September 6, 2008 – 6:25 am
Joseph Cyril Bamford (JCB) India, the country’s leading construction equipment manufacturer, sees flat revenues this calendar year due to a slackening of growth in realty and a spurt in input costs.
Over the last four years, the company’s yearly growth has been at an average of 30%. JCB India’s topline increased from Rs 2,100 crore in [...]
By manish
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Posted in Property News
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Also tagged Bamford, Concrete Plans, construction equipment, Cyril, Diesel Engines, Equipment Manufacturer, Excavators, Flat Revenues, Global Portfolio, Global Revenues, Heavy Engineering, India Exports, Indigenous Products, Jcb, Mother Plant, Pune Plant, Southeast Asia.
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August 29, 2008 – 2:17 am
Millennium Spire Limited, an “Alternative Strategies Fund” under the U.K.-based Millennium Global umbrella, on Thursday announced its foray into the Indian real estate sector unveiling its maiden platform for developments in the Indian market, Spire World, a platform that would drive development of mainstream green projects of Millennium Spire in the country.
The unveiling of ‘Spire [...]
By Rajani
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Posted in Property News
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Also tagged Better Sense, Commercial Advantage, Eco Office, Foray, India, Indian Real Estate, Jaipur, Joint Venture, Launch, Managing Director, Manesar, Millennium Spire, Newsmen, Superiority, Umbrella, Uniqueness, Viability
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August 29, 2008 – 2:16 am
Singapore-based private equity firm, Millennium Spire Ltd-MSL announced investment of $200 million in India’s realty sector in next one year.
MSL Managing Director, Ashish Bhalla reportedly said that the company would invest in real estate projects in the national capital region and Coimbatore in mix use complexes, IT parks, residential and commercial areas.
The company also announced [...]
By manish
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Posted in Property News
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Also tagged Coimbatore, Commercial Areas, Edge Project, Estate Projects, India, Investments, Joint Venture, Managing Director, Manesar, Millennium Spire, Millennium Spire Ltd, Private Equity Firm, Public Private Partnership, Singapore, State Governments, Townships
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August 27, 2008 – 2:58 am
Investing in the Indian real estate sector continues to grow, however the pace may be slowing just a little. Foreign developers as well as private equity funds remain bullish, long-term, on India’s property market.
Not only is investment flowing into the metro cities, but attractive real-estate deals are also being negotiated and signed in ’second-tier’ cities [...]
By Rajani
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Posted in Property News
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Also tagged Attractive Investment, Attractive Values, Capitalisation, Combination Of The Two, Commercial Premises, Construction Development, Educational Institutions, Estate Deals, Foreign Direct Investment, Foreign Investors, Government Approval, Indian Parties, Investing In India, Metro Cities, Private Equity Funds, Regional Level, S Real Estate, Sector Investment, Square Meter
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August 11, 2008 – 12:44 am
The Indian real estate sector is breaking new ground, by adopting information technology (IT).
In recent years, many real estate companies have been taking to end-to-end IT solutions in a bid to automate their business processes. This has not only helped to increase efficiency and cut cost but also to make their functioning more transparent, they [...]
By manish
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Posted in Property News
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Also tagged Business Processes, Construction Solutions, Enterprise Resource Planning, Escalation, Foreign Direct Investment, Foreign Investment., Generation Owners, Information Technology, IT Sector, Private Equity, Second Generation
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Despite the real estate market being confronted with a short-term depression as real interest rates hovered between 12 – 16%, the Associated Chambers of Commerce and Industry (Assocham) has projected a twenty one billion dollar spurt in foreign direct investment (FDI) in the real estate market in the next 10 years.
By manish
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Posted in Property News
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Also tagged Assocham, Chambers Of Commerce, Chambers Of Commerce And Industry, Construction Activities, FDI, Fdis, Foreign Direct Investment, Foreign Investors, Gdp Growth, Jindal, Overseas Investors, Real Estate In India
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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 Developers, Real Estate In India, Shopping Malls
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Ian Hendersen, Chairman, Ishaan Real Estate, said, “Investment in the initial portfolio of assets is being completed, largely according to a plan, and the increased net asset value replicates the strong demand for our properties and the huge potential of the Indian property market”. IRE is the holding company of K Raheja Corp floated in [...]
By Rajani
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Posted in Property News
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Also tagged Alternative Investment Market, Hendersen, India, Ishaan, K Raheja, Overseas Markets, Park Projects, Raheja Group, Residential Projects, Retail Ventures, Sezs, Shopping Malls, Southern India
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RBI decisions to hike two key policy rates are expected to affect stocks of companies from sectors like banking & financial services, and real estate more than any other sector since these sectors are more vulnerable to higher interest rates than others . However, given that most stocks from these sectors are already badly hammered [...]
By Rajani
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Posted in Property News
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Also tagged Allahabad Bank, Auto Sector, Bank Of India, Excessive Speculation, Home Loan Rates, Inflation, Interest Rate, Money Interest, Religare Securities, Silver Linings, Slowdown, Stockbroking, Stocks Market, Union Bank, Union Bank Of India
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Higher rate of returns in real estate investments in India, projects that comply with international standards, greater affordability, apart from emotional reasons like ‘owning a piece of homeland’ were driving the NRI segment growth in the real estate sector in the India.
