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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
LIC Housing to launch Rs 3.5 bn fund
2008-03-12 13:36:00 Life Insurance Corporation Housing Finance (LICHF) is set to launch a new venture capital fund for realty projects. The size of the fund, which is awaiting regulator approval, is likely to be Rs 3-3.5 billion. LICHF`s new realty fund is expected to invest in residential projects. LICHF had taken a 5% stake valued at Rs 75 ... More About: Launch , Fund
Direct tax collections up over 40% till February 2008
2008-03-12 13:31:00 The government said that the direct tax collections have grown more than 40% at Rs 2,326.76 billion till 2008 .html">February 2008 this fiscal. The amount collected by the income-tax department was 41.70% higher than the corresponding figures during the previous year. The revised estimates in the Budget 2008-09 has raised the collections from direct taxes, comprising income-tax, ... More About: Direct , Collections
Singapore, China, India- Hottest Real Estate Destinations of Asia
2008-03-07 11:55:00 Singapore has been rated as the best destination all over Asia for Real Estate Investment, followed by China and India . The second annual survey of real estate investment trusts (reit) in the Asia-Pacific region found that China, India and Vietnam were also hot markets for property growth over the next five years. The survey found that ... More About: Singapore
Israeli Giants Enter Indian Retail Sector
2008-02-29 09:25:00 Israeli mall giants, owners of retail-linked realty assets across the world, are buying into India?s money minting retail sector. Tel Aviv-based mall giant Gazit Globe has tied up with one of the HDFC funds to pump in $150 million into developing assets, including supermarket anchored retail play. Big Shopping Group, of of Isreal?s biggies has ... More About: Indian , Retail , Enter , Giants , Israeli
Indiabulls Real Estate Acquires UK?s Dev Property Development
2008-02-28 06:40:00 Indiabulls Real Estate Ltd has acquiring the entire stake in Dev Property Development Plc in a 138- million-pound sterling (10.9 billion rupees) share-swap deal. Dev, which listed on London’s junior stock exchange in 2007, is promoted by the Indian property developer and holds stakes in several of Indiabulls’ projects in India. Indiabulls Real Estate will issue ...
Dubai Properties Participate at Mumbai Extravaganza
2008-02-27 06:20:00 One of the leading Real Estate Developers of Dubai , Dubai Properties participated at the premium luxury show ?Mumbai Extravaganza 2008? in Mumbai, India to showcase its latest portfolio of realty developments including the latest to be announced ?Mudon? project. The show marked the presence elite audience of high net worth visitors and top tier conglomerates. Expressing ...
Phenomenal Hike in Real Estate Salaries
2008-02-20 08:42:00 A report by Hewitt Associates, a global human resource services firm reveals that Real estate or infrastructure has provided the highest salary hike in 2007. The sector has surprisingly left behind traditional front runners like IT and BPO. Hewitt Associates also forecasts a gradual decrease in salary increases and a stabilisation of increases to a range ... More About: Estate , Real Estate , Hike
Sobha Developers Enter Middle East
2008-02-20 07:28:00 Reckoned Indian Real Estate Developers , Sobha Group Sobha Group has broken ground on its first residential development in Dubai. Building work started on Sobha Daffodil at Jumeirah Village on 28th January, 2008 following a ground breaking ceremony. Speaking on the development, Ajay Rajendran, Vice Chairman, Sobha Group, said, ?Sobha Daffodil marks our entry into the residential ... More About: Middle East , East , Middle , Enter
India Expected to Create Real Estate Investment Trust
2008-02-13 07:54:00 Following fellow Asian countries, India is expected to create a market for real estate investment trusts (REITs) this year. The step will make it easier for investors to buy into the country’s sparkling new office blocks and shopping malls. The move would also be encouraging for foreign property funds keen to join India’s construction boom but ... More About: Estate , Real Estate , Real Estate Investment , Investment
Real Estate Facilitating Indian Economy Growth
2008-02-13 06:16:00 Speaking at the “National Convention ‘NATCON 2008, Kamal Nath, Union minister for commerce and Industry said that developments in the Indian real estate sector symbolizes the changing face of nation and is a reflection of the growth in the Indian economy brought about by high rates of GDP and also by India’s integration with the ... More About: Economy , Estate , Real Estate , Growth
