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Tag Archives: Puravankara

Overbuilding Promises A Kick In The Gut For Realtors

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 | Posted in Real Estate News | Also tagged Bank Of India, Close Proximity, Dlf India, Economic Zones, Global Head, Headwinds, Indore, Mahabalipuram Road, Merrill Lynch, Merrill Lynch Capital, Noida, Omr, Oversupply, Parel, Rate Hikes, Reserve Bank Of India, Stock Markets, Technology Parks, Vacancy Rates | Comments (1)

Mahindra Lifespaces Mulls Entering Affordable Housing Segment

September 25, 2008 – 11:14 pm

Mahindra Group’s real estate arm Mahindra Lifespaces is likely to join the ‘affordable’ housing bandwagon in a year, aiming the middle-income group.
“We are looking at opportunities to enter into the affordable housing sector, but it is still at the discussion stage. It may take one year to concertise the plan,” Mahindra Lifespaces Managing Director and [...]

By Rajani | Posted in Real Estate News | Also tagged Affordable Housing, Asset Class, Bandwagon, Chief Executive Officer, Gap, Housing Shortage, Income Group, Income Groups, Indu Projects, Inflation, Managing Director, Margins, Omaxe Ltd, Planning Commission, Private Developers, Real Estate, Real Estate Sector, Shortfall, Shriram Properties | Comments (1)

Realty Feeling Heat Of Market Meltdown

June 7, 2008 – 12:02 am

The real estate sector seems to be at the receiving end of the market meltdown, with the DLF scrip ending below its issue price. For the first time after its listing, the stock of India’s largest real estate developer closed below its issue price of Rs 525 at Rs 519.95.
Although it was closing at all-time [...]

By manish | Posted in Real Estate News | Also tagged Apartment Developer, Inflation, Investor, Luxury Apartment, Meghraj, Omaxe, Real Estate Developer, Real Estate Sector, Realty, Slum Rehabilitation | Comments (2)