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Indian Realty NewsIndian Realty NewsIndian Realty news provides news on commercial and residential properties in India along with the home and office buying information and news on latest property investment, finance and property loan and laws in India and for its various cities like D Articles
EMI Holidays Drive Flat Housing Sales
2008-05-30 08:29:00 Faced with declining demand for properties, real estate developers are courting buyers with a new offer: EMI holidays. This trend is catching up in cities like New Delhi and Bangalore where real estate markets face stagnation. Under an EMI (equated monthly installment) holiday scheme, the buyer only needs to make a down payment of 10-15 per ... More About: Holidays , Sales , Drive , Housing , Flat
Hit by Slowdown, UK Property Investors Look to India
2008-05-29 11:12:00 As property prices continue their downward spiral in Britain, NRI investors here are looking to India , which is increasingly seen as a hotspot due to rising real estate prices across the country. Every week, leading mortgage lenders and estate agents publish figures of declining prices, higher number of houses on the market, fewer buyers and smaller ... More About: Property , Investors
IT, Non-IT Rental Gap Widens in India
2008-05-29 11:06:00 The rental gap between IT and ITes office space and others is widening as per the latest report by real estate consultant Jones Lang La Salle, leading to a severe supply crunch for the non-IT segment. The rental gap, the report says, between the two space types in the same or similar locations, was widening due ... More About: India , Rental
Walk to Work - The new Mantra of Pune, SEZ.
2008-05-29 11:02:00 The Blue Ridge IT/ITES SEZ is an international 2.88 million sq. ft. SEZ with an integrated township. Located in the Silicon Valley of Pune -Hinjewadi and being the first notified SEZ in Phase-I it is built on the principles of Facilities, Flexibility and Freedom, the Blue Ridge SEZ is unique in more ways than one. As ... More About: Work , Walk , Mantra
K Rahea ties up with ServCorp
2008-05-29 10:52:00 K Raheja Corp, one of India?s leading real estate and retail companies, has entered into an exclusive franchise agreement with Servcorp, global leaders and pioneers of the fully functional serviced offices and virtual offices? business, to establish a presence in the fully serviced offices business in India. Mr Chandru L Raheja, Chairman, K Raheja Corp, informed, ...
Mumbai Airport Upgrade to Open up Mega Retail Space
2008-05-29 10:50:00 The Mumbai airport?s upgradation will open up a humungous 5.7 crore sq ft or about 132 acres of real estate (almost seven Oval maidans), exclusively for non-aeronautical purposes like retail, commercial and hospitality. The area is mainly around Sahar village, Kurla and Kalina. According to a Cushman & Wakefield report on Airport Realty, the modernization and ... More About: Space , Open , Retail
Anil Nanda co Akme to go for JV with MPC
2008-05-28 08:05:00 Anil Nanda Group Company Akme Projects Ltd today announced joint venture with private equity firm MPC Synergy Real Estate to develop seven premium housing projects with an equity investment of about Rs 1,000 crore. The 50:50 joint venture, named Akme Rhine River Projects will develop seven projects at Ludhiana, Mohali, Greater Noida and two each in ...
