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  91 RealEstate News Headlines  
 
Unitechs new brand for affordable homes
Unitech, the countrys sec-ond-largest property developer, plans to launch a new brand, Uni Homes, for affordable housing projects. These projects will be priced at Rs 10-30 lakh, a company official said. The first project under the brand will be in C ...
 
 
Virars low-cost rental plan to house 1L families
The government\'s low-cost rental housing scheme took a leap forward with the announcement of a mega infrastructure project for housing 1.33 lakh families on a 525-acre site, west of Vi-rar station. The project, a joint effort between the Mumbai ...
 
 
Tata Housing to offer more low-cost homes
Housing Development Company has said that it would increase the number of low-cost homes to be built at Boisar, nearly 100 km from the city, from 1,000 to 1,300. Last month, the company announced the launch of its low-cost homes on eight acres. The ...
 
 
Nahar Group offers flats at reasonable rates
Nahar Group, one of the leading real estate developers in the country, announced to offer luxurious flats at very affordable prices in two 20-storeyed residential towers, Jonquille and Jamaica, containing exclusively 2-BHK flats at its prestigious co ...
 
 
After the car, Tatas to roll out nano homes
Tata Housing To Offer 1,200 \'Value Homes\' In The Rs 3.9 Lakh To Rs 6.7 Lakh Range Near Mumbai. TATA Housing, a subsidiary of Tata Sons on Wednesday, announced that it would be offering \'value homes\' at affordable prices under its \'Shubh Gri ...
 
 
Indiabulls to launch eight projects this year
Property developer India-bulls Real Estate (IBREL) plans to build residential projects over 9.8 million square feet in the current fiscal year to generate cash flows. The Mumbai-based developer planned to launch eight projects in six cities as part ...
 
 
TMCs Rs. 800 crore social Housing Project
Tanaji Malusare City (TMC), spread over 100 acres, is coming up at Karjat, about 60 km west of Pune, consisting of no less than 5000 homes of 160, 225, 325 and 400 sq.ft. carpet areas, costing Rs. 2 lakhs, Rs. 3 lakhs, Rs 5 lakhs and 7 lakhs respect ...
 
 
Ansal Plans 10000 Affordable Homes
Ansal Properties and Infrastructure plans to invest about Rs. 500 crores to develop 10000 affordable homes priced between Rs. 2.5 Lakhs and Rs. 9.5 Lakhs. The housing units, which will come up in UP and Rajasthan, are expected to be ready for deliver ...
 
 
‘Perfect’ Affordable Homes From Akruti
Mumbai based developer, Akruti City, has shifted its focus from hospitality, retail and township projects to affordable homes. Under the brand name of just perfect Homes, it will build homes priced at Rs. 22 lakhs- Rs. 32 Lakhs. In the first phase, t ...
 
 
Rs. 40000 crore ‘water front city’ planned
The Hindustan Construction Company has signed an MoU with the Gujarat Government to develop a ‘Water Front City’ at Dholera, located in the Delhi-Mumbai industrial corridor, with an investment of Rs. 40000 crores. The development would ...
 
 
Developers Target the Bottom Segment to Generate Liquidity
Unitech, Omaxe, Raheja, Tata Housing and Ansal API are planning new projects in the suburbs of satellite towns or smaller cities to target the bottom segment, to generate more cash. New Delhi-based Unitech and the Raheja group are planning to build s ...
 
 
Sobha Developer Cuts Workforce by 30%
Sobha Developers Ltd, a leading realty firm in south India, has witnessed its monthly revenue reduce by more than half, from Rs120 crore to Rs 50 crore. With sales down, Sobha has been forced to cut its 3,000-strong workforce by about 30%, to 2,170. ...
 
 
Chennai to have 6 More Malls Despite the Slump
The slowdown may have stalled construction projects across the country, but Chennai is set to get six to eight new malls in the next couple of years, replete with food courts, cinema theatres, gaming arcades and shops. “In another two to three ...
 
 
Government Backs Orange Realty’s Subsidiary Plan in India
The Government today allowed Orange Realty to set up a wholly owned subsidiary in India. The company has already received Rs 2,051 crore from IREO Investment Holding III, a Mauritius-based fund focused on setting up SEZ, IT/BPO Parks, and development ...
 
