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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
2008- Predicted to be a Golden Year for Indian Real Estate
2008-01-01 06:55:00 2008 is going to be a successful year for Indian Real Estate Industry. According to industry body Assocham the Real Estate sector saw a 30-35 per cent 2007 growth in retail and 40-45 per cent in real estate sectors respectively. Predictions are that the boom will continue even in 2008. The following figures were revealed in ... More About: Golden
Real Estate Prices Pose Danger for Retail Sector
2007-12-31 12:10:00 India has been rated at the top of the global retail development index for the second successive year by AT Kearney. However the consultant has acknowledged at least 10 holdups that need attention. The list includes underdeveloped supply chain capabilities, inadequate utilities, IT infrastructure hurdles, supply base hurdles, inadequate human resources, limited consumer insights, taxation ... More About: Estate , Real Estate , Retail , Danger , Real
Massive Growth in Real Estate
2007-12-30 12:01:00 The booming Indian Real Estate has made Property developers billionaires overnight, with profit overflowing in the sector. Office and shopping mall rentals continued their upward trend, the pace being very vigorous in Delhi and Mumbai. At present Mumbai is at the second place in the list of most expensive office markets in the world with ... More About: Real Estate , Growth
Indian Real Estate Industry Witnesses Deluge of Funds
2007-12-24 09:19:00 Despite the recent predictions of a property bubble in U.S, which is a major source of concern, the Indian Realty Sector continues to witness a deluge of funds. Funds are flowing not only from private equity investors but also from builders seeking a toehold in this market. In between the six months from April 2007 to ... More About: Estate , Real Estate , Industry , Witnesses
Barclays Targets double-digit Share in Indian Retail Sector
2007-12-23 08:47:00 World reckoned banking major, Barclays , have plans to get a double digit market share in the Indian Retail Sector. The banking major has recently invested USD 70-million into India?s retail operations. Despite being a late entrant into the retail segment, Barclays target?s to make a strong mark in the sub-continent. Samir Bhatia, Managing Director-Indian Ocean told ... More About: Double , Share
Hypo Ready for Second Innings in India: Invests Rs 600 cr in Shriram
2007-12-21 11:51:00 Hypo Real Estate Group, the German commercial real estate financing conglomerate is ready for its second innings in India . Hypo Group is planning to invest in Shriram Realty Rs 600 crore. The Bangalore based Shriram Properties will execute the three projects which would be financed by Hypo Group. However management of Sriram Properties has not ... More About: Ready
India Witnesses Massive Growth in Retail Sector
2007-11-17 14:40:00 Retail sector has witnessed an immense growth in the last few years. The key factors responsible for the retail boom have been the change in consumer profile and demographics, increase in the number of international brands available in the India n market, economic implications of the government, increasing urbanization, credit availability, improvement in the infrastructure, increasing ... More About: Retail , Growth , Witnesses
Vornado Plans to Increase Investment in India?s Chatterjee Group
2007-11-16 14:01:00 The third- largest real estate investment trust in the U.S., Vornado Realty Trust, is keen to invest in India n developer Chatterjee Group as economic growth increases construction in Asia’s fourth-biggest economy. In an interview, Vornado President Michael Fascitelli talked about regional investment at the annual convention of the National Association of Real Estate Investment Trusts in ... More About: Plans
Trikona Capital plans to raise Rs,1500 crore Indian Realty Fund
2007-11-15 12:28:00 Ashish Kalra, co-founder and managing director of New York-based real estate investment company Trikona Capital , revealed plans to raise Rs1,500 crore domestic fund. He also said that the fund would be ?by-invitation-only? with ?a minimum ticket size of Rs25 crore.? According to Trikona Capital?s president Mahesh Gandhi, the fund would be deployed in the company?s second ... More About: Indian , Plans , Fund , Realty
Unitech To Come Up With A Knowledge City In Vizag
