estate: DELHI, HARYANA, BENGAL PLAN TO INSURE LAND TITLE - 04/28/08 06:23 AM
Delhi, Haryana, West Bengal, AP and Orissa are planning to insure land titles in their respective states. Land title insurance is an indemnity insurance against financial loss from defects in title to real property and from the invalidity or unenforceability of mortgage liens. It is meant to protect an owner's or … (0 comments)
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estate: RLYS TO SEEK BIDS FOR DEVELOPING VACANT LAND - 04/26/08 08:13 AM
Indian Railways plans to invite bids from real estate developers to set up commercial complexes on its vacant land, as part of efforts to increase revenue. In a written reply to Parliament, minister of state for railways R Velu also said private investment would be sought to modernise 26 major stations. … (0 comments)
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estate: THE LAND BANK AGAIN, AND THE BENEFICIARY'S SHREE PRECOATED - 04/26/08 01:57 AM
The counter of Shree Precoated is witnessing sustained investment-based buying by investors. The buzz is that the company is going to register good numbers. Analysts say the company is expected to report a PAT of about Rs 240-250 crore on revenue of Rs 2,000 crore for FY2007-08. The company is looking … (0 comments)
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estate: Tidco, DLF Ink MoU for ITS Zone - 04/25/08 12:33 AM
Chennai the Tamil Nadu Indusstrial Development Corporation (Tidco)and New Delhi-based real estate developer DLF Building India signed a memorandum of understanding (Mou) in Chennai on Wednesday to develop an IT SEZ at suburban Taramani at a cost of Rs1,500 crore. According to a state government release on Wednesday, the new SEZ … (0 comments)
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estate: MLD TO INVEST $4.5 B IN RESIDENTIAL PROJECTS - 04/23/08 05:12 AM
Mahindra Lifespace Developers (MLD), the real estate arm of $4.5-billion Mahindra Group, would invest close to Rs 800 crore in its six upcoming residential projects in Mumbai, Pune, Chennai, Delhi and NCR over the next 2-3 years, reports Pramugdha Mamgain from New Delhi. With the launch of its residential project in … (1 comments)
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estate: L&T GETS LAND FOR RS 3500 CR MUMBAI PROJECT - 04/22/08 06:21 AM
The property division of engineering and construction company Larsen & Toubro was on monday given possession of the land for commercial complex of seawoods Darave railway Station at Navi Mumbai the venture with the ity and industrial development corporation of maharshtra cideco, o ver 40 acres is estimated at the 3500 … (0 comments)
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estate: LEGAL OPINION SAFEGUARDS FROM DISPUTES - 04/21/08 05:35 AM
ISSUES THAT A LEGAL OPINION COVERS IN PROPERTY TRANSACTIONS
Getting a legal opinion is important during acquisition of any property. This is an integral part of the property acquisition process. The purchase of property is a complicated process. This is compounded by the fact that each State has its own systems … (1 comments)
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estate: PROPERTY DOCUMENTS YOU NEED TO CHECK - 04/19/08 05:41 AM
Documentation is an essential and complicated part of a property acquisition process. Different states have different requirements. There are many laws that govern the process. However, you should have a checklist of documents to be verified before deciding on purchasing a house. These documents should be scrutinised before giving any advance … (1 comments)
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estate: CITI REALTY ARM TO BUY 10% STAKE IN GOLDEN GATE FOR RS 400 CRORE - 04/18/08 02:52 AM
Citigroup's real estate arm is set to invest around Rs 400 crore ($100 million) in Bangalore-headquartered Golden Gate Properties for about 10% stake, sources said. The deal is expected to value the tier-II real estate firm at a little over $1 billion. This marks Citigroup's back-to-back deals in the domestic real … (0 comments)
