Tag: Real Estate

Real Estate is one of the Most Profitable Investments.

Market study says, prices of residential real estate have increased in the last one year and is going to be the same in coming future which means buying flats close to commercial areas will help the investors to get good return due to the high rental income. Executive director of KDP Infrastructure, Tanuj Goel said: […]

PE funding in Real Estate on a surge

With the loan scam unveiled and access to bank lending being tough, real estate funds and private equity (PE) firms now sense a business opportunity. Hoping that the loan scam will put more transactions on the table, they are actively working for the deal bargains. Bank funding and capital markets are the primary sources of […]

DDA housing scheme lures

After 2 long years Delhi development authority has launched its very own housing scheme from 25 November 2010 to 24 December 2010 giving out approximately 16000 flats in Delhi. DDA allotted about 5000 flats in the year 2008 with maximum price of 77 lakhs, this year the number of flats has gone up to 16000 […]

India Steel selling off its 2 acre plot

India Steel Works plan to sell its 2 acre plot in Navi Mumbai. Firm has thought of this step in order to unlock value from its real estate. Also, in order to use the proceeds to reduce its debt by half. The Executive Chairman of India Steel Works’, Mr. Ashwin Gupta informed media that they […]

Scope of small real estate investors

In present scenario, scope of small real estate investors in India is low as compared to the institutional investors. Although they can own many property, but bank would not fund more than two loans. However, this restriction doesn’t imply that they cannot invest beyond that from their personal accruements. They always have the option to […]

GCPS conducted by RICS Global Commercial Property

A survey was conducted by RICS Global Commercial Property called GCPS, according to which performance of real estate in emerging markets like South America and Asia is much higher than that in more developed countries. As per the survey, in quarter II, occupiers markets picked up, with increased lease demand as compared to first quarter […]

Bombay Dyeing to come up with residential and commercial buildings

Photo by nancyarora2020Mr. Nusli Wadia, chairman of Bombay Dyeing & Manufacturing Co., a textile major, expects to clear off its debt in the next few years through realty business. The current debt on the company is Rs. 1775 cr. At the company’s 130th annual general meeting, Mr. Wadia told the shareholders that debt has always […]

Indiabulls Real Estate net sales at Rs. 5.58 cr

The first quarter results have been declared by Indiabulls Real Estate. As per the report, Rs. 2.98 cr. was the company’s Q1 from standalone net profit. Rs. 5.58 cr. was its standalone net sales. According to the data, in March 2010, the trailing 12-month (TTM) EPS of the company was at Rs 0.56 per share. […]

Indiabulls flourishing after winning Bharat Mills bid

After winning the bid of NTC’s defunct Bharat Textile Mills in Worli, Mumbai, for Rs. 1505 cr, Indiabulls Real Estate shares have raised by over 3 %. Last Friday, the bid for Bharat Textile Mills closed and the winner was Indiabulls Infraestate which won by just Rs. 2 cr. On the Bombay Stock Exchange, the […]

Launch of Real Estate Ratings

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 […]

The Rise of Affordable Homes

The concept of affordable homes came into existence after the recession that hit real estate industry in 2008. From the beginning of 2000, a house meant stretching resources to the maximum due to the IT driven property boom. Since many people could not afford the sky-rocketing prices, they were left out of league. Although property […]

CCI Investing in Real Estate

On Wednesday, the Cable Corporation of India made announcement that it has planned to enter into the real estate and will spend an amount of Rs. 1000 cr. in its first project. CCI Projects Private Ltd (CCP) is an associate company of CCI in which CCI holds 15% stake. CCI will be developing the project […]

TOI Organised Real Estate Exhibition

A real estate exhibition has been organized in India which starts from tomorrow in Doha and is a two day showcase. This exhibition is organized by the Times of India newspaper. The venue of the exhibition is Regency Halls near Mall Roundabout. The exhibition guarantees showcase of the best real estate options available across India […]

India is in Favorites’ list of Retailers

Photo by HelveticaFanaticAlthough countries like China and Britain are ahead in the race but India has still managed to acquire 39th position in the favorites list of retailers in the world. In 2008, the CB Richard Ellis (CBRE), a real estate consultancy conducted a survey in which India was ranked as the 44th preference of […]

NRIs Entering Indian Realty

For the Diasporas, who plan to invest in the commercial and residential properties, the Indian real estate market is able to hold its position in front of them. For instance, a person Ganesh is an NRI (Non Resident Indian) who currently is in London, UK. He wishes to buy property in India and thus needs […]

Sale of non-core assets is DLF’s Plan

DLF, India’s leading real estate developers, plan to raise an amount of Rs. 2700 cr. this financial year by selling non-core assets in order to reduce its debt of over Rs 16,421 cr. by about 33%. The realty giant plans Rs. 5000 cr. to be cut from its debt. Out of these, Rs. 2700 cr. […]

Impact of Regional Laws on Realty Sector

In past few years, the realty sector has shown tremendous growth but according to experts, it may still remain a regional play in the country. The underlying reason is that different regions have different laws. JLLM, Jones Lang LaSalle Meghraj, a property consultant firm’s  Country Head and Managing Director Anuj Puri said that developers experience […]

Mumbai Realty Experiencing Price Hike

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 […]

Tata Housing and Tata Realty Acting as Competitors

April 26, 2010 The two companies Tata Realty and Tata Housing belonging to Tata Sons Ltd. are competing with each other which are doing nothing but hindering Tata Sons on a whole.  Therefore, Tata Sons is asking them to avoid this competition. Tata Housing Development Co. Ltd was established so as to develop and sell […]

Real estate key for equity markets

Real estate could be the lynchpin for the equity markets and a failure of a large IPO could start a correction in the market. Mr Deepak Parekh, Chairman-HDFC Bank, said, “If a large real estate IPO fails, it could have a serious repercussion on the market”. Mr Parekh stated that many of the recent IPOs […]

Indiabulls Power price band

Indiabulls Power is likely to fix a price band of Rs 42-45 per share for its proposed IPO, which is expected to start on 12th of October. The price band of the Indiabulls Power IPO is likely to be Rs 42-45. Calculated on the upper end on the price band, the company would collect around […]

RBI may hike interest rates

The RBI is planning to hike interest rates marginally in the fourth quarter of this fiscal to give a signal to the market. “To give a signal that the government is concerned about inflationary pressures, there is a chance of a marginal hike in interest rates in the January-March 2010 quarter,” HDFC Chairman Deepak Parekh […]

Tata BlueScope and Arshiya Intl tie-up

Tata BlueScope Building Solutions, a division of Tata BlueScope Steel Ltd, has tied-up with Arshiya International Ltd to provide Butler Building Systems for Arshiya’s upcoming warehousing projects in India. TBBS has started work, and is currently executing six Butler Buildings at Panvel. Arshiya plans to erect 19 warehouses and chillers units at Panvel and, subsequently, […]

Property cards to regulate realty

Property cards are the new concept to regulate realty sector in Karnataka. When the Karnataka Land Grabbers Act comes into force, it’ll bring in clearness by cleaning up land records. These had always been messed with, resulting in dubious property transactions and disputes. These cards, to be issued to property owners, will serve as authentic […]

Indian Hotel Industry Plans to Add 55 thousand Rooms in 4 years

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 […]