October 3, 2009 – 5:31 pm
UK-based investment group Duet’s Indian hospitality arm Duet India Hotels is looking for more land to expand its portfolio and add more than thirteen hundred rooms by the end of this financial year.
The group plans to develop 20- 30 mid- scale and upper middle segment hotels with around five thousand rooms in the next 2-3 [...]
October 3, 2009 – 5:29 pm
Mr K Rosaiah, Andhra Pradesh Chief Minister, inaugurated the fourth International Landscape and Gardening Expo 2009. About hundred exhibitors from fifteen countries, including the US and Australia, are taking part in the event. A conference, `Plants, Places and People’, would be held at `Visvesvaraya Bhavan’ on 3rd October. It would focus on improving quality of [...]
PropertywalaProvident Housing is a fully-owned subsidiary of the Bangalore-based Puravankara Group. Provident housing is learnt to have bought a 62-acre land parcel in the outskirts of Bangalore. The deal is believed to have been struck for a value of 150 crore rupees. The deal between Provident Housing and the seller, who is an individual, [...]
Real estate monitorThe government department responsible for the promotion of industry is proposing easier rules to allow overseas investors to be part of smaller real estate projects and lower capitalisation norms for those which involve facilities in hospitality or tourism sector.
The department of industrial policy & promotion, which handles the FDI policy, in a note [...]
August 22, 2008 – 6:15 am
A 995 sq ft apartment in Bangalore for Rs 19 lakh! This is the price at which Golden Gate Properties is offering two-bedroom apartments at ‘The Commune’, its affordable residential project in Bangalore.
“The project aims to fill the need-gap that has risen in the market owing to spiraling real estate costs,” said Mr K. Pratap, [...]
By rajani
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Posted in Property News
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Also tagged banglore, Club Houses, Construction Technology, Gap, Golden Gate Properties, Housing Solution, Kindergarten School, Labour Requirements, Medical Centre, Pratap, Project Tag, Residential project, Retail Centre, Tech Construction, Three Bedroom Apartments, Two Bedroom Apartments
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Tata Housing Development Company Ltd., a fully-owned subsidiary of Tata Sons, announced its foray into the North Indian realty market with the launch of a residential property in neighboring Gurgaon. “Raisina Residency will be jointly developed by Tata Housing and Raheja Builders. Aedas, one of the top five architects in the world, has designed this [...]
By rajani
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Posted in Property News
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Also tagged Aedas, City Landscape, Development Company Ltd, Foray, Housing Development, Housing Project, Kolkata, Raheja Builders, Realty Market, Tata Housing, Tata Sons, Three Bedroom Apartments
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India’s emergence as a leading IT and ITES destination has witnessed a huge demand for high quality office space. Again, the dependence on one sector could also have a serious impact. Knight Frank’s Vakil said that there is already a slowdown as far as commercial property is concerned.
The scenario presents a few interesting constituents. Vakil [...]
By rajani
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Posted in Property News
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Also tagged Bangalore, Commercial Plots, Commercial Space, Future Group, India, Kishore Biyani, Knight Frank, lease, Office Space, Outright Purchase, Residential Plots, Slowdown, Vakil
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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 to [...]
By rajani
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Posted in Property News
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Also tagged Banks, Boom, Elections, Estate Business, India, Investments, Investors, Non Residents, NRI, Polls, Rate Of Interest, Real Estate, Telengana
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Hyderabad-based Country club ltd. is now ready to expand its horizon through getting hold of properties in Dubai and Bangkok.
People close to the deal told Business Line that Country Club is in advanced stages of negotiation to buy an existing hotel property in Dubai. The sources said that the price of property will be near [...]
Real estate in Hyderabad is witnessing a boom and the demand for residential & commercial properties has taken a quantum leap. Hyderabad is fastest growing cities in India is experiencing a rapid need for enhancement in infrastructure.
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 business last [...]
February 26, 2008 – 6:38 am
Delhi-based tier II realty player Eldeco Group is in discussions with AIG and Merrill Lynch for raising $200-250 million from a clutch of private equity (PE) investors. As part of the plan, Eldeco has already raised some funds from Xander PE. Sources said group company Eldeco Infrastructure & Properties (EIPL) was in the market for [...]
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 [...]
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 [...]
January 28, 2008 – 7:07 am
Uppal Housing Ltd has planned to raise Rs 3000 crore fund through IPO i.e. Initial Public Offering of shares and pre-initial public offering placement this year for its ongoing projects. This plan will come to reality in second half of this year. Mr. Ajay Mangal, Director, Finance, Uppal Group said, “We are looking to dilute [...]
By rajani
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Posted in Property News
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Also tagged Goldman Sachs, Housing Company, Initial Public Offering, IPO, Merchant Bankers, New Delhi, Private Equity Firms, Public Issue, Special Economic Zone, Uppal, Uppal Housing Pvt Ltd
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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 [...]
By rajani
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Posted in Property News
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Also tagged Amritsar, Architects, Commercial Space, Concept villa, Corporate Communications, Emaar-MFG, Flagship Project, Gurgaon, Housing Units, Initial Public Offer, Jalandhar, Mediterranean, Mohali hills, Penthouse, Punjab, Southern Spain, Street of dreams
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