Analysis of the growth in real estate sector in last few years was performed. It revealed some very interesting statistics of the growth. The facts go like this: In 2007, the office sector experienced highest demand. Grade A office space of about 32 million sq ft leased out in that year. But after that, it […]
The real estate consultants Knight Frank India said that apart from some localities of Delhi and Mumbai, the retail rentals in other locations will be sluggish for next two years. Although the number of malls and shop space has tremendously increased, the retail still lags behind commercial and residential property. “Although the outlook looks interesting, […]
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Also tagged Bangalore, caution, chief executive, growth strategies, India, Knight Frank, localities, Malls, Ncr, occupancy rate, Pune, Real Estate Consultants, Residential Property, shop space, Slowdown, sushil
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May 1, 2010 ‘Your Gateway to India 2010‘ is the title of the realty expo organized for the first time by Times of India in USA. This expo is organized to give exposure to NRI Indians about the booming India’s economy of $1.2 trillion. This Expo is scheduled on 1st and 2nd of May, 2010 […]
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Also tagged Bangalore, Chennai, Confident Group, DB Realty, delhi, Edison, Godrej Properties, Hiranandani Group, Jaypee Group, Mantri Developers, New Jersey, Paranjpe Constructions, Pune, Reddy Constructions, Santa Clara, Times of India, USA, Vijay Shanti, Your Gateway to India 2010
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April 29, 2010 – 12:18 pm
April 29, 2010 Since the realty prices are back to pre-recession levels, the sales are decreasing. The price of flats at Ashok Towers in the Parel area of Mumbai is Rs. 28 thousand per square feet. This is much above the rates at which builders were selling in 2007-08 at the peak of the property […]
April 17, 2010 Godrej Group, Mumbai’s biggest landowner, is likely to release by the end of this year in Vikhroli, a prime 35-acre chunk. In the recent path, this could be one of the largest drapes of unencumbered realty hitting the market. In the eastern suburbs, most of the large industrial plots sold to developers […]
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Also tagged Acre Land, Architect, Developers, Eastern Suburbs, Environmentalists, Executive Director, Godrej Group, Godrej Properties, Industrial Plots, Mangrove Park, Times of India
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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 […]
The Only Affordable House March 10,2010 The fact that inflation rate and overall prices of raw material are rising is becoming one of the major reasons for the property price rise. In the last few months, developers have boosted up the property prices by 10 to 35% while offering exciting packages as a gadget to […]
October 6, 2009 – 12:39 pm
Madhucon Projects Ltd, a Hyderabad-based infrastructure company, has secured a $3.9 million order for a road project from the Government of Nepal. According to a company statement, the mandate involves upgradation of Sanfebagar-Martadi road under the road improvement project of the Exim Bank of India, Mumbai. It had commissioned its first BOT project on NH […]
September 26, 2009 – 1:54 pm
Mumbai is expected to see the highest demand for residential space of approximately 16.40 lakh units due to the large scale urbanization. The mid-scale and affordable housing in suburban and peripheral areas will be the focus of this demand. However, the demand for office space would be approximately 23.7 million square feet, which is lower […]
September 23, 2009 – 11:15 am
As the global slowdown pushed consumers to stay at home, retailers halted expansion plans and checked out of expensive high-street locations. Rental rates at high street locations across the world crashed, with the biggest crashes in Mumbai. Among the exceptions were Bangalore’s two iconic retail hubs, Brigade Road and Commercial Street, and Kolkata’s Camac Street. […]
Photo by suburbansliceAs per the draft guideline released by RBI, bank loans to entrepreneurs for acquiring real estate for their business would not be classified as commercial real estate (CRE) exposure. Currently, bank loans to companies for acquiring real estate for hotels and hospitality are treated as CRE exposure and attract a risk weight of […]
PropertywalaAfter long time of stagnation in the commercial real estate market in Mumbai, there is finally some revival. First off the block was the 10.3-acre Finlay Mill property for which there have been bids from Lodha Developers and Indiabulls Real Estate. On July 31, NTC will put the 16-acre Kohinoor Mill-1 property also on the […]
DLF is looking to raise Rs 300-500 crore by selling its stake in a JV with Mumbai-based realtor Akruti City for a commercial project in Andheri. DLF has already scrapped a 5 star hotel project in Prabhadevi in Mumbai with Akruti. DLF was the majority stakeholder in the project. DLF has been looking to monetise […]
December 8, 2008 – 12:16 am
Citigroup has downgraded Indian Hotels to ‘hold’ from ‘buy’ rating with a target price of Rs 47. The downgrade is based on lower earnings estimates to take into account the recent terror attacks in Mumbai, which will lead to temporary shutdown of the company’s flagship property in Mumbai and likely lower occupancy of the company’s […]
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Also tagged Budget Hotel, budget hotels, Citigroup, Downgrades, Earnings Estimates, Economic Downturn, Flagship Property, Foray, Ginger, Hotel Operator, Hotel Sector, India Hotels, India Indian, Management Contracts, Terror Attacks
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October 17, 2008 – 1:55 am
Real estate entrepreneur Vijay Raheja has lined up a raft of projects in Mumbai and Bangalore for the next six months to a year—braving a slump in the property market after splitting the family business with his brother in July—and started with a development targeted at the rich. His company, V Raheja Design Construction launched […]
