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Indian Real EstateIndian Real EstateIndian 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
A New Reality For Realty Mutual Funds
2008-04-28 07:57:00 At last, the decks have been cleared for the launch of Real Estate Mutual Funds (REMFs) in India, with the Securities and Exchange Board of India (SEBI) notifying amended regulations for such products last week. For mutual fund investors, this may mean a welcome relief from the stream of new equity fund offerings, playing on ... More About: Reality , Realty
Madurai Real Estate Hots up
2008-04-28 06:26:00 Famous for its temples, Madurai has always been on tourists? radar and gets a steady flow of visitors round the year. But that?s not the only claim to fame for the second largest city in Tamil Nadu. The IT boom has touched this temple town too, with Honeywell?s Research Lab (tied to the Thiagarajar Engineering ... More About: Estate , Real Estate , Chennai , Real , Hots
60 Acres may be freed up for Real Estate Development in Bandra
2008-04-26 08:23:00 With Mumbai grappling for additional land for expansion, the city?s western suburb Bandra could see availability of close to 60 acres of real estate for development. The residents of the Maharashtra government?s employee staff quarters have suggested that government redevelop the colony spread across 96 acres. The residents association has suggested the government to ... More About: Estate , Real Estate , Development , Real
Mahindra?s Jaipur SEZ to become partly operational from July
2008-04-26 05:13:00 The Special Economic Zone being developed by Mahindra ’s at Jaipur will become partly operational in July with first group of clients moving in, a top official said on Friday. Mahindra Lifespace Developers, the real estate and infrastructure development arm of the USD 6 billion Mahindra group, has also started buying land at Karla, near Pune, ... More About: Special Economic Zones
Double Whammy for High-End Luxury Realty Market
2008-04-25 08:44:00 THE high-end luxury real estate market is facing a double whammy. The demand from domestic buyers has already dried down and now even non-resident Indians (NRIs), who constituted a significant market for luxury real estate developers, are developing cold feet. ?With the US property market witnessing a correction due to subprime crisis, the NRIs are ... More About: Luxury , Market , Double , High , Realty
23 big firms eye Thatipur realty project in Gwalior
2008-04-25 07:55:00 As many as 23 big real estate firms are eyeing the Thatipur project in Gwalior, Madhya Pradesh. Reliance, DLF, Parsvnath and Gammon are in the fray to bid for the mega project, of which the bid submission will end on May 7. The MP government has not set a reserve price for the project. The ... More About: Project , Realty , Firms
Commercial Development of Vacant Railway Land
2008-04-25 04:32:00 The Ministry of Railways have set up Rail Land Development Authority (RLDA) by an amendment to Railways Act, 1989 (Amendment No. 47 of 2005) for commercial development of vacant railway land for generating revenue. So far 115 sites, covering a total area of 1139 hectares (approx) have been entrusted to the Authority for commercial development ... More About: Commercial , Vacant
Realty Bites Tech Hubs in Bangalore, Chennai
2008-04-24 09:14:00 The stock of unoccupied properties with real estate developers in the main technology hubs of Bangalore and Chennai is mounting and indications are that their problems will only get worse as software companies head towards greener pastures. In Bangalore?s Whitefield suburb, once a magnet for IT firms, supply outstripped absorption by 300,000 sq ft in 2007 ... More About: Tech , Realty
Sub-Prime Shadow on Indian Realty
2008-04-24 09:10:00 The turmoil in the global financial markets has cast its shadow on India?s largest real estate deal. Delhi-based developer BPTP Ltd, which was banking on overseas institutions to fund the acquisition of 94 acres of prime land at Noida for Rs 5,006 crore, has sought an extension to pay the first installment of the money. On ... More About: Indian , Shadow , Prime , Realty
Indian Real Estate targeting Canadian NRIs
2008-04-24 09:04:00 Real estate developers and agents in India are now offering more solution to market properties to Non-Resident Indian s (NRIs) and international real estate investors. Their focus now is geared to target the burgeoning and lucrative market of prospective Canadian buyers. The latest report by ‘Statistics Canada’ says that South Asians have now surpassed the Chinese as ... More About: Estate , Real Estate , Real
