Realty News
M3M, a real estate group acquired 28 acres of land from DLF in Gurgaon. DLF, one of the renowned developers in the country has sold it for Rs 440 crore. A total of Rs 1,100 crore will be invested in the project as stated by M3M Finance head. Out of Rs 1,100 crore, Rs 400 [...] Continue Reading »
Real estate market has grown a lot from an unorganized sector to a real industry. As many things has been advancing in this sector, the development firms are also thinking of new ways to market themselves. Many renowned developers in the country are adopting the mantra of hiring professional and educated chief executive officers, financial [...] Continue Reading »
Ever heard of water affecting the housing sector in a city? Yes it is true in case of Gurgaon! The ground water level in the city has been going low at an alarming rate which in turn is affecting the real estate projects in Gurgaon and Faridabad. Keeping the water level in mind, Central Ground [...] Continue Reading »
Mumbai is soon going to witness a growth in realty sector by some of its developers. The city based real estate developer, Ajmera Realty and Infrastructure has plans of expanding its investment zone by around Rs 1000 crore in real estate and power sectors. Their plan will get placed within five years as they are [...] Continue Reading »
Sobha Developers, a Bangalore based real estate developer is eyeing on more revenue in 2011-12. As per report, they are expecting a revenue of Rs 1,500 crore from their sales in the fiscal year 2011-12. The company has already sold 818,935 square feet in the fourth quarter of October- December 2011 at Rs 5,475 per [...] Continue Reading »
BPTP, a renowned real estate developer has bought Merrill Lynch’s stake in its Gurgaon property. The developer buys 49% of Merrill Lynch stake in the Gurgaon Crest office complex for Rs 180 crore. In 2007, Merrill Lynch had invested Rs 100 crore in the project. Even BPTP has its own office in the same complex. [...] Continue Reading »
Brigade Enterprises, a Bangalore based real estate developer has plans of raising Rs 150 crore from a private equity fund. The developer will raise the amount by discharging one of its commercial property in Whitefield. The project they are planning to discharge is Summit Brigade Metropolis having a built up area of 800000 square feet [...] Continue Reading »
Yet another project with unique features and spacious units in Sarjapur Road. Saran Developers, a city based real estate developer is soon going to present a gated residential community named Mulberry Woods. Saran Developers & Infrastructure (I) Pvt Ltd is a group of well experienced team of professionals who are able to apply this knowledge [...] Continue Reading »
Come whatsoever, Gurgaon real estate market is still holding its roots inspite of high interest rates. None of the factors could shake the Gurgaon market and the number of property registrations prove this. The average number of property registered in a month in 2009 was about 2303 which increased to 3236 in 2010 and maintained [...] Continue Reading »
Many investors have sights on Indian real estate market for investment purpose. One among them is Red Fort Capital which has plans of raising $500 million fund for investing in various commercial and residential complex in India. Red Fort Capital is a real estate private equity firm which focuses mainly in Indian realty is in [...] Continue Reading »
