Until a few decades ago, people came to Bangalore essentially for the horse races. Once the racing season was over, the city emptied out. Bangalore had little else to offer. Today the racecourse has been moved out of the city—a former chief minister’s dream of erecting a 100-story commercial tower à la Singapore in the […]
Overseas investments by Indian companies stood at USD 2.77 billion in March, up 37.6 percent over the previous month, with Binani Industries, Mercator Lines, HCL Technologies, Varun Shipping, Hexaware Technologies, and Tata Steel emerging as major investors. As many as 489 overseas investment transactions were carried out by various companies in March, as per the […]
Indian private lender Dhanlaxmi Bank said it does not plan to shut down branches or shrink operations, but has initiated steps, including salary cuts, to control costs as it grapples with pressured margins. “We have no plans to shut down any of our branches. We want to grow,” PG Jayakumar, the bank’s chief executive, told […]
While Dubai remains a hot and one of the favourite destinations of Bollywood. It has definitely fascinated other strata of India as well. As per the Dubai real estate data, No other national has purchased property to the tune Indians have in 2011. Indians have topped the list of first-time property buyers in Dubai in […]
According to the report, leaked to the Times of India newspaper, the primary beneficiaries were about 100 private and state companies that were handed contracts for 155 coal fields between 2004 and 2009 without going through a competitive bidding process. The report said that $210 billion — five times India’s annual defence budget — was […]
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Posted in Property News
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Also tagged China, Coal Minister, Coal Scandal, government auditors, Indian Parliament, mother of all scams, private excavation companies, Real Estate, south western Karnataka, sports industries, Sriprakash Jaiswal, telecommunications, the United States, Times of India, western Goa state
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Photo by raman..exploring myself..A Real Estate firm Embassy Developers is expected to generate over 513 million US Dollars as said by their Prospectus which was filed today. This will be done through an initial public offering of shares. The draft is available on the Edelweiss website. The lead running managers for the issue are Nomura, […]
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Also tagged Banks, developers, Edelweiss, Initial Public Offering, Investment Bank, IPO, Money, Nomura, Power Grid, Prospectus, Real Estate Firm, Retail Investors, Reuters, Rupees, Share Sales, Shares, Thomson, Time Line, Ubs
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PtIndian Real Estate Market has grown with time. The main reason for the accelerated growth can be contributed to the fact that the industry is very flexible in nature. The development has caused higher aspirations for better standards of living and a good quality of life. The rapid increase has been because of the relaxed […]
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Also tagged Agriculture Industry, Business/Finance, Economic Development, Economy Of India, Education in India, Fortune 500 Companies, Industrial Spaces, Operational Base, Preferred Location, Real Estate, Real Estate Investment
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January 9, 2009 – 12:38 am
With reduction in land prices , an average 30% across India in the past 6 months, many medium-sized developers are trying to renegotiate the joint development agreements, they had signed with landowners earlier. “Renegotiations have definitely started happening now with a drop in land prices,” says Cushman & Wakefield director (land & industrial) Manish Aggarwal. […]
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Also tagged Bangalore, Cushman, Development Agreements, Internal Rate Of Return, Landowners, Parameters, Private Equity Partners, Rate Of Return, Real Estate Developers, Realty Cos, Wakefield
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January 5, 2009 – 4:27 am
The wish of millions of middle-class Indians to own a home remained just a pipe-dream as soaring prices and builders’ keenness to focus on exclusive gated communities shut them out of the market. It could change because bank loans become cheaper. More middle-class Indians can hope to get a step on the housing ladder in […]
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Also tagged Bank Loans, Blind Faith, Earnings, Financial Asset, Gated Communities, Genuine Buyers, House Prices, Indians, Interest Rates, Ladder, Market Collapse, Pipe Dream, Punters, S 300, Speculators, Stock Market, Unsold Stock, Wealthy Investors
