Tag: Real Estate

Chennai leads Indian Property Sector.

The Indian property market will see more investment from overseas this year as it still remains an attractive investment destination globally. In a recent report, property broking and real estate consulting firm Jones Lang LaSalle said the Indian property market is poised to attract about US$3 billion, almost double last year’s US$1.6 billion, from overseas […]

Realty Developer Brigade Group opens Orion Mall in Bangalore.

Real estate developer Brigade Group has opened its flagship retail venture Orion mall in Brigade Gateway Enclave, Bangalore. Spread over 8.2 lakh sq. ft., the mall houses a mix of global and national brands. Brigade Group has completed over 100 projects, developing over 20 million sq. ft. of area since 1986. Orion mall is developed […]

Coal Scandal gives a loss of $210 billion to India.

According to the report, leaked to the Times of India newspaper, the primary beneficiaries were about 100 private and state companies that were handed contracts for 155 coal fields between 2004 and 2009 without going through a competitive bidding process. The report said that $210 billion — five times India’s annual defence budget — was […]

USA Downgrading Impacts on Interest Rates

Will the US rating downgrading from AAA to AA+ impact the real estate sector? Will it have a long-term or an immediate impact? Who would get the hit, the residential or the commercial real estate sector? The good news is that the interest rates might come down in residential segment whereas commercial real estate sector will be […]

Metro Connectivity and Real Estate Prices Go Parallel.

Metro connectivity and property rates in the capital goes hand in hand , its just like they run on parallel tracks as right from the announcement of new metro connections , property rates follows an upward swing. With Delhi metro gearing up for the Phase III construction that will cover areas like Vasant Vihar, Dhaula […]

ET REALTY EXPO 2010- Mumbai

The infrastructure and real estate sectors have grown phenomenally over a period of time, making India one of the most preferred destinations for investment in the Asia-Pacific region. The real estate boom in India is supported by its own flourishing economy on a sustainable basis. Selling and buying Indian property is now considered to be […]

An insight on India’s Leading Real Estate Companies

On December 6, world’s leading provider of global business information, knowledge and insight, Dun & Bradstreet released its publication on ‘India’s Leading Real Estate Companies 2010’. The publication highlights the performance of the Indian real estate sector over the past few years, the current trends and challenges in the industry, and the road ahead. It […]

BPEP in India

Baring Private Equity Partners (BPEP), the global PE major, is planning its future investments in Indian real estate in the near future. For a long time now, BPEP India was looking at investing from its $650 million Baring India Private Equity Fund III. Previously, the firm has invested in information technology, healthcare and financial services […]

Realty Sector in India – ‘Definitely Bullish’

While foreign capital rushes into the Indian real estate market, the long-term future of the industry lies in the hands of Indians themselves. A new, positive mindset about opportunities in India is taking shape among young people who are increasingly returning to India after studying abroad and foreign investors. The real growth story is going […]

Booming Real Estate

With property boom spreading in all directions, real estate in India is touching new heights. Flying high on the wings of booming real estate, property in India has become a dream for every potential investor looking forward to dig profits. Definitely, the first step on the way to investment is to study the current trends. […]

Futuristic Investment

The demand for more capital appreciation in the wake of the rising property prices coupled with home loan rate hike has dampened the buying spirit, in ways propelling the demand for rental property in India, realizing the immense potential of rental properties in India. Rentals values in tier I & II cities has witnessed an […]

Real Estate Awards 2010 by Franchise India Holdings Ltd.

