October 1, 2008 – 7:29 am
Omaxe, one of the largest real estate developers on Oct. 1, 2008 announced that the company’s subsidiary Omaxe Infrastructure and Construction (P) bagged an order worth Rs 907.10 million from Hindustan Zinc.
The order is for the development and construction of township for the new zinc smelter plant at Dariba, Udaipur of Hindustan Zinc.
The township which [...]
By Rajani
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Posted in Property News
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Also tagged Drainage Water, Guest House, Horticulture, Lawns, Omaxe, Pool Surface, Shopping Centre, Smelter Plant, Station Water, Street Lighting, Surface Transportation Program, Swimming Pool, Udaipur, Wastewater Treatment Plant, Water Harvesting, Zinc Smelter
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September 27, 2008 – 12:38 am
Indian real estate sector is going through a big slump. Not only Indian but real estate sectors around the world are facing slump. Property dealers are registering big losses. Biggest example of loss in real estate sector is DLF Group whose share prices have gone down up to 76% on BSE. Because of slump real [...]
By Rajani
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Posted in Property News
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Also tagged Bmw Car, Bmw Price, Bse, Ceos, Estate Customers, Free Car, Free Membership, Greater noida, Luxury Flats, Mds, Mncs, Real Estate Developer, Real Estate Group, Real Estate Sector, Real Estate Sectors, S Real Estate, Share Prices, Slump
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September 5, 2008 – 1:20 am
KOLKATA: Land prices have skyrocketed on Kona Expressway and stretches of National Highway-2 and National Highway-6. Call it the Singur ripple effect or impact of other projects like the DLF township project in Dankuni and logistic hub on Kona Expressway, land prices have risen at least six fold in the past four years.
Many brokers had [...]
By manish
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Posted in Property News
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Also tagged Beeline, Big Houses, Car Plant, Ciputra Group, Highway 6, Hooghly, Howrah, Industrial Landscape, Poor Infrastructure, Ratan, Small Car, Stalemate, Tata Motors
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August 28, 2008 – 5:46 am
Pune: Twelve city-based real estate developers are in the dock with the income tax department for wrongfully claiming a 100% waiver, under 80-I-B10, on low-cost government housing schemes. The I-T department said these developers claimed false tax waivers worth Rs 65 crore, but declined to disclose the identity of the erring builders.
“We will be issuing [...]
By manish
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Posted in Property News
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Also tagged Cash Cards, Chief Commissioner, Financial Consultants, Government Housing, Housing Schemes, Impact Tax, income tax, Income Tax Department, Innovative Ideas, Itz, Market Slowdown, Pune Region, Tax Collections, Taxpayers, Waivers
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August 26, 2008 – 4:56 am
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 crore [...]
By manish
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Posted in Property News
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Also tagged Accruals, Affordable Housing, Chennai Hyderabad, Coimbatore, Housing Projects, Infrastructure Ltd, Jaipur, Kochi, Kolkata, Low Cost Houses, Mysore, Omaxe, Private Equity Funding, Private Equity Funds, Puravankara Projects, Puravankara Projects Ltd
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August 21, 2008 – 5:13 am
Leading hotel chains and top real estate developers are understood to be bidding for the beleaguered UK investment group Dawnay Day’s four-star hotel chain Ten Hotels and other real estate assets in India. ITC, Royal Orchid, Pride Hotels, Sarovar group, Lemon Tree, DLF and Paraswanath have made a pitch for the deal, which is valued [...]
By Rajani
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Posted in Property News
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Also tagged Business Restructuring, Construction Activities, Dawnay Day, Dlf, Estate Assets, Four Star Hotel, Hotel Chains, Investment Bankers, Investment Group., Jaipur, Lamba, Leading Hotel, Lemon Tree, Mandeep, Suitable Buyer, Top Real Estate Developers, Uk Investment
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August 18, 2008 – 2:36 am
Distance is no longer a restriction for prospective buyers on the look out for a dream home. It seems people do not mind traveling a few extra miles as long as the location provides for convenience of commuting.
With the announcement of a number of transport and road infrastructure projects, property prices are shooting up in [...]
By manish
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Posted in Property News
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Also tagged Barasat-Raichak Expressway, Diamond Group, Eden City, Estate Projects, Housing Projects, Infrastructure Projects, Property Exhibition, Rajarhat, Real Estate Developers Association, Residential Projects, Road Infrastructure, Salim Group
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Cento International Investments, UK based real estate consultants have organized ‘Invest India Tour London 2008 to showcaseinvestment potential in India.’
Cento along with Baron Group International, a UK based property investment company and E- eighteen, the marketing division of Network eighteen have organized this tour which they say will provide a platform for real estate developers [...]