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Also tagged Bangalore, Buena Vista, Commercial Projects, Design Construction, Estate Entrepreneur, Family Business, Information Technology Park, Jw Marriott Hotel, Knight Frank, Property Consultancy, Raheja Builders, Regional Director, Residential Project, Whitefield
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October 2, 2008 – 11:37 pm
Last week, at Mumbai’s Grand Hyatt Hotel, leading city-based real estate developers were closeted in an hour-long meeting. The agenda: to discuss ways to counter the slump in home sales which has persisted for almost an year now. The outcome: The bitter realization that the Indian developer has limited options before him to attract buyers. […]
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Also tagged Conclusion, Consumers, Flexible Rates, Grand Hyatt Hotel, Housing Projects, India, Interest Rates, Kotak Securities, Mismatch, Participant, Profits, Real Estate Developers, Realty Market, Residential Markets, Residential Prices, Slump
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September 12, 2008 – 5:47 am
Parsvnath Developers Ltd has declared that the they have won another project from Mumbai to develop a plot of land at Mahim Bus Station for commercial and residential utilization along with remodeling of existing bus station. The project would give the Company a developable area of forty thousand square feet with a realizable value of […]
September 10, 2008 – 3:20 am
With growing foreign investments in the country’s real estate market, long-term prospects of the sector look brighter, HDFC Chairman Deepak Parekh said. “Long-term prospects of commercial real estate market continue to be positive owing to growing opportunities in sectors like healthcare, hospitality, logistics and education,” Parekh told reporters in Mumbai. There is sufficient interest from […]
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Also tagged Commercial Real Estate, Deepak Parekh, Enormous Demand, Fence, Financial Instruments, Foreign Direct Investment, Foreign Investments, Foreign Investors, Housing Shortage, Interest Rates, Ipo Market, Logistics, Private Equity, Real Estate Sector, Real Estate Sectors, S Real Estate, Saturation, Segment, Term Prospects
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September 2, 2008 – 1:16 am
Saffron Asset Advisors, a private equity player, is planning to launch three new funds in hospitality, logistics and infrastructure early on 2010. Ajoy Veer Kapoor, founder and managing director, Saffron Asset Advisors told FE, “We are planning a five hundred million dollar infrastructure fund, and will introduce two hundred million dollar hospitality and logistics funds. […]
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Also tagged Anchor, Capital Markets, delhi, Eight Months, Estate Deals, Foreign Direct Investments, Hundred Million, India Real Estate, Indiabulls, Infrastructure Fund, Logistics Warehousing, Managing Director, Mumbai Delhi, Private Equity Firm, Real Estate Investments, Saffron, Seven Months, Tirupur, Venture Capital Activity, Vishakhapatnam
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August 20, 2008 – 9:39 am
A Delhi based real estate company, which claims to have transformed the dreams of several of its customers to reality, is being trampled by a leading Mumbai-based NBFC. The promoters of the real estate company had pledged its shares with the NBFC and accepted a funding of Rs 300 crore to meet its short-term working […]
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Also tagged Bad Debt, Borrowings, Circles, Dreams, Market Sources, NBFC, Promoters, Real Estate Company, Real Estate Developer, Share Prices, Shares, Stock Price, Working Capital
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August 18, 2008 – 2:37 am
Indian logistics industry is expected to grow at 15% to 20% per annum, reaching its revenues of $385 billion by 2015, said a report prepared by Cushman and Wakefield, which term the sector as new powerhouse for the real estate sector in times to come. As per C&W estimates, the market share of organized logistics […]
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Also tagged Cushman & Wakefield, Cushman And Wakefield, Hubs, Logistics, Market Share, Powerhouse, Preferred Location, Real Estate Sector, Realty Development, SEZ, Support Infrastructure, Tier 3, Vizag
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When a London-based real estate marketing firm recently held India property road shows in the US and UK, they were zapped to find Ahmedabad rubbing shoulders with Goa and Mumbai when it came to attracting the highest number of non-resident Indian (NRI) queries. At a time when the appetite for Indian realty is growing in […]
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Also tagged Ahmedabad, Axiom, Credai, Goa, Gujarat, Hot Spot, India Property, Indian Cities, Luxury Apartments, Marketing Firm, NRI, Nris, Property Developments, Real Estate Marketing, Sub Prime Crisis
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Driving on the country’s first expressway connecting Mumbai with Pune is always a pleasure, so much so that people have started shuttling between the two cities daily. All this courtesy the swanky road’s meticulous upkeep by a company that was once a family-owned business doing road-building works for local bodies. At the helm of it […]
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Also tagged 10 Months, Bharuch, Bhiwandi, Business Enterprise, Crore, Family Owned Business, Golden Quadrilateral Project, Helm, Multiple Services, Partnership Model, Present Day, Public Private Partnership, Pune, Road Contractors, Road Sector, Rs 1, Showcase Projects, Upkeep, Virendra
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Wipro Infotech has managed to get a ten year project worth Rs. 1.3 billion from Lodha Group. Wipro will provide IT and business transformation services to Lodha group in India and Middle East. Wipro InfoTech is a leading IT company in India. Lodha group has started a new path to get a premier position in […]
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Also tagged Business Transformation Services, Campuses, Development Projects, Estate Business, Group Director, India, Leading Real Estate, Middle East, Real Estate Market, Real Estate Project, Townships, Western Markets, Wipro, Wipro Infotech
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