http://www.free-articles-zone.com Morenos en 07/12/2009 NEW DELHI: Playing on the simple economics of low margins-high volume, realty majors are now adding low-cost residential projects to their portfolio. Omaxe, DLF, Ansal API, Parsvnath, BPTP, et al are setting their eyes on the small and mid-income home buyer segment and lining up projects which will meet the aam aadmi’s need. http://www.free-articles-zone.com/article.php?id=128232 2008-03-19 Given its strategic location and development of infrastructure, Mohali is the city of the future and it would give a tough competition to Chandigarh in the years to come, feels Gursharan Batra, president of Chandigarh Overseas Private Limited, promoters of the Fashion Technology Park (FTP) in Sector 90 of Mohali. http://www.free-articles-zone.com/article.php?id=112787 2008-02-05 GREATER NODIA, INDIA-Trikona Capital has won approval to create a Special Economic Zone near Delhi, India, to develop a 76-acre mixed-use development. Trikona Capital has already invested $56 million in the Tech Oasis project, which will include 10 million sf of IT, residential and commercial space. http://www.free-articles-zone.com/article.php?id=111991 2008-02-01 With Himachal’s new BJP government showing positive inclination towards developing the much-needed infrastructure in the state’s industrial hub of Baddi-Barotiwala-Nalagarh, the hopes of the realtors regarding a boom in real estate sector have been revived. http://www.free-articles-zone.com/article.php?id=111065 2008-01-29 Emaar MGF Land Ltd., controlled by the Middle East’s biggest real estate developer by market value, started its initial public offering in India today amid the biggest plunge in equities in almost four years. http://www.free-articles-zone.com/article.php?id=110110 2008-01-24 Realty company Emaar MGF Land Limited (Emaar MGF) and Ranbaxy Group-promoted hospital chain Fortis Healthcare plan to form a joint venture to set up 25 hospitals across major cities in India, with an investment of Rs 1,200 crore. http://www.free-articles-zone.com/article.php?id=109188 2008-01-21 New Delhi: India’s largest life insurance firm, Life Insurance Corp. of India (LIC), on Wednesday said it plans to consolidate its real estate portfolio across the country. http://www.free-articles-zone.com/article.php?id=108301 2008-01-17 Emaar MGF Land Ltd., the joint venture between Dubai’s Emaar Properties and India’s MGF Group, announced that it will launch an initial public offering (IPO) to raise up to US $1.5bn for investment in the country’s booming real estate sector. http://www.free-articles-zone.com/article.php?id=107381 2008-01-14 Just as the knowledge sector such as IT, ITeS and bio-technology, the Indian construction industry, which is set to witness massive investments in the next five years, is also facing an acute shortage of skilled workforce. The construction industry in India is facing a huge shortage of manpower, especially those with skill-sets to sustain the burgeoning growth in infrastructure and housing sectors. http://www.free-articles-zone.com/article.php?id=106286 2008-01-10 Indiabulls Financial Services Ltd., India’s second biggest finance company by market value, plans to raise $1 billion selling shares overseas, the company said in a statement to the Bombay Stock Exchange. http://www.free-articles-zone.com/article.php?id=105587 2008-01-08 The Godrej group, which is one of the beneficiaries of the Urban Land Ceiling (Regulation) Act (Ulcra) being repealed, is looking at developing real estate at some of its factories in India. http://www.free-articles-zone.com/article.php?id=104482 2008-01-04 Phoenix Group plans to enter into the five-star deluxe business hotel segment with the first property coming up in Whitefield near Bangalore. The 160-room property on two acres is expected to open by end of 2008 at an investment of Rs 300 crore. It will have four F&B outlets, a 24-hour coffee shop and a high end bar. http://www.free-articles-zone.com/article.php?id=103811 2008-01-02 BANGALORE: With rising rentals eating into profit margins, retailers are preparing to fight back with a multi-pronged strategy that includes exiting malls, innovating with formats, opting for a revenue-sharing model with developers and stepping up focus on smaller towns. http://www.free-articles-zone.com/article.php?id=102989 2007-12-28 The entry of real estate funds in the already over-heated realty market is bound to cause quite a stir. A slew of real estate funds, promoted by Indian and foreign financial institutions, are scouring the real estate market for properties with assured returns to invest in. http://www.free-articles-zone.com/article.php?id=102438 2007-12-26 The Indian Real Estate market is considered the most exciting and constantly improving market in Asia. http://www.free-articles-zone.com/article.php?id=101128 2007-12-20 Our journey started in the bustling port city of Mumbai (Bombay), home to Asia’s oldest stock exchange. Then we moved on to visit high-tech campuses in Bangalore and Hyderabad. http://www.free-articles-zone.com/article.php?id=100404 2007-12-18 Sahara Infrastructure and Housing, India’s leading real estate company