Ahmedabad-based realty player JP Infrastructure Pvt Ltd (JPIPL) is in initial phase of talks with a foremost PE fund to raise around two hundred crore. The company is also planning to come out with an initial public offer and had selected Cushman & Wakefield in December preceding year for valuation of its assets.
According to a [...]
By manish
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Posted in Property News
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Tagged Ahmedabad, Cushman, Infrastructure, Initial Public Offer, IPO, Jp, JP Infrastructure, Realtor, Retail Malls, Vadodara, Wakefield
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KOCHI: Dewa Projects Private Ltd., a venture promoted by a group of NRIs based in Kuwait, will build a super luxury apartment complex on Marine Drive in Kochi. K. Venugoplan Nair, chairman of the company, said the project would set new benchmarks for residential property.
The apartments will have a 10-year warranty. Kitchen, bathroom fittings, doors [...]
MUMBAI - Indian market regulator, the Securities and Exchange Board of India (SEBI), said it has amended the regulations to allow domestic fund houses to start real estate mutual funds (REMF) in the country.
In a release, the regulator said however that existing mutual funds have to fulfill certain conditions, such as having an sufficient number [...]
By manish
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Posted in Property News
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Tagged Asset Management Company, Associate Companies, Exchange Board, Market Regulator, Mortgage Backed Securities, Mutual Funds, Real Estate Company, Real Estate Fund, SEBI, Securities And Exchange, Securities And Exchange Board Of India
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Zirakpur, Chandigarh, April 24 : The Piya Charitable Trust and Foundation, Chandigarh, has taken the initiative of providing at no cost primary education to the children of construction workers in Savitri Enclave at Zirakpur.
In addition primary education, it also make available healthcare facilities, nutritious diet, study material, uniform and vocational training for the rehabilitation of [...]
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 expecting [...]
By Rajani
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Posted in Property News
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Tagged africa, Ansal, australia, buy, buyer, demand, India, indian government, luxury, Market, Mumbai, non resident indian, NRI, PIO, pravasi bharatiya divas, property, Real Estate, Realty, US
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KOLKATA, April 23: With the real estate boom in the country, St Xavier’s College in alliance with CREDAI(Confederation of Real Estate Developer’s Associations of India), Bengal is planning to launch a one year post graduate diploma course in real estate management very soon. The college previously runs a six-month certificate course on real estate management.
This [...]
Mahindra Lifespace Developers, the real estate company of the Rs 18,000 crore Mahindra group, has entered into a joint venture with private equity fund ARCH Capital Asian Partners to develop a residential township at the Mahindra group’s special economic zone, Mahindra World City, near Chennai.
The Mahindra group will have a 51 % stake in Mahindra [...]
The Mumbai-based real estate developer Lodha group said on Thursday it has received Rs. 250 crore investment from the HDFC sponsored real estate fund in one of its special purpose vehicle (SPV) in Hyderabad.
Under the transaction, the HDFC funds will buy 45% in Lodha’s SPV for development of the group’s luxury residential and commercial project [...]
Mumbai, Apr 16 With the end of its association with The Oberoi group, Hilton Hotels Corporation is on top gear to make a comeback in the Indian market. The company today has not even a single property in the country courtesy the fallen apart tie-up with The Oberoi Group. Now, left all alone in the [...]
Niranjan Hiranandani owner of Hiranandani Constructions, is planning to set up a chain of hospitals in the country.
The total investment in these projects could be approximately five hundred crore. The company plans to become a foremost healthcare player in the next five years, sources said.
The real estate foremost is planning to set up new hospitals [...]
Larsen & Toubro is planning develop nine million square feet at Bombay Dyeing & Manufacturing Company’s Textile Mills and Spring Mills complexes at Worli and Wadala at a cost of Rs two thousand crore.
Mr K.V. Rangaswami, Director and President (Construction), L&T, said that it would be an all-commercial project, comprising retail, IT and hospitality space, [...]
To make their project affordable, real estate developers are applying new techniques everyday. For example, tunnel form technique, table form technique, fly ash technique and so on.
In a fresh survey, three hundred global retailers, representing a global portfolio of around twenty five thousand stores, who are looking to expand outside their domestic markets, have recognized India as the most sought-after retail destination..
The survey was conducted by London-based C B Richard Ellis, a leading real estate services firm, to get latest insight [...]
Mumbai Real estate developers on Friday demanded an inquiry into the rise in steel prices and warned that if the prices were unchecked, plans for the Commonwealth Games 2010 would be hindered and would hit the residential construction business. Members of the Builders Association of India (BAI) met here and sought a probe by the [...]
Growing real estate prices are resulting in a decline in the demand for home loans. The rising interest rate is a additional factor.
Even though Indian realty market is observing a compounding growth, owning a home is still a tough dream for a lot of middle class Indians. Previously (2002-2006), the trouble-free availability of home loans [...]
NEW DELHI: The Munjal family, known for the two-wheeler business, is planning for real estate business. After announcing a tieup with the world’s largest commercial vehicle maker Daimler, the company has lined up major plans in the real estate sector that comprise developing residential townships, industrial parks, hotels, resorts and leisure centers all over the [...]
It is the fact that land price varies with locality but the extent it is varying, is unbelievable. The price of a house at Malad, a Mumbai suburb, is Rs 3000 to 6000 per square feet; whereas, the price of the same at Vasant Vihar (Delhi) is Rs. 19500-32000. It is enough for confusing buyers [...]
Real estate developer K Raheja Corp and US-based Trologis said on Wednesday that they had formed an equal joint-venture to develop warehousing and logistics infrastructure in India.
Both companies said after joint venture that the JV will invest Rs 23 billion to develop 7.5 million square-feet over three years for this business and will initially focus [...]
For prospective real estate buyers in the state capital, thinking big seems to be the guiding light, at least when buying apartments is concerned.
The new concept of one-BHK flats in Ranchi has failed to attract customers, leading developers to shelve many such projects. The “revolutionary” projects were supposed to provide reasonably good accommodation at a [...]
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