Tag Archives: Residential Properties

British Realty Aiming Indian Investors

British realty developer The Berkley Group is aiming Indian investors with its two exclusive London properties in the price range of Rs 2-8 crore per flat. It has coupled with global property consultant Jones Lang LaSalle Meghraj (JLLM), which sees investment by wealthy Indians in British residential properties growing up to 15 billion pounds by [...]

Indians To Spend 15 Billion Pound To Buy Homes In UK

Fuelled by the country’s rapid economic growth and increasing number of high net worth individuals, residential investment by Indians in UK is likely to touch a whopping 15 billion pound over the next decade, says a report.
“Indians could potentially own 20,000-30,000 UK residential properties over a 10 year horizon and UK-India cross border Investment is [...]

Increase In Prices For Karnataka Real Estate Property

Real estate developers in Karnataka have decided to raise home prices by 3-8% from June 10, citing steep increases in the cost of construction materials and higher labour rates.
The price hike was “inevitable” because steel was dearer by 24% compared to its January level and cement prices were up 56% from the beginning of the [...]

Fitch assigns ‘A-’ rating to Ansal Properties

NEW DELHI: Credit rating agency Fitch on Monday assigned ‘A-’ rating, indicating investment grade, to Ansal Properties & Infrastructure Ltd (API) for its long-term debt programme of Rs. 100 crore.
Fitch said in a release that the ratings assigned denote that the company’s financial leverage has improved substantially over the last two years.
The rating takes into [...]

NRIs Are Showing Interest In Investing In Property

Indians going overseas for better economic prospects has been an ongoing phenomenon for decades. But in the past few years NRIs are looking to invest in real estate here. This is why because they see this as a way of staying in feel with their soil identity, others as a purely money-making exercise. Whatever the [...]

Emaar MGF Launches IPO

Real estate firm Emaar MGF Land Limited is raising Rs 7000 crore from the market on 1st February. The company has firmed up an initial public offering of 102,570,623 equity shares of face value Rs 10 each at a price to be determined through a 100% book-building issue. The price band has been [...]