exhibited its flagship project ‘Sahara City Homes’ at Indian Property Show, Dubai. http://www.free-articles-zone.com/article.php?id=99353 2007-12-14 Goldman Sachs has amassed $2bn to use for property investments in Asia, a move likely to intensify competition for assets in fast-growing markets such as China and India. The bank has been a prominent investor in Japanese property for a decade, but has decided to allocate significant resources to real estate opportunities across the region. http://www.free-articles-zone.com/article.php?id=98002 2007-12-10 TOKYO, Nov 21 (Reuters) - Fortis Investments, the global assets management arm of the Fortis group, is eyeing Japan’s multi-billion dollar pension funds as key investors for its two new investment funds next year worth a combined $745 million, its real estate chief said on Wednesday. Fortis Investments, which has about 130 billion euros ($190 billion) in assets under management, will launch two new “funds of funds” — funds that hold a portfolio of other investment funds — focused on European and Asian property http://www.free-articles-zone.com/article.php?id=92841 2007-11-22 eal estate consultancy firm Jones Lang LaSalle Meghraj also agrees that there will be an oversupply within the next two years. The demand for high-end apartments is mostly investor-led and they currently comprise 60% of the total customer base. “Only 40% of buyers are actual end-users,” Sahel Pramendra, managing director, North India, Jones Lang LaSalle Meghraj, said. The growth of Gurgaon has largely been led by the demand for quality residential and commercial space near Delhi, and prices have tripled in as little as three years, making it an attractive investment for those looking for a quick gain. Gurgaon, often a measure of home prices in tonier Indian suburbs, has seen the development of many premium residential apartments with extra amenities such as swimming pools, acres of landscaping, private lifts and jogging tracks. According to DTZ, 25% of the existing and upcoming residential developments in Gurgaon are in the high-end residential segment. India’s largest developer DLF Ltd as well as other big developers such as Unitech Ltd, Emaar MGF Land Ltd, Parsvnath Developers Ltd have all developed or are developing high-end residential apartments in Gurgaon. The price of high-end spaces ranges from Rs2 crore to up to Rs10 crore, depending on the size and the amenities. DLF’s luxury home project, The Magnolias, has large centrally air-conditioned apartments which vary in size between 5,825 sq. ft and 10,000 sq. ft. Located inside the DLF golf course, the homes cost between Rs5 and Rs9 crore. http://www.free-articles-zone.com/article.php?id=90927 2007-11-15 As a true asset class, ideal for diversification as well as in optimising returns, Indian real estate made its mark from late 2006-2007. The lowest period in that respect was probably 1995. http://www.free-articles-zone.com/article.php?id=88257 2007-11-05 Tata Realty and Infrastructure, a wholly-owned subsidiary of Tata Sons, will raise $750 million (Rs 3,000 crore) to fund realty and infrastructure projects. The fund, which is expected to attract investment from insurance companies, pension funds, government entities and endowment funds, is expected to close in a fortnight. http://www.free-articles-zone.com/article.php?id=86420 2007-10-30 Real Estate giant DLF Universal Ltd is going to match Mukesh Ambani’s Reliance Industries Ltd in setting up a 20,000-acre multiproduct Special Economic Zone (SEZ) in Gurgaon. http://www.free-articles-zone.com/article.php?id=82468 2007-10-16 WestWestport Capital Partners LLC announced that it is developing a residential real estate complex in Hyderabad, India. Westport is working with a local development partner to build the project. Total development costs will be approximately $100 million.port provides domestic and international investment opportunities to institutional and private clients. Headquartered in Westport, CT, the firm also has offices in Los Angeles and Mumbai, India. http://www.free-articles-zone.com/article.php?id=82146 2007-10-15 Real estate major DLF is all set to extend its retail footprint to tier-II and tier-III cities. And for this the company is planning to invest around Rs 2,500 crore in setting up destination malls and shopping centres in these cities. http://www.free-articles-zone.com/article.php?id=81573 2007-10-12 Germany’s Fraport AG, Frankfurt Airport Services Worldwide, plans to adopt a multiple partner approach for airport projects in India. The company is also examining various airport projects with real-estate developer DLF Ltd. http://www.free-articles-zone.com/article.php?id=81238 2007-10-11 Peripheral Towns such as Hinjewadi near Pune and Manesar on the outskirts of the National Capital Region (NCR) are the new havens for real estate investors, who are trying to strike a balance between creaking infrastructure and rising costs. http://www.free-articles-zone.com/article.php?id=80906 2007-10-10 Global PE major Carlyle is eyeing a larger share of the booming realty business in India. The fund, one the largest private equity funds in the world with more