After having lived outside of India for close to 40 years or even more, many NRIs are now joining a reverse flow into India, and investing in property back home.
Many are looking for retirement, or semi-retirement homes that may later tempt their children or grandchildren into connections with India. But it can also be good [...]
NRI steel tycoon Lakshmi Mittal has bought his third major property for seventy million pounds in Kensington Palace Gardens, London’s most expensive street.
Mittal, whose fortune is estimated at twenty seven billion pounds, already owns two big homes in Kensington Palace Gardens where Princess Diana spent her last years.
The most recent purchase of the former embassy [...]
By manish
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Posted in Real Estate News
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Also tagged Arcelormittal, Buckingham Palace, Central London, Embassy Of The Philippines, Kensington Palace, Kensington Palace Gardens, Lakshmi Mittal, Noam Gottesman, Philippine Embassy, Princess Diana, Steel Giant, Steel Tycoon, Wealthiest Person By Forbes Magazine
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The real estate sector might have hit a rough patch of late, but that has not stopped India’s rich and mighty from striking housing deals in Delhi’s elite areas at fancy prices.
Three low-profile but high-value transactions worth Rs 300 crore have been closed in Central Delhi’s posh Golf Links locality, where infrastructure major GMR, a [...]
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 rise [...]
By manish
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Posted in Real Estate News
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Also tagged Consulting Company, Cushman Wakefield, Global Real Estate, Gurgaon, Home Buyers, india, Mumbai, New Delhi, Real Estate, Real Estate Consulting, Real Estate Prices, Rental Prices, Residential Property, Stake.
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Money invested in real estate, for income and capital growth, grants stable and expected returns, parallel to bonds. Like other investment option, this too, has certain threats attached to it. Following are the elementary factors affecting the value of a particular property.
Location: The location of a building is a important factor in determining its market [...]
MUMBAI, April 4 - Fund manager Saffron Asset Advisors is raising a maximum of five hundred million dollar through an India- focused real estate fund, and has agreed for Standard Life as anchor investor, a top official said on Friday.
Saffron’s Managing Director A. V. Kapoor stated that Standard Life will invest seventy five million dollar [...]
February 29, 2008 – 7:32 am
Singapore’s largest private property developer, the $4-billion Far East Organization, is keen to get a toehold in India. The Singapore conglomerate is talking to prospective Indian partners for its proposed foray in the booming realty market, especially in major metros like Delhi, Mumbai, Kolkata and Chennai.
Mr.Chia Boon Kuah, executive director, said “We are talking to [...]
February 28, 2008 – 4:46 am
Foremost master real estate developer Dubai Properties has participated at the premium luxury show ‘Mumbai Extravaganza 2008’ in Mumbai, India to showcase its most recent portfolio of realty developments including the latest to be announced ‘Mudon’ project, to an elite audience of high net worth visitors and top tier conglomerates.
Mohamed Binbrek, CEO, Dubai Properties, said, [...]