Anand Rathi Financial Services and property consultancy Knight Frank India are planning to launch their second real estate fund by end of this months and looking to raise around Rs 500 crore (~$100 million), sources close to the development told VCCircle. Unlike its peers who are hitting foreign shores to raise new funds, the joint fund rental yield […]
The number of high net worth investors (HNIs) and corporates seriously looking to invest in Indian office space has increased manifold in the last few years. Mumbai continues as India’s numerous office space investment destination, with companies from all over the world unerringly zeroing in on the financial capital. As South Asia’s only true financial […]
Healthy order book, strong balance sheet and the potential to unlock value from real estate projects make Unity Infraprojects a decent investment idea on a medium-term basis. Mumbai-based Unity Infraprojects is a small-sized construction firm operating in buildings, water and roads segments. The company is also developing real estate on its land parcels in Nagpur, Bangalore, Pune, Kolkata […]
While demand for residential space was mostly sluggish in 2011, demand for office and retail space remained healthy in Bangalore. The market for commercial space is estimated at 50 mil sq. ft. across the country. The average yearly absorption rates in Bangalore and NCR are about nine mil sq. ft. While six mil sq. ft. […]
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Also tagged Bangalore, Chennai, Commercial Space, DTC, Hyderabad, IT & ITES sector, Jones Lang LaSalle India, Kalyani Developers, Karun Varma, MNC IT companies, Ncr, Office, Residential Space, Shrinivas Rao, Vestian Global Workplace Services
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In a recent report, Jones Lang LaSalle said that Mumbai seems to be in a tighter spot with Rs275 billion being sunk in land since FDI (foreign direct investment) was allowed in real estate in 2005; most of which has failed to yield returns. Even many investments done in South Bombay once named as one of the […]
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Also tagged Budget, Census Directorate, DCR, development control rules, Home Buyers, Jones Lang Lasalle, Maharashtra, MD, pankaj kapoor, Rbi., Reserve Bank Of India, Stamp Duty
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Trump’s eponymous real estate group expects to sign multiple deals for Indian residential projects and hotel contracts over the next five years, despite a market riddled by regulatory uncertainty and bureaucratic red tape. “India, among other emerging markets, is the biggest push for our organisation,” Donald Trump Jr, an executive vice president of The Trump […]
The sale of Leela Kempinski Kovalam was among the top 10 hotel deals in Asia during the past one year, shows data from the US-based research firm Real Capital Analytics. Real Capital, which tracks and analyses real estate deals worth over $10 million across apartments, hotels, retail, industrial, office and development projects over the world, […]
The Indian property market will see more investment from overseas this year as it still remains an attractive investment destination globally. In a recent report, property broking and real estate consulting firm Jones Lang LaSalle said the Indian property market is poised to attract about US$3 billion, almost double last year’s US$1.6 billion, from overseas […]
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Also tagged Bhopal, Chennai, Dubai, Dubai-based, Home Buyers, HONG KONG, Indian property market, Indian Property Sector, Indian Property Show, Jones Lang Lasalle, National Housing Bank, NHB, Real Estate, Reserve Bank Of India, Singapore, South Africa, Sumansa Exhibitions, Suntec Exhibition Centre's hall, two-day exhibition, Uk
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Indian property investor Blue Mountain Real Estate Advisors has been selected as the preferred bidder for 42 Marriott hotels throughout Britain after it offered almost 750 million pounds, a media report has said. The holding company for the portfolio of hotels collapsed under the weight of about 900 million pounds of debt, most of it held by Royal […]
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Also tagged 42 Marriott Hotels, Blue Mountain Real Estate Advisors, Grosvenor House, India Blue Mountain group, Indian investor, Indian property, RB Capital, RBS, Royal Bank of Scotland, Sahara, Uk
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The real estate sector in Bangalore has grown to a large extent in the past one year. In the year ahead, the city’s realty is expected to grow by 25 per cent as per the CREDAI estimation. “We are expecting the realty to grow by 25 per cent in the coming year. Last year too […]
Gudi Padwa, a festival which earmarks new beginnings and new hopes to everybody’s life. Hence many builders announce their new projects at this point of time taking into consideration the sentiments of the local market. The festival is widely celebrated in the state of Maharashtra and as for common people in India, a home is a […]
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Also tagged affordable housing projects, Crr, Gudi Padwa, Indian Realty Sector, Maharashtra, New Projects, New Urban Family Sector, Pune, Rbi., Residential Properties, Sakal Gudi Padwa Grihotsav 2012, Union Budget 2012
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The exhibition will exhibit around 300 projects by over 70 developers along with the coming projects and infrastructural development in Mumbai, Pune, Jaipur and Bengaluru. The exhibition is for two days( 3rd March 2012 and 4th March 2012) and will give a proper snapshot of the real estate industry which will be helpful to those […]
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Also tagged ( 3rd March 2012 and 4th March 2012), 300 projects, 70 developers, Bengaluru, coming projects, Commercial, Dubai-based company, excellent investment, exhibit, growing tremendously, homebuyers, HONG KONG, Indian Real Estate Exhibition, infrastructural development, Jaipur, Pune, Residential Sectors, Sumansa Exhibitions, two days, Weekend, www.indianpropertyshow.com