Indian Restaurants Expanding Overseas
2008-04-24 09:00:00 If realty bites, Indian restaurant owners seem to be biting off more than they can chew offshore. Skyrocketing real estate prices in India are forcing homegrown restaurateurs to take wing abroad with investments in the UK, the US, Dubai and the Far East. And this is no curry-in-a-hurry when veteran restaurateur Anjan Chatterjee is livid ... More About: Restaurants , Overseas
ICICI to tie up with British Realty Firm
2008-04-24 08:58:00 UK’s real estate firm Dandara is likely to tie-up with ICICI Bank to woo high networth individuals in India for investing in UK’s real estate market. The £200 million UK-based company is in talks with the largest private sector bank of India to endorse Dandara’s properties and market them to ICICI customers. “The due diligence process is ... More About: British , Realty
Multiplexes & Malls opening up at Chandigarh
2008-04-24 08:56:00 Starved of multiplexes and malls, residents of the tricity can now look forward to at least three such complexes in the next couple of months and double the number by the end of the year. City Beautiful, which currently has just one multiplex to boast of, will get a second this week. DLF?s DT Cinemas will ... More About: Chandigarh , Opening , Malls
Realty Deals Bring Rs 23,000 cr during January-March
2008-04-23 08:17:00 Slowdown in the real estate market notwithstanding, land deals in India are thriving. According to a recent study, the total value of such deals, in the first three months of 2008, have touched around Rs 23,000 crore, while another Rs 10,000-crore worth deals are in the pipeline. A study by top brokerage JP Morgan shows that ... More About: January , March , Realty
Royal Group,GTC in Race to Buy 26% in Raheja Group?s Engineering SEZ
2008-04-22 08:52:00 Royal Group of UAE and Netherlands-based GTC Real Estate are in the race to acquire 26% stake in the Delhi-based Raheja group?s engineering SEZ in Gurgaon for Rs 500 crore. It has been learnt that the Raheja group may ink the deal with either of the two groups in the next few weeks. Raheja Developers MD ... More About: Engineering , Race , Royal
No Room for Slow Down in the Hospitality Industry
2008-04-22 08:50:00 Forget slowdown jitters and dollar decline, Indian hospitality industry registered strong growth in 2007-08. Though hotel occupancies in Bangalore, Hyderabad and Pune dipped marginally owing to over capacity, average room rates (ARRs) for branded hotels across star categories continue to witness robust growth in most cities. As per hotel consultancy HVS Hospitality Services, Delhi and Mumbai ... More About: Industry , Room , Slow , Hospitality Industry
Delhi NCR Rents may Stabilize Next Quarter: Report
2008-04-22 08:39:00 Rentals in the National Capital region are expected to stabilize in the next quarter as supply is set to increase Gurgaon and Noida, says a report. According to commercial real estate services firm CB Richard Ellis, rentals are expected to be stable in the next quarter as the supply is set to increase significantly in Gurgaon ... More About: Delhi , Report , Quarter
Berkeley Group Forays into Real Estate Business
2008-04-22 08:35:00 Chandigarh based Berkeley Group on Monday announced to foray into real estate business with the launch of its new company Berkeley Real tech Limited which will provide commercial, retail and industrial space on rental basis to corporate and further said that it was aiming for Rs. 300 crore of business in the first year of its ... More About: Business , Estate , Real Estate
Marriott Signs New Hotel in Bangalore
2008-04-22 08:28:00 Marriott has signed a management contract with Prestige Estates Projects Private Limited, for a 300-room golf resort, spa, and convention center in Bangalore , India. When opened in 2012, the Bangalore Marriott Golf Resort & Convention Center at Nandi Hills will be Marriott?s fifth property in Bangalore and 30th in India. The Bangalore Marriott Golf Resort & ... More About: Hotel , Signs , Marriott
M&M, ARCH Capital Asian in JV to Develop Residential Complex
2008-04-22 08:24:00 Mahindra Residential Develop ers, a subsidiary of Mahindra Lifespace Developers, and ARCH Capital Asian Partners, a private equity real estate fund, have entered into joint venture agreement for residential development. The venture will undertake development of a gated residential community together with support, retail and recreational facilities on 55 acres within Mahindra Lifespaces’ special economic zone at ... More About: Complex