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estate: GROWTH OF INDUSTRIAL RENT HIGHEST IN MUMBAI - 04/16/08 07:32 AM
Mumbai has witnessed the world's highest (94.4%) increase in rentals of industrial space in 2007 from Rs 18 per sq ft per month to Rs 35 per sq ft per month ($10.88 per sq ft per annum). With this, the financial capital of the country leaped 11 positions to be 26th … (0 comments)
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estate: LODHA LAUNCHES LUXURY RESIDENCES - 04/16/08 12:38 AM
While there is talk of a demand crunch hitting the real estate industry developers still see prospects ahead, men for luxury Projects. Mumbai-based developer Lodha Group has launched luxury residences branded Lodha Marina at Mumbai's harbour zone of Sewri. With close proximity to Worli, Prabhadovi and Lower Parel, easy connectivity to … (0 comments)
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estate: UNITY BAGS TWO ORDERS WORTH RS.221 - 04/15/08 07:16 AM
Unity Infra-projects Limited has bugged Live orders worth Rs 221.85 Crore to build a mall-hotel-multiplex project at Pune for Vamona Developers Pvt. Ltd. at an estimated value of Rs 133.89 crure. In Hyderabad, Unity is building five towers with a basement and a podium at Kondapur for Kondapur Tower Pvt Ltd. … (0 comments)
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estate: HIRCO\'S CHENNAI PROJECT REPORTS ROBUST REVENUES - 04/15/08 03:59 AM
Hirco PLC, the investment vehicle of Mumbai-based Hiranandani Developers, has announced that sales of residential units in Phase 1 of its Hiranandoni Palace Gardens township development in Chennai continue to be robust both in terms of volume of units sold and the level of pricing achieved. As of March 31, sales … (0 comments)
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estate: OMAXE INCREASES AD BUDGET TO RS 100 CRORE - 04/15/08 12:45 AM
Relieving its budget allocation for the financial year 2008-UH Delhi-based realty player Omaxe Ltd. has outlined its new budget amount for the New Year. The developer plans to push up its ad spend to Rs 100 crore from Rs 80 crore. Hath print and electronic media will be covered by the … (0 comments)
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estate: CLERIDGS HOTELS - 04/14/08 06:15 AM
Cleridges will construct 1500 New Rooms at a cost of Rs.200 crore Group CONDERING TO OPEN HOTELS AT SEVEN PLACES with the entry into foreign markets and planning to expand in few cities of the country, cleridges Hotel Pvt. Ltd. will ad 1500 new rooms in its Hotel by investing Rs … (1 comments)
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estate: SKY-HIGH PROPERTY PRICES - 04/14/08 01:13 AM
PROPERTY PRICES have shot through the roof on MG Road.
For two small shops of 6000 square feet each, shopkeepers now pay something between Rs 1.5 and Rs 2 lakh per month. According to the tenants, there has been an increase of 10-15 percent in the property rates here once the Metro … (0 comments)
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estate: LEHMAN BUYS 40% IN IT PARK - 04/12/08 12:39 AM
Global investor Lehman Brother has picked up a 40 per cent stake in the upcoming IT Park project of property developer Peninsula Land (PLL) in Hyderabad. Lehman is expected to hold the remaining 50 crore into the project. PLL is expected to hold the remaining 60 per cent.
The initial cost … (0 comments)
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estate: CITI ARM PLANS $160M BPTP INVESTMENT - 04/11/08 02:49 AM
Hong Kong-based Citi Property Investment, the real estate investment arm of Citibank, is investing $160 million (Rs 650 crore) in Delhi based realty major BPTP to develop four special economic zones in Noida, Greater Noida, Faridabad and Gurgaon, BPTP sources said.