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December 9, 2010 – 12:01 pm
On Wednesday, Bombay High Court asked the controversial Adarsh Housing Society to submit a list of its original members, along with existing members. The society filed the petition challenging cut-off of water and power supply as well as cancellation of occupation certificate. Hearing the petition, high court asked when Defense handed over the land to […]
Photo by millerm217The multi million Shapoorji Pallonji Group, India’s one of the oldest and biggest industrial house, is putting major focus on “owned” infrastructure as far as the roads, ports and power are concerned. This has been done as the company approaches 150th year of operations. Mr. Shapoor Mistry, Group MD said during a function […]
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Also tagged Afcons, Appliances, Focus Group, Group Focus, Group India, Group Md, Infrastructure Projects, Mistry, Ports, Real Estate, Shapoorji Pallonji Group, Shareholders, Shipping, Software Corp, Stake, Tata Sons, Textiles, Water Purification
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October 9, 2009 – 5:50 pm
Office rentals, which dropped 40% from their peak in the middle of 2008, stabilized across the country in the September quarter as fresh bookings for office spaces partly reduced inventories, says a report by international property consultant CB Richard Ellis. There was no change in office rentals in some of the major office locations in […]
September 22, 2009 – 3:59 pm
Rentals of retail spaces in NCR and Mumbai have decreased by up to 15% in the first half of this year over the past six months on account of low demand and high base effect of last year. According to global real estate consultant CBRE, rentals in the NCR have corrected by about 10% in […]
September 17, 2009 – 12:40 pm
Bajaj Auto vice chairman Madhur Bajaj, who in his personal capacity owns over 350 acres of land under Emerald Acres, plans to liquidate a large portion of his land-holdings to unlock value as the real estate sector looks up after the downturn. He said that he has no plans to venture into real estate development […]
September 10, 2009 – 11:37 am
Residential real estate prices are growing in Mumbai very fast. The highest price stands at Rs 97,842 per square feet for a flat at NCPA Apartments. The transaction took place about fifteen days ago in the Maker Tower B building located close to the World Trade Centre at Cuffe Parade. In November 2007, the largest-ever […]
September 7, 2009 – 1:52 pm
Though realty prices across India are still smooth, Mumbai’s realty market has surely started heading north. Realtors in Mumbai have hiked prices for their developments by 5-15%, depending upon the location. Modern India Ltd, a Mumbai-based realty company, has finalized the sale of 4 residential flats, sized 2,100 square feet each at its high-end Belvedere […]
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 […]
Mumbai seems to be the next destination for realty giants DLF and Unitech. Both companies are trying to restart some of their projects in Mumbai which were on hold. Unitech, said, “We have a number of slum redevelopment projects in Mumbai. We also have a focus on affordable housing and some projects will be announced […]
January 14, 2009 – 2:15 am
The unprecedented rush for flats constructed by the Maharashtra Housing and Area Development Authority (MHADA) has proved that even in times of recession there is a huge demand for affordable housing in Mumbai. Mhada’s affordable housing scheme for the economically weaker, lower, middle and higher sections of society has seen upto 1.89 lakh application forms […]
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Also tagged Adequate Land, Affordable Housing Scheme, Application Forms, Bureaucrat, Crore, Estate Consultant, Home Buyers, Housing Recession, Land Acquisition, Mhada Housing, Private Developers, public housing, Regulation Act, Rupees, Rush, Urban Land
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November 20, 2008 – 1:28 am
Realty firm Sahara Prime City said it would raise Rs 2,000 crore in the next 12-18 months to part fund development of 217 integrated townships across the country. The company, which is planing to invest the amount in the first phase of the plan that will see development of 102 townships, is looking at both […]
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Also tagged Aamby Valley City, Banks Financial Institutions, Estate Business, Full Swing, Holding Company, Initial Public Offer, Joint Venture, Private Equity Firms, Private Equity Investments, Promoters, Realty Firm, Sahara Group, Sandeep, Townships, Wadhwa
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November 10, 2008 – 12:22 am
The real estate sector in India may have seen its best time for the next several decades. The real estate markets now heads downward, as people cannot make their mortgage payments. OP Bhatt, chairman of State Bank of India (SBI), the country’s largest bank, expects 50% correction in the housing sector prices in the country. […]
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Also tagged Bank Of India, Banking System, Best Time, Credit Crunch, Global Banking, Metropolis, Mortgage Markets, Mortgage Payments, Paradigm Shift, Real Estate Sector, Residential Mortgage, Residential Sectors, Sbi, State Bank, State Bank Of India, Subprime Mortgage Market
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September 3, 2008 – 9:34 am
Real estate firms will enter into joint development for construction projects by selling land parcels to other builders, given the drop in sales of apartments and inflationary trends. Pankaj Jaju, head-real estate practice, Enam Securities told FE, “Metros and Tier II towns having a huge pipeline of projects have witnessed a 60% drop in sales […]
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Also tagged Bandra Kurla, Bangalore, Bkc, Chennai, Construction Projects, Crunch, Enam Securities, Industry Experts, Inflationary Trends, Land Parcels, Metros, Pune, Puravankara Projects, Raw Material, Real Estate, Realty Firms, Tier Ii
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