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Indian Realty News

Indian Realty News
Indian 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
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Articles

DLF Secures Fourth Position in World?s Realty
2007-09-28 08:16:00
Indian real estate giant, DLF, has secured the fourth position for itself amongst the world?s largest realty players. The rank has been given on the basis of market capitalization. DLF?s market cap is Rs 1, 28,563 crore. Also, the company has recently listed on bourses raising $2.4 billion of funds. Having appeared in the list in ...
More About: World , Realty , Position
Indian Realty to Grow by 33% by 2010
2007-09-28 07:19:00
The real estate market in India is expected to grow at 33 percent between 2005 and 2010, and increase its worth from $12 billion to $50 billion. Indian property market is likely to grow at 33% between by 2010. There is a significant increase in its market size from $12 billion to $50 billion. Total housing ...
More About: Grow , Realty
Mumbai CBD to add considerable space
2007-09-21 09:00:00
The Mumbai Metropolitan Region Development Authority (MMRDA) is all set to double the Floor Space Index (FSI) for commercial properties in Mumbai?s Central Business District (CBD) of Bandra Kurla Complex (BKC). The MMRDA has ruled out the objections raised by some environmental groups and corporates over its proposal, and intends to raise the FSI to 4 ...
More About: Consider
Commercial rentals on top, due for correction
2007-09-21 08:10:00
After being the subject of incessant rally for the past few years, the commercial rentals in nearly all the major cities of India have touched the rooftop, says the recent report from international real estate advisory firm DTZ. The absorption levels of commercial properties in India are steeping down due in most commercial hubs of these ...
More About: Commercial , Rentals , Rect
Blackstone to Join Hands with Nagarjuna for Realty Projects
2007-09-20 13:08:00
The Blackstone group, a leading global alternative asset manager and provider of financial services, is planning to foray into Indian real estate with Nagarjuna Construction Company (NCC). Currently, NCC is working on a 13 million sq ft real estate project while Blackstone may invest $1 billion in Indian realty over the next few years. Both the companies ...
More About: Projects , Join , Hands
Walton Street Bullish on Indian Retail
2007-09-20 10:45:00
US-based property fund Walton Street Capital is eager to make investments in Indian retail sector, one of the fast flourishing real estate segments in the country. The fund is also looking forward to Indian hospitality industry.  It has already committed a whopping investment of $3.5 billion in around 150 separate transitions in the US and other ...
More About: Retail , Bullish
An Analysis of Factors Affecting Indian Realty
2007-09-20 08:34:00
K.P Singh, the Chairman of India?s largest real estate company DLF Ltd. sheds light on factors affecting the pace of Indian real estate. According to him, it?s stringent monetary policies and subsequent high mortgage rates. Prices of residential property in India would only begin to fall in a fast flourishing economy with an increase in supply, ...
More About: Analysis , Actor , Realty , Anal
How Govt. Should Plan ?Housing For Urban Poor?
2007-09-14 11:17:00
The government is thinking hard about the ways to accommodate urban poor, a goal which can bring a round of applause for politicians. Urban housing is struck in between the outdated policies and bureaucracy. Considering housing for poor a prime responsibility, the government has largely focused its attention towards development of large number of houses and ...
More About: Housing , Poor , Plan , Govt
AP Govt. Says ?NO? to Property Tax Hike
2007-09-14 09:04:00
Andhra Pradesh Chief Minister Y S Rajasekhara Reddy turned down the proposal of bringing a further hike in property tax to increase the revenue of local bodies. The minister has also expressed his displeasure over the manner in which the municipalities and municipal corporations raised the property tax even after the dissent of the state government ...
More About: Property , Hike , Govt , Prop , Pert
AP to Develop Hyderabad-Vijayawada-Vizag industrial corridor
2007-09-14 08:21:00
The Andhra Pradesh Government is considering developing Hyderabad -Vijaywada?Visakhapatnam Growth Corridor (HVVGC) to boost industrial growth in Hyderabad, Nalgonda, East Godavari, Vizag, Krishna, and Ranga Reddy. The proposed project will also include three other districts ? Guntur, Kammam, and Warangal. The state government has identified six area specific industrial centers stretching over 10,000 hectares to garner investments ...
