September 29, 2009 – 3:50 pm
The stock market has SEBI to provide guidelines, define conduct and processes, provide a redressal system for both buyers and sellers and install necessary consistency and standardization. The proposed real estate regulatory body intends to do the same for the Indian property market, which currently presents a rather under-organized picture, Ashutosh Limaye, Associate Director – [...]
September 2, 2009 – 4:08 pm
In coming years, India is expected to outperform the global markets with a growth rate in the range of 7 percent to 10 percent. This will benefit the real estate sector, which is closely linked to high growth in the economy.
A decrement in property prices, reduced interest rates and stability in the job market has [...]
December 17, 2008 – 9:41 am
PropertyWala.com has been voted India’s best real estate website for the year 2008. The Website of the Year awards are the largest annual ‘people’s choice’ website awards and have organized from last four years by MetrixLab, an online market research agency, in association with Neilsen Online. More than 1.5 million Internet users from India participated [...]
By rajani
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Posted in Property News
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Also tagged Advertising Services, Buyers And Sellers, Choice Website, Detailed Description, Efextra, Estate Sellers, Execution, India, Internet Users, Market Research Agency, Property Advertising, propertywala.com, Real Estate Web, User Friendliness, Web Portal
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November 27, 2008 – 8:59 am
Indian real estate market could reach a value of $60 billion by 2010, and become an “enormous” economic power, a Middle East developer has said. Abdullah bin Abdulaziz Al Majed, vice chairman of Tanmiyat Group, was speaking ahead of the firm’s participation at property show Cityscape India 2008. Tanmiyat is among a group of international [...]
By rajani
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Posted in Property News
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Also tagged Al Majed, Bombay, Economic Power, Exhibition Center, Future Of Real Estate, India, International Investors, Lacs, Participation, Population, Presence, Property Professionals, Real Estate Investments, Real Estate Market, Residential Units, Slump, Tanmiyat, Vice Chairman
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October 24, 2008 – 2:50 am
Indian real estate firm Unitech Ltd will make an announcement regarding a stake sale in its telecoms business next week, Managing Director Sanjay Chandra told.
Unitech was in talks to sell a stake in the telecom venture to Norwegian telecom group Telenor.
Unitech is scheduled to announce its second quarter results on Oct 31.
Chandra said the firm [...]
By rajani
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Posted in Property News
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Also tagged Chandra, Fiscal Year, Norwegian Telecom, Oct 31, Profits, Real Estate Firm, Stake, Telecom Group, Telecoms Business, Telenor, Unitech
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October 22, 2008 – 5:17 am
A two-day real estate conference, Build Up 2008, which started in Bangalore on Tuesday, bore the grim realities of the global financial crisis and its impact on Indian real estate. Neither of the two major speakers — Union urban development minister S Jaipal Reddy and CM B S Yeddyurappa — turned up.
The other prominent speakers [...]
By rajani
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Posted in Property News
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Also tagged Bangalore, Confederation, Development Minister, Global Financial Crisis, Global Slowdown, Grim Realities, India, Jaipal Reddy, Profits, Real Estate Developers, Real Estate Developers Association, Sobha Developers, Speakers, Urban Development
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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 High Interest Rates, India 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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According to estimate made by ASSOCHAM, the FDI component in the domestic real estate market is expected to be thirty billion US dollar as against its total amount of one hundred two billion US dollars in next decade as the real estate sector escalation will raise up by more than 30%.
Additionally, ASSOCHAM report stated that, [...]
Emirates Islamic Bank (EIB), a leading Islamic financial institution in the region, plans to launch a 2nd fund focused on the Indian real estate market following the doing well closing of its Danat India RIA Fund, the bank said on 3rd june.
The bank said the new fund will add to a growing portfolio of funds [...]
By admin
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Posted in Property News
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Also tagged Danat, EIB, Emirates Islamic Bank, Gcc Countries, India, Indian Investors, Islamic Financial Institution, New Delhi, Real Estate Sector, Retail Banking, Ria
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BANGALORE – IBM Corp plans to make better growth in India as part of its strategy to improve focus on promising markets and as local companies spend more on technology to cut costs and improve efficiency, an official said on Tuesday.
February 14, 2008 – 12:18 pm
MUMBAI – Fitch Ratings said its outlook for the Indian real estate sector in 2008 continues to remain generally stable with a minor negative bias.
It is told by ratings agency that growth over the preceding 3 years has been supported by great economic fundamentals, with better demand on the one hand and increasing supply supported [...]
January 28, 2008 – 8:49 am
Rreef has entered into the Indian real-estate sector with initial investment of $70 million. Rreef is known as global alternative investment manager business of Deutsche Bank. Rreef would be taking an undisclosed stake in Bangalore and Hyderabad based Golden Gate Properties Ltd. Rreef has no specially India dedicated fund, it has [...]
By rajani
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Posted in Property News
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Also tagged Alternative Investment, Apartment Projects, Assets Under Management, Bangalore, Commercial Projects, Dedicated Fund, Deutsche Asset Management, Deutsche bank, Global Fund, Golden gate, Golden Gate Properties, Hyderabad, Initial Investment, Investment Destination, Investment Manager, Majority Stake, Manager Business, Properties Ltd, Real Estate Sector, Residential Apartment, Retail Clients, Rreef, Undisclosed Stake
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