February 11, 2013 – 6:31 pm
Ahmedabad Development Authority (AUDA) finally blew the whistle for obtaining NA for agricultural land. AUDA, banning the conversion of agricultural land for other purposes, issued notice in the last week. Thousands of realty investors who have hugely invested in lands will be affected by the new development plan issued by Ahmedabad Development Authority (Urban). As […]
February 4, 2013 – 7:58 pm
Ahmedabad Urban Development Authority (AUDA) announced its Development plan on February 1. The new plan raised the floor space index (FSI) up by 30%. Ahmedabad Urban Development Authority has announced a 30% rise in the floor space index on February 1. The increased FSI will enable the builders to construct taller buildings. The new development […]
The skyline of Indian cities could soar as the government considers permitting vertical growth with the aim of checking runaway realty prices and generating resources to upgrade urban infrastructure for future growth. A Planning Commission steering committee, in its draft report, has recommended providing additional FSI (floor space index; the ratio between built-up area and plot size) as development rights, but said […]
Indiabulls Real estate has planned to use more than five hundred million dollars to launch projects at a time. This money is raised from a recent share sale. Mr. Gagan Banga, CEO, said that their aim is to launch 6-7 residential projects in this FY. He showed interest towards pursuing some large projects. Indiabulls is […]
January 8, 2009 – 12:33 am
Malls are loosing brands to high street. Retailers grappling with issues of viability, visibility and branding are now quitting malls. Recent months have seen a gradual, but noticeable exodus of brands from malls to single-format stores on high street. This trend has added to the stagnant spaces in new malls, which have already been finding […]
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Also tagged Chennai Hyderabad, Cushman & Wakefield, Global Real Estate, Initial Bookings, Jones Lang Lasalle, Jones Lang Lasalle Meghraj, Kolkata, Ncr, Rajneesh, Real Estate Solutions, Retail Destination, Retail Services, Services Director, Urban India
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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 […]
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Also tagged 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 3, 2008 – 11:26 pm
As affordable housing is becoming the new mantra for real estate developers, the concept is attracting a lot of attention from the real estate funds fraternity. The $250-million First Indian Real Estate (FIRE) Capital Fund Ltd is making its first deal in the segment. According to industry sources FIRE Capital is currently in the due […]
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Also tagged Affordable Housing, Due Diligence, East India, European Markets, Housing Project, Industry Sources, Mantra, Permutations And Combinations, Real Estate Developer, Real Estate Developers, Realty Fund, Ticket Size, Tier II, Venture Capital Fund, Venture Fund, West Bengal
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When a London-based real estate marketing firm recently held India property road shows in the US and UK, they were zapped to find Ahmedabad rubbing shoulders with Goa and Mumbai when it came to attracting the highest number of non-resident Indian (NRI) queries. At a time when the appetite for Indian realty is growing in […]
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Also tagged Axiom, Credai, Goa, Gujarat, Hot Spot, India Property, Indian Cities, Luxury Apartments, Marketing Firm, Mumbai, NRI, Nris, Property Developments, Real Estate Marketing, Sub Prime Crisis
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The Real estate industry in India has been growing by leaps and bounds in the past few years. However, the country still lacks a credible way to cross-check the price swings (real or reported) in the sector. For example, recent reports of residential prices cooling off in major cities of the country could not be […]
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Also tagged Equity Investors, Financial Institutions, Government Body, Hyderabad, Index, Jaipur, kanpur, Launch, Major Cities, Market, Market Trend, Price, Price Appreciation, Residential Prices, Sensex
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AHMEDABAD: After pitching ‘Brand Amdavad’ at home, Amdavadi realtors are now cementing plans to hard sell Amdavad realty to non-resident Gujaratis (NRGs) right at their doorway. For the Gujarat Institute of Housing and Estate Developers (GIHED) has joined hands with the Association of Indian Americans in North America (AIANA) to host their first international property […]
The Ascott Group (Ascott) has acquired its first serviced residence with more than two hundred units in Ahmedabad. The investment is a joint venture with The Rattha Group (Rattha), a company in the field of exports, infrastructure development and leasing. Ascott has invested more than two hundred fifty million rupees for the project and will […]
Chandigarh: DLF, a leading real estate player in the country, plans to invest Rs 1,250 crore for the development of its multiplex business. The company has planned to add minimum 500 screens in the next four to five years across the country. DLF’s entertainment arm DT Cinemas will set up a megaplex, which will have […]
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Also tagged Bangalore, Chandigarh, Chennai, DLF, DLF Infocity, Goa, Gurgaon, Hyderabad, IT Park, Kochi, Kolkata, Mumbai, Pune, Savitri-GK2, Shalimar Bagh, Vasant Kunj and Saket in Delhi and Star Mall
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Considering the boom in the luxury car segment in the country, German car maker Audi said on Friday it expects to sell 1,200 units in India by the year. The company is also ready to start assembling its, yet to be launched, A4 variant in the country with an investment of 10 million euros.
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Also tagged Audi, Aurangabad, car, Chandigarh, Chennai, cochin, delhi, Gurgaon, Hyderabad, India, invest, Kolkata, ludhiana, showroom
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The Ministry of Railways have set up Rail Land Development Authority (RLDA) by an amendment to Railways Act, 1989 (Amendment No. 47 of 2005) for commercial development of vacant railway land for generating revenue. So far 115 sites, covering a total area of 1139 hectares (approx) have been entrusted to the Authority for commercial development […]
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Also tagged agra, Amritsar, anand vihar, Bangalore, bhopal, bhubaneshwar, bijwasan, carnac bunder, Chandigarh, Chennai, Commercial property, delhi, gaya, guwahati, habibganj, howrah, Jaipur, kanpur, Land, lucknow, mathura, Mumbai, Nagpur, New Delhi, patna, Pune, railways, RLDA, secunderabad, thiruvananthapuram, tirupati, varanasi
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February 18, 2008 – 8:59 am
The real estate development in Ahmedabad has seen tremendous growth over the past two years. The property prices have shot up faster than even Delhi or Mumbai and investors are making beeline to buy them. A. Mukhopadhyay, an NRI is looking to purchase a house in Ahmedabad. Mukhopadhyay has his roots in Kolkata but he […]
