Tag: Residential Space

Bangalore: Just about Office….Office.

April 14, 2012 – 6:37 pm

While demand for residential space was mostly sluggish in 2011, demand for office and retail space remained healthy in Bangalore. The market for commercial space is estimated at 50 mil sq. ft. across the country. The average yearly absorption rates in Bangalore and NCR are about nine mil sq. ft. While six mil sq. ft. […]

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Lutron To Enter Residential Space

July 20, 2010 – 8:26 am

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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IL&FS Increase Investments In Realty Sector

June 26, 2010 – 11:05 pm

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. […]

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Shree Precoated To Separate Its Steel Business Into Separate Company

May 19, 2008 – 6:14 am

MUMBAI: The Ajmera group-controlled Shree Precoated Steels, which has interests in real estate and steel, has taken a decision to hive off its steel business into a separate company. This will be a reverse merger as the Mumbai-based group had earlier merged its real estate assets with Shree Precoated Steels. The group will rename Shree […]

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Sobha Developers Plan for Residential Projects

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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