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December 17, 2008 – 7:47 am
PropertyWala.com has been voted India’s best real estate website for the year 2008. The Website of the Year awards are the largest annual ‘people’s choice’ website awards and have organized since 2004 by MetrixLab, an independent online market research agency, in association with Neilsen Online. Over 1.5 million Internet users from India participated in this […]
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Also tagged Advertising Services, Awards, Best Real Estate, Buyers And Sellers, Choice Website, Convenience, Detailed Description, Estate Sellers, Execution, India Abroad, Indian Real Estate, Market Research Agency, Multitude, Parent Company, Proper Implementation, Property Advertising, Real Estate Web, Web Portal
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December 11, 2008 – 6:05 am
A high-profile investment property show has been re-scheduled for next year following last month’s terror attacks in Mumbai. Organisers said Cityscape India will be held from December 9 to 11 in 2009 at the Bombay Exhibition Centre. Cityscape 2008, planned for the same dates and venue this year, was called off after militants killed more […]
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Also tagged Bombay, Cityscape, Donald Trump, Donald Trump Jr, Exhibition Centre, High Profile, Indian Investment, Investment New, Investment Property, Mumbai India, New Date, Organisers, People, Terror Attacks, Tourist Sites
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December 9, 2008 – 5:41 am
Transparency in real estate sector seems to be improving. According to the Jones Lang LaSalle – 2008 Real Estate Transparency Index, India now holds the 50th position out of 82 markets globally. Countries are grouped into bands such as Highly Transparent (Tier 1) and Opaque (Tier 5). India has moved up from Tier 4 (Low […]
December 6, 2008 – 1:42 am
India is emerging as a giant in the field of real estate due to its incredible architectural developments and breathtaking designs. India is emerging as the international hotspot for property and the demand for real estate is so intense that property prices have increased considerably over last 3-4 years. The reason behind this growth is […]
December 5, 2008 – 6:10 am
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 […]
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Also tagged Business Strategy, Buying Spree, Confusion, Debts, developers, Estate Business, Expansions, Fi, Financial Trouble, Full Swing, Global Economic Slowdown, Half Year, Housing Projects, Market Scenario, S Real Estate, Sahara, Term Business, Unprecedented Pressure, Volatile Market
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November 28, 2008 – 1:02 am
The terrorist attacks on Mumbai are likely to further pull down the sagging property prices in the city, especially in South Mumbai. South Mumbai, the most expensive property market is expected to face a dip in value across all segments, including rentals, in the next half year. “It’s is too early to say anything now. […]
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Also tagged Birla Sunlife, Dampener, Half Year, Knight Frank, Negative Sentiments, Property Consultants, Property Deals, Real Estate, Ripple Effect, Second Half, South Mumbai, Suburban Market, Terrorist Attacks
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November 14, 2008 – 3:42 am
Saviour Group, a company dealing in land acquisition and consolidation, has declared that it will soon launch an eco-friendly real estate project named Greenisle on Expressway (NH-24), Ghaziabad. The project, to be spread over six acres, promises to be India’s best evergreen real estate project, according to company directors, Mr Iqbal Singh Sodi, Mr Lakhbir […]
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Also tagged Benefit, Company Directors, Environmental Impact, Evergreen Real Estate, Ghaziabad, Iqbal Singh, Land Acquisition, Nascent Stage, Rastogi, Real Estate Project, Saviour
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October 24, 2008 – 8:39 am
Sales at Parsvnath Developers’ in the festival season of Diwali are down to half from a year ago, but the real estate developer does not plan price cuts to boost sales, its chairman said. High interest rates on home loans and central bank rules forcing banks to assign a higher risk weight to real estate […]
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Also tagged Banks, Cash Flows, Diwali, Financial Institutions, Fiscal Year, High Interest Rates, Home Loans, Liquidity, Parsvnath Developers, Real Estate Developer, Real Estate Loans
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October 22, 2008 – 5:18 am
