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Indian Real Estate News
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CMDA comes with New Guidelines to Meet Affordable Housing Demand
Source: Indian Reality News Aug 26, 2010
In a bid to create housing stock jointly with owners having large tracts of land and to meet the increasing demand for affordable housing in Chennai metropolitan area (CMA), the Chennai Metropolitan ... more
Tag: Chennai, Property Prices, Real Estate Developers, Real Estate India, Real Estate Trends
RBI Proposes changes in Private Bank Provisions- Makes it Difficult for Banks with Insurance Ventures to Attract FDI
Source: Indian Reality News Aug 26, 2010
In an indication of continuing differences over the new foreign direct investment policy, the central bank has proposed changes in the provisions relating to private banks that will make it difficult for them to ... more
Tag: Banking and Finance, Foreign Direct Investment in India, Non Resident Indian (NRI), Real Estate Developers, Real Estate India
Govt to Allow Foreigners Set up LLP in Sectors where 100% FDI is Allowed
Source: Indian Reality News Aug 25, 2010
The government may soon allow foreigners to set up limited liability partnerships in sectors where 100% foreign investment is allowed, taking a decisive step after much flip-flop over funding guidelines for this ... more
Tag: Delhi, Foreign Direct Investment in India, Non Resident Indian (NRI), Property Prices, Real Estate Companies, Real Estate Developers, Real Estate India
Indospace Plans to Spend Rs 500 cr in Developing an Integrated Logistics Park
Source: Indian Reality News Aug 25, 2010
Indospace Logistics Fund, part of the Sameer Sain-promoted Everstone Capital that invests in logistics and industrial real estate, plans to spend around `500 crore in developing an integrated logistics park in the ... more
Tag: Delhi, Gurgaon, Property Prices, Real Estate Developers, Real Estate India
Globevill to Develop Largest Township Project in Chennai
Source: Indian Reality News Aug 25, 2010
ETA Star, an offshoot of ETA Ascon Group, in association with the state-owned Tidco, has launched — Globevill, which is said to be the largest integrated township development in Tamil Nadu. To come up on ... more
Tag: Chennai, Real Estate Developers, Real Estate India
Prestige Group to Come up with Premium Residential Project in Bangalore
Source: Indian Reality News Aug 25, 2010
The Prestige Group has launched a premium residential project — Prestige Silver Oak — in Whitefield, Bangalore. Spread across 17 acres, the project comprises 146 independent villas and 32 low-rise apartments and is set amidst scenic landscapes. ... more
Tag: Bangalore, Property Prices, Real Estate Developers, Real Estate India
Ambuja to Build City Center Mall at Siliguri
Source: Indian Reality News Aug 25, 2010
Buoyant over the success of its multi-utility commercial property projects City Centre-I (at Salt Lake) and City Centre-II (at Rajarhat), Ambuja Realty has now come up with its third City Centre, this time round at Siliguri, on the foothills of the picturesque of Darjeeling district. More importantly, it has lined up three ... more
Tag: Kolkata, Real Estate India, Real Estate Trends, Retail Market in India
IFC in Discussion with Real Estate Developers to Create Large Affordable Housing Projects
Source: Indian Reality News Aug 23, 2010
The International Finance Corporation is in talks with several real estate developers to create large affordable housing projects in India. “IFC has been talking with everybody; there have been discussions ... more
Tag: Bangalore, Chandigarh, Delhi, Gurgaon, Kolkata, Mumbai, Noida, Pune, Real Estate Developers, Real Estate India, Real Estate Trends
FDI in India’s Booming Real Estate Jumps 80 Folds
Source: Indian Reality News Aug 23, 2010
It’s not Indians alone who are monitoring the real estate market here. More and more money is being pumped into India’s housing sector from abroad. And this, despite the recent downturn. Foreign direct ... more
Tag: Banking and Finance, Delhi, Foreign Direct Investment in India, Gurgaon, Mumbai, Noida, Non Resident Indian (NRI), Property Prices, Real Estate Developers, Real Estate India, Real Estate Trends
Investors Trust Real Estate Industry over MF’s
Source: Indian Reality News Aug 23, 2010
