A top industry body Saturday underlined the need for developing and embracing low cost technologies to cater to the growing demand for affordable housing.
Lodha Group is looking at buying more properties in central London after picking up MacDonald House from Canadian govt in the city for over 300 million pounds (Rs 3,000 cr). Spurred by a Rs 3,000-crore acquisition of an iconic property in London, Lodha Group plans to expand presence in the region and cash on opportunities.
The property known as McDonald House is a stone’s throw from Buckingham Palace and will be converted into super-luxury residences.
Banks have seen a rise in the proportion of home loans above Rs 30 lakh in the past two years, reflecting the sharp increase in home prices over the past few years.
The issue resurfaced after BBMP officials visited the Wipro campus in Sarjapur seeking about Rs 16.47 crore in property taxes.
The fund, with a total tenure of 6 years including two extensions, will be Milestone’s eighth real estate fund and first since last two years. The 0.67-acre property, a stone’s throw from Buckingham Palace and known as McDonald House, will be converted into super-luxury residences for ultra-rich.
The final guidelines on the proposed real estate investment trusts will be issued soon.
RE/MAX India appointed Raj Koneru, as the Regional Franchisee Owner Rest of Tamil Nadu as part of identifying franchisess and agents all over TN.
Bombay High Court ruled that non-consenting members who are in a minority cannot stop redevelopment of housing society.
Owners of high-rise structures & hazardous industries in Gurgaon will be asked to submit a compliance report on safety measures to the district authority within 2 months.
Blackstone Real Estate Partners hold 35% stake in the real estate consultancy firm, while majority is held by founder and promoters of the company.
The residential property market in Mumbai is turning in favour of buyers with inventory levels rising and prices weakening.
Omaxe's promoters raised Rs 244 crore by selling shares through OFS route and funds would be infused into the company to boost growth.
Blackstone's appetite signals a maturing Indian market for rent yielding assets, mirroring a global trend where many iconic commercial buildings are now owned by financial investors.
DLF has over 27 million sqft of office space but could soon lose top slot to Blackstone, managing assets worth $200 billion globally.
The shortage of parking space has spawned several malpractices in developers’ projects. Find out about your legal rights.
Prime properties are still fetching good vale in this land-starved megapolis even as rentals are seem to be falling, going by the recent trend of landmark buildings.
It had achieved a sales bookings of Rs 908 crore during April-September of last fiscal, the national capital-based Omaxe said in a investors presentation.
The govt is likely to take a decision on Monday on relaxing FDI norms for the housing sector, including easing conditions for exit before the three- year lock-in period. The govt is likely to take a decision on Monday on relaxing FDI norms for the housing sector, including easing conditions for exit before the three- year lock-in period.
In April 2011, Atul Chordia, chairman of Panchshil Techpark, had admitted that Sule and her husband held 4% each in the company.
Real estate developer Puravankara Projects Ltd today announced its second luxury project 'Purva Amaiti' at Singanallur in Coimbatore.
Housing prices increased in 12 cities by up to 5.30 per cent, while it declined in 10 cities, including the national capital, by up to 7 per cent.
The changing consumer profile of the city's real estate market is reflected in the share of office space absorption by the non-IT sectors.
DDA had reduced minimum area requirement for farmhouses to 1 acre from 2.5 acres earlier, which is supposed to benefit 2,700 Delhi farmhouse owners.
Sun Apollo had invested Rs 235 crore in Keystone in May 2009 through Mausmi SA Investments and Mausmi Ventures.
Realty developers like Lodha Group, Oberoi Realty, Peninsula Land were among the players that had shown interest in acquiring the property for redeveloping it.
Weakness in the occupier market appears to be fairly broad based amongst the retail, office and industrial sectors.
Ascendas' current India funds include Singapore-listed Ascendas India Trust and Ascendas India Dev Trust, a pvt equity fund that is fully invested.
Designed by architect Joseph Allen Stein, Express Towers was also the first major building to be built on the reclaimed land of Nariman Point.
Heavy discounts offered by developers during the festive season that began in October did push the sales but only a little.
The firm said it has been awarded the contract by Raj Govt for constructing a housing project estimated to be Rs 51.65 crore.
The real estate sector in the country would need an investment of $ 257 billion by 2015, including Economic Weaker Section (EWS) housing.
Evacuee properties are those properties or land which fell vacant due to migration of families to Pakistan during partition.
The return on investment on residential properties through rentals in tier 1 cities in India is among the lowest in the world.
Ascertaining the title deed of the house you plan to buy is as important as verifying the building’s legal status and the developer’s credentials. Ascertaining the title deed of the house you plan to buy is as important as verifying the building’s legal status and the developer’s credentials.
A Cabinet note proposed easing conditions for exit of foreign players before the three-year lock-in period.
The policy announced by the Delhi Development Authority recently is aimed at freeing up land and ensuring infrastructure is in place. The policy announced by the Delhi Development Authority recently is aimed at freeing up land and ensuring infrastructure is in place.
Pirmal Group's real estate private equity firm Indiareit Fund Advisors today said it has raised Rs 800 crore capital through a scheme.
Parsvnath's business portfolio includes residential, commercial (office and retail), DMRC Projects, Hotels, SEZs and IT Parks.
The current slowdown in the Indian economy has impacted real estate. Apartment sales volumes have plummeted and inventories have piled up.
From choosing the right builder to ensuring that he is the actual owner of the land, there are many issues that you need to look into before committing your savings.
Decline in supply of additional office space is likely to put pressure on rental values in the coming quarters, even as the demand is expected to be moderate.
Entrepreneurs, retired industrialists and top executives are all looking to pick up a second home to get away from the hassles of city life. Tata Housing has launched a gated project in Kasauli in Himachal Pradesh which will have 70 villas spread across 24 acres.
The structured transaction is expected to give Aditya Birla Real Estate Fund an internal rate of return (IRR) of 22-24% over the next four years.