Tag: Kochi

Dubai is showing symptoms of acute financial strain

Dubai, Asian realty‚Äôs Promised Land, is showing symptoms of acute financial strain, causing big property developers like Nakheel to lay off hundreds, tycoons like Donald Trump to delay multi-million dollar projects, and average property buyers to balk at regulations that fail to shield investors from global fluctuations. The oil-rich Gulf region, many had expected, would […]

Puravankara Projects Ltd In Talk With Overseas Private Equity For Affordable Housing Projects

Provident Housing and Infrastructure Ltd, the wholly owned subsidiary of Bangalore-based real estate company Puravankara Projects Ltd, is in talks with four overseas private equity funds to raise about seven hundred fifty crore rupees to acquire land for its affordable housing projects, a source close to the development said. “Total project cost is eight thousand […]

Parsvnath To Go Slow On Land Buys

Parsvnath Developers, the Delhi-based realtor, plans to invest up to Rs 500 crore for land acquisitions in fiscal 2009. However, it will not be aggressive in ramping up its land bank and would acquire land for its projects. In its latest quarter, the BSE-listed Parsvnath added 66 acres of land. Pradeep Jain, chairman at Parsvnath, […]

Parsvnath Plans To Invest Rs 500 Crore For Land Acquisitions In FY 2009

Parsvnath Developers, the Delhi-based realtor, plans to invest up to Rs 500 crore for land acquisitions in fiscal 2009. However, it will not be aggressive in ramping up its land bank and would acquire land for its projects. In its latest quarter, the BSE-listed Parsvnath added 66 acres of land. Pradeep Jain, chairman at Parsvnath, […]

NBCC Ready To Develop Real Estate Project In Dubai And Saudi Arabia

National Buildings Construction Corporation Ltd (NBCC), a Government of India undertaking fully owned by the ministry of urban development, is in talks to develop real estate properties in Dubai in the UAE and Saudi Arabia, the company said. If the deals go through, this would be the first time that a Government of India undertaking […]

Info Park Project In Cochin

Brigade Enterprises, a Bangalore based real estate developer has bagged 5 acres in Kochi to develop IT SEZ space. The Info Park Kochi is the IT Park developed by the Government of Kerala. Mr. M R Jaishankar, Chairman & Managing Director, Brigade Group, said, “We are glad to announce that we bagged the Info Park […]

Stars Are Selling Dream House

Bollywood celebrities don’t just peddle dreams but also dream homes. Real estate developers are now banking on the star power of the likes of Shah Rukh Khan, Amitabh Bachchan and Aishwarya Rai to endorse their projects. Deepika Padukone is the latest to join these marquee names. Aspire Real Estate, a Dubai-based developer, has signed up […]

Super luxury apartment complex planned in Kochi

KOCHI: Dewa Projects Private Ltd., a venture promoted by a group of NRIs based in Kuwait, will build a super luxury apartment complex on Marine Drive in Kochi. K. Venugoplan Nair, chairman of the company, said the project would set new benchmarks for residential property. The apartments will have a 10-year warranty. Kitchen, bathroom fittings, […]