , , , , , , , | Comments (0)

Indiareit buys Rs 300 crore stakes

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 [...]

By rajani | Posted in Real Estate News | Also tagged , , , , , , | Comments (0)

Unity Infra Upcoming Project

July 5, 2008 – 6:01 am

Unity Infraproject has announced it’s FY08 results. Unity Infra project’s profit after tax (PAT) for FY2008 stood at Rs 600 million, up 42% from Rs 423 million in FY2007. EPS for FY2008 was Rs 44.9 versusRs 32.9 in FY2007, a growth of 36%. Out of the current order book, 56% pertains to government and 44% [...]

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For Some Mahindra Lifespace May Opt PE Funding

May 7, 2008 – 7:36 am

MUMBAI - Real estate firm Mahindra Lifespace Developers Ltd may consider private equity funding for some of its projects, but has no immediate plans to dilute its stake, a top official said.

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Triangle RE fund to raise $500 m for Indian realty

March 31, 2008 – 5:45 am

To cash in on the growth of organised retail in India, UK and South Africa-based real estate investment groups have launched retail property focused Triangle Real Estate Fund (TREF) for India. The $500 million fund will be routed through Mauritius and will be managed by Property Zone – a joint venture between Old Mutual Investment [...]

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Real Estate Industry Spreads Over Small Cities

January 28, 2008 – 5:10 am

Disproportionate increase in property price in metro cities has resulted into expansion of hotel industry to small cities. The Giants of hotel industry are shifting their focus to cities like Ahmedabad, Bhuvaneshwar, Chandigarh, Coimbatore, Goa, Guwahati, Indore, Jaipur, Ludhiana, Lucknow, Mysore, Nagpur, Surat Vishakhapatnam and many more. Main reason behind the change in investment trend [...]

By rajani | Posted in Real Estate News | Also tagged , , , , , , , , , , , , , , , , , , , , | Comments (1)