Lemon Tree Hotels plans to open 100 hotels in India by 2020, with a total room capacity of 10,000. The company also said it has put on hold plans to foray into real estate in partnership with US-based investment firm Warburg Pincus. “By 2020 we plan to open 100 hotels in India with an inventory of […]
November 3, 2008 – 1:21 am
The city is unlikely to see any new housing project coming up soon as the screws turn on the property market. Last month, Mumbai’s leading developers met and discussed the possibility of not launching new residential projects considering the slowdown, sources said. “New projects are not viable, sales are slow and buyers are sitting on […]
October 3, 2008 – 11:26 pm
As affordable housing is becoming the new mantra for real estate developers, the concept is attracting a lot of attention from the real estate funds fraternity. The $250-million First Indian Real Estate (FIRE) Capital Fund Ltd is making its first deal in the segment. According to industry sources FIRE Capital is currently in the due […]
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Also tagged Affordable Housing, Ahmedabad, Due Diligence, East India, European Markets, Industry Sources, Mantra, Permutations And Combinations, Real Estate Developer, Real Estate Developers, Realty Fund, Ticket Size, Tier II, Venture Capital Fund, Venture Fund, West Bengal
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October 2, 2008 – 11:40 pm
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 […]
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Also tagged Absorption, Borrowers, Cagr, Developers, Estate Projects, Housing Units, Income Housing, National Capital Region, Ncr, Property Consultancy Firm, Real Estate prices, Residential Supply, Resistance, Rising Interest Rates, Segment, Slowdown, Slower Pace
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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 5, 2008 – 3:43 am
Parsvnath Developers Limited (PDL), India’s leading Real Estate Company with pan India presence having diversified portfolio has announced the launch of Parsvnath Premier a Group Housing project in Parsvnath City, Indore. The Group Housing project spread over an area of 6.3 acres is strategically located in Indore adjoining NH-3 and AB Bye Pass, Mangliya. The […]
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Also tagged Bedroom Flats, City Indore, Commercial Projects, Construction Specifications, Cosmopolitan City, Diversified Portfolio, Endeavor, Gamut, Indirect Employment, Jain, Launch, Leading Real Estate, Leading Real Estate Company, Leisure Activities, Managing Director, Parsvnath Developers, Sanjeev
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Vipul Ltd India’s leading real estate developer, has recorded revenues of Rs 81 crore for the quarter ended 30 June 08 an increase of 5% from seventy seven crore rupees in Q1FY08. EBITDA for the Q1FY09 stood at Rs 15.38 crore, up by 21 percent as compared to Rs 12.74 crore in the corresponding period […]
New Delhi:- Smarting under a correcting realty market and sluggish buying sentiments, real-estate players are scrambling to raise end-user demand through offers that promise to ease Equated Monthly Instalments burden until possession. So, while realty companies together with Parsvnath Developers are broadcasting ‘No Equated Monthly Instalments until possession’, others such as BPTP and Gaursons are […]
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Also tagged BPTP, Dhaka, Faridabad, Gaursons, ghaziabad, Jmd, noida, Parsvnath Developers, Realty, Realty Cos, Realty Market, Sonepat
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‘Affordable homes business’ is going to be the next big trend in Indian real estate sector. Global private equity firm Warburg Pincus will invest $75 million in Unique Affordable Homes Pvt Ltd, part of the Jaipur-based Mannat Group company. The company will build affordable housing projects in North and Western India. In its first pure […]
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Also tagged Azb, Development, Finance Corporation, Havells India, Hdfc, Kotak Mahindra, Max India, Moser Baer, Nicholas Piramal, Private Equity Firm, Punj Lloyd, Real Estate Sector, Warburg Pincus, Wns Global Services
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Ansal Housing & Construction has launched its group housing project, Ansals Tanushree. The project is on the NH 24, Ghaziabad. The project offers 2- and 3-BHK apartments with a built-up area ranging from 1,238-1,700 square feet. These apartments will be housed in three towers. The apartments range between Rs 29 lakh and Rs 40 lakh. […]
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Also tagged aashiana, Ansal Housing, Apartments, avantika, chiranjiv vihar, fortune Arcade, garden enclave, ghaziabad, Greater Noida, lucknow, neelpadm kunj, noida
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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 […]