 
City Corporation to Build India’s First Digital Township
SAP India today announced that City Corporation Ltd, a real estate promoter and builder in Maharashtra, has successfully gone live on SAP ERP to help accelerate its business expansion plans. This includes building 50,000 houses across five townships ...
 
 
International Real Estate Giant RE/MAX Opens Office in Delhi
Real estate giant RE/MAX International recently opened in India with a new branch in New Delhi. After the signing, RE/MAX Chairman and Co-Founder Dave Liniger introduced over 100 employees to the new owner of RE/MAX India, Samir Chopra. India is one ...
 
 
Ambuja Realty to Start 3 New Projects in Bengal
Notwithstanding the slowdown, city-based developer Ambuja Realty plans to unveil three new real estate projects in West Bengal this year, a top company official says. The projects comprise a 150-room hotel, a mall and an IT park at Rajarhat on the no ...
 
 
DLF proposal to build township rejected
The West Bengal government has rejected DLF Ltd’s proposal to build a 500-acre township at Dankuni in the suburbs of Kolkata, according to the state’s principal secretary Subesh Das. Though in July 2006, the state government had chosen ...
 
 
More transparency in land use in Rajasthan
Promising to bring more transparency in land use in the state, the government on Thursday amended the Section 90-B of Rajasthan Land Revenue Act. Altogether, the urban development ministry has made 11 major changes in the Act, which have come ...
 
 
DLF cuts rates by 20-30% in Chennai, Bangalore
Country’s largest real estate developer DLF has cut its prices in its on- going projects in Chennai and Bangalore by 20-30%, and has extended this benefit also to those customers who had earlier bought homes in these projects. Existi ...
 
 
SBI’s interest subvention scheme to trigger sales in the Realty market
Home loan borrowers in the eastern metropolis may have a reason to smile: the country’s largest lender, the State Bank of India, has introduced an interest subvention scheme that hopes to trigger sales, (and not prices) in the badly-bruised rea ...
 
 
Aditya Birla expands into Real Estate
Aditya Birla Management, the Mumbai based conglomerate best known for its metals and materials businesses, is to set up a real estate and private equity arm for its wealth management units. According to a report by the Asian Investor, chief execut ...
 
 
Realtors likely to divert surplus FDI to Realty Projects
Commerce and industry ministry is likely to waive end-use restrictions and allow realty developers to divert surplus foreign direct investment to real estate projects where it was not allowed so far. According to the norms, FDI is allowed only in pro ...
 
 
Geojit Financial Services launches Property Services Division in Kochi
Geojit Financial Services on Wednesday launched its property services division, which will offer investors and builders a single transparent platform to buy/sell office and commercial spaces and residential apartments/flats. The new division will ...
 
 
Matheran Realty begins commercial space sale
Mumbai, Feb. 16 Mumbai-based Matheran Realty, among the first to move into the low-cost housing segment, has begun sale of 50,000 sq ft of commercial space in its affordable housing project at Karjat, which is 100 km from here. The retail space is ...
 
 
No sops for Realtors in Budget
Revival in the realty sector is likely to be delayed by at least six months as the interim budget did not announce any sops to the housing sector as anticipated by many companies. Sentiments of home buyers have not completely improved yet. The gov ...
 
 
Bailout for Realty Firm
Cash-strapped realty major Emaar MGF may turn out to be the first major beneficiary of a government package in the real estate sector, thanks to its partnership with Delhi Development Authority (DDA) for the 2010 Commonwealth Games village project in ...
 
 
Fairmont Hotels & Resorts extablishes presence in Asia
Global hospitality leader, Fairmont Hotels & Resorts, has further expanded its global footprint by introducing the company\'s collection of distinctive hotels and worldwide reputation for excellence to the Asia Pacific region.The forerunner of major ...
 
 
KGEYES to launch residential project
Chennai-based KGEYES Residency Pvt Ltd is set to launch a residential project in the upmarket Kalakshetra colony, a premium residential area in South Chennai. According to company officials, KGEYES is making a special offer in the 92-apartment pro ...
 
 
Radisson Delhi to invest Rs 800 crore
A B Hotels-promoted The Radisson Delhi is investing around Rs 800 crore over the next four years for opening eight more hotels in the country under the brands of Radisson, Park Plaza and Country Inn. \"We are currently operating two of the Radiss ...
 