According to sources, a special purpose vehicle has been formed … (0 comments)
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estate: SYSTEMA TO INVEST UP TO $200 M IN REALITY SECTOR - 04/10/08 05:51 AM
MOSCOW: Eyeing huge potential in India's construction and reality market ahead of the 2010 Commonwealth Games, Russian Conglomerate Systema on Tuesday announced plans to develop hotel offices and residential complexes in major cities with an initial investment of $10-200 million. The Russian giant has partnered with Syam Group, which has dievested … (0 comments)
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estate: EMAAR WILL ESTABLISH FOUR HOTELS AT A COST OF 40 CRORE DOLLARS - 04/10/08 05:48 AM
Dubai Based company EMAAR properties shall establish, in association with Mario International inc., four hotels by investing more than 40 crore dollars.The company informed that these hotels shall be established in New Delhi, Amritsar , Hyderabad and Kolkata . The construction of these hotels is expected to complete by 2010. In … (1 comments)
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estate: TIVOLI GROUP LAUNCHED HOLIDAY VILLAGE, SPREAD IN 8 ACRE - 04/10/08 02:25 AM
Tivoli Group has Launched Holiday village at Dharuhera near Gurgaon.This project is spread over in an area of 8 acre, and it will consist night club and a mini golf course along will modern amenities. It will provide 536 residential units which will comprise villas, studio apartment and penthouses; their price … (0 comments)
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estate: LAND IN GREATER NOIDA JUST GOT COSTLIER, BY 50-60 P.C. - 04/09/08 05:43 AM
For many people the dream of owning property in Greater Noida might end up being just a dream. Land rates in Greater Noida, declared one of the cleanest and greenest urban areas in the country, have been hiked by 50 to 60 per cent.
Greater Noida and Taj Expressway Authority Chairman … (1 comments)
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estate: APARTMENT COMPLEXES ARE MUSHROOMING IN KOLKATA - 04/07/08 08:15 AM
The tastes and preferences of a Kolkatan are changing fast. Ten years ago, an apartment in the city was something that they would die for. Today; a discerning customer is looking for what he will get other than the space trapped between four walls.
Customers now prefer 'self-sufficient' housing complexes rather … (0 comments)
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estate: UNION BANK LAUNCHES REVERSE MORTGAGE PLAN - 04/07/08 01:44 AM
Pune: Union Bank of India on Friday launched its reverse mortgage scheme for senior citizens. The scheme will enable senior citizens to obtain a monthly payment by mortgaging their residential property. Under the title "Union Reverse Mortgage Scheme", the bank will offer benefits to people aged above 60 years. The loan … (1 comments)
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estate: PARSVNATH INAUGURATES LUXUARY TOWNSHIP PRIDE ASIA - 04/05/08 12:45 AM
Delhi's real estate firms Parsvnath Developers Ltd. (PDL) have announced inauguration of their 123 acre luxury township Pride Asia in Changiarh. This project is being developed by PDL in association with Chandigarh Housing Board.
Company has claimed that after a period of three years, the actual cost of this project will become … (0 comments)
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estate: YATRA CAPITAL INVESTS IN TWO PROJECTS IN BANGLORE - 04/04/08 05:49 AM
ANNOUNCING ITS 10th and 11th investment in Indian real estate sector, European fund Yatra Capital has invested 28 million euros in two new joint venture projects in Banglore.
The venture fund has million euros in palladium Constructions Pvt. Ltd, for a 30 per cent stake in a mixed- use development and 10.15 … (0 comments)
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estate: FIRST- HAND PROPERTY ON EASIER TERMS - 04/04/08 02:32 AM
Buying a newly built home? You could consider purchasing property up to for re- sale in the secondary market. You could get early possession and even a cheaper deal than offered by developers in new project.
The trend will continue for the next 12 to 24 months until the inventory of unsold … (0 comments)
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estate: PARSVNATH TO INVEST RS 40 CRORE FOR MALLS - 04/03/08 07:43 AM
Parsvnath Developers, a real estate company which is setting up a special economic zone (SEZ), has launched the construction of a mall-cum-multiplex in the city's fashionable Rajpur Road. The company will invest Rs 40 crore for developing of the complex, said the company's officials. Parsvnath Eleganza is the first such mall-cum-multiplex … (0 comments)
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estate: HUL May Partner a Developer - 04/02/08 05:59 AM
Sources said HUL could look at partnering with a developer. The company is understood to have held talks with international developers such as Ascendas and Tishmen Speyer, which is in India through a JV with ICICI. Ascendas has developed a few IT parks in this part of the world.
