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 to [...]
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 [...]
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 manish
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Posted in Property News
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Also tagged Exchange Board, India, Investment Avenues, Last Investments, Real Estate Sector, SEBI, Service Sector., Telecom, VCF, Vcfs, Venture Capital Investors
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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 continue [...]
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 to [...]
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 biggest growth challenges
* Skill [...]
By manish
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Posted in Property News
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Also tagged Attrition, Budget Economic Survey, Capital Inflows, Commodity Prices, Dearth, Domestic Investment, Economic Survey, FDI, Food Credit, Forex Reserves, Inflation Rate
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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 it [...]
By manish
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Posted in Property News
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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
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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, [...]
By Rajani
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Posted in Property News
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Also tagged Apartment, Bangalore, Houses, Investment Project, Menon, outer ring road, Raghav Menon, Residential project, Residential Projects, Residential Space, sobha developers, Sobha Petunia
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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 [...]
By Rajani
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Posted in Property News
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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
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