Emaar MGF Land Ltd, one of the leading real estate developers in the country has launched ‘Boulder Hills Golf & Country Club’- an integrated world class leisure and residential community in Hyderabad. The Rs 5,610-crore project will have residential, commercial and retail space, IT parks and special economic zones, luxury and boutique hotels. It will [...]
By manish
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Posted in Property News
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Tagged Boulder Hills, Economic Zones, Emaar Mgf, Golf Country Club, Golf Course, Golf Course Architect, India Pvt Ltd, Project, Real Estate, Real Estate Developers, South India, Tirupathi
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For all the talk about a slowdown in the economy, real estate prices in most parts of the country have not corrected as much as most prospective buyers would have liked them to. But, shares of most real estate companies are not finding any takers even after falling nearly 50% from their record highs in [...]
By Rajani
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Posted in Property News
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Tagged , Brokerage Houses, Dlf, Industry Experts, Omaxe, Parsvnath Developers, Property Developer, Realty Stocks, Record Highs, Riding The Wave, Share Trading, Unitech
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Sports brand Adidas has pronounced strategy to add One hundred twenty five franchise outlets to its India retail network in 2008.
As said by Andreas Gellner, managing director at Adidas India Marketing, the count is set to rise to four hundred fifty by the end of the year, from the existing count of three hundred twenty [...]
By manish
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Posted in Property News
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Tagged Adidas, Asia, China Hong Kong, China Property, Europe, Hospitality Sectors, India Property, Projects, Real Estate Asia, Real Estate Developers, Real Estate Sectors, Retail Investors, Venture Arrangements
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As house prices in the West Midlands fall at double the UK average during the credit crunch, local property investors are looking to new markets for opportunities.
One of these markets is India, which is being tipped by many as an emerging property hot spot. Merrill Lynch has predicted a 700 % increase in the Indian [...]
By manish
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Posted in Property News
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Tagged Birmingham City Centre, Capital Appreciation, Hotel Ibis, House Prices, Indian Economy, Investing In India, Investment India, Merrill Lynch, Non Resident Indians, Property Investors, Uk
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The Mumbai airport’s upgradation will open up a humungous 5.7 crore square feet or about 132 acres of real estate, exclusively for non-aeronautical purposes like retail, commercial and hospitality. The area is mainly around Sahar village, Kurla and Kalina.
According to a Cushman & Wakefield report on Airport Realty, the modernisation and upgradation of 47 [...]
By Rajani
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Posted in Property News
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Tagged Airport Projects, Airport Sector, Commercial Purpose, Cushman, Four Star Hotels, Global Growth Rate, Kalina, Kurla, Mumbai Airport, Office Space, Retail Development, Retail Space, Slums, Wakefield
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The global sub-prime crisis will this year have the greatest impact on “mature” property markets in the Asia-Pacific region, leading to an overall decline in investments, international property consultant Jones Lang LaSalle predicted Tuesday. Direct commercial real estate investment in Asia Pacific reached a new high of 121 billion dollars in 2007, up 27 per [...]
Real estate private equity firm Saffron Group on 25th may said it has chalked out a two-sided plan to become a leading player in the market staying put for a minimum 5 yrs in upcoming properties and buying out properties with assured rental income.
The Group, a brainchild of Ajoy Veer Kapoor and his peers from [...]
By manish
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Posted in Property News
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Tagged Anchor, Brainchild, Euronext, Foremost Player, India Real Estate, Indian Real Estate, Peers, Private Equity Firm, Promoter, Real Estate Fund, Real Estate Market, Saffron
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The real estate sector has hogged the attention among favored investment avenues for a host of venture capital funds (VCFs) and foreign venture capital investors (FVCI) during the preceding fiscal. Amongst different sectors, together with IT and telecom, real estate alone attracted twenty percent of the total investments made by both VCFs and FVCIs during [...]
By manish
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Posted in Property News
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Tagged Exchange Board, India, Investment, Investment Avenues, Last Investments, Real Estate Sector, SEBI, Service Sector., Telecom, VCF, Vcfs, Venture Capital Investors
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On 21st many Real Estate TV (RETV), a round the clock channel committed to infrastructure & realty had appointed Prem Kumar Menon as a its CEO
Menon having twenty seven years of prosperous media and marketing experience and prior to joining Real Estate TV, he was working as COO of a media group in Chennai, the [...]
The delay in opening of malls, closure of retail complexes and surging property rentals, among others, have prompted Trent, the Tata Group’s retail company, to opt for the franchise route to open its Wesbside chain of department stores in tier II and III cities. Under the franchise deal, Trent will own and provide the stock [...]