This is not … (1 comments)
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estate: GET SET FOR ‘CELEBRITY’ REAL ESTATE - 04/02/08 12:44 AM
Would you like to have an office in Boris Becker Tower or rent Space in a business park named after Formula 1 world champion Micheal Schumacher? Or is another racer, Niki Lauda's Twin Tower more up your avenue?
What about matching your office address with your residential one by living in an … (1 comments)
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estate: Land craft in Ghaziabad & Land Records Management System. - 04/01/08 12:22 AM
Land Developers are going to construct township in Ghaziabad named "Golf Link". This announcement was made recently on the occasion of Land craft open Golf tournament in Army golf club. During this tournament, Lt. General M.L. Naidu, Dy chief of Army and Land craft Director Manu Gupta gave a green signal … (0 comments)
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estate: Unitech in Gurgaon.& School in Township - 03/31/08 04:03 AM
Unitech Builders have presented a residential project "Lake lands" at NH-8 Gurgaon. Spread over 272 acres amidst beautiful landscape, 246 luxury villas shall be constructed in this project. To provide more options, these 5800 to 6800 sq.ft. Built-up area villas shall be constructed in five designs. In addition to water feature, … (0 comments)
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estate: Landmark in Dharuhera . - 03/29/08 06:47 AM
Real estate company landmark group has launched in Dhruhera two residential projects "Golden Villas" and "Golden Height". The projects, costing about Rs. 450 crores, shall be constructed on a parcel of about 85 acre land while Golden Villas will consist 200 villas of 500 to 100 sq. yds., 600 flats of … (0 comments)
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estate: Ansal in Kyrakshetra - 03/29/08 06:44 AM
Ansal API has launched "Sushant City - Kurukshetra " at NH-1. Restaurant, malls, swimming pool, shopping centre, school, hospital, jogging track, park and club etc shall be constructed in this
200 acre township.
… (0 comments)
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estate: TIVOLI HOLIDAY VILLAGE NEAR DHARUHERA - 03/29/08 12:33 AM
Tivoli Group has launched a residential Holiday village with fully furnished designer holiday homes just 20 minutes from Gurgaon in Dharuhera. Tivoli holiday village is a preeminent holiday destination closest to the national capital region. It offers a hospitality setting for exploring a holiday experience.
The facilities have been developed by using … (0 comments)
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estate: GROWTH INDICATORS IN FARIDABAD - 03/28/08 02:22 AM
The Transport Plan 2021 for NCR has the following proposals involving Faridabad-Bhallabgarh
Proposal to develop the NH2 from Delhi to Ballabgarh to expressway standards
Proposal to connect peripheral expressways, of which the Kundli-ManesarPalwal (KMP) western peripheral expressway and the Kundli-Ghaziabad-Palwal (KGP) eastern expressway are located closest to Faridabad-Ballabgarh
The Metro Rail to be ex … (0 comments)
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estate: REAL DESTINATION - FARIDABAD- HIGH ON REALTY - 03/27/08 03:29 AM
WITH COMMERCIAL AND RENTAL SPACES ON THE VERGE OF SATURATION AND LAND PRICES INCREASING PHENOMENALLY IN GURGAON AND OTHER AREAS IN THE NCR, FARIDABAD IS GOING TO BE THE NEXT 'HAPPENING' DESTINATION
Once again Faridabad is in the news. Grandiose plans for infrastructure development in the area are sure to put the … (2 comments)
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estate: COMMERCIAL SPACE MORE GAINFUL - 03/26/08 07:13 AM
INVESTMENT IN COMMERCIAL SPACE WILL FETCH YOU BETTER RETURNS THAN THOSE MADE IN RESIDENTIAL REAL ESTATE DUE TO THE SEALING DRIVE INITIATED IN DELHI. SARTHAK REPORTS
The widespread sealing drive and also the uncertainty attached to this whole unsavory issue in the recent times have a flipside too. It has changed the … (0 comments)
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estate: FLOORS PRICE OF RS 675 CR FOR RLYS SARAI ROHILLA LAND - 03/26/08 05:34 AM
The Railways much-awaited commercial development plan for surplus land is set to begin in the second week of April. Delhi's Sarai Rohilla, one of the 10 sites selected for commercial development in the first phase on public private partnership basis, will go under hammer on April 11. Eight bidders are in … (0 comments)
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estate: FLOORS PRICE OF RS 675 CR FOR RLYS SARAI ROHILLA LAND - 03/26/08 01:16 AM
