Real-estate developer
Unitech Chairman Ramesh Chandra has said in a recent statement that the realty firm plans to sell its non-core land parcels. The move being mulled by the company is essentially aimed at reducing its debt. In addition to the sale of its non-core land parcels for reducing its debt, Unitech is also planning the monetisation [...] Continue Reading »
The Real estate developer Unitech is selling the 17.5 acres of land in Noida’s Sector 144 to the locak builer Gulshan Homz for a price of Rs 400 core as two people involved in the deal stated. The developer is hopefully going to use the money to reduce the debt that stood at Rs 6,316 [...] Continue Reading »
In FY15, real estate developer Brigade Enterprises has earmarked an expenditure of Rs 250 crore on lease rental projects as well as on expanding its assets in the hospitality sector. According to a Business Line report, citing the information shared by Brigade Enterprises’ Chief Financial Officer Suresh K, the realty developer plans to focus on [...] Continue Reading »
India’s large mall developers companies are focusing on small towns, scouting for potential purchases. Developers like Future Group, Inorbit Malls (India) Pvt. Ltd and Infiniti Mall are looking to acquire malls in small cities to tap the potential there, while the top urban markets are close to being saturated. Inorbit, a division of Mumbai-based real estate developer K Raheja [...] Continue Reading »
The real estate industry in India is going through the phase of transformation. During 2013, the real estate market remained constant in major Indian cities. In Bangalore, the real estate market remained stagnant as compared to its adjoining cities. It is expected that the real estate market will gain its momentum in 2014. A Silver [...] Continue Reading »
A leading real estate developer in India, Puravankara Projects Limited launched Purva Westend in Bangalore. Puravnkar projects Limited has set a mile stone by selling half a million sqft within 4 days of the project’s launch. This amazing response is due to innovative book building methods adopted by Puravnkara. This method provide customers a chance [...] Continue Reading »
Developers are using different strategy to lure property buyers and increase sales as the Bangalore residential market did not do well as it was expected in the last quarter. Bangalore real estate market has seen the price point of 50-60 lakhs for a 2 BHK apartment in the booming market. Some of the announcement [...] Continue Reading »
Supertech, north India based real estate developer, is planning to expand the existing business, which will involve a whopping Rs. 2000 crore investment. They have new projects to launch and also undertaking a new project involving education. The firm is planning to come up with a university of their own in Uttrakhand, and also is [...] Continue Reading »
An NCR-based real estate developer, AIPL (Advanced India Projects)has launched a residential project in Sector 70A, Gurgaon with an investment of around 600 crore. The 19 acre project, Christened The Peaceful Homes assures a clear view of the Aravallis comprises of multi-storied premium houses. The project offers around 400 units of 2, 3 and 4 BHKs [...] Continue Reading »
Many Bangalore developers have lowered prices to lure buyers mid to upper-mid segment as the premium property segment struggled a lot to sell last year. Sale in luxury segment did not even meet 50 percent of the target despite promotions, pre-launches and launch offers which has created a fast change in the set of offerings [...] Continue Reading »
