American real estate developer Hines is planning to develop housing projects in India, in partnership with some Indian developers. American real estate developer Hines plans to enter the residential segment of India. The group plans to develop one or two housing projects. Earlier, partnering with DLF Ltd and Shyam Telecom, it had developed some commercial projects […]
Tag: Residential Projects
Rise in Indian House Prices gives relief to Affordable Units.
March 24, 2012 – 4:37 pm
Developers were largely disappointed with the country’s budget for 2012. They had hoped the budget would have included more incentives for the development of affordable housing. Still, several of the key budget items were aimed at stimulating capital for new residential projects. In the world, Housing prices in India are the highest, as per the […]
From April 15, State Government to implement the Affordable Housing Policy.
March 12, 2012 – 5:57 pm
The affordable housing policy by the state government is set to be implemented from April 15. The policy will be implemented after the final notification within a month’s period with a preliminary notification already out. The decision got finalised in a meeting between Additional Chief Secretary (Urban Development Department) TC Benjamin and representatives of Confederation […]
Vision India Arrives IN Chennai
April 10, 2010 – 3:20 pm
A business group in the US named Vision India Real Estate is bankrolling a sum total of $5 million in an upcoming residential project in Chennai. The project belongs to Gem Group. This is the first time that the US Company is going for a joint development project. It is proposing an investment of $100 […]
Impact of new order on premium FSI
September 22, 2009 – 4:31 pm
The Government order permitting premium FSI in the area coming under Chennai Corporation, 16 municipalities, 20 town panchayats and 214 village panchayats in Chennai, Tiruvallur and Kancheepuram districts is expected to have a marginal impact on end users. The gazette notification is expected shortly and the move would permit builders of new projects in CMA, […]
Consider all the factors before purchasing
July 18, 2009 – 1:19 pm
There are various factors that must be discussed before purchasing property. One needs to consider factors such as economic growth outlook, interest rates, job security, demand, credit supply etc, understand the overall dynamics of the real estate sector. Rough estimates show that out of the total 100 percent real estate market the residential segment weightage […]
Unitech looks for $560 million from PE funds
January 14, 2009 – 3:47 pm
India’s second-biggest real estate developer Unitech is in talks with private equity (PE) funds for investments up to $560 million (Rs 2,750 crore). The realtor is also in negotiations with banks to restructure an additional Rs 500 crore of loans as part of its plan to cut debt and secure funding to complete existing projects. […]
DLF To Pump In Rs 150 Billion For Residential Projects
December 16, 2008 – 4:46 am
DLF, India’s major real estate developer, announced that it plans to invest Rs 150 billion over the coming three fiscals to construct various residential projects across the country. The company has raised Rs 16,750 million as private equity in eight projects in November 2007. According to sources, DLF Home Developers, the wholly-owned arm of DLF, […]
Unitech plans sale of assets to raise funds
November 27, 2008 – 12:40 am
In a bid to tide over the current financial crisis, Unitech, the second largest real estate developer in the country, is planning to raise money by selling some of its assets, such as hotels and commercial real estate. The company, which currently has a debt of Rs 8,200 crore, is also planning to rope in […]
Net Profit Of Leading Property Developers Rose In Ist Quarter Of FY09
July 31, 2008 – 4:48 am
Aided by revenues from mid-income houses, net profit of property developers, such as Unitech and Puravankara Projects, rose in the first quarter of FY09, beating analyst expectations. Unitech, the country’s largest listed developer, posted a 15.7 % growth in net profit during the quarter, mainly due to higher realisations the company made in the mid-income […]
Anant Raj Expects 40% Profit In Fiscal Year 09
July 28, 2008 – 7:55 am
Anant Raj Industries Ltd expects profit for the year ending March 2009 to rise 30% to 40%, helped by sales of two residential projects and robust rental income. The real-estate firm, which has most of its projects in northern India, has said it will focus on growing income from rentals. The firm reported a profit […]
SatyaVani In Talks With European REITs
July 14, 2008 – 6:06 am
Hyderabad-based real estate firm SatyaVani Projects and Consultants is in talks with European REITs to raise $150 million in private equity, which will form the bulk of the $190 million it plans to spend on projects in Hyderabad, Bangalore and Vishakhapatnam. Company’s director Mr. P Surya Prakash said that besides private equity, SatyaVani Projects is […]
Real Estate In Dehradun
June 20, 2008 – 6:39 am
Dehradun is the capital city of uttranchal. It is located amidst Himalayan ranges. That increases its beauty by many folds and delivers peace and tranquility to the residents. Currently real estate market in dehradun is pretty good with all top realtor firms entering the city. With top firms investing heavily in massive residential projects and […]
Sistema Will Invest In Hospitality Sector In India
May 1, 2008 – 7:48 am
Kolkata, April 30:- Mr Alexander A. Chinyaev, the chief representative in India of Sistema said that after venturing into the Indian telecom business, Russian conglomerate Sistema is now planning to tap the real estate and hospitality industries in India. The London Stock Exchange-listed public sector company is looking at investing an estimated eight hundred crore […]
Stagnant prices hit Kolkata Real Estate
April 16, 2008 – 7:43 am
After last year’s buoyant market, signs of sluggishness have set in the Kolkata real estate market, particularly in the residential segment. While property prices in prime locations continue to witness an upward trend, they have stagnated to last year’s level in upcoming suburbs in absence of investments. For instance, in the Rajarhat, the residential and […]
Real Estate Companies planning for Low-Cost Residential Projects
March 19, 2008 – 1:45 am
NEW DELHI: Playing on the basic economics of small margins-high volume, realty majors are now adding low-cost residential projects to their portfolio. Omaxe, DLF, Ansal API, Parsvnath, BPTP, et al are setting their eyes on the small and mid-income home buyer segment and lining up projects which will meet the aam aadmi’s need.