The Railways much-awaited commercial development plan for surplus land is set to begin in the second week of April. Delhi's Sarai Rohilla, one of the 10 sites selected for commercial development in the first phase on public private partnership basis, will go under hammer on April 11. Eight bidders are in … (0 comments)
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estate: GURGAON-MANESAR NEW MASTER PLAN - 03/25/08 03:53 AM
Gurgaon-Manesar Urban complex Plan 2021 will offer another 33,726 hectare of land for development. This will make it a new growth centre for the NCR. Harinder Singh of Realistic Realtor said that the new master plan will make 14,930 hectare of land available for residential and 1,404 hectare of land for … (0 comments)
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estate: GURGAON/MANESAR REAL ESTATE INDIA - 03/25/08 02:45 AM
Gurgaon has witnessed an unprecedented growth in the last 10 years following the IT and ITES revolution in the country. It has emerged as India's outsourcing capital. It has become such a popular destination for the commercial real estate that the rentals here have gone up almost three fold in the … (0 comments)
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estate: RESIDENTIAL SECTOR: DRIVING THE REALTY - 03/24/08 12:42 AM
THE INCREASE IN THE OFFICE SPACE IN NATIONAL CAPITAL REGION HAS BEEN TRANSLATING INTO A QUANTUM LEAP IN NEW JOBS AND THE ASSOCIATED BOOM IN HOUSING SECTOR
The National Capital Region has emerged as one of the most important destinations for information technologies (IT) and IT enabled services (ITES) in the country. … (0 comments)
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estate: REITs may change investment landscape - 03/20/08 04:27 AM
This Week, we answer questions on real estate investment trusts. For investors and builders alike, the trusts offer scope for growth and returns.
How have REITs (Real Estate Investment Trusts fared in other countries, and how do they benefit?
The investment vehicle called REITs opens the option of investing in real … (0 comments)
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estate: Ansals launch township at Kurukshetra - 03/19/08 03:46 AM
That Tier II and III cities are the next big thing in real estate is fast becoming an accepted fact. For instance, Delhi-based realty developer, Ansal API recently announced a luxury township in Haryana's Kurukshetra area called Sushant City. Located on National Highway-1, the township is spread over an area of … (0 comments)
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estate: An Rs 48,000 crore industry - 03/19/08 03:46 AM
Rising incomes, easy financing and population growth are driving demand for housing and luring overseas investors to India, says a new report by Ernst and Young. It puts the worth of the Indian real estate market at $12 billion (Rs 48,000 crore) and pegs the annual growth rate at 30 per … (0 comments)
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estate: NO FDI PLAN IN RETAIL SECTOR, SAYS PAWAR - 03/18/08 02:59 AM
New Delhi: The Government is not considering any proposal to allow foreign direct investment {FDI} in retail sector, Agriculture Minister Sharad Pawar said today. "There is no proposal to allow FDI in retail {and} Government is not thinking of it because it wants to protect the interest of retailers" he said … (0 comments)
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estate: RAHEJAS PLAN 257-ACRE SEZ AT GURGAON - 03/17/08 05:14 AM
New Delhi:Real estate firm rahrja Developers has outlined an investment of Rs 5000 crore to set up a 257 acre engineering SEZ at Gurgaon. The SEZ has been notified by the government and the first phase of the project is expected to be completed in the next five years, Raheja Developers … (0 comments)
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estate: ELIGIBLE FOR A HOME LOAN? - 03/17/08 01:25 AM
Here are some of the factors that have a bearing on an individual's eligibility for a home loan
There are a number of factors that have a bearing on eligibility for a housing loan. The banks have their own criteria to determine the eligibility and quantum of housing loan. The banks have … (0 comments)
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estate: MAKING HOUSING AFFORDABLE - 03/15/08 04:48 AM
Greater Noida Authority is constructing 3,000 houses exclusively for middle-income group
For the middle-income masses, here is good news. Under a newly launched residential scheme, the Greater Noida authority is offering the middle-income group a rare opportunity to book and own exclusive, independent, expandable and well finished houses.