than $75.6 billion of assets under management, is looking to make entity-level investments in real estate companies in India. http://www.free-articles-zone.com/article.php?id=80579 2007-10-09 Israeli firm Mivtach Real Estate, a subsidiary of investment company Mivtach Shamir, will invest about $13 million out of the total $30 million in Chennai real estate to construct offices, hotels and commercial centers. http://www.free-articles-zone.com/article.php?id=80265 2007-10-08 MUMBAI (AFP) — India’s Reliance Power Ltd announced on Wednesday it will spin off a 10.1 percent stake in an initial public offering that is expected to be the country’s biggest-ever IPO. http://www.free-articles-zone.com/article.php?id=79690 2007-10-05 NEW DELHI: High lending rates triggered by Reserve Bank’s tight monetary policy have tranquilized the country’s property market, but demand will surge once rates dip, real estate firm DLF Ltd’s Chairman K P Singh said on Tuesday. http://www.free-articles-zone.com/article.php?id=77921 2007-09-24 Two international property and hospitality funds — Starwood Capital and Walton Street Capital, both from the US — have joined hands with Hindustan Motors (HM), flagship company of the CK Birla group, and Chennai-based real estate developer Shriram Properties to develop HM’s excess land in West Bengal. http://www.free-articles-zone.com/article.php?id=77420 2007-09-21 Maharashtra’s second capital, Nagpur off late has been in the news for the tremors being created by booming Real Estate. http://www.free-articles-zone.com/article.php?id=76895 2007-09-19 Real estate pundits on Thursday said the sector is set to witness an impressive growth in the coming years as India has a shortfall of 24.7 million housing units. http://www.free-articles-zone.com/article.php?id=76234 2007-09-17 Concerned over the unbridled growth of apartments following the entry of the private players in the housing sector, the town and country planning department has framed comprehensive regulations to discourage new structures along the main highways and on steep hill slopes. http://www.free-articles-zone.com/article.php?id=75220 2007-09-12 The Reserve Bank of India has said continued defaults in the US housing loan market pose a risk to India, whose capital market has already taken a hit on fears of the credit crisis spreading to other economies. http://www.free-articles-zone.com/article.php?id=74709 2007-09-10 Patiala is all set to have first shopping mall. The shopping mall that is likely to completed by April next year would have 150 shops, three food courts, a 50 -room hotel with swimming pool, a banquet hall and four screen multiplex cinema hall. http://www.free-articles-zone.com/article.php?id=73868 2007-09-06 DLF unveils its first IT SEZ in Mihan, Nagpur. DLF, the real estate major, is developing state of the art, world-class facilities in Nagpur, Maharashtra on 140 acres of land. This is the second IT SEZ project in the state and will be followed by projects in other cities in Maharashtra. http://www.free-articles-zone.com/article.php?id=73077 2007-09-03 HDFC has announced the closing of its $800 million (Rs 3,280 crore) sponsored international real-estate fund, making it one of the country’s largest international real estate funds. The nine-year close-ended fund — HIREF International LLC — open for subscription from only foreign investors was privately placed with 28 investors. http://www.free-articles-zone.com/article.php?id=72566 2007-08-31 Kunal Banerji, President, Marketing & Corporate Communications is leading an Ansal API team to USA for a seminar on real estate investment opportunities in India. The seminar will be in Chicago (August 26), New Jersey (August 28) and Toronto, Canada (August 29). http://www.free-articles-zone.com/article.php?id=72073 2007-08-29 NEW DELHI: High property prices and spiralling interest rates are holding back many developers and hospitality funds from writing big cheques for hotel projects in India. Instead, private equity (PE) funds are focusing on other developing markets like Vietnam, Malaysia and Thailand. http://www.free-articles-zone.com/article.php?id=70941 2007-08-23 Coimbatore, popularly known as Manchester of South India, is known for its salubrious climate, the sweet water of Siruvani river and the entrepreneurship of its people. But some more reasons why Coimbatore is the preferred choice to many are: a bright and booming textile sector, engineering hub and plans of major IT players to start operations here. Along with this comes the demand for more residential units, commercial spaces and entertainment avenues, not to forget infrastructure facilities, such as better roads and transport systems, hotels and convention halls. http://www.free-articles-zone.com/article.php?id=70310 2007-08-21 Singapore-based Ascendus India Trust has scored a major first by launching the first ever initial public offering (IPO) which raised funds on the Singapore Stock Exchange with the aim of owning real estate in India. http://www.free-articles-zone.com/article.php?id=69561 2007-08-17 The booming real estate market has caught the fancy of foreign investors and they have raised their stake