Tag: Residential project

AIG Global Aims Residential Development; Buys RMZ’s Stake

AIG Global, a New York-centered private equity giant, has purchased RMZ Corp’s 50% stakes in their Hyderabad mall project.  The private equity giant plans to turn the mall project to a residential project. AIG Global; after gaining Bangalore-centered real estate group RMZ Corp’s 50% stakes, has now plans to turn the stalled mall-cum-office project into […]

DLF Garden City Lucknow gets the ‘Integrated Township of the Year Award’.

Garden city, the first ever residential project in Lucknow by DLF has bagged the “Integrated Township of the Year – North India” award at the Realty plus Excellence Awards 2012, instituted by real estate monthly magazine Realty Plus. Cheered by a galaxy of realty stars, luminaries and other stakeholders present from all over the country at […]

Yatra Capital To Invest More In India

Photo by thinkpanama Euronext-listed company, Yatra Capital managed by Saffron Capital Advisors, an Indian Real Estate Private Equity fund has announced to invest around 20 million Euros in India in FY10. The company plans to invest the Rs 115 cr in two deals in the domestic sector of real estate. The company has as of […]

Beary’s Group Wins Runner Up Award

A Bangalore based residential project has won the runner up award by the International Real Estate Federation (FIABCI). ‘Bearys Lakeside Habitat’, a twin tower residential project was awarded the prestigious award on May 27 at Bali, Indonesia. The ceremony was held in the presence of the President and the First lady of the Republic of […]

Jaypee Greens Sports City in Greater Noida

Jaypee Greens, part of construction major Jaiprakash Associates, has started construction of “Sports City”, a township with residential and sports facilities, near the Yamuna Expressway. “The Sports City is positioned for everyone who appreciates luxurious surroundings and spaces equipped with sports and recreational facilities,” according to a Jaypee Greens press release. The Sports City will […]

DLF drops mall proposal

PropertywalaDLF has dropped its plans to develop a mall on upmarket Commander-in-Chief Road in Chennai due to the ongoing economic recession. The company has now sought permission to develop the land as a premium residential project. DLF Southern Homes director KK Raman said, “We have completed the design process. We are awaiting approval to announce […]

DLF requests Haryana to refund licence fees

In a bid to seemingly boost its cash reserves, DLF, India’s largest real estate company, has requested the Haryana government to refund license fees worth Rs 235 crore for various commercial and residential projects in Gurgaon. In two separate letters to the state government’s director of town and country planning department, DLF requested the authority […]

A Residential Project By Sobha Developers

Sobha Developers has launched the ‘Sobha Scarlet’ project in Mysore. The project will be developed in 14.2 acres of land and will have 83 villas. It will also have amenities like club house, spa, tennis court, swimming pool, gym, squash court, multi purpose hall, cards and carom room, library and other modern amenities. The company […]

Affordable Residential Project In Bangalore By Golden Gate Properties

A 995 sq ft apartment in Bangalore for Rs 19 lakh! This is the price at which Golden Gate Properties is offering two-bedroom apartments at ‘The Commune’, its affordable residential project in Bangalore. “The project aims to fill the need-gap that has risen in the market owing to spiraling real estate costs,” said Mr K. […]

Inflation Affecting Real Estate Prices

With inflation touching 12.98%, realtors here are finding it difficult to hold their price line and plan to increase rates for residential units by Rs 100-500 per sq ft later this month. According to Confederation of Real Estate Developer’s Associations of India (Credai) Bengal, there has been a 25% increase in the construction cost of […]

Ambala Hot Destination For Real Estate

AMBALA : A historical district of Haryana, may still be longing for true genesis of its nomenclature but the city is slowly opening up to real estate investments that were non-existence till a couple of years ago. The city, divided between Ambala Cantt and Ambala City, is bringing up a few group housing schemes and […]

Stagnation In Chadigarh Real Estate

Chandigarh real estate is witnessing testing times. On one hand, there are more investments pouring in the segment and on the other side property buyers and sellers are not very enthusiastic about property transactions.

Profit Zoom Of Sobha

The Board of directors of Sobha Developers Limited approved the unaudited financial results of the company for the quarter-ended June, this year. Sobha Developers recorded a 24% growth in net profit during the first quarter of the 2008-09 financial year. Its net profit for the quarter stood at Rs 50.5 crores, up from Rs 40.8 […]

Four Premium Residential Project In Pune By Sahil Group

City-based Sahil Group is all set to strengthen its base in construction and hospitality business and has moved a step ahead in both the segments. It recently unveiled its premium housing project ‘Sahil Sarvadaa’ at Kondhwa. Based on the concept of stress free homes, the project has been equipped with all the amenities that can […]

European Real Estate Giants enter India

Yoo by Strack is now ready to enter in Indian real estate market. The company is coming here with a huge residential project worth one thousand five hundred crore in Pune. The local partner of the company will be panchshill realty. The project will cover over 21 acres of lands and in the first phase […]

Noida’s Got A New Hot Spot “Sector 119”

Sector 119 is now becoming center of attraction. Builders as well as People are also getting attracted toward this because all the major facilities are available near by sector 119. Oil Industry Development Board Office Complex is coming close by it. Various Builder groups are coming here with their projects.

Sobha Developers Plan for Residential Projects

Sobha Developers is coming up with a residential project of 156-unit on the outer ring road Hebbal in north Bangalore. The project coming up on a 4.5 acre patch located behind the BEL corporate office on the outer ring road will attract a market-estimated investment of over Rs 100 crore. Mr. Raghav Menon, vice president […]