Mumbai-Based Tata Housing Development Company, the property development arm of the Tata group, is now expanding its real estate operations beyond the financial capital. In the past, 90% of the groups projects has been concentrated in Mumbai. However, besides Mumbai, they are now actively looking at locations such as Bangalore, ...
The Central Park will never be the same again. The Jaipur Development Authority (JDA) has drawn up an ambitious plan of Rs 3.6 crore for its modernisation, upgradation and for developing it as a theme park. The concept of theme park is based on the fact that the entire designated ...
Bangalore-based property developer Shriram Properties Ltd is looking to raise $300 million (around Rs1,220 crore) through a stake sale to private equity (PE) firms to fund its expansion into newer markets such as Gurgaon, Mumbai and Ahmedabad.
The company is in talks with PE firms such as Walton Street Capital ...
An Indian hedge fund manager has described his country as being in a sweet spot of economic progress, telling investors in the hospitality and real estate industry that India will be able to sustain an annual growth of 10 per cent for many years.
Investment level rose 40 per cent of ...
Real estate prices on the much-hyped Rajiv Gandhi Road (IT Highway), which had started softening a year ago, are falling now.
An approved residential plot measuring 4,800 sq ft, located hardly 200 metres from the IT Highway in Karapakkam, was recently sold for Rs 56 lakh per ground (2,400 sq ...
The recent dip in hotel occupancies have led hotels to check out of the plain-vanilla room concept. The hospitality industry is now gearing up for alternate hospitality formats such as residential hotels, destination resorts, condo hotels, vacation ownership and private residents club.
Sample this: Four Seasons is developing a destination ...
Land, capital and execution skills — most players in the real-estate business come armed with the first of the three considered mandatory to break through in the business.
But Mr Prakash Gurbaxani, CEO, QVC Realty, the countrys first private equity-backed real-estate start-up firm, unlike most of his competitors, dived into ...
Global banking and financial solutions company Nucleus Software today said it is planning to expand its operations by setting up a 1000-seater facility in the country entailing an investment of up to Rs 30 crore.
The company will be investing Rs 20-30 crore in 17 acres of land in a ...
A rental budget Rs 40,000 is big enough to get you an apartment in up-market areas like south Delhi and Gurgaon. In south Delhi, two-bedroom apartments of 2,700 sq ft are available in Gulmohar Park. Defence Colony has similar options. In Greater Kailash II you can get three-bedroom flats of ...
If realty bites, Indian restaurant owners seem to be biting off more than they can chew offshore. Skyrocketing real estate prices in India are forcing homegrown restaurateurs to take wing abroad with investments in the UK, the US, Dubai and the Far East. And this is no curry-in-a-hurry when veteran ...
Software services firm Polaris Software Lab Ltd on Wednesday deferred a decision on a proposed share buyback programme and instead decided to focus on real estate investments, a top official said.
We have a lot of under-leveraged assets and we have to decide how we can best leverage those assets to ...
MagicBricks.com is taking its online real estate initiative offline with a series of property bazaars from January 12 to March 9, 2008 in Mumbai, Delhi, Chandigarh, Lucknow, Kolkata, Jaipur, Noida, Gurgaon, and Ludhiana. The fair is being conducted under the banner of MagicBricks.com Property Bazaar 08. The property fairs would ...
Real estate developers in India are planning alternative measures to cut down costs of construction by about 15 to 20% owing to the recent hike in raw material inputs costs for construction, especially, cement. Red Fort Capital, in association with Nagarjuna Constructions and DLF, has replaced the use of cement ...
Knight Frank, the leading independent global property consultancy, says the global real estate market is going through one of its toughest phases. According to Nick Thomlinson, the general picture remains sluggish across the board, but the key market in slowdown mode at the moment is the US. He fells it ...
Land, capital and execution skills — most players in the real-estate business come armed with the first of the three considered mandatory to break through in the business.
But Mr Prakash Gurbaxani, CEO, QVC Realty, the countrys first private equity-backed real-estate start-up firm, unlike most of his competitors, dived into ...
A rental budget Rs 40,000 is big enough to get you an apartment in upmarket south Delhi and Gurgaon. In south Delhi, two-bedroom apartments of 2,700 sq ft are available in Gulmohar Park. Defence Colony has similar options. Greater Kailash II has three-bedrooms of 2,200 sq ft. Saket and New ...
The issue of land acquisition for the setting up of Special Economic Zones (SEZs) has focused national attention on the loss of agricultural land. Addressing a National Development Council meeting on December 23, 2006, Prime Minister Manmohan Singh said: I agree that we must minimise the diversion of agricultural land ...
Russian conglomerate Sistema, on Tuesday announced plans to invest $100-200 million in developing hotels, offices and residential complexes in major cities Hyderabad, Bangalore,Chennai, Delhi and Mumba. The revelation came after the companys decision to invest $5 billion in the countrys telecom sector earlier in the year.
(live-PR.com) - Russian conglomerate Sistema, ...
If you are looking to make money from property, and dont have billions of rupees to spare, you cannot be looking to buy a villa in New Delhi. Lesser mortals will necessarily have to look at areas where development has not yet taken place, yet. There is no dearth of ...
Real estate developer Rakindo Developers has unveiled its plan to build a $1.5 billion (Rs 6,000 crore) integrated township at Coimbatore. It is expected to be ready for launch by the last quarter of 2008. The flagship project of Rakindo Developers in the texcity will be developed over 1,000 acres ...
Vishal Retail Limited has opened one new Showroom on Monday i.e. April 14, 2008 at Vaishali Nagar, Jaipur, Rajasthan comprising an area of 10,000 Sq. Ft.
The total number of stores opened by the company has reached to the tally of 105 stores spreading across an area of 22,20,732 Sq. Ft. ...
It seems a valuable proposition to let it out in Mumbai -- a day after industrial property rent growth there being named the worlds highest, the rise in residential rental in the countrys financial capital today came out to be the second highest in Asia.
According to a report by ...
Sistema, Russias largest private sector consumer services company is planning to develop a mixed-use real estate project at Gurgaon in the National Capital Region. The project, in partnership with the Shyam Group will be developed on a 22 acre area located on the national highway that passes through Gurgaon, with ...
Russian conglomerate Sistema, on Tuesday announced plans to invest $100-200 million in developing hotels, offices and residential complexes in major cities of India. The revelation came after the companys decision to invest $5 billion in the countrys telecom sector earlier in the year.
Sistema has clinched an alliance with India Shyam ...
In a high-end luxury apartment, aesthetics govern the architecture whereas; in middle-segment apartments the focus is on effective utilisation of space. But with rising real estate prices, all new supply in south Delhi carries such a high price tag that new properties gets labelled as super luxury. Simultaneously, and again ...