By manish
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Posted in Property News
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Tagged Aligarh, Baroda, Department Stores, Franchise Deal, Franchise Holders, Franchise Stores, Kidswear, Menswear, Mumbai Delhi, Patna, Retail Company, Retail Complexes, Tata Group
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Knight Frank India, a real estate consultant company, predicts more correction in house prices if the existing slowdown in residential property sales keeps on, Chairman Pranay Vakil said.
By manish
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Posted in Property News
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Tagged Bangalore, Commercial Office Space, Consultant Company, Estate Consultant, High Interest Rates, Home Prices, House Prices, Knight Frank, Pune, Real Estate Developers, Residential Property, Residential Real Estate, South India
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Khaleeji Commercial Bank has collected $163.5 million of equity from investors across GCC for Danat India Investment Company.
Danat will invest in a real estate development project near New Delhi, targeted at the expanding middle class of India.
India, presently one of the foremost rising markets is predicted to be the world’s 3rd biggest economy by 2050, [...]
By manish
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Posted in Property News
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Tagged Disposable Income, Gcc, India, India Investment, Indian Economy, Indian Sub Continent, Investment Company, Japan, Middle Class, New Delhi, Residential Properties
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Global real estate consultant DTZ announced on 21st may that it has appointed Anshul Jain the CEO of India operations with effect from August 1.
“As we continue to successfully grow our India business, I am delighted to welcome Anshul to guide the team. The move demonstrates DTZ’s promise to the India story as we continue [...]
By manish
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Posted in Property News
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Tagged Asia Pacific, DTZ, European Regions, Global Real Estate, India, IndiaN Business, International Investment, Investment, London, Real Estate, Real Estate Services
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Milestone Capital Advisors will raise a fund of ten billion rupees to invest in the real estate sector in tier-II and tier-III cities of Tamil Nadu (TN).
The amount would be raised from high net worth individuals and financial institutions.
This fund would be primarily used for the construction and development of low-cost and green housing and [...]
MUMBAI: Equities are seen opening flat-to-negative on Tuesday amid quiet global cues. Crude oil’s record high spike to the $127 mark will weigh on sentiment.
Essar Oil’s refinery expansion project at Vadinar may turn out to be the only such upcoming project to be denied a 100% tax holiday available to refinery projects. This follows the [...]
By manish
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Posted in Property News
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Tagged Auto Companies, British Telecom, Essar Oil, Finance Ministry, Haryana, Indian Auto, Italian Motorcycle, Parsvnath Developers, Public Sector Company, Silicon Valley, Stock, Tech Mahindra
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Mumbai-based firm will invest Rs 18,000 crore in next twelve years. BSEL Infrastructure Realty plans to set up a company in Malaysia to execute its operations in that country.
The Mumbai-based company has signed a memorandum of understanding (MOU) with Malaysia’s Iskandar Regional Development Authority (IRDA) to develop properties in Johar Bharu region of Malaysia. The [...]
MUMBAI: The Ajmera group-controlled Shree Precoated Steels, which has interests in real estate and steel, has taken a decision to hive off its steel business into a separate company. This will be a reverse merger as the Mumbai-based group had earlier merged its real estate assets with Shree Precoated Steels.
The group will rename Shree Precoated [...]
By manish
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Posted in Property News
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Tagged Demerger, Estate Assets, Estate Projects, Ghatkopar, Jolly Brothers, Kanjur Marg, Precoated Steel, Real Estate, Residential Space, Special Purpose Vehicle, Steel Business, Steel Sheets
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ICICI Venture, the private equity wing of ICICI Bank, plans to raise three billion dollar from its 2 funds including equity and a real estate fund.
A senior ICICI Venture executive told that they will raise $1.5 billion from both these funds.
The ICICI Venture executive said the company expects to generate most of the investment for [...]
By manish
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Posted in Property News
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Tagged , Economy, Economy Sectors, Equity Fund, Europe Canada, Goldman Sachs, ICICI, Investment Banking Firm, Private Equity Investment, Rbi., Real Estate, Real Estate In India, West Asia
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MUMBAI: The addition of new real estate investment products and property funds that developers are lining up are expected to exacerbate the talent crunch in real estate.
“The sector is currently hiring for front-office, back-office and operational roles. The levels are comparable to the first wave of aggressive hiring witnessed in the late nineties. We have [...]
Pune, May 16:- The Express Estates Home Expo was inaugurated by Mayor Rajlaxmi Bhosale at Sakhar Sankul on Friday afternoon, setting in motion the three-day event. The Expo will not only be a one-stop shop for people interested in buying properties in the city, it intends to set a benchmark by educating the public on [...]
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