More trouble for the builders, farmers of Yamuna expressway may target F1 track. After Noida and Greater Noida, its now turn of Yamuna Expressway land row to cause worries among thousands of homebuyers. Farmers more than 30 villages, along the Greater Noida – Agra toll road, the villagers decided to move to Allahabad High Court […]
Since the land rate are rising and realty seems to be the most profitable market, many of the top textile firms are also attracted to this business and are thus generating additional revenue streams by developing or selling precious real estate. Some of such firms are Provogue India, Century Textiles & Industries, Bombay Dyeing & […]
September 19, 2009 – 12:04 pm
The Naveen Patnaik Government’s failure to help companies take possession of land has delayed implementation of 14 mega industrial projects. Top representatives from Posco-India, Tata Steel, ArcelorMittal India Ltd, Jindal Steel & Power Ltd, SSL Energy Ltd, Uttam Galva Steels Ltd, Essar Steel Orissa Ltd, Bhusan Power & Steel Ltd, Aditya Aluminium Ltd, Welspun Power […]
September 18, 2009 – 11:50 am
Building infrastructure requires huge investments and one of the effective ways of addressing this insurmountable obstacle is to unlock urban land values for infrastructure finance. This is what experts contended at a day-long deliberation, jointly organized by the Ministry of Urban Development, Infrastructure Development Finance Corporation, India Urban Space Foundation and National Institute of Urban […]
Debt-ridden realty player DLF said that it will sell more land and wind power business this financial year to raise Rs 1,900 crore and lowered the sales figure for flats. With a total debt of over fourteen thousand crore rupees to start the year 2009-10, DLF had been doing everything conceivable, including sale of promoters’ […]
With slowdown hitting the real estate sector, land/property deals appear to be falling like ninepins. The latest deal to come unstuck is one involving the K Raheja Universal group and Lupin. According toSources the negotiations between the two parties for part of Lupin’s land at Boisar in Tarapur and Thane district, has fallen through primarily […]
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Also tagged Citra, house, K Raheja Universal, Kalyan, Lupin, Pharmaceutical Firms, Real Estate, Real Estate Developer, Real Estate Sector, Realty Fund, Tarapur, Thane District, Universal Group
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Lehman Brothers Real Estate Partners has agreed to invest approximately US$175 million to acquire a 50% stake in the initial phase of a master-planned project on the Western Expressway of Mumbai. The project is being jointly developed by Unitech Ltd. and their local Mumbai Partners (the Western Expressway JV). The initial phase entails development one […]
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Also tagged Canary Wharf, Khar, Lehman Bros, Lehman Brothers, Northern Suburbs, Office Space, Real Estate Partners, Roppongi Hills, Unitech Ltd, Western Expressway, Worli
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Real estate developer BPTP Group has paid Rs 1000 crore to the Noida authorities as the first instalment for its ambitious 95-acre project. The privately held developer said that the rest of the payment, of Rs 250 crore, would be made very soon. DNA Money had last week reported about BPTP making the payment early […]
The counter of Shree Precoated is witnessing sustained investment-based buying by investors. The buzz is that the company is going to register good numbers. Analysts say the company is expected to report a PAT of more than two hundred crore on revenue of Rs two thousand crore for financial year 2007-08. The company is looking […]
KOCHI: The Dewa Group promoted by NRI businessman K Venugopalan Nair is foraying into the real estate sector in Kerala with an Rs30 billion project, which includes a super luxury apartment complex on the Marine Drive here. The complex ‘Dewa Royale’, spread across six acres of premium property reclaimed as part of the Goshree project, […]
The Ministry of Railways have set up Rail Land Development Authority (RLDA) by an amendment to Railways Act, 1989 (Amendment No. 47 of 2005) for commercial development of vacant railway land for generating revenue. So far 115 sites, covering a total area of 1139 hectares (approx) have been entrusted to the Authority for commercial development […]
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Also tagged agra, Ahmedabad, Amritsar, anand vihar, Bangalore, bhopal, bhubaneshwar, bijwasan, carnac bunder, Chandigarh, Chennai, Commercial property, delhi, gaya, guwahati, habibganj, howrah, Jaipur, kanpur, lucknow, mathura, Mumbai, Nagpur, New Delhi, patna, Pune, railways, RLDA, secunderabad, thiruvananthapuram, tirupati, varanasi
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The unending euphoria over real estate, which India has been witnessing over the past few years, is finally starting to show signs of ebbing, and that is probably healthy news for the long-term growth of this sector. Collapse of a few recent PE deals, postponement of capital-raising plans by developers and poor response to government […]
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Also tagged Auctions, Capital Values, Deceleration, Government, Home Loan, Major Cities, Real Estate, Rental Values, Residential Sector, Sector Collapse, Suburban Location
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