Targeting new heights and growth, Godrej Properties now plans to raise a new fund. Under the new fund, the group will raise Rs.700 Cr. Godrej Properties is the real estate arm of Godrej Group. The real estate arm of Godrej has announced its plans to raise a new fund.
As higher property prices hurt the buyers’ sentiments, the number of property sales has gone downward, leading the developers into deep troubles. Property buyers remain reluctant to buy any property as the property prices have reached the sky. Due to this, the property sales have fallen, affecting the developers severely.
The housing demand in Vasundhara Enclave Delhi is falling. Realty experts say that this is common in the Delhi real estate market which is affected by sluggishness. The sale of housing units in Vasundhara Enclave Delhi is lower compared to the previous months. While the experts say that this is due to the sluggish momentum […]
February 22, 2013 – 7:40 pm
With the aim to provide more affordable homes to the people the union government plans to confer infrastructure status to the housing sector. The coming budget is believed to confer infrastructure status on housing sector. The budget session will also have the plan to implement the regulatory bill as well. Conferring infrastructure status to the […]
February 14, 2013 – 5:20 pm
Realty sector hopes that upcoming budget by the Finance Minister will cut down the costs of finance for the construction boosting realty sector. As Finance minister is likely to announce the new Budget on February 28, realty players demanded that the cost of finance should be lowered for the construction sector. If the cost of […]
February 5, 2013 – 6:55 pm
Property prices will remain stable in the Indian market for a quite long while as there is no chance for any price-fall in the near future or around. Real estate experts opined that there will not be a fall in the property prices in the near future. Though they opined that there will be no […]
February 1, 2013 – 7:23 pm
Jones Lang LaSalle predicted that this year India will have more foreign investment. JLL reported that foreign investors are likely to enter India with huge investment plans. Jones Lang LaSalle, one of the leading global real estate consultancy firms, reported that India will have greater amount of foreign investment in the forthcoming years. According to […]
January 15, 2013 – 7:09 pm
Real estate market is set to regain smooth sales as there is an improved sale in the luxury housing segment. India real estate market currently goes through a sluggish momentum. The real estate builders expect that they can overcome this in the year 2013. Sluggishness has troubled the entire real estate developers of the country. […]
January 14, 2013 – 8:39 pm
CCI will frame a new agreement to smoothen the relationship between the Developers and the buyers. CCI hopes that the new agreement will serve as a benchmark for all commercial dealings. Competition Commission of India (CCI) will come up with a revised agreement between the property taker and the developer. CCI frames the new agreement […]
January 11, 2013 – 7:56 pm
The cities which generate higher number of jobs are always sought after hotly. Such areas normally have higher prices and this proves that property prices are determined by the job-generation capacity of the city. Property price of a city is highly influenced by the city’s job-generation capacity. The city which offers higher number of jobs […]
December 12, 2012 – 7:23 pm
Real estate sector is set to bounce back after its sluggish momentum which the sector has been undergoing for a while. Real estate majors – Supertech and Ansal API have recently announced their fresh launches. These projects are to be completed with an amount of Rs.8,000 Cr. The real estate majors plan to complete the […]
November 26, 2012 – 6:59 pm
Indian real estate firm Indiabulls Real Estate Ltd. targets UAE NRIs. The firm expects to have more Non- Resident Indians (NRIs) as their clients. Indian real estate firm Indiabulls Real Estate Ltd. targeting UAE NRIs, have launched an overseas office in the UAE. The real estate firm is about to launch its first overseas office […]
October 31, 2008 – 5:53 am
With the festive season of Diwali just past us, developers are going hammer and tongs at wooing prospective homebuyers with more and more special offers. However, if sources are to be believed, these discounts and gifts have only come about because the real estate market is heading for correction in a big way. Sources say […]
According to experts, the killing in stock markets, where realty stocks have taken a beating along with the rest, may speed up the slowdown in the real estate market over the next six months. Balaji Rao, managing director, Starwood Capital India Advisers, said, “The market is already slowing as high property prices have affected sales”.
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Also tagged Credit Suisse, Debt Markets, developers, India, Omaxe, Parsvnath, Puravankara, Realty Investors, Realty Stocks, Slowdown, Stock Markets
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Laxmi Mittal-backed Indiabulls Real Estate managed to raise $259 million on the Singapore Stock Exchange, a day after the scheduled closing of its REIT’s issue, Indiabulls Properties Investment Trust. India’s fourth largest real estate developer sold 353 million shares at $1 per unit, out of which Lakshmi Mittal had committed 91 million shares. The sale […]
Real estate private equity firm Saffron Group on 25th may said it has chalked out a two-sided plan to become a leading player in the market staying put for a minimum 5 yrs in upcoming properties and buying out properties with assured rental income. The Group, a brainchild of Ajoy Veer Kapoor and his peers […]
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Also tagged Anchor, Brainchild, Euronext, Foremost Player, India Real Estate, Indian Real Estate, Peers, Private Equity Firm, Promoter, Real Estate Fund, Saffron
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“Forbes” states that although the global real estate market is softening as credit reservoirs dry, a few spots are poised for growth.” The magazine rated Israel as the world’s most “up-and-coming” real estate market. “Forbes” notes, “Israel’s real estate market struggled in the late 1990s and early 2000s as the country struggled with deflation. As […]
According to a survey conducted by the Association of Foreign Investors in Real Estate (AFIRE) India is one of the most preferred property market among foreign investors globally. This report is from January/February 2008 (AFIRE) news letter. India is preferred by 16.7 per cent of the respondents favoring the country as the most fancied place […]
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Also tagged Association Of Foreign Investors In Real Estate, China, Crores, Estate Projects, Foreign Investors, Global Investor, India, Investment Banks, January February, Jp Morgan, Perceptions, Real Estate Investments
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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 19, 2008 – 6:30 am
Sobha Group, one of the leading real estate developers in India with many realty projects in Dubai, has broken ground on its first residential development in Dubai. Building work started on Sobha Daffodil at Jumeirah Village on 28th January, 2008 following a ground breaking ceremony. Ajay Rajendran, Vice Chairman, Sobha Group, told thatSobha Daffodil will marks […]
February 1, 2008 – 1:42 am
Guwahati has grown as large real estate market in last two or three years. Especially, there is noticeable growth in retail and residential projects. There are lots of reasons behind it. Creation of integrated transport system, improvement of roads, logistic hub has played important role in this real estate growth. Sarusajai, the National Games Village, […]