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Realty Bites Tech Hubs in Bangalore, Chennai

The stock of unoccupied properties with real estate developers in the main technology hubs of Bangalore and Chennai is mounting and indications are that their problems will only get worse as software...

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Commercial Development of Vacant Railway Land

The Ministry of Railways have set up Rail Land Development Authority (RLDA) by an amendment to Railways Act, 1989 (Amendment No. 47 of 2005) for commercial development of vacant railway land for...

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Audi plans to sell 1,200 units India in 2008

Considering the boom in the luxury car segment in the country, German car maker Audi said on Friday it expects to sell 1,200 units in India by the year. The company is also ready to start assembling...

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DLF Plans Multiplexes In Different Part Of Country

Chandigarh: DLF, a leading real estate player in the country, plans to invest Rs 1,250 crore for the development of its multiplex business. The company has planned to add minimum 500 screens in the...

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Real Estate Moves Towards Green Building Concept

As new government policies drive progress towards addressing climate change and other key environmental issues, the real estate markets around Asia and the world will change its look quickly and adopt...

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HC Order To DLF

After staying the construction of a shopping mall by the DLF in Chennai, the Madras High Court has ordered the real estate foremost to take away all temporary structures from the site. The First Bench,...

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JNB Will Open 50 Hotels Across The Country By 2015

US-based real estate management, investment and development consortium, JNB Investments LLC, has forayed into the Indian hospitality market, with plans to set up 50 hotels in the country by 2015. The...

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Indo-Rama Plans To Set Up 200 Retail Stores

Indo Rama Retail Holdings Pvt. Ltd, the retail venture of the promoters of Indo Rama Synthetics (India) Ltd will be setting up 200 stores across the country over the next three years. Announcing the...

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Demand Slow Down Strikes Office Space Market

With companies, particularly in the IT and BPO industry, holding back their expansion plans due to slowdown fears, the commercial real estate market posted a lackluster show in the 2nd quarter of 2008....

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PBEL City In Hyderabad Development Corridor

Mr Anand Reddy, Director of PBEL Property Development India Pvt Ltd, an Indo Israeli joint venture, poses with a model of PBEL City, a township comprising thirteen residential and two commercial towers...

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MPC Energy Buys Equity In Phoenix Mills SPVs

MPC Energy, a JV between Germany-based MPC Capital and Switzerland-based Synergy Asset Management, has invested Rs 1,300 Crore in the purchase of equity in special purpose vehicles floated by Phoenix...

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Government plans another package for real estate

Government is planning another round of home loan package to make purchase of a house within the reach of middle class. PSB announced a home loan rate-cuts for homebuyers, a week ago. But, it was found...

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PVP sells property to SRM

PVP Ventures has sold its 90- ground prime property at Vadapalani in Chennai to education group SRM for Rs 140 crore. The property developed over 90 grounds with a built-up space of 3 lakh square feet....

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Delhi is the most expensive city

India Real Estate LinkThe national capital has become the most expensive city in the country for expatriates. Comparing with other metro cities, New Delhi is ahead of Mumbai, Bangalore and Chennai....

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Real Estate of New generation

PropertywalaSome years ago, real estate was not supposed to be an industry. During property dealing, a fear always came in mind of getting deceived. It was supposed to be the cup of tea for  clever...

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Two million affordable houses required

Affordable housing is the only solution for the middle income indians. Most of the people are in search of affordable homes in metros particularly in delhi/ ncr, bangalore, chennai and pune. According...

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El Forge to sell Chennai property

The Chennai-based El Forge Ltd is selling its land at Thuraipakkam for ten crore rupees as part of its restructuring plan. The company, which made a loss of Rs 18 crore last year on a turnover of Rs...

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Mumbai expects highest residential space demand

Mumbai is expected to see the highest demand for residential space of approximately 16.40 lakh units due to the large scale urbanization. The mid-scale and affordable housing in suburban and...

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Demand of Commercial Property is Back

March 12, 2010 The conditions of commercial property are finally ameliorating. Both the retail space and office are back in demand. Although, the development in 2010 is most likely to occur in tier-1...

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Realty Expo By Times

May 1, 2010 ‘Your Gateway to India 2010‘ is the title of the realty expo organized for the first time by Times of India in USA. This expo is organized to give exposure to NRI Indians about the booming...

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