Tag: Property Developer

John works for habitat for poors

John Abraham has got more than five lac US dollars on behalf of a Georgia based non-profit organization for building homes for the poor in India, Pakistan, Bangladesh and other countries. John Abraham, who is the goodwill ambassador of Habitat of Humanity, received the money at a glittering ceremony here yesterday. The contribution, made by […]

New housing projects on hold in mumbai

The city is unlikely to see any new housing project coming up soon as the screws turn on the property market. Last month, Mumbai’s leading developers met and discussed the possibility of not launching new residential projects considering the slowdown, sources said. “New projects are not viable, sales are slow and buyers are sitting on […]

Matheran Realty To Sell Residential Units At Karjat

Property developer Matheran Realty said that it will sell 15000 residential units in its Karjat project at Rs 999 a square feet. The company is setting up Rs 900-crore mixed-use project at Karjat on 100 acres of land. Pravin Banavalikar, Chief Executive Officer, Tanaji Malusare City said, “The project will have 10%-15% reserved for commercial […]

Real Estate Boom In Multi-Cultural City Lucknow

LUCKNOW, the ‘Shiraz of Awadh’ and ‘Constantinople of India’, as it is metaphorically called, is the capital of Uttar Pradesh. Located in what was historically known as the Awadh region, Lucknow has always been a multi-cultural city. The real estate sector is seeing hectic activity, with every major property developer operating in North India launching […]

Will Property Price Come Down In The Near Future?

Many expect a further correction in home prices in India. Since the volumes of property transactions are going down, hence the asking price for property will also go down. Additionally, over-supply of property is posing as a major reason for the slow down in Real Estate prices.Recent media reports have also suggested the same trend. […]

Hyper City Retail To Focus On Big Box And Multi-Channel Format

Hyper City Retail, part of Mumbai-based K Raheja Corp, which also owns the Shoppers Stop chain of department stores, has called off plans to launch convenience formats, ExpressCity, announced last year. The retailer is instead shifting its growth plans to focus on the big box format and multi-channel retailing. Officials said it made better business […]

Indian company to develop Sri Lankan condo

Mumbai-based property developer Natvar Parikh & Co has signed an agreement with Sri Lanka´s investment promotion agency which will look after the Indian company construct US$13 million, 272-unit luxury condominium development in the island´s inland capital, Colombo. As par Lanka Business online, Natvar Parikh & Co´s deal with the Sri Lankan Board of Investment (BOI) […]