February 22, 2013 – 8:26 am
Leaving the proposed buyers to greater anguish and distress, Haryana Urban Development Authority (HUDA) postponed the plot allotment in Gurgaon. The buyers’ wait gets longer and longer and there appears no end for the wait as Haryana Urban Development Authority (HUDA) has postponed the plot allotment for an indefinite period. HUDA has not announced the […]
November 22, 2012 – 6:56 pm
Real estate developer group Homestead’s recent endorsements with Maria Sharapova and Michael Schumacher are noted as a new beginning of real estate in India. Real estate builders have now become capable of bagging global stars to endorse their projects. However they are mainly concentrating on residential projects. Tennis star Maria Sharapova and F1 legend Michael […]
Capital values rose in Gurgaon’s residential sector over the last one year. Developers are now going slow on execution of real estate projects, resulting in a drop in supply of residential apartments in most prime markets. Emerging residential areas are still not able to meet the huge housing demand. Due to rampant construction delays, the […]
By skgupta
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Posted in Property News
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Also tagged commercial property sectors, developers, Dwarka Expressway, Emerging residential areas, Golf Course Extension, Gurgaon’s residential sector, huge housing demand, major global players, Manesar and Dwarka, mid-income buyer group, National Highway 8, prime markets, promising for office space, rampant construction delays, safe investment bet, Sector 78, Sectors 70
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Farmers of Ullawas village, Gurgaon decided to move to High court of Punjab and Haryana to reclaim land leased for 33 years to the Rajiv Gandhi Charitable trust in 2009. The land was leased for setting up a charitable eye hospital on 5 acres of Panchayat land. They have also decided to move court to […]
December 8, 2010 – 11:18 am
The realty sector probably has the maximum rate and volume of investments and the number of investors. In contrast to the various Securities and Exchange Board of India regulations aiming to protect the capital market investors, real estate development regulation has mostly been neglected. Current scenario holds that the Indian developers buy land; obtain clearances […]
August 21, 2009 – 6:25 pm
The global economic slowdown has provided end users a unique opportunity to buy their sweet homes as prices in many areas in National Capital Region have fallen steeply. Apartments are now available in some markets at almost 50 percent of the prevailing price a couple of years ago. The average price in Gurgaon has fallen […]
January 11, 2009 – 11:32 pm
Unitech, India’s second largest listed real estate company, is looking at restructuring a Rs 800-crore loan from public sector banks, as it attempts to save itself from sinking under the huge debt burden. The company is pinning its hopes on debt restructuring, asset and stake sales to private equity (PE) funds to pay a debt […]
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Also tagged Bank Of India, Commercial Real Estate, Company Executive, Debt Burden, Debt Restructuring, Land Banks, Land Dues, Land Parcels, Non Performing Assets, Private Equity, Public Sector Banks, Rbi Directive, Rbi., Realty Firms, Reserve Bank Of India, Unitech
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November 20, 2008 – 1:29 am
In a bid to seemingly boost its cash reserves, DLF, India’s largest real estate company, has requested the Haryana government to refund license fees worth Rs 235 crore for various commercial and residential projects in Gurgaon. In two separate letters to the state government’s director of town and country planning department, DLF requested the authority […]
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Also tagged Agricultural Land, Cash Crunch, Cash Reserves, Commercial Projects, Country Planning Department, Government Charges, Haryana Government, K P Singh, License fee, Partial Withdrawal, Residential project, Residential Projects, Town And Country
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November 18, 2008 – 3:44 am
Unitech repays Rs 200-crore loan to Indiabulls Financial Real estate player Unitech has managed to raise around Rs 200 crore through partial monetisation of assets and internal debt restructuring within the group to pay back the 45-day debt taken from Indiabulls Financial Services (IBFSL). The deadline to pay back the debt was November 17. Sources […]
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Also tagged Assets, Avenues, Bombay Stock Exchange, Collaterals, Debt Restructuring, Escrow, Home Loan Rates, Indiabulls Financial Services, New Delhi, Private Equity, Real Estate Developers, Real Estate Sector, Saket, Slowdown, Unitech
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October 16, 2008 – 6:13 am
Real estate firm TDI Infrastructure plans to invest Rs300 crore in developing two township projects over the next 4-5 years. “In the next six months, we will be launching two residential townships in Indore and Meerut spread over 150 acres each. Once all regulatory issues are solved, we will start construction,” TDI Infrastructure Managing Director […]
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Also tagged Banking System, Construction Solutions, Constructions, Disbursement, Indore, Infrastructure, Liquidity, Plot Owners, Private Equity, Quality Products, Regulatory Issues, Taneja, Townships
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August 27, 2008 – 2:53 am
The largest real estate company by market share DLF Ltd is planning to raise Rs 10,000 crore over the next one year. The shareholders will pass an enabling resolution to this effect in the next annual general meeting which will be held on September 30. According to a DLF spokesperson, “This is a normal procedure […]
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Also tagged Agm, Chennai, Dlf, Earning Per Share, Equity Share, Indore, Market Share, Maximum Price, Proposal, Rajarhat and Kochi, Share Price, Shareholders, Stock Exchange, Stock Prices
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August 23, 2008 – 2:14 am