 
Mahindra Lifespace To Go Green
Mahindra Lifespace Developers Ltd, the real estate arm of the Mahindra Group, is planning to make all its future residential buildings green. The company would set aside Rs. 400 crores as an investment budget for this purpose. Besides that, it has ea ...
 
 
Akruti To Focus On Affordable Home Projects
Mumbai-based developer, Akruti City, which was mainly into development of hospitality, retail and township projects, has decided to shift its focus to affordable homes. Under the brand name,Just Perfect Homes, the developer will develop homes priced ...
 
 
Unitech’s Rs. 2,500-cr Hotel Plan
Unitech Ltd plans to invest about Rs 2,500 crores to develop 35 hotels across the country over the next seven years. The hotels would come up in the National Capital Region (NCR), Kolkata, Chennai, Goa, Mysore, Bangalore, Hyderabad, Chandigarh, S ...
 
 
Tier II and III Cities Get Developer’s Attention
Vipul Real Estate, one of the reputed real estate companies in India has now started concentrating on the ‘Temple City’ of Bhubaneswar. “The realty buzz has now moved to tier II and III cities with growing aspirations, income levels ...
 
 
DLF’s luxury project in Kerala
DLF Homes is planning to launch a super luxury commercial-cum-residential project on a prime location in Kochi. The design, amenities and facilities will craft a new dimension to the concept of luxury.” Though there is a slowdown, it has not in ...
 
 
Amrapali Ties Up With THG for Udaipur Hotel
Amrapali Group, the real estate developer has recently joined hands with ‘Intercontinental Hotel Group (India) Pvt. Ltd for the new hotel cum resort project Crown Plaza in Udaipur. The JV also marks the entry of Amrapali into the hospitality se ...
 
 
DSK Group launches housing projects in the US
Pune-based DSK Group, has unveiled two high-end mega housing projects worth Rs 1,080 crore in the US. The projects are located in New Jersey, which has a large Indian-origin population. “Despite recession in the US, we received an overwhelming ...
 
 
Rs. 25,000-crore Investments For TN SEZs
The proposed IT parks in special economic zones (SEZs), promoted by the Electronics Corporation of Tamil Nadu (Elcot), across seven southern districts of the state are likely to attract Rs 25,000 crores in investments. The parks are coming up in Sale ...
 
 
DLF Plans 500 Acre Township Project in Kolkata
DLF Ltd has proposed building a 500-acre township at Dankuni in the suburbs of Kolkata, abandoning plans to develop a 4,840-acre township in the same area, which was to be its biggest project in eastern India. In July 2006, the West Bengal government ...
 
 
Indian Developer Plans Mega Home Project
A housing project with 2,000 properties up for grabs is to become the third mega-project to be built by an up-and-coming Indian developer. Indu Projects Limited announced Indu City in Bachupally, Hyderabad, would also be designed and built by America ...
 
 
HDFC Deducts Interest Rates on Home Loan for New Borrowers
Housing Development Finance Corp (HDFC), the largest home loan lender is cutting interest rates on home loans. This comes after it cut rates in mid December by 0.5 per cent. It says it is looking to reduce home loan rates for new borrowers. HDFC S ...
 
 
JMD Steps into Hotel Industry
There is sudden activity in the hospitality and real estate businesses, despite the slowdown in this space. The Rs 140-crore real estate company JMD Group has forayed into the hotel business in India by roping in the US-based hospitality group Hilton ...
 
 
Second Big Financial Package By Government
The government on Friday announced an insipid package to revive the economy which, most experts feel, will do little to reverse slowing growth or lift the gloomy spirits of businessmen. The package of measures includes cuts in interest rates, a Rs 2 ...
 
 
Foreign companies are ready to invest in real estate sector
Although there is a recession in real estate market of India, many foreign companies are planning to invest in real estate market in India. Millenium Spyer a company of Millenium Group of Britain will invest Rs. 1500 crore in India. Morgun Stanley wi ...
 
 
Houses will become affordable in new year
The dream of making and buying a house can be fulfilled in new year, as construction and buying will be cheaper in this year. this would be possible because of 25% downfall in the prices of realty . Specialitists have the opinion that this year will ...
 
 
Goldman Sachs Buys A Rs 30 Crore Stake In Indiabulls Real Estate
Foreign fund Goldman Sachs Investments Mauritius (India) has bought shares worth Rs 30.84 crore in Indiabulls Real Estate through open market transactions. As per the information on bulk deals available on the National Stock Exchange, Goldman Sachs I ...
 
