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”.
By Rajani
|
Posted in Property News
|
Also tagged Credit Suisse, Debt Markets, developers, India, Omaxe, Parsvnath, Puravankara, Realty Investors, Realty Stocks, Slowdown, Stock Markets
|
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 was to [...]
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 from [...]
By manish
|
Posted in Property News
|
Also tagged Anchor, Brainchild, Euronext, Foremost Player, India Real Estate, Indian Real Estate, Peers, Private Equity Firm, Promoter, Real Estate Fund, Saffron
|
“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 late [...]
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 for [...]
By manish
|
Posted in Property News
|
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
|
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 their [...]
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, [...]