of: 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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of: 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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of: 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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of: 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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of: 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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of: 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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of: 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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of: 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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of: 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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of: 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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of: 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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of: 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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of: 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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of: 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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of: 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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of: 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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of: 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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of: 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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of: 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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of: 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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of: 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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of: 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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