Trident Unveils India Plans, Launches First Lifestyle Store
2008-04-22 08:18:00 Trident Group unveiled its designs for the India n retail market, with the launch of its first lifestyle store in Chandigarh. The $375-million Trident Group announced plans to open 30 retail stores within one year and set up a chain of 300 lifestyle stores within three years. Trident Homescapes will sell the company?s towel brands and later ... More About: Lifestyle , Store , Plans
Residential Enclaves on the Lines of SEZs Proposed To Beat Slowdown
2008-04-22 08:11:00 After special economic zones (SEZ), it?s now the turn of special residential zones (SRZ). The government is considering a proposal from real estate developers to set up SRZs outside the main cities. These SRZs are also proposed to be given tax benefits on the lines of SEZs. Developers say SRZs would help them build and ... More About: Residential , Special Economic Zones , Beat , Lines
Mahindra Lifespace to Invest Rs 1000 cr in 4 Projects
2008-04-21 08:45:00 Diversified conglomerate Mahindra & Mahindra’s real estate arm Mahindra Lifespace Developers will invest Rs 1,000 crore in four residential projects in different parts of the country over the next three years. “We have plans for developing four housing projects, two each in the national capital region and Maharashtra. We will be investing about Rs 1,000 crore ... More About: Projects , Invest
M&S Expands in India, with Plans for 50 New Stores
2008-04-21 08:42:00 Marks & Spencer, the quinte0073sentially British high-street retailer, is piling into India as it looks to take advantage of the country’s burgeoning middle class and boost revenues from overseas sales. M&S is to invest almost £15m in a joint venture with local group Reliance Retail, to help establish M&S as a “major retail brand in ... More About: Plans , Stores
US Housing Crisis Melts Indian Realty Valuations
2008-04-19 08:49:00 The sub prime crisis may have struck in the US, but real estate companies around the world are feeling the heat. The meltdown in property firms? valuations in other economies, including India, China, Japan and the UK, has surpassed that of the US with Indian real estate companies witnessing one of the biggest falls. Some ... More About: Housing , Crisis , Realty
Hospitality Sector sees Addition of Rooms Bringing Tariffs Down
2008-04-19 08:47:00 What goes up can?t keep going up is the prediction of experts on India?s hotel tariffs, which have been growing at an average of 25-30% annually for the past several years. Thanks to an emerging supply of new hotel rooms, rates are expected to start correcting over the next two to three years. ?Over the ... More About: Hospitality , Sees
DLF, Nitesh, HDFC vie for Beacon House in Chennai
2008-04-19 08:44:00 DLF, Nitesh Estates and HDFC Realty are amongst the bidders reportedly in the fray to acquire NRI tycoon C Sivasankaran?s Beacon House , located off the up market Cenotaph Road in the heart of Chennai . The 3-acre property, a former residence of UB Chairman Vijay Mallya when he controlled Best & Crompton (B&C), may fetch as ...
DLF Plans Integrated Township at Panchkula
2008-04-19 07:03:00 Delhi-based DLF group would soon have its presence felt in the fringes of Chandigarh as the company is coming up with their DLF Garden City Project near Panchkula for which the company is eyeing 200 acres. Out of the 200 acres, the company is said to have acquired 34 acres with rest being underway. Already DLF, ... More About: Plans , Integrated
Parsvnath Launches Parsvnath Premium at Jammu
2008-04-18 08:14:00 Parsvnath Developers Limited (PDL), India?s leading real estate company with presence across states having interests in developments of projects in housing, integrated townships, SEZs, commercial properties and infrastructure has announced the launch of Parsvnath Premium a group housing project in association with Mass House Building Cooperative Limited at Sidhra, Jammu . The ground breaking ceremony was graced ...
Sahara Enters Southern India Real Estate Market
More articles from this author:2008-04-18 08:12:00 Sahara with its real estate business enters Southern India with the launch of its Sahara Grace brand of residential complex at Kochi. After Sahara Grace at Gurgaon and Lucknow the Kochi project is the third under this brand which is positioned to provide a product mix of apartments and penthouses and many value-added facilities & ... More About: Estate , Real Estate , Real Estate Market , Market 1, 2, 3, 4, 5, 6, 7 |
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