On Thursday, Crisil, the leading credit ratings agency, introduced real estate ratings in order to help buyers in making informed purchases so that greater transparency can be achieved. This concept of rating is launched for the first time by any Indian organization. Roopa Kudva, the Managing Director and Chief Executive Director of Crisil, told that […]
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Also tagged crest, crisil, Developer, indian organization, Infrastructure, innovations, Managing Director, overruns, parameters, Project Completion, Real Estate, Real Estate Rating, roopa, seven stars, timely completion, transperancy
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A leading private equity fund, Ireo, which is dedicated to the Indian real estate sector with nearly $2 billion of funds, has annunciated the launch of the tallest residential towers in Gurgaon which would be called Victory Valley. There will be adjacent mid rise options along with the three high-rise residential towers which would essentially […]
January 13, 2009 – 1:21 am
Some of India’s largest real estate firms such as DLF, Unitech, Omaxe and Parsvnath that launched multiple projects at the peak of the real estate boom are now under pressure from buyers and investors who look to exit these projects. Already in a difficulty due to unavailability of bank loans and a fall in sales, […]
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Also tagged Allegations, Apartment, Bank Loans, Commercial Plots, Commercial Projects, Developers, Industrial Plots, Initial Deposits, Installments, Kolkata, Marg, Omaxe, Parsvnath, Real Estate Boom, Unitech
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November 11, 2008 – 5:56 am
India’s most valuable real estate firm, DLF Ltd, and American life insurer Prudential Financial Inc (PFI) said they have an in-principle regulatory approval for a mutual fund venture formed in December. “We look forward to a successful launch once we receive the remaining regulatory approvals, which should take place sometime in 2009,” Rajeev Talwar, group […]
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Also tagged Asset Managers, Benchmark Index, Christopher Cooper, Deutsche bank, Fixed Income Fund, Group Executive Director, International Investments, Life Insurer, Mantri, Mutual Fund, Nod, Pfi, Prudential, Prudential Financial, Prudential Financial Inc, Pvt Ltd, Regulatory Approval, Regulatory Approvals, Slump
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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, Housing Project, Indirect Employment, Jain, Leading Real Estate, Leading Real Estate Company, Leisure Activities, Managing Director, Parsvnath Developers, Sanjeev
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September 3, 2008 – 9:33 am
Millennium Spire Limited, an ‘Alternative Strategies Fund’ under the UK-based Millennium Global Umbrella, has entered the Indian realty sector unveiling its maiden platform for developments in the Indian market, Spire World. It is a platform that would drive development of mainstream green projects of Millennium Spire in the country. This has also marked the launch […]
Indo Rama Retail Holdings Pvt. Ltd, the retail venture of the promoters of Indo Rama Synthetics (India) Ltd will be setting up 200 stores across the country over the next three years. Announcing the launch of the company’s store in Chennai, Mr Ashok Srivastava, chief operating officer, Indo-Rama Retail Holdings said, “Any company spends close […]
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Also tagged Accruals, Chennai, coimbatore, Indo Rama Synthetics, Market Share, Media Sectors, Office Materials, Retail Stores, Retail Venture, Tier 3, Trichy
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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, Hyderabad, Index, Jaipur, kanpur, Major Cities, Market, Market Trend, Price, Price Appreciation, Residential Prices, Sensex
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