Red Fort Capital, a Cayman Islands-based private equity fund focused on real estate development, is in the advanced stages of negotiations with six developers for projects worth Rs 40 billion in the metropolitan areas across India.
The fund will be developing an information technology park in Kolkata with Godrej Properties, with Red Fort holding a 49 [...]
Ian Hendersen, Chairman, Ishaan Real Estate, said, “Investment in the initial portfolio of assets is being completed, largely according to a plan, and the increased net asset value replicates the strong demand for our properties and the huge potential of the Indian property market”. IRE is the holding company of K Raheja Corp floated in [...]
By Rajani
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Posted in Property News
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Tagged Alternative Investment Market, Hendersen, India, Ishaan, K Raheja, Overseas Markets, Park Projects, Raheja Group, Real Estate Sector, Residential Projects, Retail Ventures, Sezs, Shopping Malls, Southern India
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Real estate companies observes their cost of borrowing rising by 1% age point as the central bank has increased the repo rate by 0.5 % and cash reserve ratio by 0.25 %.
The rate hike will push up the corporate lending rates. This, in turn, is anticipated to further strain the balance sheets of realty companies, [...]
By manish
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Posted in Property News
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Tagged Akruti City, Angel Broking, Cash Reserve Ratio, Corporate Profitability, Housing Projects, Indian Cities, Jharkhand, Power Projects, Property Arm, Property Transactions, Real Estate, Realty Companies, Realty Development, Repo Rate
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RBI decisions to hike two key policy rates are expected to affect stocks of companies from sectors like banking & financial services, and real estate more than any other sector since these sectors are more vulnerable to higher interest rates than others . However, given that most stocks from these sectors are already badly hammered [...]
By Rajani
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Posted in Property News
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Tagged Allahabad Bank, Auto Sector, Bank Of India, Excessive Speculation, Home Loan Rates, Inflation, Interest Rate, Money Interest, Real Estate Sector, Religare Securities, Silver Linings, Slowdown, Stockbroking, Stocks Market, Union Bank, Union Bank Of India
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Pune seems to be gradually losing its cost advantage among software companies. Many think that the rentals in the city are on their way up and could be a big deterrent for further investment.
Sunil Patil, president (Pune region), UBICS, a software company of the UB group, believes that the rentals may spoil the show. “Rentals [...]
By manish
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Posted in Property News
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Tagged Economic Benefits, Engineering Services Company, Manhattan, Nasscom, Pune, Pune Region, Software Companies, Software Company, Software Engineering Services, Tier Ii, Ub Group, Venture Capital
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Delta Township just built a brand new library that recently opened. It has plenty of events being offered this year for all ages. Delta has been a thriving and dynamic community that supports education, planned growth, safety and a positive community.
Delhi Township has mastered the art of balancing development and quality of life. Delta Township [...]
By Rajani
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Posted in Property News
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Tagged Buying A Home, Delhi Township, Delta Township, Dynamic Community, Exemplary Schools, Growth Safety, Home Buyer, Housing Market, Investments Opportunities, Long Term Investment, Media Articles, New Library, Real Estate, S High School, Workouts
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Due to the depressed real estate market, all projects of small developers (grade C & D) are up for sale as no development has started because of severe cash crunch. And the big developers (grade A & B) are said to be scouting for these kinds of projects as they are proving to be more [...]
By manish
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Posted in Property News
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Tagged Amritsar, Bangalore and Chennai, Chandigarh, commercial property, Indore, Karnal, Land, Mumbai, Ncr, Pune, Real Estate, Real Estate Investment, Residential Property, small developers
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AMBALA : A historical district of Haryana, may still be longing for true genesis of its nomenclature but the city is slowly opening up to real estate investments that were non-existence till a couple of years ago.
The city, divided between Ambala Cantt and Ambala City, is bringing up a few group housing schemes and commercial [...]
By manish
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Posted in Property News
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Tagged Ambala Cantonment, Ambala Cantt, Ambala City, Chandigarh, Commercial Projects, Dera Bassi, Dlf, Housing Project, Housing Schemes, Land Banks, Omaxe, Real Estate Investments, Reliance Industries, Residential project, Transit City, Vatika Group
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Real estate developer Uppal Group has tied up with hospitality major JW Marriott for developing and managing two five star hotels at an investment of Rs 500 crore.
“We will be investing about Rs 500 crore for developing both properties which will be managed by international chain JW Marriott Hotel,” Uppal Group CEO (SEZ and Hotels) [...]
By manish
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Posted in Property News
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Tagged Bansal, Five Star Hotels, Gian, Group Ceo, Hospitality, International Hotel Chain, Jw Marriott, Marriott, Marriott Hotel, Real Estate, Real Estate Developer, Rs 500
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Realty player Suncity Projects today announced its plans to develop four retail cities in the country with an investment of around Rs 2,000 crore by 2011.The retail cities, under the brand name ‘Jewel of India’ would come up at Greater Noida, Indore, Jaipur and Mohali.
The first of these cities would become operational in Jaipur by [...]
