Tag Archives: property

Pune Real Estate Witnesses Investment Explosion

July 23, 2008 – 7:08 am

Pune property market is one of the most active segments in Western India. Private property developers along with local property builders and civic authorities are pouring in more investments in the city.
Recently, Milestone Capital Advisors announced an investment of Rs300 crore for commercial real estate development in Pune. Milestone is a fund house and focuses [...]

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Gulf Parent Comes To Emaar MGF’s Rescue

July 14, 2008 – 6:02 am

In what would be the first major fund infusion into the Emaar MGF Group after a failed IPO, one of its promoters, Dubai-based Emaar is learnt to be investing $150 million to pick 20-25% stake each in three real estate projects of Emaar MGF.
This would be separate from its equity contribution in the JV firm [...]

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Double whammy for high-end luxury realty market

April 25, 2008 – 5:13 am

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 expecting [...]

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