October 22, 2008 – 5:09 am
Phoenix Group Global, a promoter of luxury resorts, on Tuesday announced the launch of its own brand of Zuri luxurious hotels and resorts in India. The first five-star hotel will open at Whitefield in Bangalore in January next year, said Priti Chand, media officer of the business group. “We are acquiring land for five other [...]
Posted in Property News
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Tagged Abhishek, Aditya, Carlson Hotels Worldwide, Country Inns And Suites, Floriculture, Hospitality Real Estate, Hotels In Goa, Indian Arm, Luxury Resorts, Multinational Conglomerate, Nagpur, Phoenix Group, Plaza Resort And Spa, Radisson Plaza, Radisson White Sands, Radisson White Sands Resort, Resort And Spa, Visakhapatnam, White Sands Resort, Whitefield
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October 21, 2008 – 2:11 am
TDI Infrastructure Ltd (TDIL) has announced a scheme for customers who wish to build their homes by offering subsidized construction and assured rentals.
A first of its type scheme, Build and Earn, will enable plot owners of TDI City, Kundli, to build their dream house while enjoying a rebate of about 20-25% on the overall construction [...]
Posted in Property News
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Tagged Construction Cost, Construction Work, Infrastructure Ltd, Installments, kundli, Managing Director, New Delhi, Plot Owners, Premises, Taneja, Tdil
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October 20, 2008 – 6:00 am
NEW DELHI: Office space absorption in the country has gone down by 41.11% cumulatively in the three quarters ended September this year, as a fallout of the global economic slowdown.
The total office space take up between January and September this year stood at 5.3 million square feet as against 9 million square feet in the [...]
Posted in Property News
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Tagged Anshuman, Cb Richard Ellis, Commercial Real Estate, Fallout, Global Economic Slowdown, New Delhi Office, Office, Office Leasing, Office Space Leasing, Prime Office Space, Real Estate Services, South Asia
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October 17, 2008 – 1:55 am
Real estate entrepreneur Vijay Raheja has lined up a raft of projects in Mumbai and Bangalore for the next six months to a year—braving a slump in the property market after splitting the family business with his brother in July—and started with a development targeted at the rich.
His company, V Raheja Design Construction launched its [...]
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Tagged Bangalore, Buena Vista, Commercial Projects, Design Construction, Estate Entrepreneur, Family Business, Information Technology Park, Jw Marriott Hotel, Knight Frank, Mumbai, Property Consultancy, Raheja Builders, Regional Director, Residential Project, Whitefield
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October 16, 2008 – 1:58 am
It’s an initiative that could lead to a facelift for Malabar Hill, Mumbai’s toniest address, as well as Nariman Point and other areas in South Mumbai. The city collector has proposed to free government-owned land, which is currently locked in lease agreements, by selling it at market rates.
However, a section of the state administration feels [...]
October 15, 2008 – 7:53 am
An entire township of nearly four thousand new homes is being built in Southern India, dubbed a “mega project” for the country’s building boom.
Sahara Prime City, the real estate arm of Sahara India Pariwar, is building the project in Coimbatore as part of what it says will be a vast chain of townships in 217 [...]
Posted in Property News
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Tagged Ahmedabad, coimbatore, Earthquakes, Jodhpur, Nagpur, Residential Units, Rise Apartments, Roy Head, S Real Estate, Sahara City, Sahara India Pariwar, Solapur, Townships
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October 15, 2008 – 1:33 am
With the domestic bourses taking cues from global markets, the realty stocks on Wednesday dipped 3.70% as bearish sentiments gripped the market.
The realty index opened at 2,720.59 points and touched an intra-day low of 2,701 points in the first few minutes of trade. It was later quoting at 2,716.17 points, down 3.16%. Led by Indiabulls [...]
October 14, 2008 – 1:13 am
Falcon Realty Services Private Limited (FRSPL) is dynamically involved in Land acquirement and Land consolidation in India for more than twenty years. It is launching a real estate project named Global Eco-City on Expressway (NH-8) in Delhi - NCR. The project to be spread over thirty-five acres in the initial phase. It promises to be [...]
Posted in Property News
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Tagged Bhim, Delhi Ncr, Dynamic Location, Eco City, Falcon, FRSPL, Global Awareness, Green House Gas Emissions, Investment Growth, Land Consolidation, Master Planned Community, Mr Yadav, Nascent Stage, Realty Services
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October 8, 2008 – 9:05 am
Rising property prices and increased interest rates, coupled with a demand-supply mismatch has brought down the overall affordability of residential properties in the country today forcing developers to resort to offering feebies and early bird discounts to arrest fall in sales, according to a recent report.
The economic slowdown which has mainly affected suburban and non-metro [...]
Posted in Property News
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Tagged Asset Classes, Cash Reserves, Cautious Approach, Cushman And Wakefield, Economic Slowdown, Installment Payment, Investment Terms, Land Reserves, Land Transactions, Lifetime Warranty, Metro Locations, Residential Developers, Residential Projects, Residential Properties, Suitable Investment
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October 6, 2008 – 12:36 am
There is a new mantra among builders. They are chanting it with the fervor of cheerleaders: green architecture. The flag bearer of green construction is the Indian Council of Green Building (ICGB). An organization formed by the Confederation of Indian Industry and the Sohrabji Godrej Green Business Centre, the ICGB is calling eco-friendly architecture a [...]