By Rajani
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Posted in Property News
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Also tagged Baron Group, Carribean, Dubai, Foreign Investors, India Tour, International Investments, Lucrative Investment, NRI, Property Investment Company, Real Estate Consultants, Real Estate In India, Spain Portugal, Tour London
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The real estate sector in India has now become one of the most important sectors in the recent times, thanks to the rising prices of land.
Today real estate sector has become a reckoning force in the economy of India. This sector which till few years back were unknown to most of the investors and people [...]
By manish
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Posted in Property News
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Also tagged Dynamic City, Economy Of India, Entire World, Haryana, India, Kolkata, Metropolitan Cities, Nariman Point, Ncr, Property Developers, Real Estate Boom, Real Estate In India, Real Estate Sector, Shopping Malls
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SunTechnics India, a brand of the Conergy Group, a leading international supplier in the field of solar system integration, has completed the design and installation of India’s first green housing project facilitated with building-integrated solar power. The 58 kilowatt project was developed in partnership with the West Bengal Renewable Energy Development Agency (WBREDA) as an [...]
By manish
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Posted in Property News
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Also tagged Architectural Applications, Building Integrated Photovoltaics, Energy Cost, Energy Efficiency, Green Energy, Housing Project, Photovoltaic Systems, Renewable Energy Development, Renewable Energy Technologies, Solar Architecture, Solar Modules, Suntechnics, Wbreda, West Bengal
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Real estate developers like Lodha, DLF, Unitech and Raheja have begun ramping up their presence in Business school campuses in the past two years in a move to have a more professional image. The move coincides with the growing interest of business school graduates in the real estate sector.
The real estate firms have sold promising [...]
Foreign investors may shun the Indian real estate market as lower asset prices in the US and the potential to earn better returns skew the risk-reward equation against emerging markets such as India.
Mr. S Sriniwasan, CEO, Kotak Real Estate Fund, said, “Real estate developers face a double whammy of slowdown in the overall growth and [...]
By Rajani
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Posted in Property News
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Also tagged , AIG, asset, buy, Citi venture, Foreign investor, Fund, India, Land, Market, Mumbai based real estate, Real Estate, Slowdown
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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 manish
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Posted in Property News
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Also tagged Akruti, Bangalore, Bank Loans, Jones Lang Lasalle, Land Acquisition, Land Deals, Monsoon Season, Mumbai, Property Consultants, Real Estate, Real Estate Developer
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Leading real estate players together with DLF, Parsvnath, Omaxe, TDI, Ansals and Unitech have shown interest in joining hands with the Punjab government in its bid to provide ‘reasonable houses costing not more than One lakh rupees each’ in the state.
Real estate and infrastructure players who attended a conference with Punjab chief minister Parkash Singh [...]
By manish
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Posted in Property News
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Also tagged Ansals, Development Authorities, Housing, Housing And Urban Development, Management Members, Parsvnath, Punjab, Punjab Government, Real Estate Company, Unitech, Urban Planning
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Emaar MGF Land Ltd, one of the leading real estate developers in the country has launched ‘Boulder Hills Golf & Country Club’- an integrated world class leisure and residential community in Hyderabad. The Rs 5,610-crore project will have residential, commercial and retail space, IT parks and special economic zones, luxury and boutique hotels. It will [...]
By manish
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Posted in Property News
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Also tagged Boulder Hills, Economic Zones, Emaar Mgf, Golf Country Club, Golf Course, Golf Course Architect, India Pvt Ltd, Project, Real Estate, South India, Tirupathi
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Sports brand Adidas has pronounced strategy to add One hundred twenty five franchise outlets to its India retail network in 2008.
As said by Andreas Gellner, managing director at Adidas India Marketing, the count is set to rise to four hundred fifty by the end of the year, from the existing count of three hundred twenty [...]
By manish
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Posted in Property News
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Also tagged Adidas, Asia, China Hong Kong, China Property, Europe, Hospitality Sectors, India Property, Projects, Real Estate Asia, Real Estate Sectors, Retail Investors, Venture Arrangements
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Knight Frank India, a real estate consultant company, predicts more correction in house prices if the existing slowdown in residential property sales keeps on, Chairman Pranay Vakil said.
By manish
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Posted in Property News
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Also tagged Bangalore, Commercial Office Space, Consultant Company, Estate Consultant, High Interest Rates, Home Prices, House Prices, Knight Frank, Pune, Residential Property, Residential Real Estate, South India
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PUNE: On April 10, the Promoters and Builders Association of Pune (PBAP) pronounced that property prices in the city would be hiked by Rs50-400 per square foot from April 20 onwards, giving potential buyers ten days to take benefit of the then existing rates. But the buyers rejected to take the bait and sales are [...]
To make their project affordable, real estate developers are applying new techniques everyday. For example, tunnel form technique, table form technique, fly ash technique and so on.
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 [...]
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