With the change in the management team, Surabhi Chemicals has decided to foray into real estate sector as well. The textile chemicals firm has bought land parcel in Nagpur for developing realty project. Surabhi Chemicals, one of the leading textile chemical developers, has signaled that they would enter real estate market by buying out land […]
PAs the Real Estate Industry of the country gains pace after the slowdown, many different firms plan to foray into the sector. One among them is the Global Lighting Controls Major LUTRON. Lutron which is present in the country for more than 10 years is likely to enter into the residential apartment space. Till now […]
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Also tagged Apartment Space, Foray, Global Lighting, Hospitality Sector, Lutron, Nascent Market, Residential Apartment, Residential Apartments, Residential Space, Slowdown, Volume Business
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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 […]
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Also tagged Absorptions, Capital Advisors, Domestic Sector, Euronext, Focus Area, Indian Economy, Investor Enthusiasm, Kolkata, Level Details, Nashik, Phoenix Mills, Private Equity Fund, Pune, Real Estate Investments, Real Estate Private Equity Fund, Residential project, Retail Project, Riverbank, Weighted Average
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One of the leading apparels brand in India Provogue India announced to enter Real Estate on Friday. Provogue India with it’s joint venture Prozone enterprises has planned to build 300,000 sq. feet of Real estate property in Aurangabad. The project is stated to go on floor in October 2010. The Managing Director Mr. Nikhil Chaturvedi […]
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Also tagged Bombay, Buoyant Economy, chaturvedi, Cr, Indore, Joint Venture, Malls, Managing Director, Mega Project, Nagpur., Nikhil, Provogue India, Real Estate One, Real Estate Property, sq feet, Textiles
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PA very ambitious and unique project has been announced by a Better Option Propmart(BOP) a Delhi based Real Estate Management and Advisory firm. They are set to launch 15 Real Estate ‘boutique’ across the Northern India. These will be first of its kind boutiques and will be known as ‘BOP Studio’. The idea is based […]
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Also tagged Advisory Firm, Advisory Service, Amit, Amritsar, Free Counseling, Initial Investment, Lacs, Lucknow, Mavi, Meerut, Metro Cities, North India, Northern India, Property Consultancy, Real Estate Consultancy, Real Estate Management, Shopping Experience, Street Outlets, Tier Ii
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March 11, 2010 – 12:12 pm
Supertech, one of the leading real estate firm announced on Wednesday that it will invest Rs.4, 000 cr in developing 15 mega housing and commercial projects in the next three years. The project is concentrated along the northern India. Photo by Architecture & FoodMr. R.K.Arora, Supertech Chairman and Managing Director said they will develop 12 […]
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Also tagged Commercial Projects, Eco Village, Economic Downturn, Haridwar, Housing Projects, Luxury Hotel, Meerut, National Capital Region, noida, Radisson Group, Rudrapur, Supertech, Uttarakhand
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The Propertywala sector appears to have found its feet with focus on affordable housing and this may reflect in the June quarter results of the companies. The move has led to higher sales for many companies, but on the other hand, it has also impacted the margins negatively. The reason being that the mid-segment housing […]
Mumbai seems to be the next destination for realty giants DLF and Unitech. Both companies are trying to restart some of their projects in Mumbai which were on hold. Unitech, said, “We have a number of slum redevelopment projects in Mumbai. We also have a focus on affordable housing and some projects will be announced […]
A well known real estate private equity fund, Fire capital is interested in investing three hundred million dollars in real estate projects. Fire capital will invest it in country wide in next 3 years. Major investment market will be in tier-II and tier-III cities for residential projects. Fire capital CEO Om Chaudhary said,”We would invest […]
January 6, 2009 – 3:06 am
Sahara Prime City, the real estate arm of Sahara India, has appointed different construction companies for developing residential blocks at Sahara City Homes. The projects are the part of Sahara’s chain of 217 townships to be developed across India. Each township is spread over 100-300 acres. Development of the townships is taking place in phased […]
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Also tagged Ahmedabad, Construction Work, Full Swing, Indore, Nagpur., Real Estate, Residential Blocks, Residential Homes, Sahara City, Sahara India., Townships
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December 23, 2008 – 11:42 pm
Unitech is planning to raise $300-500 million through an issue of convertible debt instruments to multiple private equity investors. According to a person with direct direct knowledge of the company’s plan, Unitech, which is desperately looking for a cash infusion to repay a debt of Rs 2,700 crore in three months, is holding negotiations with […]
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Also tagged Asset Sales, Attractive Price, Cash Infusion, Conversion Price, Convertible Debt, Debt Instruments, Debt Issue, Equity Stake, Institutional Investor, Market Capitalization, Och Ziff, Private Equity Investors, Purpose Vehicles, Realty Firm, S Board, Tpg Axon, Unitech
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December 2, 2008 – 8:30 am