“Ma, is Chennai like New Jersey”, asks a little toddler in a catchy overseas [...]
By Rajani
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Posted in Property News
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Also tagged Advertisement Campaign, Contemporary Designs, Current Market, Indian, Investing In Property, Leading Property, Leading Real Estate, Little Ones, Market Trend, NRI, Porches, Property Portal, Real Estate Investments, Returning Home
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At a time when the real estate sector is hard-pressed for funds, the real estate mutual funds (REMFs) are yet to take off, in spite of being granted permission 3 months ago. This is due to unclear rules about their tax treatment.
REMFs, which were touted as key instrument enabling retail investors to take part in [...]
By manish
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Posted in Property News
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Also tagged Capital Gains Tax, Debt Funds, Direct Taxes, Dividend Distribution, Estate Assets, Exchange Board, Finance Ministry, Income Tax Act, Income Tax Act 1961, Mortgage Backed Securities, Mutual Funds, Realty Companies, REMF, Retail Investors, SEBI, Tax Incentives
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Unitech International Real Estate Fund is learnt to have raised $300 mn which will be deployed in Unitech’s residential projects. The new fund will help the country’s second-largest, listed developer tide over the liquidity crunch dogging almost all real estate firms.
A senior Unitech executive, who didn’t wish to be named, told that an European pension [...]
By manish
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Posted in Property News
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Also tagged Dlf, Finance Model, Free, Housing Sales, Independent Fund, Japanese Bank, Largest Realty, Management Arm, Realty Advisors, Realty Firms, Residential Projects, Unitech
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The down ward trend of real estate market price is going down, the housing finance is facing a squeezed condition. Now the Banks have increased the contribution limit of the developers from 25% to 30%.
With the correction of prices in the real estate sector, commercial banks have become choosy in lending. They have become more [...]
By manish
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Posted in Property News
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Also tagged Apex Bank, Bank Of India, Commercial Banks, Commercial Real Estate, Finance Market, Finance Rate, Housing Finance Market, Immovable Property, Prudential Norms, State Bank, State Bank Of India
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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 [...]
In a move that could help curb hotel room crisis ahead of Commonwealth Games 2010, the government is considering relaxing entry restriction for foreign players in construction of hotels and resorts. It is looking at a suggestion to bring down minimum development rule of real estate from existing 50,000 sq feet to 20,000 sq feet [...]
By manish
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Posted in Property News
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Also tagged Ahuja, Arcades, Cabinet, Commonwealth Games 2010, Dipp, Entry Norms, Foreign Investment., High Interest Rates, Hospitality Sector, Indian Hospitality, Influx, Investment Commission, Real Estate
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India received a massive $20.8 billion of foreign investment in energy, services, construction and real estate sectors during the last four financial years as high economic growth lured multinational companies to set up or expand operations. The services sector witnessed the biggest spurt in foreign direct investment (FDI) flows, from $444 million in 2004-05 to [...]
By Rajani
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Posted in Property News
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Also tagged Construction Sector, Domestic Investment, FDI, Foreign Direct Investment, Foreign Investments, Foreign Investors, Industry Minister, Kamal Nath, Mega Power, Natural Gas Sector, Power Plants, Real Estate Sectors, Telecom Sector
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The latest battle in the real estate sector has started taking a toll. Almost all large developers are now facing a severe cash crunch and finding it difficult to complete their ongoing projects. In fact, the situation is so bad that most of them have reported a 50-70% cash shortfall. Industry sources said that the [...]
Alok Industries, the Rs 2,200-crore Mumbai-based textile firm, has resumed talks with private equity players to dilute about 20 percent equity it owns in its unlisted unit, Alok Infrastructure. A realty company, Alok Infrastructure has been looking at options to raise around Rs 600 crore for developing its large land bank, said sources.
Alok Industries plans [...]
By manish
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Posted in Property News
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Also tagged Alok Industries, Commercial Real Estate, Global Research, India Real Estate, Panvel, Private Equity Deal, Private Equity Firms, Realty Company, Retail Real Estate, Silvassa, Stock Markets
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The real estate sector has hogged the attention among favored investment avenues for a host of venture capital funds (VCFs) and foreign venture capital investors (FVCI) during the preceding fiscal. Amongst different sectors, together with IT and telecom, real estate alone attracted twenty percent of the total investments made by both VCFs and FVCIs during [...]
By manish
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Posted in Property News
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Also tagged Exchange Board, India, Investment, Investment Avenues, Last Investments, SEBI, Service Sector., Telecom, VCF, Vcfs, Venture Capital Investors
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Milestone Capital Advisors will raise a fund of ten billion rupees to invest in the real estate sector in tier-II and tier-III cities of Tamil Nadu (TN).
The amount would be raised from high net worth individuals and financial institutions.
This fund would be primarily used for the construction and development of low-cost and green housing and [...]