Office rental prices are unlikely to see any major fall across the country’s three major business hubs National Capital Region, Mumbai and Bangalore even as the commercial realty markets in these areas are expected to witness a significant surge in supply, a leading real estate consultancy firm said. While Bangalore is expected to witness further […]
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Also tagged Asia Pacific Region, Bangalore, Cbre, Commercial Realty, Commonwealth Games, Delhi Ncr, Hubs, Leading Real Estate, Mumbai, Office Space, Rental Values, South Delhi
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August 20, 2008 – 9:36 am
Mumbai has come into view as the most preferred destination for logistics and warehousing companies with proposed investments for setting up logistics parks in the city touching around Two hundred million dollar (Rs872 crore), a report said. In spite of their lack of support infrastructure, smaller cities such as Nagpur in Maharashtra, Gurgaon in Haryana, […]
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Also tagged Ahmedabad, Alwar, Ambala, Bangalore, Cushman And Wakefield Inc, Estate Consultant, Indore Ambala, Jamshedpur, Jamshedpur and Alwar, Logistics Company, Nagpur., National Highways, Promising Locations, Realty Development, Support Infrastructure, Tier Ii, Visakhapatnam
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August 12, 2008 – 4:20 am
Real estate firm SRK Group is planning to invest Rs 5,000 crore in developing various properties across the country over the next five years with plans to expand to new cities. “The group has identified many projects in south India and other parts of the country to pump in about Rs 5,000 crore in the […]
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Also tagged Ahmedabad, Ambulance Services, Chennai, Commercial Projects, Delhi, Healthcare Facilities, Housing Units, Kerala, Pune, Rasheed, Real Estate Firm, Residential Projects, South India
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DLF Ltd. and Unitech Ltd. fell in Mumbai trading after Credit Suisse Group cut its ratings for the stocks on concern new projects may be delayed as demand wanes and funding costs rise. DLF dropped 2.4%, the most in eight days, to 446 rupees at 10:40 a.m. local time. Unitech, based in Gurgaon, declined 2.5% […]
In what would be the first major fund infusion into the Emaar MGF Group after a failed IPO, one of its promoters, Dubai-based Emaar is learnt to be investing $150 million to pick 20-25% stake each in three real estate projects of Emaar MGF. This would be separate from its equity contribution in the JV […]
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Also tagged Commercial Projects, Commercial Retail, Emaar Mgf, Home Buyers, Hospitality Sector, IPO, JV Partner, Lehman Brothers, Market, Private Equity, property, Realty Firms, SPV
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According to latest report by global realty consultant CBRE office rentals in Gurgaon have declined by up to 8 % in the second quarter of 2008 owing to increase in supply and softening of demand for office space. “Gurgaon market has undergone a 5-8 % correction in the office and IT rentals from their peak […]
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Also tagged Cb Richard Ellis, Commercial Plot, Cyber City, Delhi Metro, Golf, Golf Course Road, Market Trend, Mg Road, Noida Authority, Office Space, South Delhi
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Real estate company JMD said on 19th June it has roped in property consultancy firm Cushman & Wakefield for an enterprise valuation, in line with its plans for a Rs 200-300 crore public issue in coming 4-6 months. JMD also hopes to raise a similar amount through private equity, for which it has already initiated […]
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Also tagged Brand Experience, Capital Markets, Commercial Space, Cushman, Debt Equity, Foray, Hotels In Goa, JMD, Ludhiana, Property Consultancy Firm, Regent Square, Wakefield
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Prudential Real Estate Investors on 17th june pronounced that it has launched a joint venture with Beekman Helix India Partners LLC (BHI) to invest in real estate in India. Through its fresh private equity real estate podium, the venture strategy to embark on a plan to make real estate funds for institutional clients. Prudential Real […]
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Also tagged Delhi Ncr, India, Prudential Financial, Prudential Financial Inc, Prudential Forms JV, Prudential Real Estate Investors, Real Estate, Real Estate Investment, Real Estate Investment Companies, Real Estate Investment Management, Residential Development
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NEW DELHI: The Munjal family, known for the two-wheeler business, is planning for real estate business. After announcing a tieup with the world’s largest commercial vehicle maker Daimler, the company has lined up major plans in the real estate sector that comprise developing residential townships, industrial parks, hotels, resorts and leisure centers all over the […]
March 12, 2008 – 12:21 am
Delhi-based Business Parks and Town Planners (BPTP) bagged a 95-acre commercial plot at Sector 94 in Noida for incredible Rs 5006 crore from the Noida authority. It is strategically located close to Delhi. It will be around 16 km from Connaught Place and around 10 km from south Delhi via the DND flyover.
January 28, 2008 – 7:02 am
19 January 2008. Emaar-MGF today introduced its new concept of style guide. This concept is named as “Street of Dreams”. It offers the buyers a preview of their concept villas, penthouse and apartments. Main aim of street of dreams is to provide different varieties to its customers. For this purpose, it has designed a style […]
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Also tagged Amritsar, Architects, Commercial Space, Concept villa, Corporate Communications, Emaar-MFG, Flagship Project, Housing Units, Hyderabad, Initial Public Offer, Jalandhar, Mediterranean, Mohali hills, Penthouse, Punjab, Southern Spain, Street of dreams
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