High Real Estate Prices hit Adidas India Plans
2008-05-28 08:01:00 Expansion plans of footwear and apparel major Adidas India has been hit by high real estate prices ruling in the country, a company official said. Adidas India Marketing Private Ltd’s Managing director Andreas Gellner told reporters, “Rise in real estate prices has been affecting our growth plans in India”. The company’s was planning to increase the number ... More About: Estate , Real Estate , Plans , Real
Carrefour may Opt Parsvnath for India Foray
2008-05-28 07:57:00 Carrefour, the world’s second largest retailer, is considering the franchise model to initially expand its presence in the country and may announce a local partner in four weeks, people involved in the development said. The French retailer, which has held talks with as many as 50 domestic business houses including Mumbai-based Wadia group and Mukesh Ambani-led ... More About: India , Carrefour
PE Money coming in Full flow into Indian Realty
2008-05-27 07:54:00 The private equity (PE) graph in India?s real estate sector is growing as high as its skyscrapers. The first five months of 2008 has PE commitments in Indian real estate companies surpassing the total PE investments committed in the whole of 2007?that is $3 billion. Experts say PE funding in the second half of the year ... More About: Money , Full , Flow , Realty
Non-Enforcement of Provisions of Tenancy Act in Goa
2008-05-27 07:51:00 This article is to remind the government, the agriculture, revenue and panchayat departments, the block development officers (BDOs), the village panchayats and the gramsabhas about their statutory role clearly laid down since June 1975 and responsibilities regarding the agricultural land assets. The gramsabhas may continue to agitate against mega projects, tourism, mining and other issues ... More About: Enforcement
Record Breaking Realty Deal by Indian
2008-05-27 07:49:00 Mr. Mittal, Britain’s richest man, is understood to be in negotiations to buy the property in Kensington Palace Gardens, one of the most prestigious addresses in London. When the deal goes through, the house will be the magnate’s second property in the tree-lined private avenue near the Royal residence that was home to Diana, Princess of ... More About: Indian , Deal , Record , Breaking , Realty
Realty Companies Dilute Promoters? Holding to Raise Funds
2008-05-20 07:52:00 Construction companies have resorted to expansion of equity base, and subsequent dilution of promoters? stake, to meet their financing needs. As per an ETIG study of 50 firms in the sector, which have disclosed their shareholding for March?08, close to 15 firms reported expansion of equity base over last year. If we take a longer ... More About: Companies , Holding , Funds , Realty
Kotak Eeady to Pay Rs 600 Crore for Contractor House
2008-05-20 07:48:00 Yet another large property deal is brewing in Mumbai . The Kotak Mahindra group is in talks with developer Orbit Corporation to buy the ?Hafeez Contractor House ?? a prime commercial property of Orbit?for over Rs 600 crore. Sources said Kotak may use its property fund Kotak Realty Fund for the proposed transaction. When contacted, Orbit CFO ...
Parsvnath Close to Deal for Nanocity
2008-05-20 07:44:00 Parsvnath Developers, the Delhi-based real estate developer, may bag the development rights for one of India?s biggest infrastructure projects, the Rs 1,850-crore Nanocity, coming up at Panchkula near Chandigarh. The project, spread over 11,138 acres, being jointly promoted by Hotmail founder Sabeer Bhatia and the Haryana State Industrial and Infrastructure Development Corporation (HSIIDC), is modeled on ... More About: Deal , Close
Residential Rentals in Delhi up 13% in 2008
2008-05-20 07:42:00 Rentals of residential properties in central Delhi has appreciated up to 13 per cent in the first quarter of 2008 as demand continues to be buoyant despite the capital witnessing saturation in development of new space, a report says. Global real estate consultant Cushman & Wakefield said central Delhi locations have witnessed appreciation in rentals in ... More About: Residential , Rentals
Blackstone to Invest $18m into India Construction Biz
2008-05-20 07:41:00 Blackstone Real Estate Partners, an affiliate of The Blackstone Group L.P., recently invested $18 million for a minority stake in India n construction management firm Synergy Property Development Services Private Ltd. Formed in 2003, Synergy is one of the largest construction management companies in India with over 500 employees in nine offices across India and in Dubai ... More About: Construction , Blackstone , Invest
Realty needs Indices Similar to Equity Market
2008-05-20 07:38:00 The Real estate industry in India has been growing by leaps and bounds in the past few years. However, the country still lacks a credible way to cross-check the price swings (real or reported) in the sector. For example, recent reports of residential prices cooling off in major cities of the country could not be ... More About: Market , Realty , Equity
Airports to Emerge as Business Hubs