 
Crossings Infra Announces Two New Projects
Crossings Infrastructure - a special purpose vehicle promoted by Ajnara Farms & Services, Assotech, Gaursons India, Mahagun Developers, Panchsheel Promoters, Paramount Residency and Supertech has announced the launch of two commercial projects, Cro ...
 
 
Sahara - Gleeds Tie-up for Townships
Sahara Prime City Ltd, real estate arm of Sahara Group, has roped in UK based management and construction consultants, Gleeds, for its 217 Sahara City Homes coming up across the country. Sahara City Homes is a flagship real estate project of Sahar ...
 
 
Pass entry system in JDA
Their will be a new system of entry through pass in JDA which will be applied from 24th December,2008. the officers will also have to keep their identity card during working hours. This new system is applied due to security factors. Two counters wil ...
 
 
HDFC cuts floating home loan rates
In what marks the beginning of a softer interest rate regime for home loan borrowers, the country’s largest mortgage player, Housing Development Finance Corporation, has cut the floating home loan rates by 0.5 percentage points. While the rate r ...
 
 
Banks reduce the home loan interest rates
Government banks have reduced their interest rates on home loans, by which the monthly instalments become cheaper. The new rates are attractive, now the home loan of Rs. 5 lakh can be taken at 8.5 percent and the loan of Rs. 20 lakh can be taken on 9 ...
 
 
DDA results for 2008 declared
The Delhi Development Authority on Tuesday allotted over 5,000 flats through a draw of lots from a total of 5.67 lakh applicants, amid protests by some who demanded transparency in the process. The DDA Result & draw of lots for 5,238 flats under ...
 
 
Parsvnath, Phoenix To Build 5-Star Hotels
New Delhi-based Parsvnath Developers Ltd and Dubai-based Phoenix Group Global will develop one five-star hotel each in Ahmedabad. Parsvnath Hotels Limited, a subsidiary of PDL, will construct its hotel in the city\'s Vejalpur area, while Phoenix, i ...
 
 
Bail out package for Real Estate
At Last Government has prepared a bail out package for helping the real estate companies from the economic crisis. In this, provisions are made for providing low rate loans, liberty in the rules of taking loans from forgein countries and taking more ...
 
 
Shree Ram Group Will made Houses for Low And Middle Income Group
Shree Ram Group of Chennai is going to step in the market of low cost housing. In the time of economic recession many developers are searching oportunities in this market. Director of the company Mr. M. Murli told that the company will made 4000 apa ...
 
 
Affordable housing of ARG Group
ARG Group is getting good response for their project of constructing independent bunglows based on green Concept.After the first phase, second phase is being planned. President of group Mr. Atma Ram Gupta told independent bunglows are being made whic ...
 
 
Launching of New Project of Mangalam Group
Mangalam Group is going to start their new project named Apex Tower. Its Bhoomi Poojan will be done on 13th Dec. Director Of the Group Mr. N.K. Gupta has told that this project will be made in 1600 Sq. Yds. 55 thousand Sq. ft. land will be constructe ...
 
 
Real Estate Companies Agreed to Lower Down the Prices
National Real Estate Development Council, the National organisation of real estate companies has directed its members to reduce the prices of their housing projects up to 15%. Mr. Rohtas Goyal President of the organisation has informed that its membe ...
 
 
Rukmani Estate Launched New Township Rukmani Nagar
Rukmani Estate Launched a new project named Rukmani Nagar Ext. on Sunday 17th nov 2008 at Dana Pani restaurant Shyam Nagar. The Promoter of the project is Mr. Ram Chandra Garg. This township is located at Diggi-Malpura road, it is near Rohini Nagar I ...
 
 
Piyush Launching An IT Unit
Piyush Group, coming up fast in real estate development, construction and financial services, will soon launch its commercial IT unit named \'Global i\' in Faridabad. The net worth of this ambitious project, spread over three lakh sq. ft. area, is Rs ...
 
 
Trikonas Focus on Affordable housing
Trikona capital, US-based real estate investment fund, plans to invest close to $10 billion over 10 years in various realty projects in India by joining hands with smaller players, the focus being on housing for the low and mid-income segment. It has ...
 