2007-11-01 11:38:00 Unitech Ltd has entered into an agreement with the Andhra Pradesh government to develop an exclusive Knowledge City on 1,750 acres of land near Vishakapatnam, for which it will pay Rs 3,328 crore over a ten-year period. The deal has been fixed for Rs 52 lakh per acre and is believed to be the largest in ... More About: Unitech , Unit
DIAL Attracts Interests of Hotel Majors
2007-10-29 09:21:00 The proposed project of modernizing Delhi?s airport By Delhi International Airport Private Limited (DIAL) is attracting large interests from leading players in Indian and international real estate and hospitality industry to develop 45 acres of commercial land near the international terminal. The company has so far considered 15 applications, of which, 9 have been short listed ... More About: Hotel , Interests , Majors , Eres , Dial
Mumbai Properties for Just A Few Thousand Rupees
2007-10-29 06:57:00 Here?s something about Mumbai properties which is truly surprising. Many millionaires pay a few thousand rupees annually as lease rent for some of the most expensive Mumbai?s properties they hold. The leases for such properties have been expired long ago but the state government was in no mood to take any initiative to renew. Indeed, the bungalow ... More About: Thousand , Properties , Prop , Pert
Hirco to Invest $198 mn in Mumbai Township
2007-10-26 12:11:00 Indian property developer Hirco put $198.1 million in a 280-acre mixed Township development project in proximity to Mumbai . The Panvel Residential Township, which comprises 18.3 million square feet of planned residential and retail space, is situated near the planned second Mumbai International Airport. The project is very close to Mumbai?s Central Business District. The Township is designed ... More About: Special Economic Zones , Invest
Uppal Housing to Invest Rs 1,500 Cr in Hotel properties
2007-10-26 08:09:00 Delhi based Uppal Housing Private Limited will invest a whopping Rs 1500 crore to develop hotel properties in India over the next 2-3 years. The Group is planning to set up five star hotels in Pune, Hyderabad, Bangalore, Goa, and Chennai and has two five-star hotel properties under development in Gurgaon and Chandigarh. The Group may tie ... More About: Hotel , Invest , Properties , Prop
Airport Project to Hit Castor Areas in AP
2007-10-25 11:43:00 The booming real estate of Hyderabad has brought a bad time for the agriculture sector in the city. The new airport project at Shamshabad has hit the castor crop field in Mahboobnagar, which leads in castor area in Andhra Pradesh. Out of the normal area of 1.42 lakh hectares, castor has been in 1.24 lakh ha ... More About: Airport , Project
Akruti Plans Rs 1,500cr for Pune Realty
2007-10-25 08:58:00 Akruti City (formerly known as Akruti Nirman), a prominent name in Indian real estate is considering expanding its activities in Pune by developing high end buildings to cater to commercial as well as residential requirements, IT Parks, and Special Economic Zones (SEZs). The company has already started the development of a SEZ for IT sector in ... More About: Plans , Realty
Ishaan Picks Stakes Worth Rs 1,082-Crore In K Raheja Projects
2007-10-24 10:42:00 Ishaan Real Estate, the first real estate fund listed in the London Stock Exchange Alternative Investment market (AIM), has acquired 40% stake each which makes a total of Rs 1,082 crore in eight construction projects by K Raheja Corp. The list of these projects are as follows: Inorbit shopping mall in Hyderabad, Inorbit shopping mall and ... More About: Projects , Worth , Wort , Stakes
RBI Asks Govt to ban automatic FDI in Real Estate
2007-10-24 10:34:00 The Reserve Bank of India has asked the government to open the doors for Foreign Direct Investments (FDI) into real estate sector only after the clearance from Foreign Investment Promotion Board (FIPB). Currently, up to 100% FDI is allowed in realty projects on automatic route if it complies with certain conditions like a three year lock ... More About: Estate , Real Estate , Automatic , Real , Govt
KSL to bring ?Empress City? in Nagpur
2007-10-18 12:53:00 KSL and Industries Ltd, is entering into real estate business in India with its flagship project, Empress City ? an integrated township to come over an area of 25 acres in Nagpur City. The company recently participated in two property expo ? ?India Retail Forum (IRF) 2007? organized by Images Group and ?Business Spaces 2007? for ...
