Tag: Hyderabad

Hyderabad: Named The ‘Most Affordable’ Realty Market

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 […]

Hyderabad Builder Sued By Wakf Board For Property Damage

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 […]

Hyderabad Real Estate to Be Backed By Metro Rail

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 […]

Study: Hyderabad 3rd most affordable office location in 2011

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 […]

Bangalore: All about Office….Office.

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. […]

Cities may grow taller as Plan panel seeks higher floor space index.

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 […]

Developers now focusing on Luxurious housing projects

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 […]

Demand for Luxury Homes at a High Pace

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 […]

Demand of Commercial Property is Back

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 […]

Two million affordable houses required

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, […]

Realty Costs Less

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 […]

Government plans another package for real estate

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 […]

DLF cuts target by a third due to property slump

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 […]

Rising demand for affordable homes

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 […]

Green Building: A New Success Matra

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 […]

QVC Realty To Raise Funds For Spreading Out In South

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 […]

Lehman Fall May Deepen Indian Realtors’ Credit Woes

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 […]

PBEL City In Hyderabad Development Corridor

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 […]

Sobha Looks Forward For Slum Redevelopment

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 […]

Kult Infotech Launches Online Real Estate Bank

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.

Realty Needs Indices Similar To Equity Market

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 […]

Phoenix Mills to purchasing Rs 8 bn land

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 […]

Puravankara Projects board recommends 40% final dividend

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.

DLF Plans Multiplexes In Different Part Of Country

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 […]

Trident Hilton Now Trident Hotel

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 […]