in a majority of realty firms listed on the bourses. However, some analysts believe these stocks are among the most expensive in the world. http://www.free-articles-zone.com/article.php?id=68906 2007-08-14 The budget proposal of 2007-2008 states that service tax will now be levied on the rent received from the leasing of commercial properties at 12.36%. The imposition of this tax is a step towards broadening the scope of service tax, and imposing extra taxes on real estate. The flip side of the coin reveals a benefit, which is enhanced transparency in the transactions made during the buying and selling of properties. http://www.free-articles-zone.com/article.php?id=68084 2007-08-10 One major issue that has been in the headlines during the last several months is the controversial issue of Special Economic Zones (SEZs). The whole SEZ matter has taken a very ugly shape acquiring Maoist and Naxalite flavour which is very indicative from the happenings of Kalinga Nagar, Singur and Nandigram. The innocent people dying between the clash of so called economic/industrial development and the farmers for survival. http://www.free-articles-zone.com/article.php?id=67800 2007-08-09 Now owning your dream home in Bangalore’s Royal Garden Villas & Resort has become easier. Surrounded by the lush green landscape of north Bangalore, with the Nandi Hills framing the skyline, Royal Garden Villas & Resort helps you escape from the madding crowd of city life and take refuge in a world of peace and elegance with all modern amenities. http://www.free-articles-zone.com/article.php?id=67285 2007-08-07 Real estate stocks in India are the most expensive in the world even as they give lower returns than most of the emerging as well as developed markets including China, Singapore, Hong Kong and Australia. http://www.free-articles-zone.com/article.php?id=66513 2007-08-03 Foreign investors are once again queuing up to pour money into India’s red hot property market, with the government relaxing some of the norms. At least half-a-dozen deals worth $1billion are being finalised by Citigroup, Deutsche Bank, The Carlyle Group and Blackstone, among others, with unlisted real estate companies, as pre-initial public offering (IPO) placement. http://www.free-articles-zone.com/article.php?id=65812 2007-08-01 After speculating for months, realty giant DLF Ltd. is taking the plunge, announcing its entrance into Gujarat with plans to build a Rs. 850-crore 25-acre IT SEZ in Gandhinagar opposite Infocity. http://www.free-articles-zone.com/article.php?id=65570 2007-07-31 Hindustan Unilever (HUL), consumer products heavyweight has begun selling its real estate assets across the country, and has even put its landmark Mumbai head office on the market. http://www.free-articles-zone.com/article.php?id=64715 2007-07-26 Unchecked speculation in Northern India may have resulted in land price correction, however, other parts of the country have yet to witness a land price scale down. One way to ensure it, is by increasing land suppy, which presently constitutes 50% of total project cost, and is largely responsible for the high cost of land. At a recent Real Estate Conference organized by Confederation of Indian Industry (CII ), the general consensus was that increasing land supply was the key to affordable housing. http://www.free-articles-zone.com/article.php?id=63904 2007-07-23 Just recently, Hirco Plc, the real estate investment arm of the Hiranandani Group, announced plans to invest over Rs. 1,000-crore (28.4-million pounds) in a commercial township development project that is scheduled to come up near Mumbai. http://www.free-articles-zone.com/article.php?id=63928 2007-07-23 Realty firms, such as, Nagarjuna construction, Bhagyanagar Industries, GS Realtors, including a group of overseas investors are in the race to pick up a slice of Hyderabad Stock Exchange (HSE), as it has kick-started its de-mutualisation process. According to stock exchange sources, big realty majors, such as, DLF and Reliance Retail have also evinced interest in staking a HSE claim. http://www.free-articles-zone.com/article.php?id=63170 2007-07-19 Mumbai Real Estate: As Ever, Tres Cher, Only For The Rich And Famous Or The Gore, Gore Banke Choras. http://www.free-articles-zone.com/article.php?id=62428 2007-07-16 New York-based fund, Berggruen Holdings, which manages proprietary capital worth over $1.5 billion, plans to invest over $300 million in India over the next three years in hospitality, real estate, education, car rental, construction equipment leasing and logistics businesses. http://www.free-articles-zone.com/article.php?id=62308 2007-07-11 Introduction of circle rates has been hanging fire for nearly a year now, however, tomorrow may see the Delhi cabinet come to a decision on the proposed rates, meant to stem ‘black money’ property transactions. http://www.free-articles-zone.com/article.php?id=61781 2007-07-09 MIDC, the Maharashtra government’s industrial infrastructure arm is to jointly develop an integrated township with Vorando Reality Trust, the New York-based realty firm at Hinjewadi, on the outskirts of Pune. http://www.free-articles-zone.com/article.php?id=60131 