January 30, 2013 – 6:36 pm
Global real estate consultant Knight Frank reported that the realty market of Hyderabad, compared to all metros of India, is the most affordable one. There has been a steady increase in the number of new launches in all the metro-cities of India. However Hyderabad had more number of residential projects launched in the middle and […]
January 14, 2013 – 8:39 pm
Incurring damage to the property of Wakf Board, a Hyderabad based real estate developer faces sue from the Wakf Board. In a rare case, a Hyderabad – based real estate developer is sued by Wakf Board. The builder is alleged to damage the property of Wakf Board. Wakf Board decided to file a case against […]
November 17, 2012 – 6:53 pm
The proposed Hyderabad metro rail (HMR) is expected to be a high boost for the real estate in the city. With the arrival of new metro rail the city will have a praiseworthy transportation system. High quality transportation system will improve the infrastructure of the city. Recent trends prove that people have become more transit […]
April 24, 2012 – 11:35 am
Hyderabad has emerged as the world’s third most affordable office location in 2011 in a list prepared by global realty consultant DTZ, which has also named Chennai and Pune among the top five such positions. According to DTZ’s latest study ‘Global Occupancy Costs – Offices’, Surabaya in Indonesia and Qingdao in China were placed in the top two positions of the chart as the most affordable […]
By skgupta
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Posted in Property News
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Also tagged 2011, affordable office location, Chennai, Geneva, Global Occupancy Costs - Offices, global realty consultant DTZ, Hong Kong, London, Paris, Pune, Surabaya, Tokyo
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While demand for residential space was mostly sluggish in 2011, demand for office and retail space remained healthy in Bangalore. The market for commercial space is estimated at 50 mil sq. ft. across the country. The average yearly absorption rates in Bangalore and NCR are about nine mil sq. ft. While six mil sq. ft. […]
By skgupta
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Posted in Property News
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Also tagged Bangalore, Chennai, Commercial Space, DTC, IT & ITES sector, Jones Lang LaSalle India, Kalyani Developers, Karun Varma, MNC IT companies, Mumbai, Ncr, Office, Residential Space, Shrinivas Rao, Vestian Global Workplace Services
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The skyline of Indian cities could soar as the government considers permitting vertical growth with the aim of checking runaway realty prices and generating resources to upgrade urban infrastructure for future growth. A Planning Commission steering committee, in its draft report, has recommended providing additional FSI (floor space index; the ratio between built-up area and plot size) as development rights, but said […]
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, Gurgaon, Housing Projects, luxurious houses, Realtors, Recession, shravan, single unit, Unitech, Vice Chairman
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After a year, the realty market seems to be overwhelmed with the comeback of the demand of luxury homes. Apart from the prime locations like Bangalore and Mumbai, the tier-II or tier-III cities, such as Nagpur and Ahmadabad are also witnessing remarkable growth as far as luxury homes are concerned. Within just six months, these […]
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Also tagged Bangalore, DB Realty, delhi, Hiranandanis, Indiabulls, JLLM, Lodhas, Luxury Homes, Mumbai, Prestige, Sobha
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April 12, 2010 – 11:32 am
March 12, 2010 The conditions of commercial property are finally ameliorating. Both the retail space and office are back in demand. Although, the development in 2010 is most likely to occur in tier-1 cities of Mumbai, NCR, Bangalore and Chennai, a new group of companies is, for the first time, considering off shoring in these […]
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Also tagged Bangalore, Chennai, Commercial Leasing, Commercial property, Estate Consultant, Global Real Estate, JLLM, Jones Lang Lasalle Meghraj, Kolkata, Ncr, Outsourcing to India, Prestige Estates, Pune, Retail Space, Tier 1
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August 13, 2009 – 1:56 pm
Affordable housing is the only solution for the middle income indians. Most of the people are in search of affordable homes in metros particularly in delhi/ ncr, bangalore, chennai and pune. According to the report by Knight Frank Research Households with an annual income between Rs 3 lakh and Rs 10 lakh in Mumbai, NCR, […]
Real estate developers have got a new way of perking up the market. Unitech, DLF, HDIL, BPTP and other big realty giants are offering a 30-40% discount on ongoing projects. According to analysts such projects will help stimulate demand and bring in the much-needed liquidity in the industry, which is already dealing with unsold stock […]
December 26, 2008 – 2:12 am
Government is planning another round of home loan package to make purchase of a house within the reach of middle class. PSB announced a home loan rate-cuts for homebuyers, a week ago. But, it was found that the package was far from expectations of both the public and developers. In that package, home loan up […]
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Also tagged Bangalore, Chennai, Corridors, Home Loan, Homebuyers, Interest Rate, Loan Package, Ncr, Public Sector Banks, Sentiment, Slowdown, Sweetener, Tax Rebate
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December 13, 2008 – 3:56 am
DLF Ltd has cut its current fiscal deliverable targets by about 33% following the deterioration in the housing and commercial property market. The company is now expecting to deliver 15 million square feet against a guidance of 22-24 million square feet at the beginning of this fiscal. It has completed about 7 million square feet […]
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Also tagged Commercial Hub, Connaught Place, Estate Projects, Income Housing, Indore, Kochi, New Delhi, New Projects, Panchkula, Ramesh, Realtor, Segment, Slump, Verticals
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November 24, 2008 – 7:05 am
