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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
REBI to Start Operations in Rajasthan
2007-08-06 08:44:00 Bangalore based Real Estate Bank looks forward to expand its operations in the Desert State Rajasthan to provide information on real estate transactions. President and CEO of the company Lakshmi Narayanan told the REBI offers exclusive brokerage services, financial services, database services, and Relocation services. He adds the company has been the leader in offering all the ... More About: Start , Operation
Real Estate Cos Focus on Developing Staff Skills
2007-08-05 08:35:00 The growing demand for professionalism has given a push to competitiveness in real estate sector. Encouraged by the same, major real estate companies are considering to introduce advanced in-house training programmes for their employees. These companies have invited industry experts to provide training and teach managerial skills to the employees which will now be a critical ... More About: Estate , Real Estate , Real , Focus , Skills
Bangalore Has the Most Expensive Hotel Rooms
2007-07-31 10:43:00 Exorbitant hotel room rates in Bangalore have forced leisure as well as business travelers to break their bank. No branded hotel in Bangalore is charging less than $350-500 for a night stay. With the prevailing scenario, the city becomes one of the most expensive places in the world for those looking for a hotel room. Supply ... More About: Hotel , Most Expensive , Galore , Hotel rooms
Govt. Allows Foreign VCFs, PE Funds to Invest in Indian Realty
2007-07-31 09:02:00 Foreign investors have once again lined up to bring big money into booming Indian property market, with the government relaxing the norms. Major players including the Citigroup, Deutsche Bank, -The Carlyle Group and Blackstone, among others have finalized half a dozen deals worth $1 billion. All the niggling doubts related to investments by foreign institutional investors ... More About: Foreign , Invest , Funds , Fore
Wadia Gets Into Property Development
2007-07-31 07:43:00 The Wadias have finally decided to go for mega ventures in real estate development. The Group owns large chunks of land in different parts of Mumbai , and is now considering building a 36 storey skyscraper which boasts of featuring exclusive luxury apartments. The proposed project will be developed in a joint collaboration with a global architect. ... More About: Property , Development , Develop , Prop
More Affordable Housing in Haryana
2007-07-30 11:01:00 Haryana Housing Board has prepared a plan to develop economical flats in the NCR cities of Haryana. The move will made residential properties in Gurgaon and its adjoining areas more affordable. The Board will buy its own land. These flats will be built across the state, says SP Gupta, Chief Administrator, Housing Board. According to the drafted ... More About: Haryana , Affordable housing
Annual Mixed Land Use Charges May Push Property Prices
2007-07-30 10:37:00 THE Government?s decision to raise land use conversion charges may push property prices further. It is done to generate additional resources from land to fund construction of houses for poor. The current conversion rates are not enough to represent the fair market value. States would follow the Delhi?s model of levying development charge on mixed land ... More About: Property , Land , Mixed , Char , Annual
Parsvnath to Invest $4 bn to Develop Over 100 Projects
2007-07-30 08:57:00 Parsvnath Develop ers, a prominent name in Indian real estate, plans to invest over $4 billion over the next 5 years. The company will translate its large land bank across India into more than 100 real estate projects. Parsvnath?s current land bank constitutes a saleable area of over 153 million sq ft. and the company holds projects ... More About: Projects , Invest
Buyers Surrender to Concept of Second Homes
2007-07-29 08:38:00 Owing a second home in a place far away from the maddening crowd is no more restricted to wealthy people. With the changing scenario, the middle and upper middle level management can also buy such homes as feasible getaway investments. The new entrepreneurial class is primarily responsible for this major change in mindset. Nowadays, second homes ... More About: Homes , Buyers , Concept , Ender , Econ
Ludhiana Makes Strides in Realty
2007-07-28 07:30:00 Hit by the mall culture, Ludhiana is soon to pave ways for lifestyle clubs and exclusive five star hotels. Retail and the hospitality sector in Ludhiana will boom on the back of IT companies and the opening up of the Wagah border for trade. The fast flourishing real estate in Ludhiana is witnessing almost 100% growth ... More About: Realty
What Knight Frank Report says about NCR Residential Market?
