Category Archives: Property Articles

Real Estate Tips for India

Expatriates’ Struggle For Finding Right Home

Finding the right kind of place to live in is not that easy when you come down to a different country.
Coming from a foreign land and making India their home is not an easy task for most expatriates, considering the differences in culture, language, lifestyle, habits and so many other small things that we don’t [...]

BOA For SEZ Approved 29 Proposals

The Board of Approval (BoA) for Special Economic Zones (SEZs) cleared a total of 29 proposals to set up SEZs, including three proposals for conversion of in-principle approvals into formal ones. The Board recommended grant of 23 formal and six in-principle approvals.
Prominent among the formal approvals are four IT/ITeS SEZs in Kerala by Kerala State [...]

DLF Assets files for IPO approval in Singapore

DLF Assets, the property fund of DLF Ltd, plans to launch an initial public offer of its office trust in Singapore by June to raise over Rs 8,000 crore. DLF is India’s leading real estate company in terms of market evaluation.

Heat Of Rising Interest Rates

New Delhi, Mar 10, 2008. When finance minister Mr. P Chidambaram has decided for decreasing home loan rates for the loan of less than Rs. twenty lakhs, many other sectors facing the heat of rising interest rates.

Asipac to launch real estate fund

BANGALORE: Realty marketing and consultancy firm Asipac Projects is close to putting together a real estate fund, in association with a few institutional investors. The move by the company , aimed at widening the scope of the company’s services is part of a series of initiatives that will roll out in the coming months.
According to [...]

The Paul Hotels and Resorts to develop South Indian hotel

The Paul Hotels and Resorts plans to develop a five star hotel chain in South India. As part of the first stage, the group will develop business class hotels or resorts across Karnataka, in locations such as Bengaluru, Mysore, Hampi and Coorg.
According to Shelly Thayil, Director - Operations, The Paul Hotels and Resorts, the group [...]

Mega property Show At Hyderabad

Real estate in Hyderabad is witnessing a boom and the demand for residential & commercial properties has taken a quantum leap. Hyderabad is fastest growing cities in India is experiencing a rapid need for enhancement in infrastructure.

GTC set for Realty Business Separately

NEW DELHI:Cigarette manufacturer GTC Industries pronounced that its board of directors has considered and decided an in-principle approval to separate the tobacco and the real estate business into two different entities.
The two entities would be listed separately on the stock exchanges in India.
ET had initially reported plans of a separation of the real estate business last [...]

Indiabulls realty purchases majority stake in Dev Property

MUMBAI: Indiabulls Real Estate(IBREL), the real estate division of the Indiabulls group, has decided to take greater part stake in Dev Property Developers, the London-listed property fund, in order to gain best part control over two of its prized properties in Mumbai. IBREL has bought over 90 percent in DPD for about Rs 1,100 crore.
DPD, [...]

Vastu based construction for prosperity

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.

India Faces Housing Slowdown

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 [...]

Developers shrug off REIT plans, looking out of the country

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 [...]

NRIs Ride High On Stocks and Real Estate

Indian Stock Market and Real Estate sector is attracting NRI attention in a huge way. Non-resident Indians are more and more tending towards investment in these two sectors. This is primarily due to the fact that India is growing at a faster pace than other countries and the equity market has outperformed those of developed [...]

Indian construction sector outlook positive for 2007-08 - Fitch

MUMBAI - Fitch Ratings said it sees the outlook for the Indian construction sector in 2007-08 as positive, boosted by increased investment in infrastructure projects and real estate.
The ratings agency noted that while Indian construction companies have witnessed sharp growth in their order books and revenue with the increase in investment projected over the next [...]