More About: Industrial , Develop , Vijaya
India Real Estate Hits New High
2007-09-12 11:13:00
Indian real estate is making rapid strides on the back of country?s surging economy. The growing developments are also giving a boost to the Indian job market which has certainly been poised for greater dynamism after a high proliferation of IT companies. According to a quarterly survey conducted by Manpower Inc., a global HR consultancy firm, ...
More About: India , Estate , Real Estate , Real , High
Factors Pushing the Growth of Indian Realty
2007-09-12 09:16:00
Increasing interest rates on home loans, oversupply in development phase, and implementation of the project are some temporary dampeners for domestic property market which are further fuelled by strong fundamentals. According to Prabhudas Lilladhar, a leading equity broking house in India, there are long-term drivers too which include good GDP growth, increasing affordability, conducive demographics, rapid ...
More About: Indian , Growth , Grow , Actor , Realty
Uppal Housing to invest Rs 1,500 Cr in Expansion
2007-09-12 08:13:00
Uppal Housing Ltd, a reputed organization in Delhi real estate market, has recently announced to invest a whopping Rs 1,500 crore by March to broaden its horizons outside the Capital and its suburbs. The company is also pondering upon a share sale in future. Uppal plans to expand its property development business into Mumbai, Pune, Hyderabad ...
More About: Invest , Expansion
It is all about ?Luxe Living? buddy!
2007-08-20 11:22:00
Delhi, the Capital City is better known for its business environment, shopping bazaars and stand alone houses. While the preference of other metros are standing vertical, the denizens of Delhi seem to satiate themselves with either duplex or stand alone houses. However, the living trend is somewhat different in cities like Mumbai where living in ...
More About: Living , Buddy
A Glimpse at Realty Projects by Big Realty Players
2007-08-20 09:30:00
Starting with the glazing cyber city of Gurgaon, the real estate projects can always be seen in their prime here. K. Raheja?s Initiative Richs who are looking for the right living space will soon have some attractive options from Raheja Developers. The company has launched a new residential project in Sector 108, Gurgaon. The project is believed ...
More About: Projects , Players , Realty , Layer , Glimpse
Rajasthan Govt. To Introduce Online Realty Deeds
2007-08-20 08:22:00
Rajasthan Government has brought a new buzzword ?Demat? for Indian Real Estate. In an effort to bring greater transparency in the sector, the government has started a process in support with an NGO on urban governance Janaagraha, to dematerialize the sale deeds before linking to local municipal bodies. Once dematerialized, all realty deeds will reflect the ...
More About: Rajasthan , Online , Realty , Govt , Deeds
Agriculture Sector Leads Homeownership, Says New Survey
2007-08-16 13:08:00
ACCORDING to the data released by the study ?Invest India Incomes and Savings Survey 2007?, homeownership in India is the highest among the people engaged in the agriculture sector. Of total homeownership in India, farmers and other agricultural workers make for 37.94%. The farmers with marketable surplus grab the top position among homeowners in India and ...
More About: Leads , Agriculture , Lead , Owners
Archaic Land Laws Responsible For Current Realty Process
2007-08-16 11:40:00
There is no dearth of good apartments in Mumbai but if it is about scouting good flats at cheap rates, then there is a doubt. Close by heels of Mumbai, there are other cities witnessing frentic real estate development activities but their property rates are going through the roof. The only reason for the lack of ...
More About: Laws , Current , Land , Process , Realty
DLF Wins Land Bid For Durgapur Township
2007-08-16 10:30:00
Indian real estate giant DLF is all set to develop a new township at Durgapur City Centre in West Bengal. The project will come over an area of 95 acres. DLF paid the highest amount among the others bidding for the land reserve which the company has purchased at the rate of 35 lakh per acre, ...
More About: Land , Wins , Towns
Era Parks Rs 6000mn In Meerut Real Estate Projects
2007-08-16 09:23:00
Era Landmarks (India) Limited (ELIL), a part of the renowned Era Group has commenced Rs 6000 million realty projects in Meerut. The whopping investment is used in the development of two integrated Townships, an exclusive shopping mall, and a multiplex. The residential project in Meerut will include two townships ? Era Aspen Garden and Era Gardenia ...
