April 24, 2008 – 10:32 am
The stock of unoccupied properties with real estate developers in the main technology hubs of Bangalore and Chennai is mounting and indications are that their problems will only get worse as software companies head towards greener pastures.
Mumbai has witnessed the world’s highest (94.4%) increase in rentals of industrial space in 2007 from Rs 18 per square feet per month to Rs 35 per square feet per month ($10.88 per square feet per annum).
With this, the financial capital of the country leaped 11 positions to be 26th most expensive industrial locations in [...]
By Rajani
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Posted in Property News
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Also tagged Asia Pacific, Chennai, Dublin, Frankfurt, Imt Manesar, India, Industrial Space, Location, London, Moscow, National Capital Region, Pune, Singapore, Sriperumbudur, Tokyo
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March 10, 2008 – 12:47 am
BANGALORE: Ahead of the opening of Bangalore International Airport at Devanahalli, foremost real estate firm Sobha Developers on Saturday announced the commencement of their biggest single location project, Sobha Lifestyle, in the locality of the airport area. This project is located just 7 km from airpot.
J C Sharma, Managing Director, Shobha Developers Limited (SDL) told [...]
BANGALORE - IBM Corp plans to make better growth in India as part of its strategy to improve focus on promising markets and as local companies spend more on technology to cut costs and improve efficiency, an official said on Tuesday.
January 28, 2008 – 8:49 am
Rreef has entered into the Indian real-estate sector with initial investment of $70 million. Rreef is known as global alternative investment manager business of Deutsche Bank. Rreef would be taking an undisclosed stake in Bangalore and Hyderabad based Golden Gate Properties Ltd. Rreef has no specially India dedicated fund, it has [...]
By Rajani
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Posted in Property News
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Also tagged Alternative Investment, Apartment Projects, Assets Under Management, Commercial Projects, Dedicated Fund, Deutsche Asset Management, Deutsche bank, Global Fund, Golden gate, Golden Gate Properties, Hyderabad, Indian real estate, Initial Investment, Investment Destination, Investment Manager, Majority Stake, Manager Business, Properties Ltd, Real Estate Sector, Residential Apartment, Retail Clients, Rreef, Undisclosed Stake
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January 28, 2008 – 7:32 am
Mr. Lalit Gandhi, chairman and managing director, Lok Housing & Constructions says that they have decided to initiate around eight projects in Mumbai, Navi Mumbai, Pune and Bangalore in coming six months.
The proposed projects will cover 42-50 million sq ft saleable area, and 60 % of this will be residential development and is likely to [...]
By Rajani
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Posted in Property News
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Also tagged Constructions, Kalyan, Lok housing and construction, Mr Gandhi, Mumbai, Navi Mumbai, Pune, Residential Development, Residential Project, Residential ProjectsWhitefield, Residential Purpose
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