October 22, 2008 – 5:17 am
A two-day real estate conference, Build Up 2008, which started in Bangalore on Tuesday, bore the grim realities of the global financial crisis and its impact on Indian real estate. Neither of the two major speakers — Union urban development minister S Jaipal Reddy and CM B S Yeddyurappa — turned up. The other prominent […]
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Also tagged Confederation, Development Minister, Global Financial Crisis, Global Slowdown, Grim Realities, India, Indian real estate, Jaipal Reddy, Profits, Real Estate Developers, Real Estate Developers Association, Sobha Developers, Speakers, Urban Development
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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 […]
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Also tagged 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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September 25, 2008 – 12:25 am
Real estate developer QVC Realty plans to raise Rs 600 crore in 2009 through a mix of equity and debt, primarily to buy large tracts of land in the south, especially closer to the new airports in Bangalore and Hyderabad. According to a senior official of the IL and FS backed QVC, it plans to […]
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Also tagged Acre Plot, Chikmagalur, Close Proximity, Current Projects, Gurgaon, Hyderabad, Karnataka, Prakash, Promoter, Qvc, Real Estate Developer, Residential Project, Sobha Developers, Spv, Stages Of Development
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August 26, 2008 – 4:56 am
After delivering more than 11,000 residential flats and a number of commercial establishments in Pune, Goel Ganga group is on a major expansion mode. The group is all set to deliver 10,000 flats within next three years in prominent cities like Bangalore and Mumbai along with Pune at an estimated investment of Rs 5,000 crore. […]
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Also tagged Ambitious Project, Cinema Multiplex, Commercial Complexes, Commercial Establishments, Commercial Space, Expansion Mode, Expansion Plans, Hospitality Business, Hospitality Sector, Nagpur, Real Estate Sector, Residential Flats, Residential Projects, Screen Cinema, Tree Hotel
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It always comes to hear that time is now ripe to go to Tier2 and Tier3 cities for IT and ITES companies. Being part of a big city or Tier1 city and being an SME, we keep wondering too whether should we go or not and if yes is the time ripe and if so, […]
Renting a house in Bangalore is as easy as never before. Thanks to notable increase in the rate of urbanization in this part of the country. Often Bangalore is termed as the IT capital of India. Many IT professionals come to Bangalore for various training activities as many IT majors have their head quarters located […]
As new government policies drive progress towards addressing climate change and other key environmental issues, the real estate markets around Asia and the world will change its look quickly and adopt green building concept, both in developing new buildings and improving existing ones, . This transformation will be driven by various combinations of regulation, government […]
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Also tagged Aspiration, Chennai, Conventional Buildings, Cost, Employees, Energy, Government, Government Policies, Green Certificate, House Renter, Market, Mumbai, New Buildings, Requirement
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Sobha Developers, a Bangalore-based realty major focussed on residential space, is looking at diversifying its portfolio through slum redevelopment schemes and special economic zones (SEZs), retail and commercial projects. Mr. Raghav Menon, Executive director, said that the company would build an SEZ in either Tamil Nadu or Kerala. He said, “We haven’t decided on the […]
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Also tagged Commercial Projects, Crunch, Hyderabad, Investment, Joint Venture, Land Acquisition, Liquidity, Mysore, Orissa, Private Equity, Pune, Residential Space, SEZ, Slum, Special Economic Zones, Tamil Nadu
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Many expect a further correction in home prices in India. Since the volumes of property transactions are going down, hence the asking price for property will also go down. Additionally, over-supply of property is posing as a major reason for the slow down in Real Estate prices.Recent media reports have also suggested the same trend. […]
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Also tagged Cheer, First Quarter, Goodies, Home Seeker, India, Property Developer, Property Transaction, Pune, Real Estate P, Segment, Slow Down, Tier II
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Phoenix Mills is in the final stage of acquiring three thirty acre plots in Ahmedabad, Hyderabad and Nashik for around eight billion rupees. The company plans to develop malls and entertainment zones on these lands. It is learnt that the deal is likely to be sealed in the next few weeks. The Mumbai-based real estate […]
The transaction level has gone down drastically in various markets. It has resulted in price fall in realty market. This is also because residential capital values in some micro markets in the metros have shown a negative growth in the last 3 months. After tracking capital values in metros such as Mumbai, Chennai, Bangalore as […]
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Also tagged Amp, Capital, Friends Colony, Gk, Gurgaon, Hauz Khas, Metro, Ncr, noida, Prime Areas, Prithviraj, Pune, Realty Market
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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 Ahmedabad, 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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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, Ahmedabad, Amritsar, anand vihar, 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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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 […]
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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) […]
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 invested from its global […]
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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 […]
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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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