2008-05-19 11:52:00 All new airports in the country will emerge as business hubs with world class office, hospitality and retail space. The modernization and development of airports will not only provide the facelift to respective cities but also boost the real estate sector, said a report by Cushman & Wakefield. To exploit the trend of developing city centers ... More About: Business , Airports , Emerge
Hyderabad Authority investing Big Money in Expressways
2008-05-19 11:50:00 The Hyderabad Urban Development Authority (Huda) is investing about Rs 6,000 crore for an eight-lane access-controlled expressway. Part of the Outer Ring Road (ORR) project, it would be taken up in three phases, said Huda vice-chairman KS Jawahar Reddy. In the first phase, a 24-km road would be laid from Gachibowli to Shamshabad, which is scheduled ... More About: Money , Investing , Big Money
PE Funds Shy away from Real Estate Sector
2008-05-16 06:41:00 An apparent slowdown in the real estate sector is forcing PE (private equity) funds to rein in their exposure to the sector, with nearly 30 per cent of the deals now stuck over valuations. PE funds and analysts have become far more cautious in evaluating real estate investments in India. One of the analysts said that ... More About: Estate , Real Estate , Real , Funds
Emerging Markets Invest $1.7 trillion in Real Estate
2008-05-15 07:12:00 The most popular targets for real estate investments now are countries in the new economic region stretching from China across India and the Middle East to Africa (CHIMEA), said a report. The top 50 emerging markets represented in A T Kearney?s recent Real Estate Opportunity Index spent a combined total of $1.7 trillion on construction in ... More About: Real Estate , Markets , Invest
Talent Shortage may Stunt Greenbuilding Movement?s Growth
2008-05-15 06:51:00 As the green building movement in India gathers steam with growing numbers of real-estate developers adopting eco-friendly construction methods, it is trying to overcome a huge shortage in green-friendly industry professionals. The Indian Green Building Council (IGBC) - the nodal body for eco-friendly construction - has some 190 buildings registered with it for certification and is ... More About: Growth , Stunt , Talent
Mahindras to drive into low-cost housing projects
2008-05-07 08:16:00 Mahindra Lifespaces Developers (MLDL), the housing and real estate arm of the $ 7.5 billion (Rs 30,566 crore) Mahindra Group, is planning to enter the business of building low-cost houses for the middle-income group. Low-cost houses have become a fad among young people, as they are available at an affordable cost of Rs 25-30 lakh. ... More About: Projects , Drive , Cost , Housing , Low cost
Lack of Clarity may Hit Realty Funds? take-off
2008-05-07 08:05:00 A week after Sebi announced guidelines for real estate mutual funds, officials at fund houses and real estate developers are awaiting clarity on certain issues before they go ahead with scheme launches. Industry experts point out that taxation, periodic calculation of net asset value (NAV), and absence of any benchmark indices are some of the ... More About: Home Loans , Funds , Realty , Lack , Clarity
Hampshire Hotels to Develop 2 New Projects in Kochi
2008-05-07 08:03:00 Hampshire Hotels and Resorts (HHR), owned by the NRI Sant Singh Chatwal, is developing two properties in Kochi , one of which is in a privately owned island in the heart of the city. Sources told FE that the island property would be developed jointly with its owners, a Kochi based architect firm, which had forayed ... More About: Projects , Hampshire , Develop
Rajarhat Complex in Kolkata to Offer Luxury Condos, Singapore-Style
2008-05-07 08:00:00 Realty major from Singapore is setting up luxury condos in New Town, Kolkata , complete with wi-fi connectivity, an aroma garden, an elevated green podium to camouflage the underground parking lot and a mini cricket field. Elita Garden Vista, a 1,278-unit complex, is being developed on a 25-acre land parcel in Action Area III of the Rajarhat ... More About: Luxury , Style , Complex
The sub prime crisis and what it means for India
2008-05-06 08:53:00 The sub prime mortgage crisis and its potential impact on US economic growth has raised concerns whether growth in India ? which averaged over 9% in the last three years ? will be adversely affected. The Indian economy showed signs of overheating in mid-2007, with inflation rising above 6%. Although the central bank has pursued ... More About: Crisis , Prime
Cartier to set up boutique in Delhi soon
2008-05-06 08:49:00 Cartier, an iconic French luxury watches and jewellery brand, will soon set up shop in India to cash in on the growing affluence. “We are in the process of setting up our boutique in the Delhi region as we have got necessary approval from the government,” Richemont FZE Managing Director Patrick Normand told reporters. The ... More About: Cartier , Boutique
Chennai curbs high-rises due to radar restriction
More articles from this author:2008-05-06 08:43:00 Enjoying the breeze in the living room of an apartment on the 40th or 50th floor of a highrise still remains a dream for Chennai ites — and it doesn’t make a difference even if you have the money to put up the entire building on your own. While metropolitan cities the world over are sprouting skyscrapers ... More About: High , Radar 1, 2, 3, 4, 5, 6, 7 |
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