December 9, 2008 – 3:45 am
Indian private equity firm IL&FS Investment Managers Ltd has raised $895 million for a new realty fund, tapping global investors despite the global financial turmoil and falling property markets.
The firm, one of India’s oldest private equity players, is also pulling money together for the first tranche of an Asia infrastructure fund, which it hopes to [...]
By rajani
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Posted in Property News
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Also tagged Current Market, Economic Slowdown, Global Financial Turmoil, Global Investors, Hingorani, Industrial Projects, Infrastructure Fund, Initial Target, Investment Managers, Market Situation, Office Space, Private Equity Firm, Property Markets, Real Estate Sector, Realty Fund, Supply Glut, University Endowments
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November 24, 2008 – 6:54 am
The giant cranes that once worked long into the Mumbai night are still, the roar of concrete mixers has dulled, and hundreds of migrant Realty hit workers have gone home.
A slowing economy, high interest rates, tighter credit and a falling stock market have left developers in India’s financial hub scrambling for cash and delaying or [...]
By rajani
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Posted in Property News
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Also tagged Apartment Towers, Cb Richard Ellis, Concrete Mixers, Crunch, Distress Sales, Financial Hub, Foreign Investment, Giant Cranes, Incomes, Liquidity, Low Interest Rates, Office Blocks, Residential Projects, Residential Spaces, Roar, Skyline, Slump, South Asia, Stock Market, Tight Credit
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November 14, 2008 – 3:43 am
Declining sales, high interest rates, paucity of funds and global economic slowdown have badly impacted the real estate sector which is witnessing not only sudden slump in demand but also is at the receiving end in the stock market.
Freebies in the shape of luxury sedans, offers of foreign trips, 15%-20% discount or deferred payments have [...]
By rajani
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Posted in Property News
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Also tagged Affordable Housing, Deferred Payments, Fears, Fillip, Freebies, Global Economic Slowdown, Hurdle, Luxury Sedans, Managing Director, Paucity, Pradeep Jain, Real Estate Sector, Realtors, Recession, Scarcity Of Land, Sentiment, Slump, Stock Market, Target, Tier II
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September 18, 2008 – 12:10 am
The crisis in the US financial market will hit the Indian real estate sector hard. The sector was already reeling under tremendous pressure as RBI increased the interest rates to contain inflation, besides restricting the fund flow in it. Consultants said that in the present circumstances the real estate prices will go for a sharp [...]
By rajani
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Posted in Property News
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Also tagged Banking Sector, Estate Space, Expansion Plan, Financial Crisis, Global Economy, Global Majors, Global Market, Google, High Net Worth Individuals, Indian Banks, Investment Banks, Medium Term, Mother Countries, Ncr, Private Equity Funds, Real Estate Sector, Senior Consultant
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August 21, 2008 – 5:09 am
Realty slowdown is delaying delivery of homes. Several developers have postponed execution of their housing projects as funds become scarce, demand softens and raw material prices rise. While some others are deliberately delaying projects in order to reduce supply as demand weakens.
Several projects across the country are getting delayed as developers aren’t able to generate [...]
By rajani
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Posted in Property News
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Also tagged Buyers Realty, Constraint, Construction Work, Cost Of Debt, Cushman, Delaying Execution, Dream Homes, Gaursons, Government Sanction, Housing Projects, Housing Units, Manoj, Raw Material Prices, S Central, Sanjay, Slowdown, Unavailability, Wakefield, Work Projects
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August 13, 2008 – 12:21 am
The expansion plans of retail companies have taken a hit due to the rising real estate rentals.
Talking to media persons, K Dasaratharaman, president (specialty retail), Spencer Retail, the retail arm of the RPG group, maintained that the real estate prices are a critical aspect while choosing the location of new stores.”
Dasaratharaman said that while they [...]
By rajani
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Posted in Property News
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Also tagged Cash Crunch, Expansion Plans, Global Retailers, Hamleys, Hypermarket, Marks Spencer, Most Populous Country, Office Depot, Reliance Industries, Retail Firms, Retail Real Estate, Second Most Populous Country, Share Index, Share Issues, Shoprite, Tata Group, Wal Mart, Wholesale Cash
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A number of Lucknow-based small builders are facing crunch due to the rise in inflation and increase in the interest rate by banks.
After the real estate boom the city witnessed, a number of such builders joined the bandwagon. Moreover, they invested heavily in the projects.
However, due to the recent downturn, they are forced to sell [...]
By admin
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Posted in Property News
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Also tagged Bandwagon, Constructions, Depreciation, Downfall, lucknow, Property Values, Raw Material, Real Estate Boom, Residential Properties, Slowdown, Steel Prices
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Sobha Developers Ltd leading real estate company said on 02nd July it has sold forty percent stake in an forthcoming Bangalore project to Dubai’s Pan Atlantic LLC for ten million dollar.
Sobha plans to develop a 1.7-million-sq ft residential township at the plot in south Bangalore. A senior company official said the present value of the [...]
By admin
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Posted in Property News
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Also tagged India Real Estate, Indian real estate, Lehman Brothers, Mumbai Market, Parsvnath, Private Equity Deals, projects, Real Estate Company, Real Estate Fund, Real Estate Sector, Saffron, Sobha
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Is the real estate boom finished? Have prices started to flatten out?
Indian real estate is observing a much-needed cool-off. Without suspicion, realty prices are at their climax and a correction is expected. However, it would be wrong to expect a sudden crash. We guess the downward trend to be gradual and concentrated in definite pockets. [...]