2007-07-02 As part of its expansion strategy, the next two years will see Niranjan Hiranandani Group, a Mumbai-based realty firm focus on township developments on the peripheries of Tier I and Tier II cities. http://www.free-articles-zone.com/article.php?id=59211 2007-06-27 Targeting activities with controlled risks in growing sectors like real estate, three Middle Eastern financial institutions, namely Khaleej Finance and Investment (KFI) from Bahrain, Kuwait Investment Company (KIC) and Kuwait Finance House (KFH)-Baytak are promoting a US $200-million Sharia compliant fund for investing in Indian. http://www.free-articles-zone.com/article.php?id=58211 2007-06-22 Indian Real Estate: German Precision For Indianbulls Indiabulls Real Estate and Zublin International GmbH, a subsidiary of Strabag SE, have put their signatures on a Memorandum of Understanding, for joint work on large infrastructure development projects in India. http://www.free-articles-zone.com/article.php?id=57658 2007-06-20 In a report recently released by Jones Lang LaSalle confirms, Tier III cities of Chandigarh, Kochi, Ahmedabad, Jaipur and Nagpur are fast emerging as the top three IT / ITeS commercial real estate destinations in India. According to the report, Wipro, Satyam, Infosys, IBM, Microsoft, Genpact, Dell are some of the IT / ITeS firms that already have a presence in a number of Tier III cities across India. http://www.free-articles-zone.com/article.php?id=57189 2007-06-18 The holy city of Amritsar has seen property prices drastically slashed due to the Sikh Dera Sacha Sauda conflict. Sectarian tension is taking toll of Amritsar’s booming tourism industry, just when it is the peak of the tourist season. http://www.free-articles-zone.com/article.php?id=56018 2007-06-12 Indiabulls Real Estate said on Wednesday that Indiabulls Industrial Infrastructure, a wholly-owned subsidiary of the company focused on development of large scale infrastructure projects, received a formal approval from department of commerce (SEZ Section), government of India, for development of a multi-product special economic zone (SEZ) in the Nashik district in Maharashtra. http://www.free-articles-zone.com/article.php?id=55243 2007-06-08 Leading outsourcing and technology firm Xansa said on 29 May it has entered into an agreement with Alpha Tiger Property Trust Ltd for sale and leaseback of the company’s real estate interests in India for Rs190.87 crore (about 35 million Euro). http://www.free-articles-zone.com/article.php?id=54805 2007-06-06 Godrej Properties, the real estate arm of the Rs. 7,500-crore Godrej group, is reliably learnt to be in talks with private equity investors, hoping to raise Rs. 200-crore for its Hyderabad and Kolkata realty projects, as it seeks to dilute 49% of its stake in both projects to Private Equity investors. http://www.free-articles-zone.com/article.php?id=54025 2007-06-01 The new addresses of Jammu are Greater Kailash, Sainik Colony and Chhanni, the townships that are emerging fast as the new destinations, growing parallel to the 30-year-old established posh colonies of Gandhi Nagar, Shastri Nagar and Trikuta Nagar. http://www.free-articles-zone.com/article.php?id=53590 2007-05-30 The government is having a relook at the policy governing the pre-initial public offer sale of shares by real estate companies to foreign investors. http://www.free-articles-zone.com/article.php?id=52706 2007-05-24 Indian Real Estate: J.P. Morgan Invests $97.6-Million In Indian Residential Project http://www.free-articles-zone.com/article.php?id=52432 2007-05-23 Expertise and real estate developers brand names are attracting a number of farmers, businessmen and landowners to part with their lands for viable commercial deals. http://www.free-articles-zone.com/article.php?id=51495 2007-05-18 TECHNOLOGY services and BPO firm Syntel Ltd has received government approval for its 40-acre IT Special Economic Zone (SEZ) at Pune. http://www.free-articles-zone.com/article.php?id=50994 2007-05-16 Himachal Pradesh has registered Rs 850 crore investment in real estate sector during last financial year said state Housing Minister Harsh Mahajan while addressing a function in New Delhi. http://www.free-articles-zone.com/article.php?id=50670 2007-05-14 Ansal Properties & Infrastructure Ltd has announced that a Memorandum of Understanding (MOU) / Term Sheet has been entered between the Company and Deyaar Development PSC, a real estate Company in UAE, with head quarters in Dubai, (in short Deyaar), for developing a mega mixed use township comprising of residential, commercial, institutional and industrial properties in India. http://www.free-articles-zone.com/article.php?id=50168 2007-05-10 The recession in the sale of the apartments notwithstanding, freehold commercial property is still plotting a success story on Chandigarh’s periphery. With the apartment culture of the metros yet to take a foothold in the periphery, freehold property — commercial and residential —continues to catch the fancy of the investors and the end-users. http://www.free-articles-zone.com/article.php?id=49831 2007-05-08 Kotak Realty Funds is raising $350-million for property joint venture