 
Vakil Targets Low Cost Homes
Vakil Housing Development Corporation plans to launch two low-cost housing projects on the outskirts of Bangalore. The company, according to Mohammad Ali Vakil, Director, decided tp foray into mass housing projects as the space is untapped. \\\"Almo ...
 
 
Plaza Centre s Rs. 15000 - crore Scheme
Plaza Centre, which has a significant presence in East Europe, will, along with local partners, invest Rs. 15000 crores on 10 real estate projects across six cities in India. It has signed a joint venture agreement with the parent company, Elbit Imag ...
 
 
AHCPL launched Rs 1000-crore Home Project
Aryavrat Housing Construction Private Ltd (AHCPL), a wholly-owned realty arm of Som Group, has launched its luxurious residential project worth rs 1000 crores near Bhojpur Road in Bhopal. Christened as British Park, the housing complex is spread acro ...
 
 
DLFConstructing First Solar Power Housing Project
Real Estate developer DLF and the West Bengal Green Energy Development Corporation (WBGEDC)have signed an agreement to develop Indias first solar power housing complex at Rajarhat, Kolkata. A 200-acre plot has been acquired by DLF for the project and ...
 
 
Amrapali Setting Up An Empire
Amrapali Group has launched a new word class residential complex, named Amrapali Empire, on a five-acre plot on NH 24 in Ghaziabad.Good connectivity with Delhi and Noida, proximity to schools, hospital, markets and ABES Engineering College, as well a ...
 
 
Skyline to Build Villas Near Chennai
Skyline Group, Bangalore-based real estate developer, plan to launch a high-end villa project near Chrnnai by the year end at an investment of Rs. 45 crores. According to Avinash Prabhu, MD, Skyline Group, the money would be spent on constructing 45 ...
 
 
Big Apple will invest 1000 crores
Big Aple real estate the joint enterpreneurship company of upal group and Phoenix mills has announced its five new projects with an investment of Rs. 1000 crores in four cities of Uttar Pradesh. Director of company Mr. Priyank Tayal informed that the ...
 
 
Aliens Group to build the tallest residential complex in Hyderabad
For the first time, Hyderabad Urban Development Authority has given approval to construct a 30-storey project by Aliens Group in Hyderabad. This approval is considered a landmark achievement in the history of Hyderabad real estate as it going to be t ...
 
 
Kalpataru launches E3 homes in Mumbai
Kalpaparu Group launched E3 homes, a premium housing project in Kandivali(East),Mumbai. The project holds the leverage of the being the tallest buildings in the vicnity, which gives the residents a whole view of the Sanjay Gandhi National Park. The p ...
 
 
ASK Investment to enter realty
A year after it parted ways with Florida-based Raymond James,ASK Investment Holdings is getting ready to enter the real estate investment advisory and private equity businesses. This marks its transition to a full-service wealth management firm that ...
 
 
Crossings Infrastructure Ltd. will make Invest Rs. 700 crores
Real Estate Company Crossings Infrastructure has planned for an investment of Rs.700 crores in two new real estate projects which will include shopping malls, food court and multiplex.According to the director of the company Mr. Sanjeev Shrivastava b ...
 
 
QVC Realty announces launch of its first project - QVC Hills
QVC Realty, India\'s first venture capital funded real estate firm, announced the launch of its first project, QVC Hills, an exclusive residential community located in close proximity to the Bangalore International Airport in North Bangalore. Boastin ...
 
 
ArcelorMittal and others Keen to Invest in Kolkata
Leading investors from sectors like steel, telecom and banking have evinced interest in setting up offices in the upcoming IT hub of West Bengal, Rajarhat. Speaking at a inaugural ceremony of the 36th World Congress on Housing Science, in Kolkata on ...
 
 
DLF New Residential Project Kompally-Dhulapally Hyderabad
DLF now brings quality living and modern lifestyle as DLF Home, a residential project Kompally Extension in Dhulapally Hyderabad. DLF offer villas, 3 and 4 bedroom apartments in Kompally Extension (Dhulapally), Hyderabad. DLF Homes a vertical of ...
 
 
Hyderabad Based Real Estate Company Bags Green Platinum Pre-Certification
Aliens Group, leading Real Estate Company in Hyderabad, just added another feather to its cap. It has become the only Real Estate Company in Andhra Pradesh to be pre-certified with a Platinum Rating by Indian Green Building Council (IGBC) in the Resi ...
 
