Tag: Estate Business

Sahara to defy realty slowdown

Though developers in the realty sector are facing an unprecedented pressure due the global economic slowdown and are being forced to think on the lines of reducing prices of their housing projects, Sahara Real Estate is trying to buck the trend and will instead hike the prices with effect from the next year. Shedding light […]

Sahara Prime City to raise Rs 2000 crore to build townships

Realty firm Sahara Prime City said it would raise Rs 2,000 crore in the next 12-18 months to part fund development of 217 integrated townships across the country. The company, which is planing to invest the amount in the first phase of the plan that will see development of 102 townships, is looking at both […]

Real Estate Bank India Plans Sixteen Outlets In Orissa

Real Estate Bank India is scheduling to set up three thousand franchisees all over the country with sixteen outlets in Orissa within a year. The first property shop will be opened on September 24 in Bhubaneswar. The other property shops will be located at Rourkela, Cuttack, Jharsuguda, Barbil and Jajpur Road. This would promote inter […]

Residential Complex At AIIMS Patna

Kolkata-based RDB Industries Limited, one of the foremost real estate company has informed that the Ministry of Health & Family Welfare, Government of India, have granted a tender in favor of the Company for setting up Residential Complex at AIIMS Patna, the projected value of which is thirty crore rupees. RDB Industries Limited works in […]

Real Estate Business Is Now Picking Up Again In Hyderabad

Hyderabad : With the rejection by Andhra voters of the Telengana Rashtra Samiti, real estate business is now picking up again in Hyderabad after the recent elections. The non-residents of India (NRI)’s and the foreign direct investors have started taking interest in the real estate because the demand for a separate State does not seem […]

Indiabulls in discussion with leading global retailers

MUMBAI: Indiabulls group, a rising company with interests spanning from financial services to retail, on 12th may said it is in talks with some foremost global single-product retailers seeking a pan-India presence.

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 […]

RBI’s judgment has spooked real estate cos

MUMBAI: The Reserve Bank of India’s (RBI) assessment not to slash interest rates has spooked real estate business facing the brunt of a housing business slowdown caused by the high cost of mortgage financing. RBI, on Tuesday, decided to keep interest rates unchanged in its third-quarter monetary policy review. Real estate companies were expecting a […]

Ispat Industry Sells Flats in Mumbai

18 January 2008, New Delhi. Ispat Industries is informally entering in to real estate industry. Ispat industry is known as a major steel producer industry and now they are planning to sell its property at Mumbai’s Peddar Road at a rate of about Rs 50,000 per sq. ft. Mr. Vinod garg, Executive director (marketing), has […]