Uncertainty in the equity market seems to be paving the way for newer investment opportunities. Private equity (PE) players have been quick to recognize these. Of late, their attention seems to have shifted from the most-talked about sectors like real estate and financial services, which were the flavour of the season till some time ago, […]
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Also tagged Business Sense, Education Health Care, Financial Services, Indian Economy, Infrastructure, Investment Interest, Investment Opportunities, Investors, Logistics Warehousing, Private Equity, Real Estate Sector
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October 4, 2008 – 12:56 am
Entering the market in possibly the toughest time, the GMR Group has invited bids for building hotels at its proposed 45-acre hospitality district near the upcoming airport in Delhi. The Delhi International Airport Pvt Ltd (DIAL) had planned to raise Rs 2,750 crore from this district in 2008 when the plan was first floated and […]
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Also tagged Acre Plot, Ahead, Bidders, Budget, Conference Hotel, Controversy, Crunch, Delhi Airport, Delhi International, Financial Markets, Gmr Group, Hospitality, Hotels, Infrastructure, Real Estate, Security Deposit
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September 24, 2008 – 6:09 am
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 […]
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Also tagged Avenues, Barbil, Core Business, Cuttack, Estate Business, Franchisees, Hassle, Intra State, Kerala, Orissa, Presence, Property Transaction, Property Transactions, Pune, Real Estate Bank, Real Estate Transaction, Real Estate Transactions, Related Services, West Bengal
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August 29, 2008 – 2:17 am
Millennium Spire Limited, an “Alternative Strategies Fund” under the U.K.-based Millennium Global umbrella, on Thursday announced its foray into the Indian real estate sector unveiling its maiden platform for developments in the Indian market, Spire World, a platform that would drive development of mainstream green projects of Millennium Spire in the country. The unveiling of […]
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Also tagged Better Sense, Commercial Advantage, Eco Office, Foray, Indian Real Estate, Jaipur, Joint Venture, Launch, Managing Director, Manesar, Millennium Spire, Newsmen, Real Estate Sector, Superiority, Umbrella, Uniqueness, Viability
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August 29, 2008 – 2:16 am
Singapore-based private equity firm, Millennium Spire Ltd-MSL announced investment of $200 million in India’s realty sector in next one year. MSL Managing Director, Ashish Bhalla reportedly said that the company would invest in real estate projects in the national capital region and Coimbatore in mix use complexes, IT parks, residential and commercial areas. The company […]
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Also tagged Coimbatore, Commercial Areas, Edge Project, Estate Projects, Investments, Joint Venture, Managing Director, Manesar, Millennium Spire, Millennium Spire Ltd, Private Equity Firm, Public Private Partnership, Real Estate Sector, Singapore, State Governments, Townships
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The real estate sector in India has now become one of the most important sectors in the recent times, thanks to the rising prices of land. Today real estate sector has become a reckoning force in the economy of India. This sector which till few years back were unknown to most of the investors and […]
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Also tagged Dynamic City, Economy Of India, Entire World, Haryana, Kolkata, Metropolitan Cities, Nariman Point, Ncr, Property Developers, Real Estate Boom, Real Estate Developers, Real Estate In India, Real Estate Sector, Shopping Malls
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Red Fort Capital, a Cayman Islands-based private equity fund focused on real estate development, is in the advanced stages of negotiations with six developers for projects worth Rs 40 billion in the metropolitan areas across India. The fund will be developing an information technology park in Kolkata with Godrej Properties, with Red Fort holding a […]
Ian Hendersen, Chairman, Ishaan Real Estate, said, “Investment in the initial portfolio of assets is being completed, largely according to a plan, and the increased net asset value replicates the strong demand for our properties and the huge potential of the Indian property market”. IRE is the holding company of K Raheja Corp floated in […]
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Also tagged Alternative Investment Market, Hendersen, Ishaan, K Raheja, Overseas Markets, Park Projects, Raheja Group, Real Estate Sector, Residential Projects, Retail Ventures, Sezs, Shopping Malls, Southern India
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