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Indian Real Estate News
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DLF office rental income to reach Rs 2,500 cr by FY15 |
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Source: PTI Dec 16, 2012 |
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Real estate major DLFBSE 1.19 % today said it expects 20 per cent annual growth in office rental income that would touch Rs 2,500 crore by 2014-15 fiscal with likely appreciation in rent value and new leasing. ... more |
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Tag:
real estate of india, delhii real estate, DLF |
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Year 2013 will be a game changer for realty sector if Parliament passes regulation, land acquisition bill |
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Source: TNN Dec 15, 2012 |
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Year 2013 is going to bring cheer to homebuyers. Rohan D'Silva , the national director of Knight Frank India, says: "The silver lining for all those who missed the boat, both developers and consumers, is that 2013 will start a fresh innings. In a country that has an acute housing shortage there will always be takers provided the offerings are enticing." ... more |
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Tag:
Indian real estate, property in india, land acquisition bill |
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Piramal Realty-Famous Studio joint development pact may get called off |
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Source: ET Bureau Dec 12, 2012 |
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The proposed joint development agreement between Piramal Realty and owners of Famous Studio at Mahalaxmi in south Mumbai may get called off, said persons familiar with the development. ... more |
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Tag:
india real estate, real estate markets, indian real estate, realty trends, real estate in Mumbai, Famous Studio, Piramal Realty |
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Mumbai, Delhi, Bangalore slip to bottom of investment destinations list: PwC-ULI |
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Source: ET Bureau Dec 11, 2012 |
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Outlook for Indian property markets has turned cautious and cities like Mumbai, Bangalore and Delhi are likely to witness less appetite for real estate investment by international entities, showed a report by PricewaterhouseCoopers and Urban Land Institute. ... more |
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Tag:
property buying in india, real estate trends, property of india, real estate in india |
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Amplus Realty Fund makes first investment in Bangalore-based developer Assetz Homes |
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Source: ET Bureau Dec 10, 2012 |
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Amplus Realty Fund has formed a joint venture with Bangalore-based developer Assetz Homes to invest over Rs 110 crore through equity investment, debt and customer advances. The joint venture will develop a mid and high-end residential project in Bangalore, the fund said in a release. ... more |
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Indian real estate, property in india, century real estate, bangalore real estate |
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Citibank’s flat in Mumbai sells for Rs 28 crore |
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Source: TNN Dec 08, 2012 |
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When in 2008, leading foreign bank Citibank put its flat on sale, actor Vinod Khanna had emerged as the highest bidder with a record bid of Rs 1.20 lakh a sq ft for the 2,550 sq ft flat in Malabar Hill's IL Palazzo building. Khanna's deal did not go through, but five years later the same flat has been sold at a difference of just about Rs 7,000 asq ft to Rs 10,000 a sq ft. ... more |
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india real estate, real estate markets, indian real estate, realty trends, real estate in Mumbai |
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Property tax in trans-Yamuna area likely to go up |
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Source: PTI Dec 06, 2012 |
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Property tax in trans-Yamuna area is likely to go up with East Delhi Municipal Corporation today proposing an increase of property valuation by 1.6 times and imposing education cess and betterment tax on it. ... more |
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property buying in india, real estate trends, property of india, real estate in india, tax for homes |
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Tata Housing sells 150 housing units for Rs 350 cr in Gurgaon |
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Source: PTI Dec 04, 2012 |
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Tata Group's realty firm Tata Housing Development Company Ltd today said it has sold 150 luxury homes for Rs 350 crore at Gurgaon within just two days of launch. In a statement, the company said it has sold the entire second phase of its 36-acre premium luxury housing project 'Primanti' within two days of the launch. ... more |
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india real estate, delhi properties, delhi NCR real estate, gurgaon properties |
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CIBIL and CERSAI to join hands to help lenders with credit worthiness of realty |
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Source: ET Bureau Dec 01, 2012 |
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Credit Information Bureau (India) Ltd or CIBIL is joining hands with a government established central registry for mortgaged properties to offer lenders a single window facility to check credit worthiness and legal status of a property. Both the organization will sign an agreement to this end on Monday next. ... more |
