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Realty market

Distressed Air-India to raise funds from realty sale

Distressed Air-India to raise funds from realty sale
New Delhi: The distressed Air India has decided to generate capital from the realty market by selling, redeveloping and leasing its assets. It has also mandated Delhi’s real estate consultant DTZ International Property Advisors Private Limited for its plan. Selling and leasing the firm’s real estate assets will fetch the company the costs to meet the [...] Continue Reading »

Tamara Real Estate expanding business

Tamara Real Estate expanding business
Post the opening of its first premium resort in Coorg, Karnataka, Tamara Real Estate plans for expansion. Aiming at future business growth, it eyes on expansion in Kodaikanal and Alappuzha with similar resorts. Tamara Real Estate Holding has set up The Tamara Hospitality in which Infosys’ co-founder S D Shibulal daughter Shruti Shibulal is the [...] Continue Reading »

Theme-based housing grows in Gurgaon

Theme-based housing grows in Gurgaon
Gurgaon developers are coming up with theme-based housing for niche clients. The real estate developers are lining up projects based on architectural designs of various culture - Egyptian, Arabic or Spanish, etc in the city. The target audience are those  whose aspirations go beyond modern facilities like parks, swimming pools or health clubs. The theme-based [...] Continue Reading »

NCR real estate to benefit from Yamuna Expressway: Property experts

NCR real estate to benefit from Yamuna Expressway: Property experts
With Yamuna Expressway being opened, property analysts believe that that real estate market in the region is going to witness a boom and the NCR and western UP belt will become a hot destination for homebuyers as well as investors. A hike of 30 per cent in property prices is expected as the Expressway is [...] Continue Reading »

Property market in India on a rise

Property market in India on a rise
In RICS India Commercial Property Survey it is observed that the realty market is now witnessing improvement across the country. The report has shown that the rental expectations are turning positive this quarter as opposed to being negative during the last three months of 2011. Market activity indicates that rental value of retail properties, particularly [...] Continue Reading »

Private equities are less interested in real estate funding

Private equities are less interested in real estate funding
The real estate builders and developers must search for alternate source of funding as Private Equity funds are not showing interest in investing into real estate projects in India. The investment volumes as well as the number of investment in real estate projects has been reduced in last one year. As the growth rate and [...] Continue Reading »

Sobha developers crossed sales target in 2011-12

Sobha developers crossed sales target in 2011-12
It is reported that Sobha developers has launched total projects of 10.45 million square feet and sold 3.28 million square feet of properties against the sales target of 3 million sq ft during the financial year 2011-12. In the financial year the builder also entered three new realty market in NCR, Chennai and Mysore. The [...] Continue Reading »

Protection Act for real estate buyers is necessary

Protection Act for real estate buyers is necessary
It is being noticed that many fly-by-night builders creating pain for the home buyers. As none of the builders and real estate agents need any registration from the government, all kind of people enter in the realty market and promoting illusory dream flat for sale to the home buyers. It is a common to see [...] Continue Reading »

Realty firms want exemption of SEZ from MAT

Realty firms want exemption of SEZ from MAT
MARG, the group in the realty market asked the government for an exemption of minimum alternate tax on the constructions made in SEZ. As the economy is slowing down, the experts seek some positive announcement in the budget to enhance the private investment in the realty market. The realty group expects that the budget will [...] Continue Reading »

Ramky Group to invest Rs 1,700 crore in Indian realty market!

Ramky Group to invest Rs 1,700 crore in Indian realty market!
The Ramky Estates and Farms Ltd recently announced to invest Rs 1,700 crore in realty market! After the launch of a residential project, the company announced to invest in Chennai, Bangalore and Hyderabad realty in a span of 4 years. The company “Ramky Estates and Farms Ltd” is on cloud nine with the launch ‘Ramky [...] Continue Reading »



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