 
AIG Global Real Estate to Invest in Chennai
An affiliate of AIG Global Real Estate has announced an investment in Velankani Tech Park, a part of the Bangalore-based Velankani Group. Velankani is developing a notified Special Economic Zone (SEZ) in Sriperumbudur, located approximately 50km from ...
 
 
ARG group launched their new residential township project
ARG group launched their new project named ARG Puram on the green concept. It is a residential township having basic amenities as well as features like community hall, playground, gym, shopping mall etc. It has some features like having earthquake re ...
 
 
Parsavnath’s Projects in Haryana & UP
Pasvanath Developers Ltd will build two housing projects and a mall in Moradabad in UP. It has also launched a shopping complex in Sonepat, Haryana. Construction of Parsavnath residency has already started to be over by 2010-end. On offer do 34 resi ...
 
 
Shah Rukh launches $2.2-bn real estate project in UAEDUBAI
Bollywood superstar Shah Rukh Khan has announced the launch of his signature real estate development, Shah Rukh Khan Boulevard, to be located in the emirate of Ras Al Khaimah in the United Arab Emirates (UAE). The 8-billion dirham ($2.2-billion) d ...
 
 
NAR Urges Passage of 4-Point Housing Stimulus Plan and Return of Congress
RISMEDIA, Oct. 17, 2008-The National Association of Realtors® will offer a four-point legislative plan to reinvigorate the housing market, calling on Congress to act during a lame-duck session. NAR believes the plan will give a boost to the economy a ...
 
 
The Best Returns Opportunity For Investment Of The Long Saved Funds
Real estate in India is a bubble that seems to be blown in to maximum each time we hear of a price rise in the Indian realty sector. But then the myth is broken and a fact is established stating there\\\\\\\'s room for more. The real estate news show ...
 
 
Real Estate Prices set to Grow
Real estate developer Ansal Housing and Constructions Ltd., on Friday said that real estate prices in the metropolitan cities will grow between 10-15 per cent while 20-25 per cent in small cities of the country during next 1-2 years. Ansal Housing ...
 
 
Latest High-rise Plan of Bombay Dyeing
Bombay Dyeing, the Rs. 1000 crores textiles-to-real estate major, will develop eight lakh sq. ft of property on its surplus land in Mumbai. The company plans to build a high rise structure for commercial and residential use. Work will commence in two ...
 
 
Mumbai’s Largest Mall Taking Shape
DB realty of Mumbai is setting up the largest mall called Orchid Zone, at an investment of Rs 700 crores raised through debt and equity. Designed by Hafeez Contractor, it is spread over 2.5 million sq. ft. of built-up area located on a 14- acres plot ...
 
 
H C wants a report on Prithviraj Nagar issue
The Rajasthan high court on Wednesday directed the Jaipur Development Authority (JDA) to submit a report about the actions taken against its enforcement officers (EOs) responsible for letting unauthorized residentials come up in the Prithviraj Nagar ...
 
 
JMD Group to develop townships in Punjab
Real estate developer, JMD Group, will be developing two township projects in Punjab and Haryana with an estimated investment of Rs 750 crore. The Group, which had floated a company JTPL Townships Private Limited for its real estate business, would ...
 
 
The sudden boom in Real Estate Markets in india
The sudden boom in Real Estate India Markets has created a stir worldwide with investors from across the globe keen on exploring new avenues in Real Estate in India. Plenty of Real estate developments to offer as investment opportunities, India has b ...
 
 
Merrill raises $2.65-bn to invest in Asian real estate
MUMBAI: Financial services firm, Merrill Lynch has raised USD 2.65 billion (around Rs 11,925 crore) for its Asian Real Estate Opportunity Fund in committed capital from investors in North America, Europe, the middle East and Asia. Merrill would in ...
 
 
Palm Group Launched a Residential township near Jaipur
A new residential township named Palm City has been launched by Palm Group on sunday 12th oct. its marketing has been done by 91realestate.com. According to its marketing head half of its plots have already been booked. All the developmental work wou ...
 
 
Number of millionaires rising in India
India is becoming the country of millionaires. The country has witnessed high growth in the number of high net worth individuals (HNI). The number of millionaires in India is expected to rise, despite global financial crisis. India has seen 9 percent ...
 
