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 [...]
By lata
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Posted in Real Estate News
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Also tagged Affordable Housing, Affordable Units, Developers., ECB, external commercial borrowing, Indian House Prices, Lloyds TSB International Global Housing Market Review, London-based, Russia, South Africa, Union Budget 2012
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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 [...]
By lata
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Posted in Real Estate News
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Also tagged 2000 sq m land, Additional Chief Secretary (Urban Development Department) TC Benjamin, Affordable Housing Policy, April 15, Aurangabad, built-up space, economical housing, Kolhapur, Mhada, Nagpur, Nashik, Pune, representatives of Confederation of Real Estate Developers’ Associations of India (CREDAI), reserve 20 per cent of the land, Satish Magar, State Government
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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 [...]
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Posted in Real Estate News
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Also tagged asset management group, business group, Chennai, colaboration, Crore, elad, gem group, Hospitality Sector, Housing Projects, India Real Estate, initial focus, Mahabalipuram Road, progress reports, residential facilities, Residential Project, Rs 2, Special Purpose Vehicle, sq ft, sum total, Target, Vision India
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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, [...]
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 [...]
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. [...]
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Also tagged Balance Sheet, Bombay Stock Exchange, BSE, Commitments, Fortunes, Hotel Project, Hyderabad, Kolkata, Ncr, Purpose Vehicles, Real Estate Developer, Realty Firm, Saket, Special Purpose, Talks With Private Equity, Unitech
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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, [...]
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Posted in Real Estate News
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Also tagged Bangalore, Gurgaon, Home Developers, Housing Projects, Housing Units, Income Category, Income Housing, india, Kolkata, Major Real Estate, Pune, Real Estate Developer, Slump
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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 [...]
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Posted in Real Estate News
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Also tagged Budget Hotel, Commercial Real Estate, Commercial Space, Debt Repayment, Financial Crisis, Hospitals, Joint Venture, Negotiations, Private Equity Funds, Ramesh Chandra, Real Estate Developer
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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 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 [...]
Today, there is talk of a slowdown as buyers are taking just a little longer to decide if they want to go ahead and take that decision now. Pranay Vakil, chairman, Knight Frank said, “Without a doubt, interest rates have made a difference. After all, the monthly outgo will increase”. Taking a closer look at [...]
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Also tagged Bptp, Emaar MGF, Housing Project, Land Banks, Malabar Hill, market, Palm Street, Parklands, Plumeria, Real Estate Sector, South Mumbai, Taj Express, Uppal
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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 [...]
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Posted in Real Estate News
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Also tagged Apartment, Bangalore, Eco Resort, Health Resort, Housing Project, Real Estate Investment, Real Estate Investment Trusts, REIT, Service Apartments In Bangalore, Square Feet, Surya, Tourism Project, Vishakhapatnam
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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 [...]
By admin
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Posted in Real Estate News
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Also tagged Army Public School, Dehra Dun, Dehradun, Devlopers, Doon School, Himalayan Ranges, Housing Properties, Income Tax Exemption, Indian Military Academy, Multiplexes, Mussorie, Peace And Tranquility, Real Estate, Realtor Firms, Thomas High School, Uttranchal
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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 [...]
By admin
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Posted in Real Estate Information, Real Estate Investment
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Also tagged Commercial Projects., Conglomerate, Gurgaon, Hospitality Industries, Hospitality Sector, Hotel Projects, Indian Telecom, Kolkata, London Stock Exchange, Project, Resort Projects, Russian, Telecom Business, Tourism Business
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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 [...]
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.
By admin
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Posted in Real Estate Information, Real Estate News
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Also tagged Ansal Api, Bhk, Bptp, Faridabad, Gurgaon, Housing, Housing Projects, Manesar, New Delhi, Parsvnath, Real Estate Developer, Rohtas
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