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 [...]
By rajani
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Posted in Property News
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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 [...]
By rajani
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Posted in Property News
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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, Parsvnath said [...]
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 use [...]
By rajani
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Posted in Property News
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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 to [...]
By admin
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Posted in Property News
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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, the [...]
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 be [...]
By rajani
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Posted in Property News
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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 [...]
By rajani
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Posted in Property News
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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 12 [...]
By admin
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Posted in Property News
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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.
By rajani
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Posted in Property News
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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 has [...]
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, [...]
By rajani
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Posted in Property News
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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.Â
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 [...]
By rajani
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Posted in Property News
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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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