projects in India and stakes in developer projects, to help the latter, who have witnesses a narrowing of their fund sources. http://www.free-articles-zone.com/article.php?id=49099 2007-05-02 US-based investment bank and global financial services giant Lehman Brothers is close to making its first major investment in India. The fund is looking to invest nearly $ 80 million in a Bangalore-based 404 hectare research and development SEZ Gandhi City. ILFS Investment Managers, the private equity arm of IL&FS, is also looking to co-invest $20 million in the SEZ along with Lehman Brothers. http://www.free-articles-zone.com/article.php?id=48872 2007-04-30 Eighteen months after opening its first store in India, Esprit is all set to accelerate its growth plans for India. http://www.free-articles-zone.com/article.php?id=48241 2007-04-25 The Videocon Group Friday announced plans to set up two Special Economic Zones (SEZs) in the state as well as a fabrication laboratory for semiconductor technology near Kolkata in West Bengal. http://www.free-articles-zone.com/article.php?id=47862 2007-04-23 Sternon Group, Dubai-based real estate developers, builders and promoters, has entered Mumbai’s booming real estate market with a Rs1,200 crore mega-project on the Mumbai-Pune Express Highway near the proposed New Mumbai International Airport in Panvel. http://www.free-articles-zone.com/article.php?id=47863 2007-04-23 Much of the public criticism of SEZs has been centered on the land acquisition processes. The central issue here is not the quantum of compensation or rehabilitation and resettlement. The real issue is whether state power should be used to promote private profit. But in all fairness some of the big players are relying on commercial acquisition, giving the land holders an equity stake in the project and ensuring jobs for the displaced persons. http://www.free-articles-zone.com/article.php?id=45942 2007-04-09 Wenning Jung has joined Franklin Templeton Real Estate Advisors in California to lead the team’s Asia business. She joins from the California Public Employee’s Retirement System (Calpers), the largest public pension fund in the United States, where she had served as an investment officer in its real-estate department. http://www.free-articles-zone.com/article.php?id=45943 2007-04-09 The Punjab and Haryana High Court’s stay order on land dispossession of farmers in Phase-III of the Rajiv Gandhi Chandigarh Technology Park (RGCTP) in Kisangarh has placed a dampener on the spirits of Chandigarh Administration and IT players alike. http://www.free-articles-zone.com/article.php?id=45485 2007-04-04 In order to prevail over some of the barriers to large-scale investments in the manufacturing sector, the Indian government enacted a Special Economic Zones (SEZ) law in February 2006 which covers issues pertaining to establishment, operation and fiscal oversight. http://www.free-articles-zone.com/article.php?id=44968 2007-03-31 This year, South and Central Mumbai are expected to witness a fair amount of premium residential projects, as extensive construction activity gets underway for developing condominium style residential colonies that offer state-of-the-art amenities and will be ready for occupation, within the next 12-18 months. http://www.free-articles-zone.com/article.php?id=44969 2007-03-31 Individual investors may no longer be able to invest in real estate through the venture fund route. Real estate venture capital funds have put new domestic funds on hold after being brought under the tax net in the budget. This could leave Indian individual investors with no choice but to enter the property market directly reports CNBC-TV18. http://www.free-articles-zone.com/article.php?id=44970 2007-03-31 Known as a tourists’ paradise and the fifth most-liked tourist destination in the world, Goa is witnessing a holiday real estate boom, courtesy, the fast progressing Indian economy which has enabled a lot of professionals in cities to have a high purchasing power. http://www.free-articles-zone.com/article.php?id=43421 2007-03-21 Indian Real Estate: Going Dutch With ABN-Amro As foreign investments in Indian real estate pours in, we have Netherlands ABN-Amro Mutual Fund filing with the capital markets regulator, Securities & Exchange Board of India (SEBI), in the interest of a scheme that will invest in real estate and leading property firms across the globe. http://www.free-articles-zone.com/article.php?id=43422 2007-03-21 There’s a new breed of high-networth individuals (HNIs) in India Inc — farmers selling land for SEZ-notified projects. In an effort to woo such HNI customers, private banks like HDFC Bank and ICICI are reportedly keeping a close watch on their transactions on a regular basis. The moment a significant land deal is struck, the banks’ investment advisors rush to the new HNIs to sell a portfolio of wealth management services. http://www.free-articles-zone.com/article.php?id=42486 2007-03-15 The two recent big ticket deals witnessed in this southern city have put Chennai on the radar of foreign real estate funds and large developers. http://www.free-articles-zone.com/article.php?id=42489 2007-03-15 India’s