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Latest updates & news on India real estate industry and Indian property news.


Real Estate
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Last Updated: 2009-10-22T10:23:20+05:30
With the global economy showing signs of early recovery, the Indian real estate sector has also started getting more offers from across. According to sources, London-based Hamptons International has plans for showcasing residential projects in India to those who want to invest in ...

Last Updated: 2009-09-30T09:48:34+05:30
With economic recession coming down and the real estate market showing mild growth, Omaxe Ltd has plans for rolling out four projects very soon.
 
According to the chairman and managing director of Omaxe, Rohtash Goel, “We are planning to launch four projects in the next two to three ...

Last Updated: 2009-09-10T09:45:35+05:30
Entertainment World Developers, a reality major, has announced that it will be investing about Rs. 2,000 crore for developing about 20 malls across India. This, the company, added that will be developed under the rent-free revenue sharing concept of the organization and will encourage the emerging ...

Last Updated: 2009-09-10T09:31:37+05:30
Swissotel Hotels, a Swiss hospitality chain, has announced its foray into Indian hospitality segment, after an agreement was inked between the Swiss group and Ambuja Realty group to set up a 5 star hotel at Rajarhat New town, which is located in the north-eastern borders of ...

Last Updated: 2009-09-09T10:13:43+05:30
Zuri Group Global has plans to construct villas and apartments in Goa, under their real estate wing Zuri.
 
"While there were construction restrictions under the Coastal Regulation Zone norms, we recently got the nod to go ahead with our project," communication director Priti ...

Last Updated: 2009-08-02T17:53:40+05:30
"In the last few months the real estate market has undergone major changes. The slowdown that migrated from the US has got corrected in India now. The prices have got corrected. And whatever pent up demand was there in the market has started getting converted into business," Santosh ...

Last Updated: 2009-07-09T16:23:48+05:30

IREO, the global real estate giant, has plans for investing about $500 million in various infrastructure projects in India over 7 years. 
IREO, which has invested $1.5 billion in India, is already one of the largest investors in the country's real estate sector. 

"Having ...

Last Updated: 2009-06-16T11:42:50+05:30
According to the 8th Annual Global Retail Development Index (GRDI), revealed by consulting firm AT Kearney, Indian retail market is most attractive. India had claimed the top position amongst 30 countries. Vietnam had toppled India for the top spot in 2008. The onset of economic slowdown changed ...

Last Updated: 2009-06-09T17:45:55+05:30
Home sales in India are seeing an upward trend in some parts of the markets, but industry experts say recovery has some distance to go. Buyers in India are waiting for further price reduction.

Builders have resumed construction after a gap of almost one year and concentrating on cheaper projects ...

Last Updated: 2009-06-05T17:22:30+05:30
Tokyo has uprooted London for the world’s costliest office market space. Mumbai is at number 6, while Delhi is at number 12. This is according to the C B Richard Ellis’s (CBRE) report, which keeps track of cost of office occupancy in around 170 cities around the world.

Tokyo’s ...

Last Updated: 2009-05-19T12:37:43+05:30
Leading real estate developer, Parsvnath Developers Ltd has announced to develop a township project at Panipat in Haryana. As per a statement from Parsvnath Developers, the State Environment Impact Assessment Authority of Haryana has given the environmental clearance to the firm. The clearance will ...

Last Updated: 2009-05-10T09:54:02+05:30
Delhi-based real estate developer BPTP Ltd is likely to set up a 5-star hotel and office complex on the 22-acre plot of land in satellite town Noida. The real estate firm has retained the Noida plot after exiting the rest of the 95 acres it had won in an auction. The company has paid Rs 1,400 crore ...

Last Updated: 2009-03-09T12:45:47+05:30
In spite of the ongoing global slowdown, Kolkata based real-estate developer, Ambuja Realty plans to unveil three new real estate projects in West Bengal this year, a top company official says. The three real estate projects comprise a 150-room hotel, a mall and an IT park at Rajarhat on the ...

Last Updated: 2009-03-06T13:09:47+05:30
Leading realty company Parsvnath Developers Ltd on Thursday (March 5) launched a housing project called Parsvnath Royale Floors in Lucknow. The new housing project will offer houses ranging from Rs1.39 million to Rs 2.75 million. The company informed that an investment of Rs Rs.1 billion will be ...

Last Updated: 2008-12-16T12:38:46+05:30
India's biggest real estate developer, DLF has announced to invest Rs 15,000 crore (Rs 150 billion) over the next three years to develop various residential projects across the country. Interacting with the media, DLF Home Developers Vice President A Harikesh said that over the next three years the ...

Last Updated: 2008-09-19T14:29:06+05:30
The Alliance Group of Chennai, which owns the Real Estate Television, has decided to spend Rs one billion on it over the ensuring two years. The Real Estate TV is India's first 24x7 English channel dedicated to the reality sector. It got launched in July this year.  
 
The CEO of the ...

Last Updated: 2008-09-11T15:17:42+05:30
Omaxe, realty company, has declared that it has begun the construction of a township covering 336-acre at Patiala in Punjab. It added that it will be partnered by Patiala Development Authority (PDA) in this project that will see an investment of Rs 800 Crore. A formal statement was issued by Omaxe ...

Last Updated: 2008-08-20T17:46:33+05:30
Ansal Properties and Infrastructure, real estate major, declared on Wednesday, August 20 that it is going to spend Rs 3,600 Crore for developing a 270 acre special economic zone (SEZ) and parks across India. The Ansal Properties issued a statement, which informed that the proposed SEZ will comprise ...

Last Updated: 2008-08-08T16:15:18+05:30
The Tata sons’ fully owned subsidiary, Tata Housing Development Company Ltd. declared on Thursday, August 7, that it is foraying into the real estate market of North India by developing a 200 lakh square feet property. Speaking about its Gurgaon’s Raisina Residency project, Tata Housing ...

Last Updated: 2008-07-27T11:39:38+05:30
With the mall culture catching up fast on Indians, it was announced by the Suncity Projects on Saturday, July 26 that it is going to invest Rs 8000 Crore in order to create 10 retail malls across India in the coming six years. Suncity Projects Vice-President (Retail) Vijay Arora, said, ‘We ...

Last Updated: 2008-07-11T11:56:50+05:30
Global financial services firm, JP Morgan Chase has invested Rs 250 Crore in the Delhi based BPTP Limited, which is one of the fastest growing real estate companies in India. The real estate major, BPTP came into limelight after it purchased a 95-acre of prime commercial land at Noida for Rs 5,006 ...

Last Updated: 2008-06-22T11:07:30+05:30
Top realty firm, Parsvnath Developers by the end of this fiscal will open up 10 retail stores in different formats. The various formats of stores to be opened by the Parsvnath Developers include hypermarket, food joints (coffee and eateries), convenience stores and large formats. The firm is ...

Last Updated: 2008-05-19T13:27:06+05:30
India’s Reliance Industries has entered into one billion dollar collaboration with Vornado Realty Trust listed on the New York Stock Exchange, in order to establish a real estate fund for creating an array of mega malls and highway shopping centres in India not just for Reliance but also ...

Last Updated: 2008-05-02T17:37:36+05:30
Connaught Place will soon become another reason to hang around with your family and friends. Parsvnath Developers Limited (PDL) has announced that it will soon construct a luxury mall in one of the most happening places of Delhi. The company is planning to build the mall in a plot it has acquired ...






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