As per the scheme, … (0 comments)
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estate: DDA' HOUSING FOR BETTER LIVING - 03/15/08 12:24 AM
If you are a resident of a Delhi Development Authority (DDA) colony anywhere in Delhi, be it Sarita Vihar, Saket, Mayur Vihar, Janakpuri, or Ashok Vihar, you will surely find DDA's comprehensive developmental activities.
Recently, Delhi Development Authority (DDA) announced its budget for the financial year 2008-09 on Friday and approved … (0 comments)
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estate: GOVT ISSUES RULES FOR FOREIGN INVESTMENT - 03/14/08 05:22 AM
India on Wednesday set out conditions for automatic approval of 100 per cent foreign investments in industrial parks. Such parks would have to house a minimum of 10 industrial units and at least 66 per cent of their developed area would have to be allocated for industrial activity, a trade ministry … (0 comments)
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estate: Real estate law - 03/14/08 01:00 AM
The government is all set to bring in a law to regulate the booming real estate sector in Delhi that could be model for the rest of the country, minister for urban development Jaipal Reddy told the Rajya Sabha.
Industrial upgrade
The commerce ministry has approved six industry clusters worth Rs 373 … (0 comments)
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estate: INDIA’S BIGGEST LAND DEAL IN NOIDA - 03/12/08 03:55 AM
Noida: In the biggest land deal in the country, a consortium led by Delhi-based Business Parks and Town Planners {BPTP} on Tuesday bagged a 95-acre commercial plot in Noida Sector 94 for a mind-boggling Rs 5,006 crore from the Noida authority.
The price per square meter in the deal - clinched … (0 comments)
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estate: Saltlec land at new high: Rs 33.33 cr per acre - 03/11/08 05:49 AM
Kolkata: LAND rates for big ticket IT ventures have scaled a new peak in Kolkata's Tech town, Salt Lake. In one of the biggest city property deals in recent times, a consortium of South City Projects and Merlin Group has shelled out a whopping Rs 143 crore to KMDA to acquire … (0 comments)
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estate: Sobha to start work on villas project - 03/11/08 02:39 AM
Reality major Sobha Developer (SDL) will commence construction of its first presidential villas project -Sobha Lifestyle-at Devanahalli in Banglore with an investment of around Rs 260 crore over to years. SDL has partnered with Banglore-based reality firm Renaissance Holdings, which owns the land parcel, for the project.
Currently, SDL has about 12 … (0 comments)
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estate: REALTY COS JOIN THE RUN OF LUXURY MALLS - 03/10/08 04:11 AM
After DLF and UB, Parsavnath, Ansal , APL and MBD Group are firming up plans for niche luxury malls in metro. Real estate players are tired of being mall rats. So, it's luxury malls that are now hogging the limelight. After DLF and UB Group's foray into the luxury retail segment, other … (0 comments)
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estate: G NOIDA MAY GET 1ST FINANCE PARK - 03/08/08 03:05 AM
Knowledge parks, software parks & SEZs are now passé, as the Greater Noida Industrial Development Authority (GNIDA) now plans to develop, what will probably be the country's first Financial Park. To be spread over an area of 100 acre, the park apart from housing companies from financial services sector (insurance, banking, … (0 comments)
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estate: PARSVNATH BEGINS CONSTRUCTION IN SONEPAT - 03/07/08 11:18 PM
Parsvnath Developers Ltd., India's leading real estate developers announced the start of construction of 'Parsvnath Preston', a high-end group housing residential project, in Sonepat, Haryana. The expected realization from the project is over Rs 500 crore in the next three years, including this financial year the project is spread over a … (0 comments)
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estate: UNITECH TO INVEST RS 9000 CR IN HYDERABAD - 03/07/08 04:05 AM
Unitech, the country's second largest realty firm, has bagged two real estate projects in Hyderabad that it would develop over the next eight years at an investment of about Rs. 9,000 crore. According to sources, the company has bagged a mixed use project located at Budvel from Hyderabad Urban Development Authority … (0 comments)
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estate: GURGAON IN GLOOM - 03/06/08 04:00 AM
Gurgaon, the fading dream of a Millennium city, is battling a power crisis that has seen power cuts up to 12 hours in winter. And now with summer on us, there is a mad scramble for inyerters and generators, an expensive proposition besides being unfriendly to the environment.
