Tag Archives: Real Estate

Rental Prices Higher By 13% In Main Cities

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 [...]

CLSA Sells Shares Worth Rs 35 Crore In Indiabulls Real Estate

Foreign fund house CLSA Ltd on Monday sold shares worth about Rs 35 crore in Indiabulls Securities Limited on NSE.
Further, MindTree Consulting bought shares worth nearly Rs 2.2 crore in AztecSoft today on the NSE.
In a bulk deal, CLSA sold 31.8 lakh shares in Indiabulls Securities for an average price of Rs 110.15 per share. [...]

Now buy Dubai property from your Local Agent

Dubai-based luxury real estate developer DAMAC Properties has appointed local agents in Gujarat to harness the investment opportunities in the region. The company has signed up around 60 agents across India, mostly in metros.
These include two Ahmedabad-based and one from Baroda. The initiative has been taken by the company to market and sell its international [...]

Gujarat’s first IT SEZ Will Be In Sanathal

Ahmedabad, May 7 The Pune-based Vascon Engineers Limited has initiated construction of the state’s first Information Technology Enabled Services (ITES) SEZ at Sanathal village off the Sarkhej-Gandhinagar highway.

Realty Has Designs For Foreign Architects

It’s not just the consultants, funds and law firms that are coming to India. The booming real estate sector has attracted yet another important segment of the global industry—the architects. Celebrated British architect Lord Norman Foster, who shaped London’s 21st-century skyline with buildings such as the Gherkin, the new Wembley stadium, and has designed other [...]

Real Estate Need Talent And Skill

The demand for talented and skilled individuals to power the growing real estate industry has increased. “The Indian real estate sector is maturing from the short-sprint mindset and is gearing up for the long distance stakes of sustainable real estate development,” says Anuj Puri, chairman and country head, Jones Lang LaSalle Meghraj, real estate money [...]

SEBI clarification on real estate MFs

MUMBAI: The SEBI on Friday said real estate mutual funds can invest in properties located in million-plus cities and urban agglomerations. Issuing a clarification, SEBI said the cities for investment by real estate mutual funds would include thirty five cities in million-plus urban agglomerates and twenty seven under the million-plus category as per the Census [...]

DLF Assets Raises $450 Million from Symphony Capital; Singapore IPO On Cards

DLF Assets, the property fund of DLF Ltd, India’s largest real estate developer by market capitalisation, has raised $450 million from Symphony Capital, a London based investment firm. DLF Assets has earlier received two hundred million dollars from a fund sponsored by Lehman Brothers and $400 million from another global investment firm DE Shaw for [...]

Land Deals At Prime Locations In Metros Losing Its Shine

The soaring land deals in prime location of metro cities, which had scaled astronomical levels in the past few years, seem to be losing steam. The deals being struck this year are at increasingly lower prices than the ones last year.
Parsvnath Developers has bought 1.18 acre land, jointly owned by Mahajan Industries and Videocon group [...]

Understand The Risks Involved In Real Estate MFs

Mutual fund (MF) houses are rejoicing the securities and exchange board of India’s decision to allow MFs to launch real estate schemes. In fact, they have been waiting for almost two years to get the nod from the stock market regulator. For late comers, you don’t need lakhs or crores of rupees to invest in [...]