August 23, 2008 – 2:14 am
Office rental prices are unlikely to see any major fall across the country’s three major business hubs National Capital Region, Mumbai and Bangalore even as the commercial realty markets in these areas are expected to witness a significant surge in supply, a leading real estate consultancy firm said. While Bangalore is expected to witness further […]
By
|
Posted in Property News
|
Also tagged Asia Pacific Region, Bangalore, Cbre, Commercial Realty, Commonwealth Games, Delhi Ncr, Gurgaon, Hubs, Leading Real Estate, Office Space, Rental Values, South Delhi
|
August 12, 2008 – 4:23 am
With the stock markets down in India, the realty market here offers a reliable investment avenue. There are three reasons why NRIs invest in India — they remit money for family expenses or investments or for maintaining their bank accounts and investments here. According to RBI records, NRIs’ annualised remittances to India have grown from […]
By
|
Posted in Property News
|
Also tagged Ahmedabad, Asset Class, Bank Accounts, Dlf, Family Expenses, Goa, Investment Destination, Investments, Joshi, K Raheja, Non Residents, Prominence, Real Estate Investment, Real Estate Investment Company, Realty Market, Remittances, Stock Markets
|
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 […]
Due to the depressed real estate market, all projects of small developers (grade C & D) are up for sale as no development has started because of severe cash crunch. And the big developers (grade A & B) are said to be scouting for these kinds of projects as they are proving to be more […]
By
|
Posted in Property News
|
Also tagged Amritsar, Bangalore and Chennai, Chandigarh, commercial property, Indore, Karnal, Land, Ncr, Pune, Real Estate, Real Estate Investment, Residential Property, small developers
|
Faced with a slowdown and increased competition, real estate players are trying to re-invent themselves by focusing on ‘personalized selling’. Refusing to be lost in the clutter of ‘look-alike offerings’ in the real-estate market, a section of leading developers engaged in constructing properties in Bangalore, Mumbai, Hyderabad, Goa and Chennai is trying to carve out […]
There is going to be a major price correction in the real estate market in the subsequent three months. Land owners and builders are holding on to the selling price of their properties due to the ongoing monsoon but post-monsoon, prices would nose-dive 15-20%. Builders and property consultants preach that monsoon season is considered to […]
By
|
Posted in Property News
|
Also tagged Akruti, Bangalore, Bank Loans, Jones Lang Lasalle, Land Acquisition, Land Deals, Monsoon Season, Property Consultants, Real Estate, Real Estate Developer, Real Estate Developers
|
Mumbai-based Modern India Ltd has planned two thousand crore rupees investment plans for Rajasthan. Further, it also plans to construct a five-star hotel in Udaipur and a special economic zone (SEZ) in other parts of the state.
The high-end luxury real estate market is facing a double whammy. The demand from domestic buyers has already dried down and now even non-resident Indians (NRIs), who constituted a significant market for luxury real estate developers, are developing cold feet. With the US property market witnessing a correction due to subprime crisis, the NRIs are […]
By
|
Posted in Property News
|
Also tagged africa, Ansal, australia, buy, buyer, demand, India, indian government, luxury, Market, non resident indian, NRI, PIO, pravasi bharatiya divas, property, Real Estate, Realty, US
|
Mumbai, Apr 16 With the end of its association with The Oberoi group, Hilton Hotels Corporation is on top gear to make a comeback in the Indian market. The company today has not even a single property in the country courtesy the fallen apart tie-up with The Oberoi Group. Now, left all alone in the […]
For prospective real estate buyers in the state capital, thinking big seems to be the guiding light, at least when buying apartments is concerned. The new concept of one-BHK flats in Ranchi has failed to attract customers, leading developers to shelve many such projects. The “revolutionary” projects were supposed to provide reasonably good accommodation at […]
Hyderabad-based Country club ltd. is now ready to expand its horizon through getting hold of properties in Dubai and Bangkok. People close to the deal told Business Line that Country Club is in advanced stages of negotiation to buy an existing hotel property in Dubai. The sources said that the price of property will be […]
March 18, 2008 – 12:15 pm
As home sales continuously going downward, real estate developers are changing their strategy and showing more interest in luxury home segment by targeting non-resident Indians and high net worth individuals keen on buying that exclusive villa in India. Such business strategy also seems to be supported by market as demand in the luxury home segment […]
Slowdown in IT/ ITeS sectors is effecting real estate firms. Lease of office space to software and BPO firms have fallen by over 30 percent. The trend is particularly bound to affect firms like DLF and Unitech which are building several software SEZs (special economic zones) across the country. Unitech executive said that till just […]
By
|
Posted in Property News
|
Also tagged Bpo, Delhi, Dlf, Growth, Infosys, Jaipur, Market, Real Estate Slowdown, SEZ, Software Companies, Software Firms, Tcs, Unitech, Wipro
|
European real estate giant Yoo by Starck expands into Indian real estate market, designing their first project for India, which will be developed by Panchshil Realty. The proposed condominium project will locate in Pune, which is on a few hours drive from Mumbai, India’s commercial and financial capital. In India, luxury projects are high on […]
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, Investment, London Paris, Merrill Lynch, Promising Markets, Real Estate Investment, Real Estate Sector, Shanghai., Worldwide Cities
|
January 28, 2008 – 6:51 am
18 January 2008, New Delhi. Ispat Industries is informally entering in to real estate industry. Ispat industry is known as a major steel producer industry and now they are planning to sell its property at Mumbai’s Peddar Road at a rate of about Rs 50,000 per sq. ft. Mr. Vinod garg, Executive director (marketing), has […]
By
|
Posted in Property News
|
Also tagged Captive Power Plant, Cushman And Wakefield, Director Marketing, Estate Business, Flat, Ispat Industries, Ispat Industry, Maharashtra, Memorandum Of Understanding, MoU, New Delhi, Power Plant Construction, Prime Locations, Property Consultant, Real Estate, Residential Property, Steel Producer, Thermal Power Plant, Valuations
|
Latest Properties