expatriate diaspora population that is estimated at over 12 million in the Middle East, to address their growing demand to re-settle in their homeland, MagicBricks.com, India’s No.1 Property Portal is organizing the MagicBricks.com India’s Property Fair in Dubai on March 9th and 10th, 2007 at the Jumeirah Ball Room, Hotel Crown Plaza. http://www.free-articles-zone.com/article.php?id=41743 2007-03-10 Just 16-km. from Nashik is a charming little town that comprises of an Army Cantonment & Artillery Centre, complete with serene ambience and agreeable weather, come monsoon rains or winter cold, Deolali makes for a perfect getaway. http://www.free-articles-zone.com/article.php?id=41744 2007-03-10 Whatever, could a mall in Ahmedabad, or an office complex in Hyderabad, and say a residential township in Baroda have in common? Simple, the answer to all three is that have all been built courtesy of funds put together by rich Non-Resident Indians. http://www.free-articles-zone.com/article.php?id=41180 2007-03-06 Better late than never. Even as most of the big industrial houses have set up their realty funds to invest in India’s hottest business - real estate, India’s oldest and largest industrial house, the Tata group has now suddenly woken up to the opportunity. It has decided to throw in its hat in the ring with a staggering corpus of Rs 4500 crore. http://www.free-articles-zone.com/article.php?id=41184 2007-03-06 Prasad V. Potluri, an NRI serial entrepreneur with a considerable appetite for deal making has agreed to take complete control of Chennai-based real estate company SSI, in a deal valued at Rs. 900 – 1,000-crore. http://www.free-articles-zone.com/article.php?id=40475 2007-02-28 When US consular officials in Mumbai bought a chunk of real estate for a new building in the city’s then cheaper midtown area four years ago, they thought their troubles were finally over. http://www.free-articles-zone.com/article.php?id=40481 2007-02-28 One of the roadbocks for the rollout of real estate mutual funds (REMF) in India may soon be cleared. Market watchdog Sebi is considering a proposal to address the contentious issue of disclosure of net asset value (NAV) of REMFs. http://www.free-articles-zone.com/article.php?id=39843 2007-02-23 Special economic zones (SEZs) might be coming in for flak from more quarters than one, but their popularity among foreign investors is growing. The latest to join the long list of such investors is Soros group which has expressed interest to invest in SEZs in the country. http://www.free-articles-zone.com/article.php?id=39586 2007-02-21 Ever since City Industrial Development Corporation, (CIDCO), established the world’s first planned city in the 1990s, property in Navi Mumbai so far, has been more affordable. With a pleasant neighbourhood and good infrastructure, it all is the result of years of steady residential and commercial development in the area. http://www.free-articles-zone.com/article.php?id=39349 2007-02-19 One suburb giving Bandra a run for its money as Queen of the Suburbs, is Mulund that not only has Mumbai’s biggest five-star hotel coming up here, but is also home to many upscale residential towers that are multiplying fast, and as real estate rates boom, its handful of ever-crowded glitzy shopping malls boast of more lounge bars and watering holes continue to increase their numbers. http://www.free-articles-zone.com/article.php?id=39350 2007-02-19 The state-run National Textile Corporation (NTC) has decided to put four more mills in central Mumbai up for auction, a move that could push real estate prices through the roof. http://www.free-articles-zone.com/article.php?id=38770 2007-02-14 Dunlop India has valued its real estate assets at over Rs 900 crore, paving the way for the company to come out of the Board of Industrial and Financial Reconstruction (BIFR). http://www.free-articles-zone.com/article.php?id=38513 2007-02-12 Md.-based Monsoon Capital held a soft close on its Monsoon India Inflection Fund, Monsoon India Inflection Fund II and Cayman Islands-domiciled Monsoon India Inflection Cayman Fund on Jan. 1. The funds, which raised a total of $600 million, will close to existing investors in March with some $700 million. http://www.free-articles-zone.com/article.php?id=38142 2007-02-08 http://www.free-articles-zone.com/article.php?id=38143 2007-02-08 More than 30 builders from across India will take part in a major property exhibition in Bahrain later this week. The three-day event, Homes of India, is aimed at non-resident Indians (NRIs) living in the Gulf. http://www.free-articles-zone.com/article.php?id=37208 2007-01-30 SUN-Apollo Ventures Limited has announced the closing of the $630 million SUN-Apollo India Real Estate Fund LLC, which will pursue real estate development and investment opportunities in India. SUN-Apollo Ventures is a joint venture between the SUN Group, a leading Indian business and investment group principally owned by the Khemka family with operations predominantly focused on India and the countries of the Former Soviet Union (”FSU”), and Apollo Real Estate Advisors, one of the most active global real estate investors and fund