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.
Yatra Capital has invested nearly Rs 175 crore in Bengaluru-based property developments. It is Euronext listed real estate investment company. Yatra Capital has invested Rs 111.62 crore in Palladium Constructions for 30 percent stake. Palladium Constructions will develop a complex which will have both residential and retail buildings. It will develop a 1.9 million square.feet [...]
March 14, 2008 – 12:37 am
Vishal Retail is planning to enter real estate sector. Confirming this development Manmohan Aggarwal, CEO, Corporate Affairs, Vishal Retail told Business Standard that the new venture would be launched either in the second half of the current year or early next year.
He revealed that company is also planning to acquire 1 crore sq ft area [...]
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 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 [...]
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.
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 – 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 [...]
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
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Also posted in Property News
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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
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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 15, 2008 – 7:25 am
Indiabulls Real Estate has entered into an agreement with FIM and LNM India Internet Ventures, who will mutually invest Rs 1,580 crore. FIM is a foreign venture capital investor managed by Farallon Capital Management LLC and LNM India Internet Ventures is an investment body of LN Mittal group.
The investment will be by way of subscription [...]
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