Sobha
Embassy Group and Sobha Developers shelled out over Rs. 1,500 in what can be termed as one of the biggest real estate deals in the country. Embassy Group and its joint venture partner, private equity firm Blackstone, acquired 60 per cent stake in a 106-acre business park for Rs. 1,200 crore. Sobha Developers shelled out [...] Continue Reading »
The BJP manifesto made at least three promises of direct interest to real estate developers. The party promises to put up 100 new cities, develop a national land use policy and nationally roll out a low-cost housing plan. For investors in property and for the sector as a whole, the promise to upgrade infrastructure and [...] Continue Reading »
Dwarka Expressway has emerged as one of the most famous real estate destinations in the National Capital Region (NCR).The project was to be completed in March 2012 but because of land acquisition issues the project was delayed. The builders who involved in this project played a vital role in accelerating the development process and ensuring [...] Continue Reading »
Owing to abounding investments of non resident Indians (NRIs), alluring offers provided by the builders and changing lifestyles of buyers, the demand for luxury housing market is gradually cheering up in the metros. The demand for luxury and ultra-luxury homes is growing, particularly for those ranging between Rs 1 crore to Rs 20 crore, or [...] 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 »