 
Real estate insiders see market upheaval into 2010
The majority of real estate execs -- 60 percent -- say the current credit crisis is the event with the single-greatest impact on the commercial real estate industry during the past 20 years, according to a national survey conducted by law firm DLA Pi ...
 
 
INDIAN REALTY WAKES UP TO THE US MELTDOWN
The recent financial debacle in the US has sent shock waves across the globe and is also projected to impact the Indian real estate sector directly or indirectly, sooner or later. Adequate and timely funding would be a major concern for developers. A ...
 
 
Mahindra Lifespaces to join affordable housing bandwagon
Mahindra Group’s real estate arm Mahindra Lifespaces is planning to construct affordable housing for the middle-income group. “We are looking at opportunities to enter into the affordable housing sector, but it is still at the discussion stage. It ma ...
 
 
Design Arch to invest in ‘green’ residential project
Real Estate developer Design Arch said that it will develop a residential project with application of green technology in Greater Noida. The company plans to develop 10 such e-house projects in the metros by 2010-11. “We have just announced our first ...
 
 
Real estate demand to cross 1,000 million sq. ft by 2012
Real estate demand in various segments in the country would cross the 1,000-million sq ft mark by 2012, a real estate investment report said. “Indian demand for real estate across office, retail, residential and hospitality sectors is expected to cr ...
 
 
The indian property show 2008
Having witnessed phenomenal success in several international and national property Exhibitions, we have strived to furthur our initiatives into more innovative products and services. But what has encouraged us most is the universal appreciation and p ...
 
 
Panoramic on expansion spree
Panoramic Universal has said it will invest Rs 130 crore, to acquire and renovate two hotels and set up a new three-star hotel in Jaipur. “We are close to acquiring two hotels in Secunderabad and Ahmedabad. The cost of acquisition will be Rs 16 crore ...
 
 
Real estate developers confident of fund flow
Real estate developers are carrying on with their projects, unfazed by the global financial turmoil that is expected to hit the Indian real estate sector. They remain confident about flow of funds, despite the prevalent crunch. “Funding (for our ...
 
 
Major commercial deals suffer steep decline around Nashville
Nashville\'s brokers say it\'s not impossible to get commercial real estate deals done -- but the money\'s not flowing like it used to. The number of larger commercial real estate deals in Nashville dropped by more than half last month, with the va ...
 
 
Smaller Cities To Fuel Real Estate Growth Says New Report
New Delhi, India, September 20, 2007 - As many as 11 tier II cities in the country are all set to transform the realty landscape of India, says a FICCI-Ernst & Young report on the Indian real estate sector. The FICCI-Ernst and Young Indian Real Estat ...
 
 
Ashiana To Build Rs 1 Billion Retirement Resort In Jaipur
Ashiana To Build Rs 1 Billion Retirement Resort In Jaipur ...
 
 
SEZ Policy Plays A Very Crucial Role In The Inclusive Growth Of Nationals
Jaipur, India, December 14, 2007 - Describing the success of the SEZs in India, Mr Anil Mukim, Joint Secretary, Ministry of Commerce and Industry, Govt of India said that the response from Indian SEZs has been tremendous. The Government has already f ...
 
 
Jerusalem, Israel, December 16, 2007 - Mondon Investments,
the Indian real estate development subsidiary of Israeli firm Fishman Holdings recently purchased a 600-acre lot in Jaipur, India for $108 million. Fishman Holdings' real estate subsidiary Mondon Investments has an option to buy more land at the sam ...
 
 
Fishman To Invest $2B In A 4 Million Square Meter Township Project In Jaipur, India
Jerusalem, Israel, December 16, 2007 - Mondon Investments, the Indian real estate development subsidiary of Israeli firm Fishman Holdings recently purchased a 600-acre lot in Jaipur, India for $108 million. Fishman Holdings\\\' real estate subsidiar ...
 
 
Pantaloon Retail Launches Big Bazaar In Ranchi
Ranchi, India, April 05, 2008 - Pantaloon Retail (India) Limited, part of the Future Group, today announced the launch of its flagship hypermarket retail store – Big Bazaar – in Ranchi city. This is the second Big Bazaar in Jharkhand region and t ...
 
 
Trikona TC Extends Its Partnership With German Fund Manager
London, UK, April 01, 2008 - Trikona Trinity Capital PLC (AIM: TRC), a fund created for investing in Indian real estate and infrastructure, and managed by Trikona Capital, extends its strategic partnership with SachsenFonds Holdings GmbH ("SF"), a le ...
 