kardan plans $1.2 billion investment in india china
2008-02-12 07:55:00 The Dutch-Israeli investor in real-estate and finance companies, Kardan NV plans to invest as much as 800 million euros ($1.2 billion) to develop housing and commercial centers in China and India . In India, the investment company is looking at opportunities in New Delhi, Mumbai and Pune, where GTC said in November it would build its first ... More About: Investment , Plans , Billion
India Doesn?t Suits your Budget? Invest in UK, US or Dubai
2008-02-11 08:08:00 If investment in India n Real Estate seems to be out of your budget, go for UK, US or Dubai . Sounds unbelievable but its true! Real Estate prices in south and central Mumbai is higher as compared to prices UK, US or Dubai. And the best part is, you get all of it without excessive pollution ... More About: Budget , Suits , Invest
Russian Multinational Sistema to Enter into Indian Real Estate and Infrastr
2008-02-11 05:54:00 The largest chip makers of Russia, Sistema JSFC plans to enter into the Indian Real estate, hotels, hi-tech electronics, infrastructure and highway development. Speakingg on the same President Goncharuk said ‘we are looking at major investments in various sectors, including real estate, hotels, infrastructure and building highways.? These investments will be in addition to Sistema’s 51 percent ... More About: Russian , Estate , Real Estate
Mukesh Ambani-led Reliance Group Plans a Splash in Real Estate
2008-02-08 07:32:00 The Country’s largest corporate house, the Mukesh Ambani-led Reliance group is all set to make a mark in the Real Estate Industry. The Company has already started its procedure of recruiting large number of highly experienced professional to work on its captive and independent projects. The company is in hunt of professional with at least 15 ... More About: Real Estate , Plans , Splash
Indiabulls Real Estate Shares Rise by 4%
2008-02-08 07:28:00 With the recent acquisition of Catherine Builders and Developers by Indiabulls subsidiary Indiabulls Infrastructure, shares of Indiabulls Real Estate has gone up by 4%. Indiabulls has acquired Catherine Builders and Developers from DLF Home Developers. Catherine Builders owns 50 per cent stake in Kenneth Builders & Developers, which won at the auction by DDA to develop ... More About: Real Estate , Shares , Rise
PE Investment to Benefit Real Estate India in the Next Two Years: ASSOCHAM
2008-01-31 12:03:00 With a profit margin of around 35% to 50%, PE landscape in India is one of the best beneficiaries of the Real Estate Sector of the country. Within the coming two years Private Equity (PE) overseas firms investment in Indian market is likely to touch US$48bn. More than 400 such firms are operating in Indian market ... More About: Real Estate , Investment
RBI?s Decision may hit Real Estate Companies
2008-01-30 09:29:00 The Reserve Bank of India?s (RBI) decision not to cut interest rates has spooked real estate companies facing the brunt of a housing industry slowdown caused by the high cost of mortgage financing. RBI, on Tuesday, decided to keep interest rates unchanged in its third-quarter monetary policy review. Real estate companies were expecting a cut, ... More About: Companies , Estate , Home Loans , Real Estate , Decision
Rising rates hit home loans growth
2008-01-29 10:34:00 Rising interest rates have hit banks? consumer finance business, particularly the housing loan segment. The dip in growth is led by a slowdown in housing loan portfolios of banks. Interest rates on home loans have increased to over 10 per cent, affecting demand. The rising real estate prices have also had an impact on the ... More About: Home Loans , Loans , Home , Growth , Rates
Red Fort Capital Plans Rs 2,700 cr Investment in Indian real estate
2008-01-28 07:52:00 Private equity firm Red Fort Capital plans to invest about Rs 2,700 crore in the Indian Real estate. The firm plan to do this by 2009, the plan is also inclusive of an acquisition of 2,500 acres of land in over 20 cities across the country. According to the managing director of the firm the firm ... More About: Estate , Real Estate , Investment , Plans
Israel firm Enters into Indian Real Estate venture
2008-01-15 08:59:00 India seems to be the hottest destination for Israel Real Estate Developers. BSR Engineering and Development Ltd, a firm from Israel ha signed a memorandum of association with Lehman Brothers Real Estate Partners to set up a joint venture to buy land in India for the development of residential and commercial projects. A BSR Engineering ... More About: Venture , Indian
