More trouble for the builders, farmers of Yamuna expressway may target F1 track. After Noida and Greater Noida, its now turn of Yamuna Expressway land row to cause worries among thousands of homebuyers. Farmers more than 30 villages, along the Greater Noida – Agra toll road, the villagers decided to move to Allahabad High Court […]
The RBI’s decision to rise its policy rates, leading to hike in lending rates by banks, will adversely affect the sectors like real estate and automobile. These increases in the policy rates will raise the cost of properties as it increases cost of funds. The RBI’s hiking of the repo rate by 25 basis points […]
THANE : In a step that could lift the curtain of secrecy surrounding the process of construction projects, chief minister Prithviraj Chavan on Monday inaugurated a web-based portal for issuing clearances for new building plans. The software of the portal is designed to issue timebound clearances. The commencement certificates has been the preffered project of […]
MUMBAI: In view of the tremendous response received by state-run housing corporation MHADA for its offer of 4,034 houses under different categories, Builders Association of India has adviced the Maharashtra government to take control of the redevelopment of SRA schemes and nominate MHADA, MMRDA and CIDCO as the official agencies for redevelopment of slum. BAI […]
This is first real estate huge deal in the NCR, New Delhi based realty major Emaar MGF is in an advanced stage of selling its under-construction 550 flat residential complex Palm Drive which in Gurgaon for Rs 1,000-1,200 crore to New York-based realtor Tishman Speyer. For the stressed Emaar MGF, a joint-venture between Dubai-based Emaar and Shravan […]
NEW DELHI: 17 flats which DDA said were constructed illegally in the upper basement of the Games Village will soon be razed. The developer Emaar MGF have been served the notice by the building department of the Delhi Development Authority to this effect on May 2. The vice-chairman of the DDA, G S Patnaik, said […]
The Counsel for the Sahara group of companies came in for some uncomfortable queries from the Supreme Court on Monday on its appeal against the bar on its recent schemes of raising the funds. Subrata Roy The Securities and Exchange Board of India had first banned two group entitites and their promoters from raising money. […]
April 25, 2011 – 11:10 am
Rising real estate rates may have resulted in a spiky decline in property sales, but it has lead to a good growth in rental value in Mumbai and other metropolitan cities in the country. Mumbai and the outskirts of the city have seen an 11% growth in rental value in the past year. The figure […]
A Delhi-based high-scale hotel chain, Lemon Tree Hotels, as a part of its strategy to tap High potentials in North, West and South of the country, plans to have at least 20 hotels of the 4-star category. These as per the Hotel chain’s estimate will get operational in two years. This company operates 4-star Lemon Tree and 3-star […]
The ad-for-equity business, the Brand Capital of publishing group Bennett, Coleman and Co. Ltd., has hired real-estate adviser Knight Frank India Pvt. Ltd to manage its Rupees 5 billion real estate portfolio. “This is the first initiative of its kind where we have taken up such asset management and advisory for a large corporate house,” […]
M3M India Ltd. chains up with Larsen & Toubro, one of the leading construction firms to build their finest luxury residence in Gurgaon which is 7 star to be named as “M3M Golf Estate”.. This project will be constructed by L&T in collaboration with LERA International, the world’s leading consulting firms. The estimated worth of […]
November 9, 2009 – 5:37 pm