 
The Project Includes Development Of Captive Coal Mines
The project includes development of captive coal mines containing proven reserves of 349 million tonnes in District ...
 
 
Amitabh Kant appointed chief executive of DMIC
NEW DELHI: The Centre has appointed Amitabh Kant, known for pioneering the \'Incredible India\' campaign, as chief executive of the corporation that would manage the industrial-cum-infrastructure project - Delhi Mumbai Industrial Corridor (DMIC). ...
 
 
Developers Target the Bottom Segment to Generate Liquidity
Unitech, Omaxe, Raheja, Tata Housing and Ansal API are planning new projects in the suburbs of satellite towns or smaller cities to target the bottom segment, to generate more cash. New Delhi-based Unitech and the Raheja group are planning to build s ...
 
 
DLF cuts rates by 20-30% in Chennai, Bangalore
Country’s largest real estate developer DLF has cut its prices in its on-\\r\\n\\r\\ngoing projects in Chennai and Bangalore by 20-30%, and \\r\\nhas extended this benefit \\r\\nalso to those customers who had earlier bought homes in these proj ...
 
 
Mahindra Lifespace To GO GREEN
Mahindra Lifespace Developers Ltd, the real estate arm of the Mahindra Group, is planning to make all its future residential buildings green. The company would set aside Rs. 400 crores as an investment budget for this purpose. Besides that, it has ea ...
 
 
DSK Group launches housing projects in the US
Pune-based DSK Group, has unveiled two high-end mega housing projects worth Rs 1,080 crore in the US. The projects are located in New Jersey, which has a large Indian-origin population. “Despite recession in the US, we received an overwhelming ...
 
 
Radha Realty Plans Super Luxury Homes
The Hyderabad-based Radha Realty has rolled out an ultra luxury gated community project christened U31. The realty major plans to invest Rs 275 crores to build the project at Kondapur, Hyderabad. The price of the homes, each with a builtup area of ...
 
 
Pass entry system in JDA
Their will be a new system of entry through pass in JDA which will be applied from 24th December,2008. the officers will also have to keep their identity card during working hours. This new system is applied due to security factors.\\r\\nTwo counters ...
 
 
Launching of New Project of Mangalam Group
Mangalam Group is going to start their new project named Apex Tower. Its Bhoomi Poojan will be done on 13th Dec. Director Of the Group Mr. N.K. Gupta has told that this project will be made in 1600 Sq. Yds. 55 thousand Sq. ft. land will be constructe ...
 
 
Marvel Realtors Unveils 2 Projects
With funding from Och Ziff Capital Management Group, Pune- Based Marvel Realtors is launching three project catering to residential and commercial segments. Vishwajeet jhavar, CEO, Marvel Realtors, said: \"The first project, Marvel Zephyr, is a Rs. ...
 
 
Vakil Targets Low Cost Homes
Vakil Housing Development Corporation plans to launch two low-cost housing projects on the outskirts of Bangalore. The company, according to Mohammad Ali Vakil, Director, decided tp foray into mass housing projects as the space is untapped. \\\\\\\" ...
 
 
Plaza Centre\' s Rs. 15000 - crore Scheme
Plaza Centre, which has a significant presence in East Europe, will, along with local partners, invest Rs. 15000 crores on 10 real estate projects across six cities in India. It has signed a joint venture agreement with the parent company, Elbit Imag ...
 
 
AHCPL\'S Rs 1000-crore Home Project
Aryavrat Housing Construction Private Ltd (AHCPL), a wholly-owned realty arm of Som Group, has launched its luxurious residential project worth rs 1000 crores near Bhojpur Road in Bhopal. Christened as British Park, the housing complex is spread acro ...
 
 
Hyderabad Based Real Estate Company Bags Green Platinum Pre-Certification
Aliens Group, leading Real Estate Company in Hyderabad, just added another feather to its cap. It has become the only Real Estate Company in Andhra Pradesh to be pre-certified with a Platinum Rating by Indian Green Building Council (IGBC) in the Resi ...
 
 
CHD Dev to build townships for senior citizens
CHD Developers Ltd., one of India’s leading real estate developer, has announced its plans to build four exclusive townships across north India named Active Senior Lifestyle Township, comprising homes and villas targeted towards senior citizens, with ...
 
 
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