real estate: Indore: Climbing the real estate growth ladder
- 01/07/08 05:08 PM
Madhya Pradesh (MP) geographically represents the heart of India and Indore is in all senses the heart of Madhya Pradesh. Indore, the commercial capital of MP derives its name from the 18th century Indreshwar temple. Having been ignored by the State and Central Governments alike over the years it has grown on its own into a cosmopolitan city playing a pivotal role in the business and commerce of Madhya Pradesh. The city after traversing centuries is poised to become a software and industrial hub with its inclusion in the coveted category of “software city.” Though Indore is recently being eyed for (0 comments)
real estate: Growing sources of investment for Real Estate Developments in India
- 01/07/08 05:05 PM
More global real estate companies and investors are now looking to invest in Indian realty sector. Recently, Donald Trump Jr of the well-know Trump Organization in USA was looking for partners to invest in Indian realty market. Merrill Lynch & Co also bought 49% equity in several housing projects from DLF in Chennai, Bangalore, Kochi and Indore for Rs 1,481 crore. These projects are to be developed in about 7-8 years, as per reports. DLF also tied with Nakheel and Hines and Limitless Holding to develop properties in India. Donald Trump Jr told reporters that they are looking for JV partners (1 comments)