2007-07-27 13:27:00 Despite the soaring interest rate on home loans, there is no decline in the demand of residential properties. Increasing urbanization, rising per capita income, growth in trend of nuclear families are some of the leading factors fuelling the housing prospects across the country. The scenario led a multitude of real estate developers to announce their projects ... More About: Residential , Market , Report , Knight , Frank
No Hectic Land Acquisition Procedures in Gujarat
2007-07-27 13:25:00 Now onwards, industrialists and real estate developers in Gujarat will not require bribing or running after the district collectors to get 11 different no-objection certificates (NOCs) to acquire the non-agricultural (NA) permission, documents necessary to buy land for non agriculture purpose. It would now be a responsibility of district collectors to confine their activities to see ... More About: Land , Acquisition , Hectic
Trikona Cap Takes 33% Stake in Uppal?s 67.5-acre Haryana SEZ
2007-07-27 09:11:00 Real estate fund Trikona Capital has acquired 33% stake in real estate company Uppal?s Group?s Haryana SEZ for around $50 million. SEZ is owned by a special purpose vehicle (SPV), in which the remaining stake has been acquired by Uppal?s Group. The proposed SEZ has got the approval from Board of Approvals (BoA) and will come up ... More About: Special Economic Zones
IVR Prime IPO to Raise Over Rs 849 Cr
2007-07-27 08:19:00 Initial Public Offer (IPO) of the real estate developer IVR Prim e has been subscribed 2.16 times on Thursday and is likely to raise over Rs 849 crore. Fixed at the price band of Rs 510-600 per share, the issue has received bids for 3.05 crore equity shares against 1.45 crore on offer, says the data showcased ... More About: Rime
DLF to Develop Rs 850 Cr IT SEZ in Gujarat
2007-07-27 07:52:00 Real estate giant DLF has recently announced to develop a Rs 850 crore SEZ in Gujarat . The project will come up over 25 acres at Gandhinagar opposite Infocity. The company has also unveiled its plans to carry out several other projects in the Gujarat and to put the state among the group?s top 5 investment destinations ... More About: Special Economic Zones , Develop
Real Estate Firm REBI to Get Bigger
2007-07-16 11:13:00 Bangalore based Real Estate Bank International (REBI), is planning its expansion both at domestic as well as international level with an investment of Rs 250 million. REBI already enjoys a strong presence in Karnataka, Kerala, and Tamil Nadu and would take up the route to countries like Sri Lanka, US, UAE, Singapore, Malaysia, and Australia. The company ... More About: Real Estate , Bangalore , Stat
Emaar to Establish 100% India Subsidiary
2007-07-16 10:58:00 Emaar, the Dubai based Real Estate Company, is planning to set a 100% subsidiary in India as it already occupies an equal joint venture with Delhi based realty company MGF. The new venture will be executed through Hamptons International, one of the UK?s premier international residential agents Emaar acquired in 2006 for $500 million. Emmar has ... More About: Subs
DLF, Parsvnath the sole bidder for MCD Civic Center
2007-07-16 10:33:00 DLF and Parsvnath Developers are the sole financial bidders for New Delhi?s skyscraper, the proposed civic centre of Municipal Corporation of Delhi (MCD). According to sources, DLF has raised higher bid than its competitor Parsvnath. However, the project has not yet landed in any of the Real Estate Developers lap. The decision will be based on ... More About: Center , Civic , Sole
Branded Realtors Explore Foray into Indian Realty
2007-07-13 09:18:00 Earlier, it was global real estate consultancies to have made a beeline for India. Close by heels are the brand real estate agents. The example has already been set by the renowned LJ Hooker by setting its office in Bangalore. Next to follow are Australia based Ray White and US based Century 21 and Remax who ... More About: Realtors , Indian , Explore , Realty
Shriram Properties to Raise Rs 900 cr via IPO