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Tag:
property buying in india, real estate trends, property of india, real estate in india, CIBIL,CERSAI |
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Xander group, Temasek Holding’s realty arm eye Shapoorji Pallonji’s IT park worth 450 crore |
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Source: TNN Nov 29, 2012 |
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Global investment house Xander Group and Mapletree, the real estate unit of Temasek Holdings, are in the fray to acquire Indian construction major Shapoorji Pallonji's business park SP Infocity, in Chennai, valued at Rs 450 crore. The Information Technology (IT) park ... more |
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property buying in india, real estate trends, property of india, real estate in india, office spaces in India |
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Higher education sector to push real estate demand: DTZ report |
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Source: ET Bureau Nov 29, 2012 |
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The country's higher education sector will create real estate demand of around 900 million sq ft by 2020 to maintain the current gross student enrolment ratio of 12 per cent, according to a report by property consultant DTZ. ... more |
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property buying in india, real estate trends, property of india, real estate in india, education sector in India |
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A 10−storey building in 48 hours? |
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Source: IANS Nov 28, 2012 |
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Chandigarh, Nov 28 (IANS) A 10−storey building, set to come up in just 48 hours! A businessman in Chandigarh claims it is possible, and he will prove it. ... more |
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Tag:
indian properties, indian real estate, punjab properties, real estate of punjab, chandigarh properties |
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Office space absorption in India to grow 21% in 2013: DTZ report |
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Source: ET Bureau Nov 27, 2012 |
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Total office space absorption in India is expected to grow 21 per cent in 2013 to around 38 million sq ft, driven by signs of overall improvement in global and domestic economies, said a report by property consultant DTZ. ... more |
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Tag:
property buying in india, real estate trends, property of india, real estate in india, office spaces in India |
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Are warranties offered by property developers worth the premium? |
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Source: ET Bureau Nov 26, 2012 |
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Many of the top property developers in metro cities like Mumbai and Delhi have come out with a new marketing strategy to lure potential buyers. They are offering warranties on the houses they sell, similar to those offered by manufacturers of electronic appliances like TVs and refrigerators. ... more |
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Tag:
property buying in india, real estate trends, property of india, real estate in india |
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India still a key realty market for PE funds, says CB Richard Ellis |
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Source: ET Bureau Nov 23, 2012 |
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India continues to be a key real estate market for private equity funds and foreign investors despite the global economic slowdown, a top executive of property advisory firm CB Richard Ellis-Asia Pacific has said. ... more |
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property buying in india, real estate trends, property of india, real estate in india |
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Final hearing of DLF plea against CCI order on November 29 |
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Source: ET Bureau Nov 22, 2012 |
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The Competition Appellate Tribunal (COMPAT) on Wednesday deferred to November 29 the final hearing of DLF's petition against Competition Commission of India's order imposing 630-crore penalty on the company. ... more |
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Tag:
real estate of india, delhii real estate, DLF |
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Residential prices up by 30 per cent in Kolkata’s Ballygunge |
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Source: MagicBricks bureau Nov 22, 2012 |
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With well-developed infrastructure and easy connectivity to any part of Kolkata, Ballygunge has always witnessed a good demand for property which in turn pushes the capital values. The new projects launched also add to the demand and rise in values. ... more |
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Tag:
Indian real estate, property in india,Real estate in kolkata, property in kolkata,Ballygunge properties |
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Realty regulator will breed corruption, dry liquidity: Credai |
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Source: PTI Nov 21, 2012 |
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Real estate developers body Credai today criticised the proposed Real Estate Regulatory Bill, which is expected to be tabled in the Winter Session of Parliament beginning tomorrow, saying it is 'anti-people'. ... more |
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Tag:
property buying in india, real estate trends, property of india, real estate in india, CREDAI |
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