Real estate major Parsvnath Developers may soon be able to reduce a significant chunk of its debt, thanks to certain corporate giants showing interest in buying a prime piece of property it owns in the national capital. The Sahara Group is engaged in discussions with Parsvnath to buy its commercial land near Connaught Place in […]
Glitzy tech capital Bangalore just earned a new sobriquet, the costliest Indian city. An analysis of the Reserve Bank of India’s Consumer Price Index (CPI) shows that Bangalore is a couple of notches higher than the all-India cost-of-living average, with financial capital Mumbai just a shade behind. The CPI is a measure of a standard basket of items, including food, clothing and […]
The real estate sector in Bangalore has grown to a large extent in the past one year. In the year ahead, the city’s realty is expected to grow by 25 per cent, estimates the Karnataka Chapter of the Consortium of Real Estate Developers’ Associations of India. Sushil Mantri, president, CREDAI Karnataka said “We are expecting the […]
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: […]
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Also tagged 1BHK and 2BHK flats, Anuj Puri, Bangalore, buying flats, Chennai, commercial areas, 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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August 3, 2010 – 11:44 pm
A report was released on Tuesday according to which Indian realty sector might face problem of plenty with office rental space. A further drop in rentals is also expected. As per the report presented by Jones Lang Lasalle Meghraj(JLLM) and Confederation of Indian Industry (CII), the vacancy level in India will increase from 17.2% in […]
In order to check the illegal constructions across the capital, especially on the land for agriculture, the concerned departments are ordered by the Delhi Government to come up with strict actions against such activities. As per the instructions of Mr.Raj Kumar Chouhan, the Revenue Minister, any illegal construction will not be tolerated and along with […]
After a year, the realty market seems to be overwhelmed with the comeback of the demand of luxury homes. Apart from the prime locations like Bangalore and Mumbai, the tier-II or tier-III cities, such as Nagpur and Ahmadabad are also witnessing remarkable growth as far as luxury homes are concerned. Within just six months, these […]
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Also tagged Bangalore, DB Realty, Hiranandanis, Hyderabad, Indiabulls, JLLM, Lodhas, Luxury Homes, Mumbai, Prestige, Sobha
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Since the land rate are rising and realty seems to be the most profitable market, many of the top textile firms are also attracted to this business and are thus generating additional revenue streams by developing or selling precious real estate. Some of such firms are Provogue India, Century Textiles & Industries, Bombay Dyeing & […]
May 08, 2010 On Thursday Mr. S. Jaipal Reddy, the Urban Development Minister told that by the end of this year, Delhi realty will go under regulation. Govt. is discussing with other states too for the similar regulators, he added. Reddy said that “The state governments have sounded positive. It would take time to happen. […]
The Hilton International Co, a US based hospitality giant, is looking forward towards bringing to India more of its global brands, especially the luxury chains Waldorf Astoria and Conrad. Besides the joint venture with DLF, a leading real estate firm, the company also has a keen interest in expanding its existence in India. Also, it […]
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, Chennai, Confident Group, DB Realty, 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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According to a recently conducted survey, it has been found that over 34% of the people who are interested in purchasing property across the country wish to own a home in NCR-Delhi. The survey revealed the fact that NCR/ Delhi has got the highest priority in 2010 for real estate investment, i.e. the most preferred […]
August 14, 2009 – 5:43 pm
The trend of Delhi/ NCR shows a huge fall in commercial real estate rentals. It is well known that companies are moving their offices from gurgaon to other areas of NCR because of the high rental costs there. Most of the commercial areas in delhi are offering fully furnished office spaces at much lower cost. […]
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, […]
Gurgaon used to be the preferred place for office rental. During the last couple of months, office rental increased tremendously. This led many companies to think about moving their offices to other cities. Even the lock-in period has failed to stop the companies to shift. Companies are also getting fully furnished offices at almost half […]
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 […]
September 2, 2008 – 1:16 am
Saffron Asset Advisors, a private equity player, is planning to launch three new funds in hospitality, logistics and infrastructure early on 2010. Ajoy Veer Kapoor, founder and managing director, Saffron Asset Advisors told FE, “We are planning a five hundred million dollar infrastructure fund, and will introduce two hundred million dollar hospitality and logistics funds. […]
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Also tagged Anchor, Capital Markets, Eight Months, Estate Deals, Foreign Direct Investments, Hundred Million, India Real Estate, Indiabulls, Infrastructure Fund, Logistics Warehousing, Managing Director, Mumbai, Mumbai Delhi, Private Equity Firm, Real Estate Investments, Saffron, Seven Months, Tirupur, Venture Capital Activity, Vishakhapatnam
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Touted as a entrance to Rajasthan, Bhiwadi, falling in Alwar district and bordering Haryana is a key industrial growth centre in the NCR with over 2500 operational industries. Bhiwadi enjoys huge location advantage with IGI Airport, New Delhi, just fifty five kilo meter away and Gurgaon forty kilo meter away. Being close to Delhi and […]
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Also tagged Bhiwadi, Gurgoan, Haryana, Housing Projects, Housing Scheme, Industrial Corridor, Manesar, Mumbai, Parsvnath, Real Estate Boom, Real Estate Developers
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After the US, India is worst-hit market when it comes to the postponement of IPOs in the first quarter of 2008. Out of the twenty four billion dollar worth of IPOs that were postponed, US accounted for $6.12 billion while the figure for Indian companies stood at $5.98 billion. The decision to defer or shelve […]
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, Chennai, cochin, 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, Chennai, Commercial property, 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 – 10:30 am
The turmoil in the global financial markets has cast its shadow on India’s largest real estate deal. Delhi-based developer BPTP Ltd, which was banking on overseas institutions to fund the acquisition of 94 acres of prime land at Noida for Rs 5,006 crore, has sought an extension to pay the first installment of the money.