Real Estate Major AIG Plans Entry into India
2008-01-15 06:40:00 One of the largest real estate developers of the world AIG group is planning its entry into the India n Real Estate Market. AIG Investments is setting up a portfolio management service (PMS) through which it will invest in the Indian real estate market. AIG possesses core expertise in the real estate sector, since the last 14 ... More About: Real Estate , Plans
Increase Floor Area Ratio- Developers Request Government
2008-01-09 09:30:00 Real Estate Industry requested the Government to increase the floor area ration while developing infrastructure across the country. The request was made to create more affordable housing, seeing the rise in demand. The plea was made on Tuesday at the national conference organised by the Confederation of Real Estate Developers ‘ Associations of India (CREDAI), various developers, ... More About: Request , Area , Floor
Indiabulls Plans Big
2008-01-09 09:23:00 Supported by ?Steel Tycoon?, Lakshmi Mittal, Indiabulls Financial Services Ltd., foresees a planned fund management unit, which will rank among India’s top five by 2010. The firm which is a prominent name in the brokerage sector seeks to repeat the same in Real Estate. Chief Executive Officer Gagan Banga expects to receive a license to set ... More About: Plans
Commerce and Industry Minister Favours Tax Relief
2008-01-08 09:03:00 Seeing the growing demand of Real Estate, Union Minister for Commerce and Industry , Shri Kamal Nath has expressed his concern over the high taxes applied on Real Estate Prices.Speaking on the same he said that the sector should get tax breaks to meet the growing demand. Inaugurating a national convention on real estate, NATCON-2008, organised by ... More About: Relief
Fishman Holdings to Invest $1 bn in Ludhiana
2008-01-08 06:42:00 India seems to be the hot investment target for every country. The flourishing Indian real estate sector is attracting a lot of investment from overseas. According to media reports, Israeli real estate firm Fishman Holdings is planning to invest $1 billion in Ludhiana . The latest investment plan in India comes close on the heels of another ... More About: Invest
Growth in Real Estate Reflects the Growth in Indian Economy: Kamal Nath
2008-01-07 07:20:00 Addressing the ?National Convention ?NATCON 2008?, Union Minister of Commerce and Industry, Kamal Nath stated that the mushrooming real estate sector signifies the changing face of India and it is a reflection of the growth in the Indian economy brought about by high rates of GDP and also by India?s integration with the global economy. ... More About: Economy , Estate , Real Estate , Growth
NRI Plans Mega Hotel Projects in Punjab
2008-01-07 06:07:00 US based NRI, Sant Singh Chatwal, a close ally of the Clinton family, plans to convert the historic Gobindgarh fort at Amritsar into a seven-star hotel. Speaking on his plans to convert the Gobindgarh fort into a 7-star hotel which will also have a museum, Chatwal said that the amount of non-resident Indians as well as ... More About: Projects , Hotel , Plans , Mega , Punjab
Real Estate Investors Target Tier-II cities
2008-01-04 13:04:00 One of the leading real estate consultant company, Jones Lang LaSalle Meghraj said that tier-II cities of India will continue to be the hot spot for real estate investors. According to Jones Lang LaSalle Meghraj, cities such as Chandigarh, Guwahati, Nashik, Indore, Dehradun, Vadodara and Vizag would be the hottest real estate destinations for 2008. ... More About: Estate , Real Estate , Cities , Real , Target
2007 ? Stupendous Year for Indian Real Estate
2008-01-03 12:19:00 The year 2007 has been a record- breaking year for the Indian Real Estate Industry. The entire year witnessed immense boom in the sector overcoming all the predictions of possible realty doom. Some of the stupendous real estate deals of the year included the sale of a 7,107 sq metre plot at the Bandra Kurla Complex ... More About: Real Estate , Year
Us Retail Major Kroger Plans Entry into Indian Real Estate
More articles from this author:2008-01-02 08:58:00 The $66-billion US based grocery giant, Kroger is all set to enter into Real Estate India. According to reports, the company representatives have already met 3-4 prominent real estate companies of India for joint ventures. Some prominent sources said that Kroger is primarily interested in jointly developing new FDI-compliant commercial projects or buying into existing ones. ... More About: Real Estate , Indian , Retail , Plans 1, 2, 3, 4, 5, 6, 7 |
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