November 7, 2008 – 11:32 pm
DLF Vice-chairman Rajiv Singh says the company would try and fill the gap in its portfolio by acquiring suitable assets which come up for distress sale in a depressed real estate market.
“We will be prepared to look at opportunities, but won’t pick up something just because it’s cheap. However, there are some gaps in our [...]
By Rajani
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Posted in Real Estate News
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Also tagged Apprehension, Dlf, External Environment, Global Economic Turmoil, Group Company, Mnc, Net Profit, Office Space, Promoter Group, Rajiv Singh, Receivables, Space Requirements
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The general economic slowdown has started impacting the commercial real estate sector as was obvious by slower uptake during the April-June period of the year.
During the period, commercial real estate demand was only at 9.74 million square feet as against the supply of 18.07 million sq.ft, commercial real estate services firm Cushman & Wakefield (C&W) [...]
By manish
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Posted in Real Estate News
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Also tagged April, Chennai, Commercial Real Estate, Consumers, Corporations, Cushman Wakefield, Economic Slowdown, Economy, Real Estate, Real Estate Sector, Real Estate Services, Rental Values
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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 has [...]
A few years ago, DDA and GDA used to make one-bedroom flats in a big way. These one-bedroom flats can be seen in numerous parts of the capital, and in Ghaziabad. Thousand of people live in these flats with their families.
Nowadays, there are ample buyers for such one-bedroom flats; the prestigious real estate firms have [...]
By Rajani
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Posted in Real Estate News
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Also tagged 1BHK, Anil Sharma, Apartment, Bedroom, Enormous Demand, Existence, Financial Incentives, Flats, Ghaziabad, Home Loan, house, Real Estate Firms, Real Estate Market
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This led to the expansion of the Delhi Mass speedy Transit System, or Delhi Metro as it is known. The success of this transport network that began procedure in December 2002 now sees it as not only the public transportation of choice, but the model itself has become the standard for the development of other [...]
The rush in real estate prices and a talent crisis in metros are forcing the $11 billion Indian BPO industry to shift to Tier II cities in the country, according to a study conducted by consultancy firm Everest Group.
“It is difficult to maintain the growth in Tier I cities because of the increasing real estate [...]
Deutsche Bank has raise up close to 40 percent stake in Ramprastha Promoters and Developers. Ramprastha Promotors and Developers is a group company owned by Delhi-based Ramprastha Group for $80 million. Ramprastha Promoters and Developers have been primarily engaged in developing housing projects in the national capital region (NCR).
Hinduga group one of the leading diversified groups in the world, today announced the appointment of Ravinder Babbar as COO for Aasia Properties Development Ltd., the real estate arm of the group.
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