Hiranandani Constructions
The Mumbai based Hiranandani Group has acquired Hirco Plc’s 368-acre Chennai project for Rs. 2,000 crore. Hirco Plc. is an investment firm. They raised £350 million (Rs. 3,500 crore) from global investors to fund Hiranandani Group’s Chennai and Panvel townships. The funds were used by Hiranandani Group to acquire 588 acres in Panvel and 368 [...] Continue Reading »
The MCHI Credai property exhibition, which spreads across 200,000 feet of land, will be held from April 11 to 14, 2013 at MMRDA Grounds. This is the 21st Real estate and Housing Finance Exhibition, where home buyers are welcomed and make the decision on home buying. The developers is going to showcase 12,000 plus properties spread [...] Continue Reading »
One of the India’s largest real estate companies maintained privately by Hiranandani brothers is eyeing on new opportunities in the real estate segment for growth. The younger brother, Surendra Hiranandani is now set to launch his first redevelopment project in Mumbai.With this project, it will be an initiation of departure from his company House of [...] Continue Reading »
The State Bank of India (SBI) has recently made an announcement of cutting its base rate by 25 bps to 9.75 per cent. Although it is likely to positively impact the home loan segment, most realtors and analysts feel that it will not prove to be a saviour for a majority of home owners in [...] Continue Reading »
A recent report by DTZ, a real estate consultant cautioned about the realty price fall in major cities like; Singapore and Mumbai due to regression and regulation in the economies. It’s just the beginning of 2012 and all the major Asian cities have started witnessing 15 to 25 percent drop in residential realty rates! Coming [...] Continue Reading »
Mumbai based developer Hiranandani Constructions is all set and ready to invest Rs 3,000 on various realty projects across the country. Hiranandani Construction experts say they would be investing nearly Rs 2,000 crore to Rs 3,000 crore for many new launches by the end of 2012. The company will be investing on residential and hospitality sectors [...] Continue Reading »