By Rajani
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Posted in Property News
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Tagged Ambitious Projects, Bazaar, Food Courts, Hotel, Hotel Business, India, Indore, Jaipur, Mohali, Multiplexes, Rajasthani, Retail Area, Retail Brands, Retail Space, Vijay Arora
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Chandigarh real estate is witnessing testing times. On one hand, there are more investments pouring in the segment and on the other side property buyers and sellers are not very enthusiastic about property transactions.
By manish
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Posted in Property News
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Tagged Buyers And Sellers, Chadigarh, Economic Recession, Home Seekers, Land Assets, Market Sources, Nano, Parsvnath, Property Brokers, Property Sellers, Property Transactions, Real Estate Values, Recent Developments, Residential project, S Real Estate, Sabeer Bhatia, Segment, Stagnation, Stake, Suburban Areas, Temporary Phase
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The Board of directors of Sobha Developers Limited approved the unaudited financial results of the company for the quarter-ended June, this year.
Sobha Developers recorded a 24% growth in net profit during the first quarter of the 2008-09 financial year. Its net profit for the quarter stood at Rs 50.5 crores, up from Rs 40.8 crores [...]
Yatra Capital Ltd, the Euronext listed real estate company, has invested $7 million for a 40% stake in Jalan Intercontinental Hotels Pvt Ltd, a company that is building a two hundred room business hotel in Kolkata. The hotel will be supervised by Indian Hotel Ltd under the Taj Gateway brand.
The hotel will be built on [...]
By manish
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Posted in Property News
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Tagged Business Hotel, Business Travelers, Capital Ltd, Gateway Brand, Hospitality Project, Hospitality Sector, Hospitality Services, Hotel In Bangalore, Indian Hotel, Saffron, Sezs, Yatra Capital
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Higher rate of returns in real estate investments in India, projects that comply with international standards, greater affordability, apart from emotional reasons like ‘owning a piece of homeland’ were driving the NRI segment growth in the real estate sector in the India.
“Ma, is Chennai like New Jersey”, asks a little toddler in a catchy overseas [...]
By Rajani
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Posted in Property News
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Tagged Advertisement Campaign, Contemporary Designs, Current Market, Indian, Investing In Property, Leading Property, Leading Real Estate, Little Ones, Market Trend, NRI, Porches, Property Portal, Real Estate Investments, Real Estate Sector, Returning Home
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Credit crunch and economic uncertainty have taken their toll on the global property market, with transaction volumes falling by 46% in the first quarter, according to a property report.
Investment throughout Asia and other emerging markets continued to grow, as sales of major commercial properties globally totaled $154 billion (Dh565bn) in first quarter against $283bn of [...]
Delhi-based real estate developer and asset management company, Alpha G:Corp, key coalition associate in the pan-India conglomerate. G:Corp, has signed up a joint venture with property-owner in Punjab to conceptualize, design and develop the impressive Alpha One mega project in Amritsar. It will be spread over twenty five acres on G.T. Road. Alpha G:Corp was [...]
Pune property market is one of the most active segments in Western India. Private property developers along with local property builders and civic authorities are pouring in more investments in the city.
Recently, Milestone Capital Advisors announced an investment of Rs300 crore for commercial real estate development in Pune. Milestone is a fund house and focuses [...]
By Rajani
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Posted in Property News
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Tagged Affordable Housing, Capital Advisors, Civic Authorities, Commercial Real Estate, Gera, Housing Project, Localities, Milestone, Private Property, property, Property Developers, Property In Pune, Pune Builders, Rental Values, Residential Property, Returns On Investment, Western India
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Summer is over but the temperature is still rising, particularly at the Philippine Real Estate Festival as it presents 24 gorgeous young women vying for the title of Miss Real Estate Philippines on July 25 at the SMX Mall of Asia.
The second annual beauty pageant intensely screened over 200 young women before coming up with [...]
By manish
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Posted in Property News
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Tagged Basa, Beauty Pageant, Bikinis, Finance Institutions, Mall Of Asia, Outreach Projects, Philippine Economy, Philippines, Real Estate, Real Estate Asia, Rosemarie, Young Women
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At a time when the real estate sector is hard-pressed for funds, the real estate mutual funds (REMFs) are yet to take off, in spite of being granted permission 3 months ago. This is due to unclear rules about their tax treatment.
REMFs, which were touted as key instrument enabling retail investors to take part in [...]
By manish
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Posted in Property News
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Tagged Capital Gains Tax, Debt Funds, Direct Taxes, Dividend Distribution, Estate Assets, Exchange Board, Finance Ministry, Income Tax Act, Income Tax Act 1961, Mortgage Backed Securities, Mutual Funds, Real Estate Sector, Realty Companies, REMF, Retail Investors, SEBI, Tax Incentives
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Faced with a slowdown and increased competition, real estate players are trying to re-invent themselves by focusing on ‘personalized selling’.
Refusing to be lost in the clutter of ‘look-alike offerings’ in the real-estate market, a section of leading developers engaged in constructing properties in Bangalore, Mumbai, Hyderabad, Goa and Chennai is trying to carve out a [...]
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