September 21, 2008 – 11:42 pm
Indian property prices, which had taken off jet appears to be losing altitude after bad debts because of their origin to the real estate reduced the U.S. financial market to its knees. Market-men see prices cooling and projects are blocked because of lack of funds cheap, but do not expect the market crash. The collection […]
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Also tagged American Investors, Anuj Puri, Bad Debts, Bank Of America, Banking And Financial Services, Collapse, Commercial Real Estate, Commercial Space, Global Real Estate, Investment Banker, Jones Lang Lasalle, Jones Lang Lasalle Meghraj, Large Portion, Market Crash, Merrill Lynch, New Avenues, Private Equity, Western Europe
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September 17, 2008 – 6:48 am
Real estate prices are expected to soften further as the current global financial turmoil would force cash-starved builders to offer hefty discounts. The collapse of financial powerhouses like Lehman Brothers and the consequent liquidity problems will stop the inflow of fresh investments into India’s real estate sector. According to analysts, the crisis, which comes at […]
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Also tagged Collapse, Diwali, Global Financial Turmoil, Hefty Discounts, India, Inflow, Investments, Knight Frank, Liquidity Problems, Powerhouses, Pranay, Real Estate, Real Estate prices, Real Estate Sector, Slump, Vakil
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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, Hyderabad, Initial Investment, Market Situation, New Projects, Promoter Group, Realty Firms, Sensex, Stock Broking, Unitech
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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 […]
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Posted in Property News
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Also tagged High Interest Rates, India Real Estate, Indian real estate, Mumbai Market, Parsvnath, Private Equity Deals, projects, Real Estate Company, Real Estate Fund, Real Estate Sector, Saffron, Sobha
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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, Land, Lehman Bros, Northern Suburbs, Office Space, Real Estate Partners, Roppongi Hills, Unitech Ltd, Western Expressway, Worli
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