December 10, 2012 – 6:12 pm
Oyster Grande Gurgaon is to be launched by Adani Realty, in association with M2K. Adani Conglomerate’s real estate wing- Adani Realty has declared its tie up with Delhi-based M2K Group. Oyster Grande Gurgaon is a premium housing project. Both the real estate firms will have equal shares in this premium project. Oyster Grande Gurgaon is […]
Jones Lang LaSalle India, a global research firm in the real estate sector, says that prices of residential units in India in the next six months should witness marginal appreciation. JLL says: “Over 60% of residential launches in the Top 7 cities (mostly in cities other than the NCR and Mumbai) are priced in the range of Rs […]
FMCG major Hindustan Unilever Ltd (HUL) on Wednesday said the company has sold its leasehold rights of a property in Mumbai for Rs 452.5 crore to Ajay Piramal Group firm Piramal Realty. HUL and entities of Piramal Realty have signed an agreement for assignment of HUL’s leasehold rights of the land and building named ‘Gulita’ […]
Recently, Competition Commission of India (CCI) has accused DLF for imposing unfair conditions on home buyers on its high-end residential project Magnolia in Gurgaon. For which, Magnolia Flat Owners’ Association had filed a complaint against DLF Universal, Haryana Urban Development Authority and the Director Town and Country Planning, Haryana, with the Competition Commission of India (CCI). CCI director […]
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Also tagged Belaire residential project, CCI director general, Competition Commission of India (CCI), Director Town and Country Planning, DLF, DLF Universal, Drish Paul, fine of 630 crore on DLF, Haryana, Haryana Urban Development Authority, high-end residential project Magnolia, Magnolia Flat Owners' Association, Park Place Project, President of the Magnolia Flat Owners' Association, section 4 (2) (a) (i)
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September 5, 2010 – 10:07 am
A high-end flat was leased for a rental value of Rs 1.2 lakh per month. This apartment is built in the peripheral location of Gurgaon on an area of 4,200 sq ft. The apartment has been taken on lease by a big corporate for their senior executive. The average rental value for these flats has […]
After the success of ‘Affordable homes’, realtors are now moving towards the launch of luxurious housing. The demand for luxurious houses indicates that there is big scope for realtors there. With this increase in demand, many developers including Ansal API, Unitech, DLF, Emaar MGF etc are jumping into this business and plan to launch huge […]
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Also tagged Ansal Api, DLF, Emaar MGF, Housing Projects, Hyderabad, luxurious houses, Realtors, Recession, shravan, single unit, Unitech, Vice Chairman
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Western themes for Townships are in trend these days. For instance, in a project ‘The Nile’ launched in Gurgaon by Omaxe group followed the Egyptian architectural designs. Another instance, a recent one is the Tuscan City by TDI in Kundli. As per the words of Mr. Kamal Taneja of TDI, the landscapes, the market squares, […]
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Also tagged architecture, egyptian architectural designs, Green Architecture, kundli, landscapes, market squares, nile, picturesque scenes, Townships, tuscan city, tuscany, western lifestyle, western themes
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Godrej Properties are entering NCR with their first residential project in Gurgaon. The project will be developed in partnership with Frontier Home Developers on an area of 1.05 million sq. ft. on nine acres of land. Pirojsha Godrej, the Director of Godrej Properties Ltd. said on Wednesday that GPL is now operating in 11 cities […]
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Also tagged frontier home, Godrej Properties, growth corridor, home developers, indira gandhi international airport, Landmarks, metro station, Ncr, open areas, partnership, Residential Project
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A leading private equity fund, Ireo, which is dedicated to the Indian real estate sector with nearly $2 billion of funds, has annunciated the launch of the tallest residential towers in Gurgaon which would be called Victory Valley. There will be adjacent mid rise options along with the three high-rise residential towers which would essentially […]
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. […]
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 […]
December 16, 2008 – 2:33 am
The move to reduce interest rates for home loans up to Rs 20 lakh by public sector banks may induce some buying in the property market and prompt developers to build more low-cost homes. However, according to developers, this may not be enough to provide a major boost to the residential property market immediately. Some […]
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Also tagged Banks India, Brokerage Firm, Building Houses, Dwelling Units, Gaur, Gaursons, Manoj, Metro Cities, Metro Realty, Property Consultancy Firm, Property Developers, Public Sector Banks, Residential Property Market, Richar, Rupesh, Tier II
