Recently Noida Authority unearthed Rs.3800 Cr worth Real estate scam in Noida. The sources revealed that the real estate scam took place during the BSP regime in the state. Noida Authority recently came up with a real estate scam worth Rs.3800 Cr. The sources close to Noida Authority revealed that the scam took place while […]
Tag: Noida
Noida: Unitech comes up with Gardens Galleria
Unitech, one of the India’s leading integrated developers of large-scale real estate projects, has launched Gardens Galleria in Noida. It is part of Unitech’s existing 147 acres entertainment-cum-retail destination in Noida. Gardens Galleria, designed by US-based firm Callihon, is spread over 8.36 acres, is strategically positioned adjacent to sector -18, Noida and Film City. It is minutes […]
This Navaratra Buyers are back in Realty Sector.
There is flurry of activity in the offices of realty firms as buyers are coming out to seal deals. The mood is likely to remain upbeat till the end of summer vacation of schools. Buyers are back in the realty market this Navaratra, lending credence to this festive season’s reputation as a golden period for business […]
“Kasa Isles” by Jaypee Greens
“Kasa Isles” is the new project recently launched by Jaypee Greens. This is an anomalous project which has taken inspiration from the Mediterranean style architecture. This project will introduce high rise flats and is located at Sector 129, Jaypee Greens, Wish Town, Noida. There will be somewhere 2000 apartments in “Kasa Isles”. These flats fill […]
Jaypee Group Launches Jaypee Greens Sports City in Greater Noida
Jaypee Greens (part of the builders Jaiprakash Associates) has announced the launch of its new project of “Jaypee Greens Sports City”, a township with residential and sports facilities, near the Yamuna Expressway (connecting to Agra). “The Sports City is positioned for everyone who appreciates luxurious surroundings and spaces equipped with sports and recreational facilities,” said […]
Realtors may cut prices by 30%
DLF, Unitech and other real estate developers may lower prices by 30% by mid-2009 to nudge buyers out of their “wait and watch” stance, according to experts. The price cut, if implemented by the country’s builders will also push sales higher, especially of the affordable category, property consultants said. ”Many developers will come down on […]
Choice Hotels To Invest Rs 1500 Crore
Choice Hotels is deciding to invest fifteen hundred crore rupees over coming two years to double the number of its hotels from the present twenty-five to fifty across India. The company has already started construction of twenty-one more hotels and has tied up with various construction companies. Choice hotels has done dealing with Amrapali group, […]
Overbuilding Promises A Kick In The Gut For Realtors
Nipun Sahni, director and global head of commercial real estate at Merrill Lynch Capital, says the number of information technology parks and special economic zones in the 21-km Old Mahabalipuram Road — popularly known as OMR — in Chennai surpasses demand in the entire IT industry in India. he said at a Ficci seminar, “It […]
Property Investors Exit As Downturn Deteriorates
Rising interest rates, shrinking pool of home buyers and anticipated fresh supply of DDA flats has set off what could be termed as early signs of panic among real estate investors in Delhi and its suburbs. A large number of investors are wary of holding the property any longer and are turning it back to […]
Slowdown And Falling Market Demolish Real Estate Stocks
The uncertainty in the capital market has hit realty stocks the hardest. The BSE realty index is the worst performer this year, having shed 51% of its 52-week peak reached in January. With increasing evidence of a slowdown in the realty sector, rising input costs and little chances of interest rate softening, experts feel realty […]
Weak market to take toll on Real Estate
MUMBAI:Monday the stock exchange goes down by 950 points made the real estate industry jittery and on edge.Its really a bad news for the property investors to know the way market is reacting these days and really they would be facing some more problems till it become stable atleast. Pujit Aggrawal Developer from Orbit explains […]
Bahrain Firm Acquires 49 Percent Stake In India IT Park
A Bahraini real estate firm has acquired 49% stake in an information technology park in Noida at a cost of $69 million. Acacia Real Estate, a company spearheaded by Bahrain-based TAIB Bank, has acquired 49 per cent of Logix TechnoPark located at Noida in Uttar Pradesh.