Indian real estate
The real estate market in India is expected to pick up in the second half of 2013 as the country’s economic front witnessed some improvement. The developers are planning to give some pre-launch benefits to attract home buyers and at the same time, they are also planning to cut short on amenities and facilities of [...] Continue Reading »
Indian real estate is going through a slowdown amid stagnating sales and facing funding issues with foreign investors. Private equity firms focussing on real estate are facing difficulty to raise funds through foreign high net-worth individuals (HNIs) and institutions. According to experts, both international and national PE firms are not able to close funds if [...] Continue Reading »
Anil Ambani lead Reliance Group joins hands with China’s leading real estate developer WANDA GROUP for a multi-million dollar joint venture to develop an integrated township project in Hyderabad. This will be the first time that a Chinese Real Estate company is entering the Indian Real Estate market. The initial projects have been initiated in [...] Continue Reading »
Bangalore based real estate developer Salarpuria Sattva, has launched a premium mixed use project in Hyderabad. The project is situated near Hussain Sagar lake, one of the hot spot in Hyderabad. The total project covers 8.5 acres and about 1.6 million sq ft of residential, commercial and retail spaces. The company wants to develop around [...] Continue Reading »
The hi-tech city on 9000 acres by Wave Infratech was halted due to the agitating against land acquisition by the farmers. This project was antagonized for last two years. The Gautam Budh Nagar Administration designed policies in Lucknow, hence senior officials have already taken the final decision and it is also passed by Ghaziabad Development [...] Continue Reading »
Delhi- NCR : Finance Ministry has asked Reserve Bank of India (RBI) to relax the provisional norms depending on the infrastructure of the buildings. This will help the banks to lend attractive home loans to the buyers. The rule is that all the banks have to keep aside an amount equal to the one percent [...] Continue Reading »
Unitech Corporate parks is a listed company on London’s Alternative Investment Market, where developer Unitech holds 40 percent stake.The company has decided to block one of the largest assets in India which has a valuation of RS 3,000 crore. Coming up is a new information technology special economic park in Gurgaon near Delhi which spreads [...] Continue Reading »
Delhi-NCR : The new rule from the Delhi high court have restricted transfer and sale of plots by owners from housing societies. Soami Nagar cooperative house building society has recently been penalized by Justices Sanjay Kishan Kaul and Vipin Sanghi for the sale of a plot by its member to an outsider. The society has [...] Continue Reading »
Hyderabad : Real estate is booming in Miyapur due to the recent growth of residential projects. As it is situated in NH 9 in the Hyderabad IT Hubs – Hi-Tech City and Gachibowli enjoys the most growth proximity. In last two years, 12 projects came up and 30 more projects are lined up to be [...] Continue Reading »
Gurgaon : Investors are attracted to the projects in Sohna road and adjacent sectors like 68 and 69, which offers residential properties in the range of Rs 4500-6000 per sq ft. The price of properties in sectors like 47, 48 49 in the same road has reached to 8000-10,000 per sq ft. Few sectors like [...] Continue Reading »