2007-07-13 08:47:00 Shriram Prop erties Limited, part of the US $4.2 billion Shriram Group, is considering to raise Rs 900 crore through an initial pubic offering (IPO) in 2007. The company may take the private equity route to make an investment of Rs 350 crore. It is also holding talks with global PE Players such as Blackstone, Sun Apollo ... More About: Pert , Rope
DLF Market Cap Crosses Rs 1 tn
2007-07-13 08:23:00 Real estate bourses rallied on Wednesday even as the market value of DLF Ltd, India?s the most known real estate firm crossed Rs 1 trillion mark. The company has kept its fingers crossed regarding the Central Bank not to increase interest rates at a credit review. DLF listed itself on the bourses on July 5. Since ... More About: Market , Crosse , Ross , Crosses
Commercial Rentals in Delhi Likely to Go Up
2007-07-12 08:16:00 Rents in Central and Suburban business districts (CBD & SBD) like Connaught Place and Nehru Place are going through the roof. Contrary to this, satellite towns such as Noida, Gurgaon, and Faridabad are witnessing a downslide in their commercial rentals. A shift in the trend can be an outcome of two factors ? a) Over supply ... More About: Commercial , Delhi , Rentals , Rent , Comm
Oberoi Plans Expansion, forays into Exclusive Hotel projects
2007-07-12 07:34:00 The Oberoi Group, one of India’s leading hotel chains, announces its plans to invest a whopping amount over Rs 900 crore in the next few years to develop three properties in India. The Group will also stay in step with its management contracts abroad including Dubai, Abu Dhabi, Cambodia, and Maldives. ?Some of our real estate ... More About: Projects , Exclusive , Hotel , Plans , Plan
Developers Propose Self Regulatory Body for Indian Realty
2007-07-12 07:04:00 The National Real Estate Develop ment Council (NAREDCO) has proposed setting up a self regulatory real estate authority to avoid interference of government. There are plans being drawn for its formation. The authority is believed to function at four levels ? centre, state, district, and town, informs R.R Singh, Director General of the council. It will also ... More About: Body , Indian , Developers , Regulatory
Real Estate Agents Form New Organization
2007-06-26 09:30:00 Real estate agents in India are largely coming forward to form a national association in an effort to bring international expertise and quality services to organize the fragmented sector. The move will also help the agents to self regulate their business. The association will be known as the National Association of Realtors India (NARI). It would ... More About: Estate , Real Estate , Organization , Agents , Real
Real estate Boom Shifting to Tier II & Tier III cities
2007-06-26 08:30:00 After making a mark in glimmering cities such as Delhi and Mumbai, the real estate has shifted its gears towards smaller cities which are fast emerging as good investment destinations. Although, these cities are at the threshold of real estate boom, they have been successful in attracting large interests of prospective investors. Some upcoming cities that ... More About: Estate , Real Estate , Cities , Real , Boom
17mn sq ft of Commercial Space Makes way for Bangalore
2007-06-26 07:44:00 Commercial property in Bangalore is zooming away in the wake of high growth, with supply likely to cross a mark of 17.4 million sq ft. It will include three million sq ft. supply spillover from 2006. Of the total supply of office space earmarked for the year 2007, around 14.1 million sq ft. of space is ... More About: Space , Commercial , Comm , Merc
Extended Suburbs in Mumbai bring new Prospects for Developers
More articles from this author:2007-06-26 06:41:00 Property developers in Mumbai are now eyeing ?extended suburbs? for acquiring land to develop residential property and establishing exclusive cum affordable apartments. Around 5 lakh acres of developable land is largely available for which the flat prices hover between 1,000 sq ft. to 2,000 sq ft. Extended suburbs have come up as excellent alternative to high ... More About: Developers , Develop , Prospect 1, 2, 3, 4, 5, 6, 7 |
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