February 29, 2008 – 3:54 am
Suncity Projects, a New Delhi-based real estate company, is branding its upcoming mega malls (typically a million sq ft plus area) as Jewel of India. The company, promoted by media baron Subhash Chandra’s younger sibling Lakshmi Goel, has identified Jaipur, Mohali, Chandigarh, Greater Noida, Indore and Bareilly as focus cities for its new mall brand. [...]
By Rajani
|
Posted in Property News
|
Tagged Ankit, Bareilly, Brand Identity, Cross River, Delhi Haat, Essel Group, Ethnic Products, Goel, Greater noida, Indore, Initial Public Offering, Odeon, Projects Director, Shopping Malls, Taking Shape, Traditional Flavor, True Essence
|
February 29, 2008 – 2:42 am
NEW DELHI: Following are the highlights of pre-Budget Economic Survey 2007-08 presented in Parliament on Thursday
* FY’08 economic growth at 8.7%, against 9.6% a year ago
* Inflation rate to decline from 5.6% in FY’07 to 4.4% in ‘08
* Holding 9% growth a challenge, two digit growth even greater
* Inflation and infrastructure biggest growth challenges
* Skill [...]
By manish
|
Posted in Property News
|
Tagged Attrition, Budget Economic Survey, Capital Inflows, Commodity Prices, Dearth, Domestic Investment, Economic Survey, FDI, Food Credit, Forex Reserves, Inflation Rate, Investment
|
February 27, 2008 – 8:48 am
New Delhi: Real estate companies are feeling the need to pitch in as competing investment avenues. As a result, the tax structure for Real Estate Investment Trusts (REITs) could be similar to that of equity-based mutual funds which are registered under the Indian Trust Act, 1882.
REIT has to operate as a trust that owns and [...]
February 26, 2008 – 6:38 am
Delhi-based tier II realty player Eldeco Group is in discussions with AIG and Merrill Lynch for raising $200-250 million from a clutch of private equity (PE) investors. As part of the plan, Eldeco has already raised some funds from Xander PE. Sources said group company Eldeco Infrastructure & Properties (EIPL) was in the market for [...]
February 26, 2008 – 4:38 am
NEW DELHI: For the new-age green consumer and those who believe in sustainable tourism here is a good news. After eco-friendly hotels, India will have it’s first green hotel — The Park Hotel in Hyderabad. The investment in this 280-room hotel, scheduled to start operations by mid-2009, will be around Rs 350 crore, 15% higher [...]
February 25, 2008 – 8:56 am
HONG KONG ING Group NV’s asset management unit Monday launched a fresh Asia real estate fund in Hong Kong that invests in listed real estate securities across the region.
Most of the portfolio will be invested in real estate companies and real estate investment trusts, ING said. The fund is at first being offered only to [...]
By Rajani
|
Posted in Property News
|
Tagged Asia, HONG KONG, Ing Investment Management, Market Capitalizations, Portfolio Manager, Real Estate Companies, Real Estate Fund, Real Estate Investment, Real Estate Investment Trusts, Retail Investors, Singapore
|
February 23, 2008 – 8:25 am
Sector 119 is now becoming center of attraction. Builders as well as People are also getting attracted toward this because all the major facilities are available near by sector 119. Oil Industry Development Board Office Complex is coming close by it. Various Builder groups are coming here with their projects.
By Rajani
|
Posted in Property Events, Property Investment, Property News
|
Tagged , Amrapali, Atta, Faridabad, Fortis, Greater noida, Metro Station, Oil Industry Development, Residential project
|
February 23, 2008 – 6:44 am
Vastu is the antique Indian science of constructions which state how finest the environmental energy can be used to benefit the inhabitants. The size of the buildings including its length, breadth and height and the shape of building are very important in Vastu based positioning.
By manish
|
Posted in Property Articles
|
Tagged Air Flow, Constructions, Environmental Energy, Feng Shui., Financial Difficulties, Indian Science, North Direction, Positive Energy, Rectangle Shapes, Vasthu, Verandah, Water Bodies, Well Tank
|
February 22, 2008 – 5:35 am
The National Highway-24 has emerged as the cradle of investment for housing properties due to the surge in prices of residential real estate across key UP cities - Noida, Greater Noida and Ghaziabad. In recent years, NH-24 has risen as a prime alternative for those seeking affordable homes. NH-24 has seen the establishment of settlements [...]
February 21, 2008 – 2:02 am
Saluja Construction, the foremost name in premium residential development in Delhi and NCR for over 2 decades, now brings its golden touch to retail and business spaces.