More About: Projects , Estate , Real Estate , Real , Parks
Dwarka Real Estate Sees Big Time Growth
2007-08-09 11:24:00
Dwarka has certainly undergone a paradigm shift in the past couple of years with frentic real estate developments in city. With high rise apartments and planned townships, the city is witnessing a new trend in lifestyle living. Besides apartments, the concept of integrated township is also ushering in Dwarka with many prominent players busy developing ...
More About: Estate , Real Estate , Time , Delhi , Growth
Hypercity To Set Up 68 Stores In India
2007-08-09 09:24:00
Mumbai based real estate developer K. Raheja plans to invest a whopping Rs 1500 crore for development of 68 hypermarket stores to come under the ambit of Hyper city. A part of investment will also be used for setting up 250 convenient stores named Expresscity across the country in 5 years. The group will bet on big ...
More About: India , Stores
Ascendas Plans IT Parks In Pune and Nagpur
2007-08-09 08:14:00
Ascendas, one of Asia’s largest developers of business properties, said it will clinch deals with government agencies to develop two major IT parks in the state of Maharashtra. One of its joint venture will be with the Maharashtra Industrial Development Corporation (MIDC) for the Business Park in Pune and another with the Maharashtra Airport Development Company ...
More About: Plans , Nagpur , Parks , Ascend
A View On Mall Development In India
2007-08-09 07:50:00
Retail and real estate compliment each other. The current growth trends in India n retail market present large prospects in the retail real estate segment. Indian retail enjoys the status of representing one of the 10 largest retail markets in the world. If the progress forecasted for retail sector in India keeps moving like this, then, by ...
More About: Development , View , Mall , Develop
Delhi Govt. to Introduce Title Registration Scheme
2007-08-08 11:36:00
Delhi Government will soon bring a Title Registration Scheme to help property owners to receive titles and become undisputed owners of their plots. With Lt Governor Tejandra Khanna approving the scheme on Tuesday, the government will soon advertise for expressions of interest from law firms to draw up the legislation for Delhi. Municipal Commissioners from the cities ...
More About: Delhi , Govt , Chem
Costly Indian Cities Still Cheapest For Expats
2007-08-08 10:10:00
Needless to say, the rates of essential goods are going through the roof. Although this has certainly made life of people costlier but Indian cities still offer cheapest cost of living for expatriates, as per the data showcased by a recent survey. Metros in India including Delhi, Mumbai, Kolkata, Hyderabad, Pune, and Bangalore have moved one ...
More About: Cities , Expat
Real Estate IPOs Tend To Double Every Year, Forecasts JP Morgan
2007-08-08 08:26:00
Considering the strong activity in the Indian listing market, there are the predictions regarding IPOs of real estate companies to go double every year. Whether talk of Singapore Stock Exchange or London Stock Exchange?s AIM, investors are always in a look out for promising projects and income producing assets. There would be four real estate investment ...
More About: Estate , Real Estate , Double , Tend , Morgan
Indian Real Estate Sets To Reach Rs 200,000 Cr By 2010
2007-08-08 08:13:00
Indian real estate is likely to grow three times over the next three years. The market size may reach the mark of Rs 200,000 crore from the current Rs 60,000 crore, the real estate industry connoisseurs. With a high proliferation of IT and pharma companies in India, the real estate sector especially commercial property market has ...
More About: Estate , Real Estate , Indian , Sets , Real
GTM Launches Rs 60-Cr Corporate And Institutional Hub In Jaipur
2007-08-07 08:37:00
Delhi-based GTM Group is expanding in Jaipur in a big way. GTM Builders and Promoters Pvt Ltd, a part of the group, on Sunday launched its Rs 60-crores GTM Corporate and Institutional Hub project in Jaipur. The project located on Tonk Road is being developed for commercial as well as institutional purposes. ?It is a unique concept, ...
More About: Rate
Builders to Give Performance Guarantee
2007-08-06 10:24:00
Paving the way for greater transparency in Indian real estate, the Urban Development Ministry is bringing stringent rules into the sector. According to the newest, builders will now be required to give a performance guarantee based on the project value. The Ministry has placed the proposal in the Real Estate Regulatory Management Bill to regulate builders ...
More About: Performance , Builders , Give , Builder , Perform
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