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 segment [...]
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 of [...]
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 what’s [...]
By Rajani
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Posted in Real Estate News
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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 looking [...]
By Rajani
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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 manish
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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 manish
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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 industrial hub [...]
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 manish
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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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