Photo by Carlos Lorenzo Jaiprakash Associates (Jaypee Greens) have announced the launch of their new project “Jaypee Greens Sports City”, a luxury township with residential and sports facilities, near the Taj Expressway (connecting Greater Noida to Agra). “The Sports City is positioned for everyone who appreciates luxurious surroundings and spaces equipped with sports and recreational […]
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Tagged Affordable Housing, Announcement, Developers, Flats, Greater Noida, Jaiprakash Associates, jaypee, Jaypee Greens, Jaypee Greens Sports City, Luxury Apartments, noida, Project Launch, Residential Flats, Residential Project, Sports City, Taj Expressway
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September 9, 2008 – 3:18 am
The eighth Indus India Property Exhibition will be held on 19 and 20 September at Giwana Ball room of the Ramada Plaza in Doha. The exhibition will display some of the leading names in the Indian real estate sector. Some of the foremost builders and housing finance institutions from India would be taking part in […]
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Tagged Current Real Estate, Estate Projects, Fdi, Finance Companies, Finance Institutions, Financing Options, India Property, Indian Government, Indus, Property Exhibition, Ramada Plaza, Real Estate Investments, Real Estate Sector, Residential Apartments
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September 6, 2008 – 6:24 am
BSE reports shows that Foreign institutional investors (FIIs) have reduced their investment in real estate companies, mainly Parsvnath Developers and Unitech by 0.8 and 2 % correspondingly, year-on-year. According to shareholding data available on BSE, the domestic financial institutions and banks have amplified their inevstment in Unitech Ltd by more than 1.5%, while Foreign institutional […]
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Tagged Bse, Developers, Domestic Financial Institutions, FIIs, Foreign Institutional Investors, Foreign Investors, Investment Companies, mutual funds, Parsvnath, Real Estate Companies, Shareholding, Stake, Unitech Ltd, Uti
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September 5, 2008 – 4:34 am
Anand Jain-controlled Jai Corporation, an infrastructure company, has raised commitments worth five thousand six hundred eighty six crore rupeees through its venture capital management company’s two funds. Urban Infrastructure Venture Capital, the company’s venture capital company, is the Indian Advisor to UIREF, a Mauritius-based offshore fund that invests in Indian real estate. Urban Infrastructure Real […]
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Tagged Capital Management Company, Estate Projects, Grange High School, Infrastructure Company, Infrastructure Opportunities, Investment Focus, Jai Corporation, Mega Play, Mukesh Ambani, Navi Mumbai, Reliance Industries, Sezs, Target, Urban Infrastructure, Venture Capital Company, Venture Capital Management
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September 4, 2008 – 4:55 am
Affected by slowdown and reported corrections in prices, the country’s real estate industry predict growth in the long term despite costly home loans and lack of funding for realty projects. According to a most recent study by Ernst & Young and FICCI on the country’s real estate scenario, about 62% of the respondent developers expected […]
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Tagged Affordable Housing, Consensus, Current Projects, Delivery Mechanisms, End Users, Ficci, Geographies, Home Loans, Hospitality Industries, Investment Activity, Land Values, Mid Term, Mixed Reactions, Real Estate, Real Estate Sector, S Real Estate, Slowdown, Valuations
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September 3, 2008 – 9:31 am
Bangalore’s residential rentals in central locations for mid-range properties for second quarter of 2008 have recorded peak values. Mid-range developments are properties quoting rentals between Rs 100,000- 120,000 monthly.