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November 18, 2008 – 3:44 am
Unitech, the country’s second-largest listed real estate company, has put on the block all its six hotel projects under construction to reduce its capital expenditure and raise cash to fund its other ongoing projects. The company is in talks with a few private equity investors to sell all its six properties, being constructed at Gurgaon […]
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Also tagged Affordable Housing, Capital Expenditure, Crore, Development Sector, Divestment, Economic Scenario, Economic Summit, Estate Assets, Finance Market, First Hotel, Hospital Chains, Hotel Business, Hotel Project, Hotel Projects, Hotel Properties, Housing Finance Companies, Housing Loans, Housing Market, Mahindra And Mahindra, Mahindra Group, Mid Market, Mr Chandra, New Houses, Ongoing Projects, Private Equity Funds, Private Equity Investor, Private Equity Investors, Rs 250, Target, Tie Ups, World Economic Forum
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October 1, 2008 – 7:29 am
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, […]
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, Bangalore, Chikmagalur, Close Proximity, Current Projects, Hyderabad, Karnataka, Prakash, Promoter, Qvc, Real Estate Developer, Residential Project, Sobha Developers, Spv, Stages Of Development
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August 21, 2008 – 5:14 am
Economic slowdown in the US is expected to temper demand for IT and ITeS office space in Gurgaon and Noida during the second half of 2008, a global realty consultant has said in its report. In its latest report for second quarter 2008, Jones Lang LaSalle Meghraj said that though Indian office markets have continued […]
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Also tagged Chennai Hyderabad, City Bangalore, Delhi Ncr, Electronic City, Global Economic Slowdown, IT and ITeS, Jones Lang Lasalle, Jones Lang Lasalle Meghraj, Kolkata, Office Space, Whitefield
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With Gurgaon becoming a popular choice for people looking for a home, the land for residential development is shrinking. To accommodate more people, the Haryana government has now removed the cap on the height of new highrises for both residential and commercial. According to commissioner (town and country planning and urban estates) D S Dhesi, […]
Landmark Group declared that it would invest approx four thousand crore rupees in developing twelve properties across the north India in the coming three to four years. Mr. Amit Kumar, Director, Landmark Group, said,“Currently, our twelve projects are undergoing in the North, which will be completed in the next three to four years. We will […]
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Also tagged Accruals, Amit Kumar, Bawal, Budget Hotel, Dharuhera, Hotel, Hotels, Landmark Group, Ncr, North India, Own Resources, Participation, Private Equities, Private Equity
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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, Bangalore, Capital, Friends Colony, Gk, 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, Bangalore, Chandigarh, Chennai, DLF, DLF Infocity, Goa, 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, Chennai, cochin, delhi, Hyderabad, India, invest, Kolkata, ludhiana, showroom
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Russian conglomerate Sistema, on Tuesday declared that it plans to invest $100-200 million in developing hotels, offices and residential complexes in major cities of India. The revelation came after the company’s decision to invest $5 billion in the country’s telecom sector earlier in the year. Sistema has confirmed an coalition with India Shyam Group, which […]
Very first green building complex is all set to come up on a sprawling fifty two thousand square meter plot in Borivali. This project is part of the BMC’s upgradation plans for its Civic Training Institute & Research Centre (CTIRC), which is near to the National Park. Mr. P K Das, consultant of the project, […]
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Also tagged Bmc, Borivali, Building Complex, Chennai, CTIRC, Environmental Design, Itc, LEED, Mumbai, Solar Energy, Upgradation
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February 1, 2008 – 8:07 am
Parsvnath Developers Limited is the most diversified and widespread real estate developer in India. It has 115 continuing projects with a developable area of over 191 mn sq.ft. Parsvnath Developers has been in the market for more than 20 yrs. On Jan 02, 2008, Parsvnath Developers has declared that the Company has got LoI from Director Town […]
January 28, 2008 – 8:52 am
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 area size […]
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Also tagged Developers, Garden city, Garden City Township, Gross Revenues, Hospitality, Hospitals, Initial Public Offering, Initial Public Offering Ipo, Investments, IPO, Managing Director, Mumbai, Oberoi Construction, Oberoi Constructions, Pune, Real Estate, Townships, Vikas Oberoi
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