August 12, 2008 – 4:23 am
With the stock markets down in India, the realty market here offers a reliable investment avenue.
There are three reasons why NRIs invest in India — they remit money for family expenses or investments or for maintaining their bank accounts and investments here.
According to RBI records, NRIs’ annualised remittances to India have grown from $26 billion [...]
By rajani
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Posted in Property News
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Also tagged Ahmedabad, Asset Class, Bank Accounts, Dlf, Family Expenses, Investment Destination, Investments, Joshi, K Raheja, Mumbai, Non Residents, Prominence, Real Estate Investment, Real Estate Investment Company, Realty Market, Remittances, Stock Markets
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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 [...]
ABS Hotels India is all set to launch a budget brand ‘Smart Hotels’ with plans to open it in eight cities within the next two years at an investment of Rs 100 crore. Ashok Aneja, the group’s chairman, informed that the group wants to expand in the budget and resort markets.
“Smart Hotels will come up [...]
By rajani
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Posted in Property News
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Also tagged ABS Hotels, Aneja, Ashok, Bengaluru, Bhopal, Budget Brand, Corbett National Park, Dehradun, Gujarat, Gwalior, Jaipur, Jim Corbett National Park, Lucknow, Pune, Resort Markets, Three Star Hotels
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Berggruen Hotels is scaling up its plans for India and proposes to set up 8-10 four-star hotels, adding to the investments it has already announced to develop budget hotels, service apartments and resorts under the Keys brand name.
By rajani
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Posted in Property News
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Also tagged Berggruen, Berggruen Holdings, Budget Hotel, Car Rental Company, Four Star Hotels, Hedge Fund, International Markets, Japanese Architect, Service Apartments, Star Property, Stock Markets, Thiruvananthapuram
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Margao, March 7 The Associated Chambers of Commerce and Industry of India requested the State government to reconsider its decision on Special Economic Zones and advocated creation of at least of three SEZs, in Goa.
Three SEZs in bio and nano-technology, food processing and solar energy will help Goa attract investments up to Rs 50,000 crore [...]
Yoo by Strack is now ready to enter in Indian real estate market. The company is coming here with a huge residential project worth one thousand five hundred crore in Pune. The local partner of the company will be panchshill realty. The project will cover over 21 acres of lands and in the first phase [...]
February 1, 2008 – 1:38 am
30 January, 2008, New Delhi: DLF Ltd. has reported a quarterly consolidated net profit of 21.45 billion rupees ($544.4 million) on Wednesday. It assured that the growth will remain robust on strong demand. Mr. Rajiv Singh, Vice Chairman, told the reporters “There is no decrease in demand. People have realized that while interest rates may [...]
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