Photo by bartmaguireIn a recent development the local partner of Mondon Investment Ltd. went bankrupt. Following the event Indian banks initiated a foreclosure proceeding against Fishman Holding’s Indian development arm project. They were to construct a mall in Ludhiana, Punjab. The project company ended up in violation of their financial covenants to banks after Mondon’s […]
By
|
Posted in Property News
|
Also tagged Arm Project, Breach of Contract, Development Arm, Financial Covenants, Fishman, Foreclosure, Hectare, Indian Banks, Indian Partner, Joint Venture, Ludhiana, Mondon, Proceeding, Punjab
|
September 25, 2009 – 1:01 pm
Knight Frank India said that prices in the residential property segment are likely to decline in a short time. Knight Frank India Chairman Pranay Vakil said, “We feel prices of residential segment may go down over a period of time”. Further he added that the residential segment may see a robust demand in certain markets […]
September 10, 2009 – 7:04 pm
Zuri Group Global is planning to invest about twelve hundred crore rupees for setting up five-star business hotels and luxury residential properties over the coming three years. The investments would have a debt-equity ratio of 70:30. The company was open to raising funds through the private equity and IPO routes. The Bangalore-headquartered company plans to […]
The financial capital Mumbai now ranks as the most preferred destination for investing in properties, while Chennai has replaced Bangalore. The survey, “Trend in residential space across top cities in the current scenario” ranked Mumbai as the most preferred destination to invest in property while in south, Chennai is in the first place for property […]
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 […]
November 5, 2008 – 5:33 am
Mumbai-based Travel India Marketing has launched a 60-room standalone serviced apartment in Malad at an investment of Rs 15 Lakh. The company has commercially opened three apartments and will open the rest within six months. It has 25 apartments with a combination of three and four bedrooms. It is targeted at corporates especially long stays […]
By
|
Posted in Property News
|
Also tagged Balcony, Bedrooms, Business Park, Corporates, India Marketing, Mumbai India, Recession, Room Crunch, Service Apartments, Serviced Apartment, Star Category, Travel Marketing
|
Hilton Hotels Corp plans to put in three hundred hotels to the existing forty seven in Asia over the subsequent decade, as the firm looks for to catch up with its competitors and cash in on the boom in business and leisure travel in India and China, a media report on 25th June said. According […]
The SRS Group declared that it will be investing over thousand crore rupees in the next three years and also come out with its public issue by the end of the current financial year. It also disclosed its three upcoming projects, which are, eight hundred crore rupees five-star hotel in Haryana, an IT park and […]
India’s second-biggest property firm, Unitech, has scrapped plans to list a US$600 million ($824 million) real estate investment trust here.Its big rival, DLF, which is India’s biggest developer, did likewise in March, announcing it would delay its listing plans.
Trashing the age-old belief that a fall in equities would result in flattening real estate prices, high net worth investors (HNI) are pushing wealth advisers for more exposure to realty assets. According to industry sources, the coming months are expected to witness the launch of real estate portfolio management services (PMS) by wealth managers. Though […]
The global sub-prime crisis will this year have the greatest impact on “mature” property markets in the Asia-Pacific region, leading to an overall decline in investments, international property consultant Jones Lang LaSalle predicted Tuesday. Direct commercial real estate investment in Asia Pacific reached a new high of 121 billion dollars in 2007, up 27 per […]
The real estate sector has hogged the attention among favored investment avenues for a host of venture capital funds (VCFs) and foreign venture capital investors (FVCI) during the preceding fiscal. Amongst different sectors, together with IT and telecom, real estate alone attracted twenty percent of the total investments made by both VCFs and FVCIs during […]
By
|
Posted in Property News
|
Also tagged Exchange Board, India, Investment Avenues, Last Investments, Real Estate Sector, SEBI, Service Sector., Telecom, VCF, Vcfs, Venture Capital Investors
|
Global real estate consultant DTZ announced on 21st may that it has appointed Anshul Jain the CEO of India operations with effect from August 1. “As we continue to successfully grow our India business, I am delighted to welcome Anshul to guide the team. The move demonstrates DTZ’s promise to the India story as we […]
BANGALORE: Realty marketing and consultancy firm Asipac Projects is close to putting together a real estate fund, in association with a few institutional investors. The move by the company , aimed at widening the scope of the company’s services is part of a series of initiatives that will roll out in the coming months. According […]
February 29, 2008 – 2:42 am
NEW DELHI: Following are the highlights of pre-Budget Economic Survey 2007-08 presented in Parliament on Thursday * FY’08 economic growth at 8.7%, against 9.6% a year ago * Inflation rate to decline from 5.6% in FY’07 to 4.4% in ’08 * Holding 9% growth a challenge, two digit growth even greater * Inflation and infrastructure […]
By
|
Posted in Property News
|
Also tagged Attrition, Budget Economic Survey, Capital Inflows, Commodity Prices, Dearth, Domestic Investment, Economic Survey, FDI, Food Credit, Forex Reserves, Inflation Rate
|
February 2, 2008 – 4:27 am
NEW YORK: There is a very well-built interest in China and India but US real estate maintains at top of the worldwide property market ventures among foreign investors, according to the annual review by the Association of Foreign Investors in Real Estate (AFIRE). There is a meaning in the findings since Washington-headquartered AFIRE always finds […]
By
|
Posted in Property News
|
Also tagged Bangalore, Credit Crunch, Dominance, Foreign Investors, International Investors, London Paris, Merrill Lynch, Mumbai, Promising Markets, Real Estate Investment, Real Estate Sector, Shanghai., Worldwide Cities
|
January 28, 2008 – 7:06 am
Sobha Developers is coming up with a residential project of 156-unit on the outer ring road Hebbal in north Bangalore. The project coming up on a 4.5 acre patch located behind the BEL corporate office on the outer ring road will attract a market-estimated investment of over Rs 100 crore. Mr. Raghav Menon, vice president […]
By
|
Posted in Property News
|
Also tagged Apartment, Bangalore, Houses, Investment Project, Menon, outer ring road, Raghav Menon, Residential project, Residential Projects, Residential Space, sobha developers, Sobha Petunia
|
January 28, 2008 – 6:56 am
Jan 15’ 08, Mumbai. Reliance Power’s mega Initial Public Offering (IPO) worth Rs 11,700 crore was fully subscribed within minutes of the start of book building process. In fact, it was oversubscribed. It has received bids five times more than expectations. According to the market analysers, Reliance IPO will start with a busy period of […]
By
|
Posted in Property News
|
Also tagged Aspirations, Crore, Doshi, Euphoria, Execution Capabilities, Grey Market, Including Real Estate, Infinity, Initial Public Offering, Initial Public Offering Ipo, Investment Manager, Rajesh Jain, Reliance IPO, Reliance Power, Retail Customer, Retail investor, Retail Investors, Rupees, Smc, Term Gain, Thomson Financial, Worth Rs
|
Latest Properties