Its raining discount here in Bangalore on residential projects being developed by Sobha Developers. Residential demand in Bangalore is currently sluggish. Although the company plans to launch one new project in Bangalore in Fiscal year 2009, given the slowdown in demand, the company has pushed back time lines of its other planned projects. The company […]
November 20, 2008 – 1:29 am
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 […]
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Also tagged Agricultural Land, Cash Crunch, Cash Reserves, Commercial Projects, Country Planning Department, Government Charges, Gurgaon, Haryana Government, K P Singh, License fee, Partial Withdrawal, Residential project, Town And Country
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November 3, 2008 – 1:46 am
With banks reluctant to lend to the real estate sector, developers are looking at alternative instruments of funding such as lease discounting for completing ongoing projects, especially the commercial ones. The sector, which has been hit by the global financial crisis, has seen more than a 60% fall in demand in the last six months, […]
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Also tagged Allahabad, Bank Loans, Chamaria, Commercial Projects, Credai, Global Financial Crisis, Lease Agreements, Ongoing Projects, Psu Banks, Real Estate Developers, Real Estate Sector, Realty Companies, Sbi Capital Markets, Sources Of Funding, Uco Bank
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August 18, 2008 – 2:36 am
Distance is no longer a restriction for prospective buyers on the look out for a dream home. It seems people do not mind traveling a few extra miles as long as the location provides for convenience of commuting. With the announcement of a number of transport and road infrastructure projects, property prices are shooting up […]
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Also tagged Barasat-Raichak Expressway, Diamond Group, Eden City, Estate Projects, Housing Projects, Infrastructure Projects, Property Exhibition, Rajarhat, Real Estate Developers, Real Estate Developers Association, Road Infrastructure, Salim Group
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August 12, 2008 – 4:20 am
Real estate firm SRK Group is planning to invest Rs 5,000 crore in developing various properties across the country over the next five years with plans to expand to new cities. “The group has identified many projects in south India and other parts of the country to pump in about Rs 5,000 crore in the […]
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Also tagged Ahmedabad, Ambulance Services, Chennai, Commercial Projects, Delhi, Gurgaon, Healthcare Facilities, Housing Units, Kerala, Pune, Rasheed, Real Estate Firm, South India
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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 […]
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Also tagged Alternative Investment Market, Hendersen, India, Ishaan, K Raheja, Overseas Markets, Park Projects, Raheja Group, Real Estate Sector, Retail Ventures, Sezs, Shopping Malls, Southern India
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Arrival of boom in real estate has seen mergence of many realtors and builders. Among the front runners, one is Amarapali group. Over a span of 12 years, the group has build scores of residential building, commercial complexes and corporate houses. It is now foraying encouragingly into the extremely challenging space of SEZs. This remarkable […]
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 […]
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Also tagged Dlf, Finance Model, Free, Housing Sales, Independent Fund, Japanese Bank, Largest Realty, Management Arm, Real Estate Sector, Realty Advisors, Realty Firms, Unitech
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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 […]
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Also tagged Carlson Hotels, Hospitality Business, Kandivali, Meditation Room, Mspa, Private Spa, Radisson Resort, Residential project, Resort And Spa, Retail Spaces, Spa Property, Steam Room
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For prospective real estate buyers in the state capital, thinking big seems to be the guiding light, at least when buying apartments is concerned. The new concept of one-BHK flats in Ranchi has failed to attract customers, leading developers to shelve many such projects. The “revolutionary” projects were supposed to provide reasonably good accommodation at […]
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, […]
February 1, 2008 – 1:39 am
Year 2008 has some excellent news in store for private developers and middle-income home buyers. For, minister of state for urban development Ajay Maken has freshly started the procedure of providing ground to private developers in Delhi with 40% floor space index (FSI) for developing low-cost housing. “With this move, private developers can use surplus […]
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Also tagged Affordability, Floor Space, Fsi, Housing Projects, Low-Cost Housing, Metros, Middle Class, Minister Of State, Model Act, Model Bill, Private Developer, Private Developers, Real Estate, Regulatory Body, Residential Property, Space Index, Surplus Land
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February 1, 2008 – 1:38 am
30 January, 2008, New Delhi: DLF Ltd. has reported a quarterly consolidated net profit of 21.45 billion rupees ($544.4 million) on Wednesday. It assured that the growth will remain robust on strong demand. Mr. Rajiv Singh, Vice Chairman, told the reporters “There is no decrease in demand. People have realized that while interest rates may […]
January 28, 2008 – 7:06 am
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 […]
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Also tagged Apartment, Bangalore, Houses, Investment, Investment Project, Menon, outer ring road, Raghav Menon, Residential project, Residential Space, sobha developers, Sobha Petunia
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