Property prices within the metropolitan areas of Delhi, Bombay, Hyderabad and Bangalore have seen massive growth in recent years and prices in some areas are considered to be excessive. But, outside this golden circle, in cities such as Mohali in the foothills of the Himalayas and in the boom town of Rudrapur, in neighbouring Uttar […]
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Also tagged Affordable Housing, Boom Town, Cb Richard Ellis, Cbre, Commonwealth Games, Credit Crunch, David Stanley, Delhi Development Authority, Emaar MGF, Global Financial Markets, Hamptons, Himalayas, Income Earners, Indian Universities, Investment Scenario, Investment Volume, Investor Demand, Jorgenson, Landmark Address, Massive Growth, Mohali, New Jobs, Northern India, Realty Market, Redfern, Residential Developments, Royal Institution, Rudrapur, South Goa, Uttar Pradesh, Western Style
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October 6, 2008 – 12:36 am
There is a new mantra among builders. They are chanting it with the fervor of cheerleaders: green architecture. The flag bearer of green construction is the Indian Council of Green Building (ICGB). An organization formed by the Confederation of Indian Industry and the Sohrabji Godrej Green Business Centre, the ICGB is calling eco-friendly architecture a […]
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, Gurgaon, Karnataka, Prakash, Promoter, Qvc, Real Estate Developer, Residential Project, Sobha Developers, Spv, Stages Of Development
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September 16, 2008 – 2:28 am
Lehman Brothers’ bankrupcy is likely to cost Indian real estate. It may impact the financial major’s existing investments worth $500 million in realty firms, including DLF and Unitech, besides drying up another $500-million worth of potential investment which was expected to flow into Unitech’s Mumbai projects. The news of Lehman’s collapse brought the BSE realty […]
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Also tagged Baliga, Country Allocations, Credit Crisis, DLF, Fire Sale, Global Fund, Group Company, Initial Investment, Lehman Brothers, Market Situation, New Projects, Promoter Group, Realty Firms, Sensex, Stock Broking, Unitech
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August 22, 2008 – 6:17 am
Mr Anand Reddy, Director of PBEL Property Development India Pvt Ltd, an Indo Israeli joint venture, poses with a model of PBEL City, a township comprising thirteen residential and two commercial towers of nineteen storey each on a twenty eight acre area situated in Hyderabad development Corridor in Rajendranagar mandal. PBEL, an Indo Israeli joint […]
By admin
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Posted in Property News
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Also tagged Airports, Anand, Chennai, Commercial Towers, Commercial Venture, Development India, Executive Director, India Pvt Ltd, Indo, Interior Design Solutions, Joint Venture, Mysore, Solutions Provider, Two Towers
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Sobha Developers, a Bangalore-based realty major focussed on residential space, is looking at diversifying its portfolio through slum redevelopment schemes and special economic zones (SEZs), retail and commercial projects. Mr. Raghav Menon, Executive director, said that the company would build an SEZ in either Tamil Nadu or Kerala. He said, “We haven’t decided on the […]
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Also tagged Bangalore, Commercial Projects, Crunch, Investment, Joint Venture, Land Acquisition, Liquidity, Mysore, Orissa, Private Equity, Pune, Residential Space, SEZ, Slum, Special Economic Zones, Tamil Nadu
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Realizing the huge potential of internet usage in India, Kult Infotech today launched its new online real estate bank– www.valuePROPS.com– which provides comprehensive resource for all real estate topics related to buying, selling and renting with expertise knowledge.
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Also tagged Bengaluru, Easy Access, Googlemaps, Interactive Website, Interface, Internet Usage, Knowledge, Pioneers, Prospective Customers, Real Estate Bank, Scope, Southern Cities, Tamil, Telugu
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The Real estate industry in India has been growing by leaps and bounds in the past few years. However, the country still lacks a credible way to cross-check the price swings (real or reported) in the sector. For example, recent reports of residential prices cooling off in major cities of the country could not be […]
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Also tagged Ahmedabad, Equity Investors, Financial Institutions, Government Body, Index, Jaipur, kanpur, Launch, Major Cities, Market, Market Trend, Price, Price Appreciation, Residential Prices, Sensex
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Phoenix Mills is in the final stage of acquiring three thirty acre plots in Ahmedabad, Hyderabad and Nashik for around eight billion rupees. The company plans to develop malls and entertainment zones on these lands. It is learnt that the deal is likely to be sealed in the next few weeks. The Mumbai-based real estate […]
The board of directors of Puravankara Projects has recommended a final dividend of forty percent, or two rupees share on equity share of five rupees each for the recent year. The payment is subject to the sanction of the shareholders at the yearly general meeting.
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Also tagged Bse, Colombo, Company, Company Shares, Constructions, Dividend, Equity, General Meeting, India, Kochi, Project, Puravankara Projects, Real Estate, Sanction, Share, Sri Lanka, United Arab Emirates
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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 […]
By admin
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Posted in Property News
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Also tagged Ahmedabad, Bangalore, Chandigarh, Chennai, DLF, DLF Infocity, Goa, Gurgaon, IT Park, Kochi, Kolkata, Mumbai, Pune, Savitri-GK2, Shalimar Bagh, Vasant Kunj and Saket in Delhi and Star Mall
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On the last day of the Hilton-Oberoi strategic alliance PRS Oberoi chairman emeritus of EIH, re-launched the Trident Hilton hotels as Trident hotel. Speaking on the occasion, Oberoi said that all nine Trident Hiltons (located at Gurgaon, Mumbai, Agra, Jaipur, Udaipur, Kochi, Bhubaneshwar and Chennai) will now be rebranded as Trident. Rattan Keswani, the newly-appointed […]