Anand Rathi Financial Services and property consultancy Knight Frank India are planning to launch their second real estate fund by end of this months and looking to raise around Rs 500 crore (~$100 million). Unlike its peers who are hitting foreign shores to raise new funds, the joint fund rental yield and appreciation portfolio (RYAP) fund will be […]
By skgupta
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Posted in Property News
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Also tagged AIF, Alternate Investment Fund, Anand Rathi Financial Services, Bangalore, Knight Frank India, Mumbai, National Capital Region, Ncr, Pune, RYAP, Second Realty Fund
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April 24, 2012 – 11:35 am
Hyderabad has emerged as the world’s third most affordable office location in 2011 in a list prepared by global realty consultant DTZ, which has also named Chennai and Pune among the top five such positions. According to DTZ’s latest study ‘Global Occupancy Costs – Offices’, Surabaya in Indonesia and Qingdao in China were placed in the top two positions of the chart as the most affordable […]
By skgupta
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Posted in Property News
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Also tagged 2011, affordable office location, Geneva, Global Occupancy Costs - Offices, global realty consultant DTZ, Hong Kong, Hyderabad, London, Paris, Pune, Surabaya, Tokyo
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While demand for residential space was mostly sluggish in 2011, demand for office and retail space remained healthy in Bangalore. The market for commercial space is estimated at 50 mil sq. ft. across the country. The average yearly absorption rates in Bangalore and NCR are about nine mil sq. ft. While six mil sq. ft. […]
By skgupta
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Posted in Property News
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Also tagged Bangalore, Commercial Space, DTC, Hyderabad, IT & ITES sector, Jones Lang LaSalle India, Kalyani Developers, Karun Varma, MNC IT companies, Mumbai, Ncr, Office, Residential Space, Shrinivas Rao, Vestian Global Workplace Services
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Market study says, prices of residential real estate have increased in the last one year and is going to be the same in coming future which means buying flats close to commercial areas will help the investors to get good return due to the high rental income. Executive director of KDP Infrastructure, Tanuj Goel said: […]
By skgupta
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Posted in Property News
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Also tagged 1BHK and 2BHK flats, Anuj Puri, Bangalore, buying flats, commercial areas, delhi, Executive Director, global consultancy, good return, government agencies, head, high rental income, infuse liquidity, Investors, Jones Lang LaSalle India, KDP Infrastructure, last one year, Lotus Infra Projects Pvt Ltd, market study, most profitable investments, Mumbai, O P Agarwal, Property prices, Pune, Real Estate, reduction in CRR, Residential Real Estate, Tanuj Goel, Tier I cities, Tier II cities
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‘Inno GeoCity’; a residential project, is launched by Inno Real Estate in Oragadam near Chennai. This firm is a division of Inno while Inno is a , a global investment group focussed on Indian real estate with operations in India, Middle East and Europe. On Monday, Rajamannar Ramaswamy, the Group Managing Director said that GeoCity […]
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Also tagged Amenities, GDV, GeoCity, Global Investment, Gross Development Value, India, Indian Projects, Investment group, Middle East, Residential Project, Residential Units
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May 1, 2010 ‘Your Gateway to India 2010‘ is the title of the realty expo organized for the first time by Times of India in USA. This expo is organized to give exposure to NRI Indians about the booming India’s economy of $1.2 trillion. This Expo is scheduled on 1st and 2nd of May, 2010 […]
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Also tagged Bangalore, Confident Group, DB Realty, delhi, Edison, Godrej Properties, Hiranandani Group, Jaypee Group, Mantri Developers, Mumbai, New Jersey, Paranjpe Constructions, Pune, Reddy Constructions, Santa Clara, Times of India, USA, Vijay Shanti, Your Gateway to India 2010
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April 12, 2010 – 11:32 am
March 12, 2010 The conditions of commercial property are finally ameliorating. Both the retail space and office are back in demand. Although, the development in 2010 is most likely to occur in tier-1 cities of Mumbai, NCR, Bangalore and Chennai, a new group of companies is, for the first time, considering off shoring in these […]
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Also tagged Bangalore, Commercial Leasing, Commercial property, Estate Consultant, Global Real Estate, Hyderabad, JLLM, Jones Lang Lasalle Meghraj, Kolkata, Ncr, Outsourcing to India, Prestige Estates, Pune, Retail Space, Tier 1
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September 26, 2009 – 1:54 pm
Mumbai is expected to see the highest demand for residential space of approximately 16.40 lakh units due to the large scale urbanization. The mid-scale and affordable housing in suburban and peripheral areas will be the focus of this demand. However, the demand for office space would be approximately 23.7 million square feet, which is lower […]
September 18, 2009 – 1:15 pm
The Chennai-based El Forge Ltd is selling its land at Thuraipakkam for ten crore rupees as part of its restructuring plan. The company, which made a loss of Rs 18 crore last year on a turnover of Rs 87 crore, will make a substantial profit on the transaction. Company officials do not want to disclose […]
