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Delhi NCR

The new middlemen in Real estate sector

The new middlemen in Real estate sector
Facing the problem of increase in unsold inventory and with working capital hard to come by, the real estate developers in last few years bend heavily on a class of investors to bring sales and bring in that much-needed cash flow. These types of the investors are referred as the ‘underwriters’ which buy the large [...] Continue Reading »

Ahuja Group helped by Motilal Oswal real estate fund in raising Rs 60 Crore

Ahuja Group helped by Motilal Oswal real estate fund in raising Rs 60 Crore
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 »

Property prices stay put

Property prices stay put
Real estate prices have remained untouched in last quarter of 2013, regardless of political uncertainty, liquidity issues, high interest rates and cautious sentiments. Property rates at Colaba, Marine Drive, Dombivali, and Ambernath went down by seven to 13 per cent whereas rates went up by 10 to 12 per cent at places like Hiranandani, Lower [...] Continue Reading »

Modi-Revlon to open 100 stores in India in three years

Modi-Revlon to open 100 stores in India in three years
Cosmetics Company Modi-Revlon, a joint venture between the Modi group and international cosmetics firm Revlon, is planning to open 100 stores in the next three years. Modi-Revlon chairman and chief executive Umesh Modi said in a statement, “India with its ever-growing appetite for retail spending has always been a priority market for Revlon. These are [...] Continue Reading »

Private sector can now buy into Delhi’s govt colony revamp

Private sector can now buy into Delhi’s govt colony revamp
The private-sector can now plan to redevelop government colonies in the heart of Delhi .The funds for redevelopment be organised from the corporate sector by undertaking to allot, on a freehold basis, 20% of the total residential space to be created to companies who pay up in advance as proposed by National Building Construction Company (NBCC). NBCC [...] Continue Reading »

Connaught Place drops on global real estate rankings, now on 8th

Connaught Place drops on global real estate rankings, now on 8th
Weak rupee makes the office space in Connaught Place (CP) favourable for international occupiers. Connaught Place’s (CP) global real estate rankings fell a few notches – from 4th to 8th most expansive office location globally according to an annual survey by the real estate consultant Cushman & Wakefield. The prime reason for the fall is [...] Continue Reading »

Housing stock almost doubles in key cities of India

Housing stock almost doubles in key cities of India
In the last three years, the number of unsold housing units in prime cities such as Delhi-NCR, Mumbai and Hyderabad have nearly doubled, indicating that the real estate in India would need a long time to recover from. Liases Foras, a real estate consultancy and research firm has revealed that the stock level of residential [...] Continue Reading »

Top six cities to witness maximum office space absorption in India

Top six cities to witness maximum office space absorption in India
India has been an attractive market for IT/ITES industry as it ensures handsome investment returns. The BFSI (Banking, Financial Services and Insurance) book of the dead game industry, manufacturing and other service sector also contribute to total office space absorption in India. As per Knight Frank Survey, the top six cities which will witness maximum office [...] Continue Reading »

Sonipat- kundli: A realty hotspot in NCR

Sonipat- kundli: A realty hotspot in NCR
Sonipat-Kundli is emerging as the new residential destination for the investors and mid-end users in NCR. Sonipat is a town that falls under the municipal council in Sonipat district under the state of Haryana. Kundli property market is registering new benchmarks in turnover and offering new opportunities for investment.  The forthcoming 135km-long Kundli- Manesar- Palwal [...] Continue Reading »

E-stamping: Registering large volumes of property in Gurgaon

E-stamping: Registering large volumes of property in Gurgaon
Gurgaon introduces registering property with e-stamping facility. E-stamping and on-line registering is already practised in Delhi. Land registration is described as matters concerning ownership, possession or other rights of land and kept as records. The state Government of Haryana has requested  to  make provision for regular issuance of stamp papers from treasury and bank. It [...] Continue Reading »



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