Sixty-two-year-old Vijay Malhotra, … (0 comments)
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estate: MULTI-LEVEL PARKING LOTS GET OFF THE BLOCKS - 03/05/08 11:14 PM
The number of vehicle on Delhi's roads is s staggering 51 lakh and five lakh more get added every year. In the long run a good integrated mass public transport system is the answer to traffic chaos and parking woes, but multi-level automated parking lots arebeing seen as the feasible mid … (0 comments)
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estate: NOIDA: TURNING SAND TO GOLD - 03/04/08 02:06 AM
NOIDA, the largest industrial town in Asia, has apartments and duplexes to cater to the locals and the housing demands of booth the locals and the NRIs, says Rai Umaraopati Ray.
New Okhla Industrial Development Authority, or NOIDA, was development in the 1970s a a modern industrial city under the UP … (0 comments)
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estate: RULES REDEFINED: REAL ESTATE IN NCR - 03/03/08 01:23 AM
Delhi's geographical contours are expanding. After galloping real estate prices in Gurgaon; the latest hot destinations are Indirapuram, Faridabad and Greater Noida which are wooing the property bulls in scores. Magnificent apartments envy even the Delhi's residents.
Lying in the outskirts of Delhi, Gurgaon is the preferred destination for realty giants. Rai … (0 comments)
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estate: NRIs BET ON STROCKS, REAL ESTATE - 03/01/08 12:07 AM
Aheesh BR (47) is a soft-ware professional settled in US for the past seven years. Apart from his monthly savings, he transfers a part of his salary to his bank account back home to invest in the Indian equity market.
Real estate in India also forms a major part of his investment … (0 comments)
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estate: CONSTRUCTING A BETTER INDIA - 02/29/08 04:31 AM
According to a study by ASSOCHAM, the burgeoning Indian constuction industry, currently worth $70 billion, will rise to US $120 billion by 2010. this growth is believed to be people-intensive. The Indian construction sector currently employs about 30 million and will provide direct and indirect job prospects to 90 million people, … (1 comments)
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estate: GODREJ PROPERTIES TO FILE FOR PUBLIC OFFER SOON - 02/28/08 03:48 AM
Godrej Industries Ltd chairman Adi Godrej said on Tuesday the group's real estate unit, Godrej Properties, will file papers for an initial public offer with the markets regulator in "a few days". "We will file the prospectus with Sebi (Securities and exchange Board of India) in a few days," Godrej said.
"We … (1 comments)
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estate: OMAXE TO SET UP THEME TOWNSHIP - 02/28/08 03:45 AM
Delhi-based real estate major Omaxe will develop a theme township on 393 acre at Naya Raipur - the capital city of Chattisgarh. The Omaxe Golf Theme Township will be developed at a cost of Rs 1,800 crore.
Omaxe is one of the India's largest real estate and construction firms with operations in … (0 comments)
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estate: DD WILL CONSTRUCT FLATS COSTING RS.1.00 LAKH - 02/27/08 06:20 AM
If one talks about providing a flat at a cost of Rs.1.00 lakh, the hearer will take it as a plain lie, but DDA has prepared an important plan to make it true. Under this scheme 24500 flats will be constructed for economically weaker section (EWS) in the first phase. DDA … (3 comments)
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estate: DELHI-MUMBAI INDUSTRIAL CORRIDOR - 02/27/08 01:07 AM
This is a 1,483 km long dedicated freight corridor that will pass through states like Uttar Pradesh, NCR, Haryana, Rajasthan, Gujarat, and Maharashtra. A band of 150 km on each side of the freight corridor will be developed as an industrial corridor.
