Healthy office space absorption in 2011-2012 inspite of slowdown in GDP, However 2012-13 seems bleak. Currently, the top seven cities of India that is Mumbai, National Capital Region, Bangalore, Pune, Chennai, Hyderabad and Kolkata together occupy 389 mn sq.ft of Grade-A office space. During 2010-11, a total of 38 mn sq.ft of new space was […]
The report highlights the revised service tax and its impact on the consumers, the deduction in TDS and the current scenario of the External Commercial Borrowing (ECB) apart from its emphasis on the Chennai Realty Market. Following are the key takeaways of the report: – Chennai leads the market in terms of number of units […]
sIn a recent development the Reserve Bank of India along with the Department of Industrial Policy and Promotion are working to streamline and regulate the access and use of Real Estate Firms regarding the External Commercial Borrowings (ECBs). This will be done through a monitoring mechanism which will ensure stricter norms from now on. RBI […]
By
|
Posted in Property News
|
Also tagged Bank Of India, ECBs, Estate Planning, External Commercial Borrowings, Money, Norms, Real Estate Companies, Real Estate Firms, Reserve Bank Of India, Ropes, Townships
|
December 27, 2008 – 2:18 am
The year 2009 will lift the gloom in the real estate market as the property market turns buyer friendly with the cuts in property rates and home loan rates. Developers for their part would benefit as they will focus on creating volumes at affordable price points. The government move to boost home loans will definitely […]
By
|
Posted in Property News
|
Also tagged Borrowers, Business India, Central Government, Ceo, Gloom, Government Move, Hfcs, Home Buyers, Home Loan Rates, Home Loans, Jones Lang Lasalle, Momentum, New Year, Private Banks, Property Developers, Public Sector Banks, Sanjay Dutt, Segment, Thrust
|
LONDON: Private equity real estate firm Benson Elliot Capital Management has bought a 70% stake in Spanish developer Promobuilding SL in a bid to cash in on distressed house building projects in Spain’s faltering economy. The acquisition, which has been accomplished via a recapitalization and subscription for new shares, is predicted to provide privately owned […]
By
|
Posted in Property News
|
Also tagged Benson, Benson Elliot, Building Projects, Capital Management, Housing Market, Hundred Million, Investment Opportunities, Private Equity, Spain, Spanish Market, Stake, Xavier
|
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 […]
By
|
Posted in Property News
|
Also tagged Economy Sectors, Equity Fund, Europe Canada, Goldman Sachs, ICICI, Investment Banking Firm, Private Equity Investment, Rbi., Real Estate, Real Estate In India, West Asia
|
February 12, 2008 – 4:06 am
Hyderabad is among the foremost choices for community who wish to invest in Indian Real Estate. Hyderabad is a place with a soaring economic growth, outstanding architecture, great infrastructure, and a flourishing Real Estate and construction industry.A lot of the property is at a standstill in the form of plans on paper but already the […]