Tag Archives: Developers

Jaypee Greens Sports City announced in Greater Noida

Photo by Carlos Lorenzo
Jaiprakash Associates (Jaypee Greens) have announced the launch of their new project “Jaypee Greens Sports City”, a luxury township with residential and sports facilities, near the Taj Expressway (connecting Greater Noida to Agra). “The Sports City is positioned for everyone who appreciates luxurious surroundings and spaces equipped with sports and recreational facilities,” [...]

Banks suggest no increase in real estate price

Banks in India are suggesting property developers to stop increasing real estate prices as it could stop the market recovery. Developers have been taking advantage of rise in sale but its side effect could put off the buyers.
S. Sridhar, Chairman and Managing Director of the Central Bank of India described the move as short [...]

Builders under pressure as buyers force for refund

Some of India’s largest real estate firms such as DLF, Unitech, Omaxe and Parsvnath that launched multiple projects at the peak of the real estate boom are now under pressure from buyers and investors who look to exit these projects.
Already in a difficulty due to unavailability of bank loans and a fall in sales, the [...]

NCR Faces Fall In Real Estate Projects

New housing project launches in the national capital region (NCR) slumped by 20% during January-June 2008. This is explained by the slowdown in demand due to appreciation in real estate prices and rising interest rates for borrowers.
The first half of this year also saw a marked shift in developers’ strategy towards mid-income houses, as the [...]

Parsvnath Expects Rs 2.10 Billion Revenue From Haryana Project

Real-estate firm Parsvnath Developers Ltd said on 30 september that it expects revenue of 2.10 billion rupees from a new housing project it launched at Dharuhera in the northern state of Haryana.
The project, spread over thirteen acres, is likely to be completed by 2011, the company said in a statement.
Earlier in the day, Parsvnath said [...]

FIIs Reduced Investment In Real Estate

BSE reports shows that Foreign institutional investors (FIIs) have reduced their investment in real estate companies, mainly Parsvnath Developers and Unitech by 0.8 and 2 % correspondingly, year-on-year.
According to shareholding data available on BSE, the domestic financial institutions and banks have amplified their inevstment in Unitech Ltd by more than 1.5%, while Foreign institutional investors [...]

Meerut-The Rising Real Estate Destination

Meerut is only 72 kilometers from new delhi. It is an ancient city, which belongs to Uttar Pradesh state. The great history from the city is that Mandodari, wife of Ravana, belongs to this city. Meerut is stand at 28.98 north and 77.7 east, and 219 meters above from sea level. Meerut is the major [...]

Prediction About Realty Trend

For now, the next few quarters could be the acid test for the sector. The stock prices of many real estate companies are under duress. DLF’s offer for a share buyback comes at a time when the stock price has been adversely hit. While one could argue that the overall sentiment is on a low, [...]

Thirty Billion FDI Likely In Real Estate In Next Decade

According to estimate made by ASSOCHAM, the FDI component in the domestic real estate market is expected to be thirty billion US dollar as against its total amount of one hundred two billion US dollars in next decade as the real estate sector escalation will raise up by more than 30%.
Additionally, ASSOCHAM report stated that, [...]

Change In Investment Trends

Trend setter always started from the small and made a big one. Following the same strategy, a group of real estate companies, who are not in the position to proceed through the organized financing route of initial public offering, have started approaching the public in their own ways. They are assuring for regular returns on [...]

Oberoi Constructions Expands Garden City

Oberoi Constructions Private Ltd is well-known as leading developer. Now Oberoi group is on the way of expansion. They have decided to set up three ‘Oberoi Garden city’ township in Bangalore, Pune and Hyderabad. Initially they started ‘Oberoi Garden city’ project for Gurgaon east and Mumbai. New three townships will start with an [...]