Six investment regions and six industrial areas will be … (0 comments)
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estate: FAQs On The Reality Market by Anuj Puri Jones Lang LaSalle Meghraj - 02/25/08 06:45 AM
1. Many large business entities are now branching out into real estate development, while real estate companies are entering other areas. What is the reason behind all this?
Diversification is a natura1consequence of India's economic boom. This boom is happening across various sectors, not only one. The action is spread across … (0 comments)
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estate: PRE-ENGINEERED BUILDINGS: WAY TO GO? - 02/25/08 12:03 AM
The Conventional construction industry in the country today is undergoing a change, with one of its most visible aspects being the emergence of Pre-Engineered Buildings (PEB).
Different from the usual concrete buildings with asbestos-type roofs and walls, a pre-engineered building is made of steel panels. In fact, a PEB is nothing … (0 comments)
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estate: WHEN FAITH FUELS PROPERTY - 02/21/08 06:01 AM
SO YOU thought lifestyle was always about saunas and swimming pools, schools or golf courses ? Wrong.
Faith, they say, moves mountains. It certainly is now moving real estate developers, who are finding fortunes in targeting customers who are pilgrims or spiritualists.
Temple towns are witnessing a boom that nearly matches … (3 comments)
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estate: Commercial Rentals Go Up. - 02/20/08 06:25 AM
Office Space rentals have gone up substantially in the central and suburban business districts of Delhi (CBD and SBD), including places like Connaught circus and Nehru Place, in recent times.
Although the residential segment in NCR (National Capital Region) has taken a breather or even seen marginal corrections, the office space markets … (0 comments)
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estate: READY FOR A HOME LOAN? CHECK THIS FIRST - 02/19/08 10:55 PM
Have the recent cuts in home loan rates by leading financial institutions in the country spurred you on to apply for a home loan? Go ahead, but before you finalise a deal, here are some points you should take into consideration:
1. Speak to your bank about home finance only after you … (0 comments)
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estate: India is best perfomer in office space market - 02/18/08 04:19 AM
New Delhi: India is still the best performer in the office space market in the world, with average rentals gorwing around 36% as against an average rise of 25% in the Asiapacific region. In the US, rentals rose 18% and Europe saw a 14% increase.
Executive managing director of cushman and … (1 comments)
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estate: OFFICE SPACE IN KOLKATA - 02/16/08 12:54 AM
At 2.25 million sq ft, supply of commercial office space in Kolkata increased about 65 per cent over the previous year. Most of the supply was concentrated in peripheral locations such as Salt Lake and Rajarhat. However, some planned developments for the non IT-ITeS sector are expected to enter the market, … (0 comments)
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estate: OFFICE SPACE IN HYDERABAD - 02/15/08 11:10 PM
Hyderradab witnessed new commercial office space supply of approximately 4 million sq ft across all micro-markets, with the preferred peripheral loctions of Madhapur, HITEC city and Gachibowli accounting for nearly 3 million sq ft. Peripheral markets, being strategically located, and having good connectivity with residential and retail catchments such as Kukkatpally, … (0 comments)
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estate: RIDING HIGH - 02/14/08 11:25 PM
Gaursons has been on a journey. A jorney of architectural excellence to Provide residential solutions to thousands of families.
Building better infrastructure since its inception in 1995, the company owes its success to its total devotion towards projects and relentless pursuit to provide its customers the very best living experience.
Under the guidance … (0 comments)
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estate: Check Carefully The Area Of A House - 02/13/08 05:13 AM
Before buying a house all enquire about the area. First of all the matter comes of its area and from calculation of area itself, it becomes a major game. It is essential that before buying a house, understand all terms related to area. Loss related to confusion of area is directly … (1 comments)
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