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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 
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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
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
Real Estate Mutual Funds to Provide Realty Bite to Retail Investors
2008-04-18 08:08:00 The decision of the market regulator SEBI to allow real estate funds at stock exchanges would soon benefits from exponential growth in the real estate market within the reach of retail investors even if they are not able to buy homes or commercial properties at the prevailing sky-rocketing prices. Earlier, the Securities and Exchange Board of ... More About: Estate , Real Estate , Retail , Mutual Funds , Real
Ascendas to Spend $375 Million in India Property
2008-04-18 08:03:00 An India fund run by Singapore-based industrial property developer Ascendas said on Wednesday it would invest about $375 million to develop an economic zone and residential and commercial space. The investment would be in a joint venture near India’s capital, New Delhi.Dr Fresh, a company owned by Dr. Fresh Inc of the United States and the ... More About: Property , Million
L&T to Develop Bombay Dyeing Complexes
2008-04-18 06:52:00 In what is looked upon as one of the largest real estate development projects on premium property in Mumbai in recent times, Larsen & Toubro is to develop nine million sq ft at Bombay Dyeing & Manufacturing Company?s Textile Mills and Spring Mills complexes at Worli and Wadala at a cost of Rs 2,000 crore. It ... More About: Develop
Noida SEZ has no Room for New Units
2008-04-18 05:09:00 Noida, which has become the hub of export units, has lately attracted such a large number of units that Noida Special Export Zone (NSEZ) has no more room to accommodate new units aspiring to set up shop in NSEZ. This has happened for the first time in last 23 years. Set up in 1985, Noida Export ... More About: Noida , Special Economic Zones , Room , Units
Fund Raising becomes Costlier for Realty Companies
2008-04-17 06:55:00 RAISING funds is becoming increasingly costlier for real estate players, as private equity players try and extract their own pound of flesh given the poor market conditions, says DLF chairman K P Singh. ?The cost of raising funds has gone up from what it was six months ago,? K P Singh told media, adding that real ... More About: Companies , Fund , Realty
Citi Realty Arm to Buy 10% Stake in Golden Gate for Rs 400 Crore
2008-04-17 06:52:00 CITIGROUP?s real estate arm is set to invest around Rs 400 crore ($100 million) in Bangalore-headquartered Golden Gate Properties for about 10% stake, sources said. The deal is expected to value the tier-II real estate firm at a little over $1 billion. This marks Citi group?s back-to-back deals in the domestic real estate space in the ... More About: Realty , Golden Gate
Mumbai Records World?s biggest rise in Industrial Rentals
More articles from this author:2008-04-16 09:22:00 Adding to the woes of corporate world battling with soaring input costs and deteriorating consumer sentiments, India’s financial capital Mumbai has emerged as home to the biggest increase in industrial property rents across the world. According to a new study conducted by US-based real estate consultancy major Cushman & Wakefiled, the industrial property rentals nearly doubled ... More About: World , Industrial , Rentals , Rise 1, 2, 3, 4, 5, 6, 7 |
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