India’s most prestigious awards dedicated to the estate industry,to celebrate excellence and brilliance with key industry representatives at “Real Estate Awards” presented by Franchise India Holdings Limited is scheduled to be held  on December 2, 2010 at Hotel Ashok, New Delhi. The Real Estate Awards 2010 are given to practices which have consistently achieved high […]

Shapoorji Pallonji Group Focus Infrastructure

Photo by millerm217The multi million Shapoorji Pallonji Group, India’s one of the oldest and biggest industrial house, is putting major focus on “owned” infrastructure as far as the roads, ports and power are concerned. This has been done as the company approaches 150th year of operations. Mr. Shapoor Mistry, Group MD said during a function […]

Second Annual Convention Of NAR

Photo by respresThe Real Estate Agents Association of Chennai is all set to host the annual convention of the Indian National Association of Realtors. This will be the second year of the meet. It will be a two day event that will take place on July 16 and 17 at the seaside Radisson Resort temple […]

Indian Realty Sector And Overview

PtIndian Real Estate Market has grown with time. The main reason for the accelerated growth can be contributed to the fact that the industry is very flexible in nature. The development has caused higher aspirations for better standards of living and a good quality of life. The rapid increase has been because of the relaxed […]

IL&FS Increase Investments In Realty Sector

Photo by Photos8.comIL&FS private equity is planning to increase its investment in infrastructure and Real Estate sector by the end of FY10. They announced to increase their investment from 660 million US dollars to 1 billion US dollars in the infrastructure sector. In the realty sector they already have investments of 1.6 billion US dollars. […]

The TCI Demerger

India’s leading integrated supply chain and logistics solutions provider Transport Corporation of India Ltd announced yesterday that its board members have approved the demerger of their real estate & warehousing undertaking into a new company named TCI Developers Limited (TDL) which will be effective from April 1. The company emailed a press statement saying the […]

A Mall With A Metro

Our country’s one of the Leading Real Estate Development Company Mantri Developers of Bangalore recently announced the opening of one of India’s largest malls Mantri Square. The main attraction of the project is that the mall will have metro connectivity. The mall will be located at Malleswaram, north Bangalore and spread over 1.7 million sq […]

Women Participation in Real Estate

As the world joined hands to honor the 101th celebration of womanhood yesterday, the financially independent young women in India had plenty of reasons to cheer. For the past few years our country has taken measures to specifically increase the number of women buying property in India. Fortunately they have at large proved fruitful too. […]

Office rentals stabilize

Office rentals, which dropped 40% from their peak in the middle of 2008, stabilized across the country in the September quarter as fresh bookings for office spaces partly reduced inventories, says a report by international property consultant CB Richard Ellis. There was no change in office rentals in some of the major office locations in […]

Buyers realize homes still not their cup of tea

Property prices across the country are 10-25% lower than their peak in early 2008. Bank rates are about 4 percentage points lower. Still, the vast majority of the exploding middle class, which aspires to own a home, is not taking the plunge. Homes are still not affordable. Affordable homes are hardly homes. The rates may […]

Sahara Prime City to use Rs 2860 crore from IPO

Sahara Prime City, which aims to raise Rs 3,450 crore from an IPO, will utilize Rs 2,668 crore in the next 3 years to part-fund development of about nineteen thousand housing units across the country. At present, Sahara Prime City is developing nine integrated townships and one residential complex in cities such as Lucknow, Indore, […]

Happy days are back into realty

Realty industry is all set to be lift up this Diwali. At least 12 public offerings, a slew of new projects and the return of private equity funds that had turned away proposals due to the global slowdown last year. ‘After weathering the worst funds crisis for one and half year, the realty sector has […]

Parsvnath overdue payments at Rs 143 crore

Parsvnath Developers has said its ‘overdue payments’ stood at Rs 63 crore and Rs 143 crore as on July 1 and August 31, respectively, under loan agreements and other outstanding indebtedness. The company said this in its Preliminary Placement Document filing on the NSE. The company’s Chairman, Mr Pradeep Jain, was not available for comments, […]

VATIKA GROUP OPENING A NEW WESTIN

Vatika Group announced that it will open the Westin Hotel in Gurgaon by March next year, seven months before the commencement of the Commonwealth Games in October next year. The opening of the Westin Hotel will help to meet the hotel room needs for the mega event next year as the city is already facing […]