November 24, 2008 – 6:54 am
The giant cranes that once worked long into the Mumbai night are still, the roar of concrete mixers has dulled, and hundreds of migrant Realty hit workers have gone home.
A slowing economy, high interest rates, tighter credit and a falling stock market have left developers in India’s financial hub scrambling for cash and delaying or [...]
By Rajani
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Posted in Property News
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Also tagged Apartment Towers, Cb Richard Ellis, Concrete Mixers, Crunch, Distress Sales, Financial Hub, Foreign Investment, Giant Cranes, High Interest Rates, Incomes, Liquidity, Low Interest Rates, Office Blocks, Residential Spaces, Roar, Skyline, Slump, South Asia, Stock Market, Tight Credit
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November 3, 2008 – 1:21 am
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 the [...]
October 8, 2008 – 9:05 am
Rising property prices and increased interest rates, coupled with a demand-supply mismatch has brought down the overall affordability of residential properties in the country today forcing developers to resort to offering feebies and early bird discounts to arrest fall in sales, according to a recent report.
The economic slowdown which has mainly affected suburban and non-metro [...]
By Rajani
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Posted in Property News
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Also tagged Asset Classes, Cash Reserves, Cautious Approach, Cushman And Wakefield, Economic Slowdown, Installment Payment, Investment Terms, Land Reserves, Land Transactions, Lifetime Warranty, Metro Locations, Residential Developers, Residential Properties, Suitable Investment
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August 26, 2008 – 4:56 am
After delivering more than 11,000 residential flats and a number of commercial establishments in Pune, Goel Ganga group is on a major expansion mode.
The group is all set to deliver 10,000 flats within next three years in prominent cities like Bangalore and Mumbai along with Pune at an estimated investment of Rs 5,000 crore.
The group [...]
By Rajani
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Posted in Property News
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Also tagged Ambitious Project, Bangalore, Cinema Multiplex, Commercial Complexes, Commercial Establishments, Commercial Space, Expansion Mode, Expansion Plans, Hospitality Business, Hospitality Sector, Nagpur, Real Estate Sector, Residential Flats, Screen Cinema, Tree Hotel
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August 25, 2008 – 7:50 am
Investors who want to take advantage of growth in the domestic real estate sector can draw strength from DLF’s impeccable delivery record and scale of operations.
A prominent player in the National Capital Region (NCR), DLF is the largest listed realty company in India. Besides being present in homes, offices and shopping mall segments, it has [...]
By Rajani
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Posted in Property News
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Also tagged Asset Portfolio, Commercial Projects, Compound Annual Growth Rate, Delivery Record, Economic Zones, Housing Projects, Income Housing, Land Reserves, Phenomenal Growth, Portfolio Business, Premium Price, Product Portfolio, Real Estate Sector, Realty Company, Retail Projects, Star Performers
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August 11, 2008 – 12:34 am
South-based Jain Housing and Constructions have launched its two mega residential ‘Carlton Greek’ projects.
Company’s CEO Vijay Kumar Managing Director Sundeep Mehta said that company will construct 1,120 apartments in two phases investing Rs 950 crore.
He said that the project would be completed by 2011. The company’s last year turnover was Rs 280 crore with profit [...]
By Rajani
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Posted in Property News
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Also tagged Apartments, Constructions, Elegance, Grandeur, Housing Projects, Investing, Managing Director, Mehta, Pleasing Balance, Turnover, Vijay Kumar
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Private investment company Berggruen Holdings (BH) has forayed into the realty space in India, lining up a slew of commercial and residential projects. It plans to take advantage of the sluggish market scenario to make investments.
Berggruen Holdings founder Nicolas Berggruen said, “The real estate market is going to be difficult for a couple of years. [...]
By Rajani
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Posted in Property News
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Also tagged Aesthetics, Asset Classes, Berggruen Holdings, Dynamic Opportunities, Forays, Hospitality Education, Major Component, Market Scenario, Mysore, Nicolas Berggruen, Private Investment Company, Public Markets, Raipur, Retail Formats, Sluggish Market, Valuations, Vizag
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Real estate business is still not in full swing like other cities such as Hyderabad and Bangalore in south India. Builders are slowly shifting their attention towards real estate businesses in the city of Chennai. Only since the past decade, the Chennai builders have been securing the city with good looking ventures. The basic theme [...]
By manish
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Posted in Property News
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Also tagged Chennai Builders, Construction Companies, Estate Businesses, Golden Fortune, India Builders, India Real Estate, Jain Housing, Metropolitan City, Quality Certification, Real Estate, Residential Unit, South India, Tennis
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