With the property market tumbling in big cities like Bangalore, realtors are now shifting their focus to tier III towns. A total of 47,000 properties were registered in Shimoga during 2007-08 as against 33,000 in 2006-07. In Davangere, the corresponding numbers were 54,000 and 37,000, similarly with Gulbarga, Hassan, Tumkur, Bagalkot, Mandya and other tier-III […]
Tag: Square Feet
A Mumbai Colony Is In The List Of Most Expensive Address In World
August 9, 2008 – 2:17 am
An old Mumbai neighborhood has made it to the list of the World’s ten most expensive addresses. A survey conducted by Wealth Bulletin, a UK based online news service has named Altamount Road, as the tenth most expensive street address in the world and the residents believe the honor is fully justified. Falguni Patode,Resident,Altamount Road, […]
SatyaVani In Talks With European REITs
July 14, 2008 – 6:06 am
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 […]
Dubai-based ETA Star Real Estate Firm Plans To Enter Asian Markets
June 24, 2008 – 7:11 am
Dubai-based ETA Star real estate firm plans to utilize its funds to develop 120 million square feet of land in India. Dubai’s ETA Star Property Developers mulls a fund of $400 million via Islamic bonds to enter Asian markets as diverse as India and Laos. The real estate firm is planning to utilize its own […]
Bangalore’s growth is filling profit in its pocket
March 26, 2008 – 6:21 am
On analysis of the growth pattern of Bangalore, we witness a push for developments in the North of Bangalore comprising of Banaswadi, Peenya Industrial estate, Yashwantpur and Yelahanka. The growth shift has been attributed to the development of International airport in Devanahalli. The road from Bellary road to Yelahanka is witnessing rapid residential development. Prices […]
