November 17, 2008 – 5:37 am
Mahindra and Mahindra on Monday said there is no slowdown in its real estate projects, even as there is a slump in demand.
“We are not slowing down on any of our projects. Jaipur is rocking, Chennai is doing well, city-based projects such as Faridabad are also doing well,” Mahindra and Mahindra Ltd Executive Mr Arun [...]
November 8, 2008 – 1:38 am
A day after data on direct tax collections indicated dismal growth in key sectors, the bad news was confirmed on Friday by fresh data on the growth of six core infrastructure sectors, which showed they had grown by just 3.9% in the first half of current financial year, a sharp dip from 6.9% for April-September [...]
By Rajani
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Posted in Real Estate News
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Also tagged Aberration, Anecdotal Evidence, Cement., Central Excise, Core Infrastructure, Corporates, Direct Taxes, Downward Spiral, Finance Ministry, Growth Momentum, Infrastructure Sectors, Inventories, Oil Companies, Petroleum Refining, Tax Collections
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October 31, 2008 – 6:01 am
Rental property investments are proving more popular in India as the country sees a slowdown in sales, according to experts.
Real estate companies say people have less money to spend on buying a house, leading many to look at lettings instead.
More recent data from the company shows demand for property in Hyderabad declined by 11% to [...]
Private equity fund SUN-Apollo Ventures has invested Rs 300 crore for 35-40% equity in an SPV of Noida-based realty firm Amrapali group.
SUN-Apollo is a joint venture between Delhi-based Khemka family’s SUN group and US-based private equity fund Apollo Real Estate Advisors. Apollo’s development and investment portfolio is spread across US, UK, Russia and other European [...]
By Rajani
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Posted in Real Estate News
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Also tagged Apollo Real Estate, Apollo Ventures, Emerging Markets, Globe Fund, Housing Project, Investment Portfolio, Jaipur, Private Equity Fund, projects, Realty Firm, Sun Group
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Real estate firm Orbit Corp Ltd expects to add new projects worth 8-10 billion rupees in 2008/09, as it sees strong demand for redevelopment projects in South Mumbai, its main area of operation.
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