Chennai
According to Cushman & Wakefield commercial real estate services firm, it is expected that after the Parliament elections the mall space in Chennai will see an improvement in momentum as there might be some policy changes on the anvil for the retailers. It added that due to external factors like current economic climate and impending [...] Continue Reading »
The stock of Godrej Properties was up 3 percent At Rs 197 after the group has partnership with the SSPDL Green Acres LLP to build a residential project at Padur, Old Mahabalipuram Road (OMR), near Siruseri IT Park, in Chennai. The project is located over the area of 7 acres and provides nearly 93,000 sq [...] Continue Reading »
The Real estate developers of Kerala, Chennai, Coimbatore, Bangalore, Delhi, Mumbai, Pune, Ahmadabad, Bhubhaneshwar, Trichy and Hyderabad have been invited to display their residential projects in the 8th Annual India Property Show which in US. The fest is going to display a vast range of both the residential and commercial projects during the period of [...] Continue Reading »
The India Realty Excellence Fund II LLP has raised this fund for deployment in its Ambernath project spread across 2.5 million square feet in Mumbai’s central. As per the person related to the development, this deal was closed in beginning of January. Motilal Oswal Real Estate fund, which is the real estate wing of Motilal [...] Continue Reading »
A fall of 41 per cent of Net Profit in the quarter ended December 2013,has been registered of top 25 real estate companies, in comparison to peak period of quarter ended March 2012.As per the report by global realty consultancy Knight Frank the net profit margin have fallen from 13.6 per cent to 9.7 per [...] Continue Reading »
The auto components manufacturing conglomerate, Rane group, has appointed the international property consultants Jones Lang LaSalle (JLL) India as its advisor for the transactions. As per the press release the property on the 100 ft road is very well located for residential development. The built up residential space in the vicinity can fetch around Rs. [...] Continue Reading »
A global real estate consultant says that the Office space requirement is likely to increase by 7 percent during this year to 29 million sq ft in India’s 7 major cities as corporates are looking at expanding their business. The demand of office space was 27 million sq ft last year in the seven cities [...] Continue Reading »
ITC, which is Rs 43,000-crore business house, is planning to develop a luxury resort and spa at Mahabalipuram, near Chennai. According to the web site of company the resort named as ITC Vilasa is expected to open in the middle of this year. The resort is 25 km from the south of Chennai. As per [...] Continue Reading »
The Tata Housing says that they were planning to invest Rs 700 crore to develop a new residential housing project in Chennai The planning to construct 1,600 flats in this project which is spread over 15 acres. The Tata Housing says that its subsidiary Tata Value Homes would develop this affordable housing project under the [...] Continue Reading »
According to global realty consultant, DTZ, because of rupee depreciation and fall in rentals amid political instability over Telangana, Hyderabad has become the world’s most affordable office location. In the DTZ’s list of top 10 least expensive offices space market in the world, four other Indian states fall which are Chennai, Pune, Bangalore and Kolkata. [...] Continue Reading »
