March 27, 2010 – 10:55 am
March 26, 2010 Towards the end of 2009, remarkable appreciation in values has been observed by the residential markets across big cities of India. Report by Wakefield and Cushman informed that in the two key residential markets in India, Mumbai and NCR, this trend is most prominent. In these areas, as compared to the same […]
October 3, 2009 – 5:30 pm
The Indian hotel industry will almost double the number of rooms from the current levels in 3-4 years by adding an estimated fifty-five thousand rooms, as per a study by consulting firm HVS India. The development of new rooms is going to be led by regional real estate players and hospitality firms as most large […]
Banks in India are suggesting property developers to stop increasing real estate prices as it could stop the market recovery. Developers have been taking advantage of rise in sale but its side effect could put off the buyers. S. Sridhar, Chairman and Managing Director of the Central Bank of India described the move as short […]
Struggling with a slowdown across segments, the Indian property market is moving towards the next phase of consolidation. Liquidity crunch in the real estate market is beginning to drive many mid-sized and small developers to beg for cover. Many want to liquidate their land and incomplete projects by selling them to bigger developers or private […]
ICICI fell 2.4% to 686 rupees, its lowest in almost two years. DLF declined 3.8% to the lowest since it began trading in July. The Bombay Stock Exchange’s Bankex Index lost 3.3%, and the real estate index shed 4%. The Reserve Bank of India unexpectedly lifted interest rates the second time in two weeks and […]
Indian marketers’ search for the next big emerging markets ends here. There are 51 districts in the country, like Tiruchirapalli (Tamil Nadu), Amravati (Maharashtra), Bhavnagar (Gujarat), Kamrup (Assam) and Jabalpur (Madhya Pradesh), with at least one major town with a population above 5 lakh, that offer huge market potential for anything from mass products like […]
As new government policies drive progress towards addressing climate change and other key environmental issues, the real estate markets around Asia and the world will change its look quickly and adopt green building concept, both in developing new buildings and improving existing ones, . This transformation will be driven by various combinations of regulation, government […]
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Also tagged Aspiration, Bangalore, Chennai, Conventional Buildings, Cost, Employees, Energy, Government, Government Policies, Green Certificate, House Renter, Mumbai, New Buildings, Requirement
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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, Launch, Major Cities, Market Trend, Price, Price Appreciation, Residential Prices, Sensex
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Indiabulls Real Estate Ltd plans to invest 10 billion rupees to expand its retail business in the next 2-½ years. Mr. Gagan Banga, Group spokeman said that the real estate firm, which also houses the group’s retail and power businesses, expects lease rentals of 10 billion rupees from two of its properties under development in […]
Fearing a supply glut in the housing and commercial property markets, real estate companies are pinning hopes on the booming hospitality sector. It’s not that the trend has just set in. It has certainly gained momentum of late, with practically every developer announcing hospitality projects.
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Also tagged Amp, Commercial property, DLF, Hospitality Project, Hospitality Sector, Hotel Industry, Parsvnath Developers Ltd, Purvankara Projects, Real Estate Companies, Real Estate Sector, Realtors
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Real estate developer Nirmal Lifestyle is planning to develop 20 townships across India. The company has marked an investment of $5 billion for the first phase, which includes five townships under the brand name of Lifestyle City, a company release said. Spread over 300-1,000 acre, the phase I townships will come up one each in […]
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Also tagged Capital Partner, Commercial Space, Global Property, Indore, Investment, Investment Officer, Lifestyle, Mumbai, Panvel, Price, Private Equity, Property Consultant, Real Estate Developer, Sport
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Goldman Sachs, Deutsche Bank and another financial investor are thinking to make a shared investment of eight hundred million dollar in three special purpose vehicles being created by real estate major Emaar MGF. Each SPV will have one financial investor. Delhi-based developer is in advanced talks with private equity players and is likely to close […]
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Also tagged Current Market, Emaar MGF, Financial Investor, goldman sachs, Indiabulls, Investment, Investor, Private Equity, Real Estate, Real Estate Investment Trusts, Real Estate Sector, Special Purpose vehicle, Spv, Unitech
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The Indian real estate sector, currently facing strong headwind due to the credit turmoil as well as high inflation, is set to get a breather from the market regulator SEBI’s move to allow Real Estate Mutual Funds, says global consultancy giant KPMG. Mr. Jai Mayani, KPMG’s Executive Director and real estate head in India, said, […]
The Special Economic Zone being developed by Mahindras at Jaipur will become partly operational in July with first group of clients moving in, a top official said on Friday. Mr. Arun Nanda, vice-chairman of the company told that Mahindra Lifespace Developers, the real estate and infrastructure development arm of the USD 6 billion Mahindra group, […]
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Also tagged Development, Jaipur, Mahindra, Mumbai, Nagpur, Nanda, Nashik, Private sector, Pune, Residential, SEZ, Special Economic Zone
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The sub prime crisis may have struck in the US, but real estate companies around the world are feeling the heat. The meltdown in property firms’ valuations in other economies, including India, China, Japan and the UK, has surpassed that of the US with Indian real estate companies witnessing one of the biggest falls. Some […]
Matheran Realty, A known Real estate firm, announced on Friday that it will build an integrated township at Karjat. The main aim behind this township is to cater for the need of the people with low income . The flats will be of sizes of 3 hundred to 5 hundred sq feet and priced at Rs 999 per […]