August 13, 2009 – 1:56 pm
Affordable housing is the only solution for the middle income indians. Most of the people are in search of affordable homes in metros particularly in delhi/ ncr, bangalore, chennai and pune. According to the report by Knight Frank Research Households with an annual income between Rs 3 lakh and Rs 10 lakh in Mumbai, NCR, […]
PropertywalaSome years ago, real estate was not supposed to be an industry. During property dealing, a fear always came in mind of getting deceived. It was supposed to be the cup of tea for clever brokers and mediators. These days, Real estate has changed into a fair and transparent industry. Lots of choices and information […]
India Real Estate LinkThe national capital has become the most expensive city in the country for expatriates. Comparing with other metro cities, New Delhi is ahead of Mumbai, Bangalore and Chennai. However, all Indian cities have witnessed a decline in their rankings in terms of cost of living this year with New Delhi falling to […]
PVP Ventures has sold its 90- ground prime property at Vadapalani in Chennai to education group SRM for Rs 140 crore. The property developed over 90 grounds with a built-up space of 3 lakh square feet. SRM University has chalked out big plans for making use of the office space. It is in the process […]
December 26, 2008 – 2:12 am
Government is planning another round of home loan package to make purchase of a house within the reach of middle class. PSB announced a home loan rate-cuts for homebuyers, a week ago. But, it was found that the package was far from expectations of both the public and developers. In that package, home loan up […]
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Also tagged Bangalore, Corridors, Home Loan, Homebuyers, Hyderabad, Interest Rate, Loan Package, Ncr, Public Sector Banks, Sentiment, Slowdown, Sweetener, Tax Rebate
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August 23, 2008 – 5:38 am
MPC Energy, a JV between Germany-based MPC Capital and Switzerland-based Synergy Asset Management, has invested Rs 1,300 Crore in the purchase of equity in special purpose vehicles floated by Phoenix Mills, a real estate developer. 70% of the investment is expected to be used for fifteen projects that are in development stages, while the remaining […]
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Also tagged Corporate Identity, Entertainment World, Equity Stakes, Foreign Direct Investment, Hotels In Mumbai, Hotels Phoenix, JV, Luxury Hotels, Phoenix Mills, Pipeline, Pune, Purpose Vehicles, Real Estate Developer, Shangri La, Special Purpose, Synergy Asset Management, Udaipur, World Developers
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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 […]
By admin
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Posted in Property News
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Also tagged Airports, Anand, 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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With companies, particularly in the IT and BPO industry, holding back their expansion plans due to slowdown fears, the commercial real estate market posted a lackluster show in the 2nd quarter of 2008. The June quarter saw office space demand lagging far behind the supply levels of 18.07 million sq. ft. across major cities, as […]
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Posted in Property News
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Also tagged Central Business District, Commercial Real Estate, Cushman, Cushman & Wakefield, Excess Supply, Ncr, noida, Office Space, Rajiv Gandhi, Rental Values, Slowdown, Space Market, Wakefield
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Indo Rama Retail Holdings Pvt. Ltd, the retail venture of the promoters of Indo Rama Synthetics (India) Ltd will be setting up 200 stores across the country over the next three years. Announcing the launch of the company’s store in Chennai, Mr Ashok Srivastava, chief operating officer, Indo-Rama Retail Holdings said, “Any company spends close […]
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Also tagged Accruals, coimbatore, Indo Rama Synthetics, Launch, Market Share, Media Sectors, Office Materials, Retail Stores, Retail Venture, Tier 3, Trichy
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US-based real estate management, investment and development consortium, JNB Investments LLC, has forayed into the Indian hospitality market, with plans to set up 50 hotels in the country by 2015. The company will invest about Rs 2000 Crore in the development, which will be collected through internal accruals and other sources of funding. JNB will […]
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Posted in Property News
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Also tagged Amritsar, Banglore, Calicut, Goa, Hospitality, Hotels, Jalandhar, JHM, JNB, Mumbai, New Delhi, Vishakhapatnam
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After staying the construction of a shopping mall by the DLF in Chennai, the Madras High Court has ordered the real estate foremost to take away all temporary structures from the site. The First Bench, comprising Chief Justice A K Ganguly and Justice F M Ibrahim Kallifulah, gave the order on 11th July on a […]
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, Bangalore, Conventional Buildings, Cost, Employees, Energy, Government, Government Policies, Green Certificate, House Renter, Market, Mumbai, New Buildings, Requirement
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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, Bangalore, Chandigarh, 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 Ahmedabad, Audi, Aurangabad, car, Chandigarh, 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, Ahmedabad, Amritsar, anand vihar, Bangalore, bhopal, bhubaneshwar, bijwasan, carnac bunder, Chandigarh, 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.
