October 15, 2008 – 7:53 am
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, [...]
By Rajani
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Posted in Real Estate News
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Also tagged Amritsar, Asterix, Bangalore, Bathinda, Chandigarh, Chennai, Choice Hotels, Goa, Gurgaon, Hotel, Hyderabad, india, Ludhiana, Manesar, Pune, Sabri
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September 28, 2008 – 11:31 pm
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 will [...]
By Rajani
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Posted in Real Estate News
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Also tagged Bank Of India, Close Proximity, Dlf India, Economic Zones, Global Head, Headwinds, Indore, Mahabalipuram Road, Merrill Lynch, Merrill Lynch Capital, Omr, Oversupply, Parel, Puravankara, Rate Hikes, Reserve Bank Of India, Stock Markets, Technology Parks, Vacancy Rates
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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 developers [...]
By Rajani
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Posted in Real Estate News
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Also tagged Allotment, Bed Room Apartments, Borrowing Cost, Dda Flats, Downturn, Dwarka, End Users, Festive Season, Gurgaon, HDFC, Home Buyers, Home Loan Rate, Industry Experts, Loan Inquiries, Property Investors, Rate Hike, Real Estate Investors, Rising Interest Rates
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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 stocks may [...]
By Rajani
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Posted in Real Estate News
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Also tagged Agrawal, Angel Broking, Benchmark Index, Capital Goods, Consumer Durables, Gas Index, Gurgaon, Hitesh, Inflation Rate, Input Costs, Negative News, Omaxe, Parsvnath, Power Stocks, Real Estate Sector, Realty Stocks, Scrips, Sensex
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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 that [...]
By manish
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Posted in Real Estate Investment, Real Estate News
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Also tagged Aggarwal, Bloodbath, Bombay Stock Exchange, Chanakya, Commercial Office Space, Commercial Space, Financial Institutions, Grinding Halt, Jones Lang Laselle, Land Valuations, Meghraj, Precipitous Fall, Real Estate Values, Sensex, South Mumbai, Stock Market Crash, Stock Market Decline, Upto 30, Weak Market
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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.
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