September 2, 2008 – 1:16 am
Saffron Asset Advisors, a private equity player, is planning to launch three new funds in hospitality, logistics and infrastructure early on 2010. Ajoy Veer Kapoor, founder and managing director, Saffron Asset Advisors told FE, “We are planning a five hundred million dollar infrastructure fund, and will introduce two hundred million dollar hospitality and logistics funds. […]
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Tagged Anchor, Capital Markets, delhi, Eight Months, Estate Deals, Foreign Direct Investments, Hundred Million, India Real Estate, Indiabulls, Infrastructure Fund, Logistics Warehousing, Managing Director, Mumbai, Mumbai Delhi, Private Equity Firm, Real Estate Investments, Saffron, Seven Months, Tirupur, Venture Capital Activity, Vishakhapatnam
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September 1, 2008 – 5:53 am
Real Estate Bank India (REBI), is planning to set up three thousand franchisees across the country, with about forty eight outlets in West Bengal in the next few years. Across the eastern region, REBI would open two hundred stores, said Hemant Sikaria, regional head of REBI, on the occasion of launch of two-day expo, Franchise […]
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Tagged bhubaneshwar, Brokerage Services, Business Houses, coimbatore, Database Services, Expo 2008, Franchise Expo, Jabalpur, Jaipur, lucknow, ludhiana, Mysore, REBI, Relocation Services, Technology Platform, Trichy, Varanasi India, West Bengal
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August 29, 2008 – 2:16 am
KOLKATA: The state government has granted to a proposal for granting SEZ status to the JSW steel plant project at Salboni with specific pre-conditions, in addition to which it has approved the acquisition of 3500 acres for Aerotropolis project containing a private airport and real estate at Andal. The Cabinet sub committee on industry agreed […]
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Tagged Acquisition, Government Proposal, Government Steel, Investor, Jsw Steel, Kolkata, Plant Project, Private Airport, Real Estate, SEZ, State government, Steel Plant, Steel Project
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August 28, 2008 – 5:45 am
The Enforcement Directorate(ED), the agency responsible for investigating economic crime in India, has sought information from the Goa government on all companies that bought properties in the state between 2000 and 2007, as it investigates the role of a suspected Russian land mafia. The agency suspects that some Indian companies that bought large plots in […]
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Tagged Bank Of India, Cnn, Economic Crime, Enforcement Directorate, Foreign Exchange Management, Goa, Goa Government, Jones Lang, Land Transactions, Portuguese Influence, Prime Land, Property Consultant, Reserve Bank Of India, Russian Land, Russian Nationals, Tourism In Goa, Tropical Biodiversity
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August 27, 2008 – 2:58 am
Housing Development and Infrastructure Ltd (HDIL), India’s third largest developer by market value, plans to raise Rs1,000 crore within a year to buy land and relocate 80,000 slum families for the Mumbai airport modernization project. The project will entail the country’s single largest rehabilitation exercise, even bigger than the Dharavi project, which will relocate 55,000 […]
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Tagged Business Structure, Commercial Projects, Commercial Space, Finance Firm, Gvk, Hdil, Housing Development, Infrastructure Ltd, Kochi, Kurla, Modernization Project, Mumbai Airport, Premier Automobiles, Rehabilitation Exercise, Slum
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August 26, 2008 – 12:52 am
Three large realty firms have placed bids to build and operate stretches of national highways that have come up for auction this year as part of expanding their portfolio to offset a slump in their core business. Unitech Ltd, DLF Ltd and Omaxe Ltd are among several infrastructure companies bidding for the right to build […]
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Tagged Bank Of India, DLF, Gayatri Projects Ltd, Gvk Industries, Infrastructure Companies, Infrastructure Development, Infrastructure Investments, Inter State, Market Capitalization, Nagarjuna Construction, National Highways Authority, Omaxe Ltd, Real Estate Sector, Realty Firms, Reserve Bank Of India, State Highways
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August 23, 2008 – 5:36 am
Kolkata: Although bullish about the investment opportunities in the state, Mahindra and Mahindra Limited does not have any immediate plan to invest here through its regular brands. Any investment here will rather be in the real estate and IT sectors, Mr Anand Mahindra, vice-chairman and managing director of Mahindra and Mahindra Limited said. He was […]
August 22, 2008 – 6:17 am
Mr Anand Reddy, Director of PBEL Property Development India Pvt Ltd, an Indo Israeli joint venture, poses with a model of PBEL City, a township comprising thirteen residential and two commercial towers of nineteen storey each on a twenty eight acre area situated in Hyderabad development Corridor in Rajendranagar mandal. PBEL, an Indo Israeli joint […]
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Tagged Airports, Anand, Chennai, Commercial Towers, Commercial Venture, Development India, Executive Director, Hyderabad, India Pvt Ltd, Indo, Interior Design Solutions, Joint Venture, Mysore, Solutions Provider, Two Towers
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