Tag: Residential Properties

Realty prices unlikely to rise in recent future

September 11, 2009 – 1:19 pm

Real estate prices are unlikely to go up in the next six-months and the industry may witness huge volumes of sales of residential properties. According to Mr. Niranjan Hiranandani , MD of Hiranandani Group of Companies, “There is a huge improvement in real estate and prices will not increase, at least for the next six [...]

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Uttaranchal deserves foreign investment

January 3, 2009 – 3:08 am

Real estate of Uttaranchal is fighting for sufficient foreign investments for its development. The real estate in Dehradun is growing at a pace. It has opportunities in industry, tourism, commerce and investment. The state is crowded with lots of real estate builders, who has various township projects for state. Though, commercial and residential properties in [...]

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British Realty Aiming Indian Investors

August 7, 2008 – 11:57 pm

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 [...]

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Indians To Spend 15 Billion Pound To Buy Homes In UK

August 7, 2008 – 11:56 pm

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 [...]

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Increase In Prices For Karnataka Real Estate Property

May 23, 2008 – 1:14 am

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 [...]

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Fitch assigns ‘A-’ rating to Ansal Properties

February 25, 2008 – 8:51 am

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 [...]

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NRIs Are Showing Interest In Investing In Property

January 30, 2008 – 2:49 am

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 [...]

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Emaar MGF Launches IPO

January 23, 2008 – 7:46 am

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 fixed between [...]

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