The rich rarely admit when they lose money. Often it’s too little to matter. More often, they are too proud to tell the world how wrong they were. A client, who asks a private wealth manager to handle Rs 50 lakh, ... more
Tag: : Delhi, Mumbai, Noida, Property Prices, Real Estate Developers, Real Estate India, Real Estate Trends
Sobha Developers to Start $107 Million Luxury Home Project in New Delhi Suburb
Source: Indian Reality News Aug 23, 2010
Sobha Developers Ltd., the best performing stock on the Bombay Stock Exchange Realty Index this year, plans to start a 5 billion rupee ($107 million) project in a New Delhi suburb to build luxury homes as the ... more
Tag: Delhi, Faridabad, Gurgaon, Property Prices, Real Estate Developers, Real Estate India
Pharmaceutical Company Alchemy now entering Realty Market
Source: Propertywala Aug 19, 2010
On Friday, Alembic, India’s oldest pharmaceutical company announced its entry in real estate sector as it has launched a company called Alchemy Real Estate. The CEO of this company will be Mr. Udit Amin, ... more
Tag: Residential project, Real Estate India, Property India, Indian Properties
Raheja Universal Ltd got an Average Rating
Source: Propertywala Aug 19, 2010
Raheja Universal Ltd’s is rated a three star on the scale of CRISIL. This implies that the proposed issue of Rs. 864 cr. is an average proposal as compared to other listed ones. ... more
Tag: commercial segment, high quality, indian cities, premium prices, quality construction, realty business
Lodha Raises 500cr by Selling 10% Stake of its Mumbai Residential Tower
Source: Indian Reality News Aug 18, 2010
Real estate firm Lodha Developers has raised Rs 500 crore by selling a 10 per cent stake in a project to develop a 117-storey residential tower in Mumbai to HDFC Venture Funds. “The deal shows the investor’s ... more
Tag: Mumbai, Real Estate Developers, Real Estate India, Real Estate Trends, Real estate Mumbai, Mumbai Property
India to become world's fastest growing economy by 2013-15: Morgan Stanley
Source: The Economic Times Aug 17, 2010
The two hands to produce count for more than that one mouth to feed, after all. Driven by a sterling demographic dividend, continuing structural reform and globalisation, India is poised to accelerate its growth rate to 9-9.5% over 2013-15, even as China will cool down to a more sedate 9% by 2012 and to 8% ... more
Tag: Real estate India, Property India, Properties India, Invest Real estate in India
Unitech all set to Acquire New Projects
Source: Indian Reality News Aug 16, 2010
Buoyed by an over 14 per cent jump in its consolidated quarterly net profit, the country's second largest realty firm Unitech is all set to explore possibilities for acquiring new projects in the coming months. ... more
Tag: Delhi, Faridabad, Gurgaon, Noida, Real Estate Developers, Real Estate India
Haryana comes up with New Guidelines for Flat Registration
Source: Indian Reality News Aug 16, 2010
The urban local bodies department of Haryana has come out with new guidelines for registration of independent floors within the area of municipal corporations or councils or committees of the state. ... more
Tag: Delhi, Faridabad, Gurgaon, Property Prices, Real Estate Companies, Real Estate Developers, Real Estate India
Birla Mills Plans Real Estate Development at its Delhi Land
Source: Indian Reality News Aug 13, 2010
K K Birla Group firm Texmaco Ltd looks set for a windfall from its real estate in Delhi. Texmaco chairmanSaroj Poddar told reporters, after the annual general meeting of the company, that it is hoping to ... more
Tag: Delhi, Faridabad, Gurgaon, Noida, Property Prices, Real Estate Companies, Real Estate Developers, Real Estate India, Real Estate Trends
Vigneshwara to Launch Commonwealth City development Project in Gurgaon
Source: Indian Reality News Aug 13, 2010
Vigneshwara a leading Infrastructure developer has joined hands with Common Wealth Games as Official Licensee in the Real Estate category for Common Wealth Games, Delhi 2010. ... more
Tag: Delhi, Faridabad, Gurgaon, Noida, Property Prices, Real Estate Developers, Real Estate India
VME Realty to Start Residential Project in Chennai
Source: Indian Reality News Aug 13, 2010
VME Group, which has its presence in the real estate market from more than two-decade with focus on infrastructure, especially highway and railway bridges, has now turned its attention on property ... more
Tag: Chennai, Real Estate Companies, Real Estate Developers, Real Estate India
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