Saluja Construction introduces SALCON, a realty brand that is a hallmark of innovation, quality, reliability and timely delivery. SALCON Projects will represent the zenith of lifestyle architecture and engineering, [...]
February 20, 2008 – 8:46 am
The withdrawal of an IPO by a big property developer in India earlier this month was just the latest sign of the growing difficulties companies world-wide are having tapping capital markets.
But the message for the sizzling Indian real-estate development business was worse: get ready for a slowdown.
Emaar MGF Land Pvt. Ltd. said it pulled its [...]
February 19, 2008 – 6:30 am
Sobha Group, one of the leading real estate developers in India with many realty projects in Dubai, has broken ground on its first residential development in Dubai. Building work started on Sobha Daffodil at Jumeirah Village on 28th January, 2008 following a ground breaking ceremony.
Ajay Rajendran, Vice Chairman, Sobha Group, told thatSobha Daffodil will marks their [...]
By manish
|
Posted in Property News
|
Tagged , Apartment, Daffodil, Dubai, India, Leading Real Estate, Middle East, Real Estate Developers, Real Estate Market, Residential Development, Sobha Group
|
February 19, 2008 – 6:29 am
According to industry body Assocham Real estate companies mopped up a large amount amount through early public offers on stock exchanges during 2007.V. Dhoot president of
Assocham chamber states that although high interest rates, the real estate sector remained buoyant during 2007 primarily due to the well-built underlying demand, aggressive marketing, entry of fresh players [...]
February 19, 2008 – 1:26 am
The key feature of this budget is that this is the last budget to be presented by the present government before it faces the general elections next year. For that reason, it will be targeted at getting votes. This means that it could well be a populist budget with pay-off for voters in terms of lesser [...]
February 18, 2008 – 9:05 am
Simplex Infrastructures Ltd has received a Rs 406 crores order for the Mumbai Metro first phase. It is for civil construction of 10.7 kilometer long viaduct on the Versova - Andheri - Ghatkopar elevated corridor of the Mumbai MRTS Project. A consortium led by the Anil Dhirubhai Ambani Group’s Reliance Energy and Mumbai Metropolitan Region [...]
February 18, 2008 – 2:45 am
With banks lowering housing loan rates and RBI signaling a downhill fashion in property prices, investors have a cause to smile. After all, they can now go ahead and buy that, in demand piece of property, feeling a little less culpable about not making the investment when rates were much lesser.
For all those who cannot [...]
By manish
|
Posted in Property Investment, Property News
|
Tagged Capital Advisors, Housing Loan, Infrastructure Funds, Loan Rates, Mutual Fund, Net Asset, Rbi., Real Estate Investment, Rental Agreements, Residential Property
|
February 16, 2008 – 5:48 am
MUMBAI: Home loan and consumer durables loan borrowers could look forward to softer interest rates. Following the reduction in the cost of funds, banks are reviewing the interest rate structure, according to the Indian Banks’ Association (IBA).
Speaking to the media after the managing committee meeting on Friday, IBA CEO H N Sinor said, “Banks are [...]
By manish
|
Posted in Property Investment, Property News
|
Tagged Axis Bank, Bank Of India, Bank Of Maharashtra, Canara Bank, Durable Loans, Home Loan, Home Loans, Incremental Credit, Indian Banks Association, Mortgage Loans, Sinor, State Bank Of India, Union Finance Minister
|
February 16, 2008 – 5:47 am
MUMBAI- THE US-based hospitality and real estate fund Walton Street Capital (WSC) has decided to invest Rs 1,000 crore in the booming Indian real estate market in 2008. It has already united with property developers for investing Rs 600 crore at the project level. These investments will be made in special purpose vehicles (SPV) floated [...]
February 16, 2008 – 5:46 am
Power, real estate, capital goods and oil and gas indices gained over 7 per cent each and led the Sensex rally on Thursday.
The Bombay Stock Exchange’s Sensex recorded the 3rd highest single-day gain of 817.49 points for the duration of the current calendar year, taking the index from 16,949.14 on Wednesday to 17,766.63 points on [...]
February 16, 2008 – 5:44 am
MUMBAI - Property developers are expected to turn overseas to list Real Estate Investment Trusts (REITs) as proposed local rules favour funds and small investors rather than real estate companies, officials said.
Developers are hoping to recover costs by selling properties to REITs in which they hold a controlling stake. However, draft rules, which restrict ownership [...]
Latest Properties