La Calypso to Expand across India
2007-10-17 08:50:00 Goa-based La Calypso Hotels Private Limited plans to capitalize its expansion across India with a prohibitive amount of Rs 350 crore. The company will develop seven five star hotels by 2009. La Calypso Hotels will set up hotels in Mumbai, New Delhi, Gurgaon, Bangalore, and Hyderabad. The company will soon come up with a resort on ... More About: Acro
ICICI Plans $2 Billion for Biggest Indian Real Estate Fund
2007-10-17 08:29:00 ICICI Venture Funds Management Co Ltd, India?s largest venture capital company, is planning to invest a whopping $2 billion for the country?s biggest realty fund, thereby tapping the potential of a burgeoning market. The fund will raise the money in India and abroad. The venture will invest in real estate projects, both commercial and residential, and ... More About: Estate , Real Estate , Indian , Plans , Real
Nitesh Estate Bags Church Property Deal in Chennai
2007-10-16 08:46:00 Nitesh Estate s, the real estate arm of Bangalore-based Nitesh Group, has bagged a church property in the heart of Chennai . The deal gives the company an access to a nine-acre plot just off the city’s posh location – Boat Club area. The deal has been finalized in Rs 642 crore excluding the registration. The transaction is one of the costliest deal taken place in South India. It is believed to be the fifth biggest land deal in India after Adani’s Rs 2,250 crore Pact with HDIL, DLF’s Rs 1,675-crore acquisition of DCM Shriram property in Delhi, Unitech’s Rs 1,586-crore purchase in Noida and DLF’s Rs 702-crore acquisition of National Textile Mills’ land in Mumbai. There were a number of big realty players eyeing the Church property in Chennai. The list includes Sobha Developers and RMZ. Unitech joined hands with Arihant for the bid. Nitesh Estates is planning to come up with a 1 million sq ft of mixed use construction on the property. The company is in the midst of an exp... More About: Property , Bags
Red Fort Cap to invest $425 mn in Indian properties
2007-10-16 08:02:00 Red Fort Capital, a private equity firm, will invest $425 million in Indian property market. The company has entered into a joint agreement with the Prestige Group to develop a residential project in Bangalore. Of total investment, the firm will invest $255 million in five projects including the destinations like Chennai, Bangalore and Hyderabad, says Parry Singh, Managing Director, Red Fort India Real Estate Fund. In addition to these realty projects, Red Fort Capital (RFC) has also tied up with the Prestige Group for a $250 million Township project in Bangalore. The initial investment will be of around $180 million, where RFC will invest around $80 million and the remaining amount will be borne by the developer. However, RFC has not yet decided about the final investment. The proposed Township will have 1,000 units of low cost mass housing for Rs 1,100 per sq ft to be spread over 25 acre of land. The Township will cater to the requirements of both commercial and residential sector... More About: Invest , Properties , Prop
Ansals to Start Sales Office in NY
2007-10-15 09:30:00 Delhi based Ansa l Housing, is coming up with a sales office in New York for Indian Americans who are interested to make investments in India?s burgeoning real estate sector. Property boom is not just restricted to Indian metros. It has shown its potential in tier-II and Tier-III cities as well. This is attracting more and more ... More About: Office , Sales , Start
Indian Builders Being Bullish on Foreign Tie-Ups
2007-10-15 09:12:00 Indian builders are looking forward to foreign destinations for expansion. DLF, in a notice to stock exchanges, averred to consider international acquisitions and investments in real estate projects abroad. Let?s take a look at the plans of other Indian property developers. Recently, Ansals API has entered into a joint venture with Malaysia?s UEM Group. The venture ... More About: Indian , Builders , Foreign , Bullish , Builder
DLF to raise Rs 5,850 cr debt
2007-10-12 12:26:00 Indian real estate giant DLF will raise $1.5 billion of debt abroad. Around $750 million will be used as proceedings to capitalize the company?s expansion, both abroad and in India. The balance will be used to pick up a stake in DLF Assets? proposed IPO on the Singapore stock exchange. It will list as a real estate ... More About: Debt
Indian Builders Bullish on Service Apartment Business
2007-10-01 11:13:00 International and Indian real estate players have lined up to make money on the back of growing demand for temporary residential units in cities such as Bangalore, Chennai, Pune and Kolkata. Indian realtors and their peers from Japan and Thailand are targeting young IT/ITes professionals in these growing cities. There are a number of domestic real ... More About: Business , Service , Builders , Bullish
Wachovia to Join Hands with Vatika Group
2007-10-01 09:04:00 Private equity player Wachovia Corporation is in talks with Gurgaon based Vatika Group for a project involving an investment of Rs 500 crore. The amount will be invested into a project floated by Vatika Group and not in the holding company. Vatika is also in talks with Goldman Sachs, the world’s largest global investment banks for ... More About: Join , Hands
Hyderabad To See Exclusive Developments
2007-10-01 06:39:00 The Andhra Pradesh government has taken a number of steps to transform Hyderabad into a model city. The newest add-on to the development is a flyover at Nalgonda Cross Road. The government has already initiated the project involving an investment of Rs 27,000 crore for development of metro rail, flyovers, roads, and drainage system. The government is ... More About: Exclusive
Govt. to Bring a Regulator for Delhi Property Market
More articles from this author:2007-09-28 09:17:00 Stepping up the efforts to bring greater transparency in Delhi real estate, the Union Government is considering setting a regulator to address builder-consumer complaints in the Capital. The plans will be reinforced and executed within six months, says Mr. Jaipal Reddy, the Union Development Minister. The regulator will be a quasi-judicial authority to be headed by ... More About: Market , Property , Govt , Prop 1, 2, 3, 4, 5, 6, 7 |
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