managers. http://www.free-articles-zone.com/article.php?id=36895 2007-01-27 Sky-rocketing real estate prices in the Tri-city area has made owning property out of reach of the common man, thus making way for apartment culture in Chandigarh, Mohali and Panchkula. http://www.free-articles-zone.com/article.php?id=36435 2007-01-23 In the largest private equity deal won by the real estate sector, Morgan Stanley Real Estate has invested Rs. 675-crore in Mumbai-based Oberoi Constructions for an undisclosed stake in the firm’s real estate projects. When it was reported in September 2006 that Oberoi Constructions was raising private equity from Morgan Stanley Real Estate Fund, a total of fourteen funds put in a bid for the stake, including Blackstone, Carlyle and GE, among others. http://www.free-articles-zone.com/article.php?id=36231 2007-01-20 For too long, buying a house for the citizens of India has implied gambling their life’s savings on shady real estate agent deals. However, a Bill being finalised by the government could change all that, even as it brings greater transparency and honesty in to the realty sector. http://www.free-articles-zone.com/article.php?id=35914 2007-01-17 In the twists and turns of the nation’s real estate boom, big city builders are going national, while local brokers are turning into developers. http://www.free-articles-zone.com/article.php?id=35673 2007-01-15 DSP Merrill Lynch has appointed Nipun Sahni director and head of India global commercial real estate. Sahni’s will be responsible for the firm’s real estate principal investments in the country, based in Mumbai. http://www.free-articles-zone.com/article.php?id=35454 2007-01-12 The three primary segments of real estate development in India, with a focus on demand for residential, commercial and retail use is reported to be sustaining a strong growth in the realty sector, till at least the year 2010. http://www.free-articles-zone.com/article.php?id=35241 2007-01-10 Year 2006 has been a fantastic year for the real estate sector. Most stakeholders emerged as winners. Riding on the back of exceptional economic performance and future expectations, Indian realty has had an extraordinary run. http://www.free-articles-zone.com/article.php?id=35010 2007-01-08 The Chadha group, promoted by liquor baron Ponty Chadha, plans major expansion of real estate business across North India. The group plans to invest Rs 3,000 crore over the next two years to start a number of residential and commercial projects in various cities of Punjab, Uttar Pradesh and Uttaranchal. http://www.free-articles-zone.com/article.php?id=34685 2007-01-04 DUBAI — Dubai-based asset management firm, Signature Group, is on the verge of launching several real estate funds for investment in the UAE and India, totalling in excess of $650 million. http://www.free-articles-zone.com/article.php?id=34346 2006-12-29 Bangalore is the original IT destination of India and still the best bet for any investor contemplating investments in the IT sector. Its burgeoning contribution to the IT sector has made the city synonymous to the industry itself. http://www.free-articles-zone.com/article.php?id=34147 2006-12-26 What is the first thing non-resident Gujaratis (NRG), whether UK or USA-based non-resident doing when they set foot in Gujarat? Like Prakash Patel, who after he setting foot in Bardoli, barely a fortnight ago, invested Rs. 35-lakhs in a Radha Baug plot of land. http://www.free-articles-zone.com/article.php?id=33957 2006-12-22 Amid the frenzy of real estate deals, Citi, the world’s largest financial services group, has quietly sewed up half-a-dozen property deals worth over $400 million in the past few weeks. http://www.free-articles-zone.com/article.php?id=33523 2006-12-18 Constructions costs have escalated significantly in Punjab over the last year, in step with booming real estate prices. http://www.free-articles-zone.com/article.php?id=33520 2006-12-18 Indian Real Estate: Inner Cities Attract High-Powered Investment http://www.free-articles-zone.com/article.php?id=33516 2006-12-18 Major industrial groups, including Reliance industries, have lined up to buy or rent space at major malls being set up in the holy city. The Reliance group, which has recently ventured into retail segment, has shown keen interest to set up shop for its large retail stores. This would be the first retail store by a leading company in Punjab. http://www.free-articles-zone.com/article.php?id=33287 2006-12-15 The Special Economic Zones (SEZs) are coming up all over the country after the big tax breaks announced for both developers and export units in such zones. The new SEZ Act 2005 has prompted 45 new projects worth over Rs 1.5 lakh crore in investment. Mahindra World City in its new avatar house three SEZs? Auto, apparel and IT? http://www.free-articles-zone.com/article.php?id=33205 2006-12-14 SEZs have become the most talked about in the Indian economic circles, its lack of clear policy has provoked strong opposition from leftist political parties, activists, farmers groups, economists and urban planners. http://www.free-articles-zone.com/article.php?id=32418 2006-12-06 Foreign institutional investors (FIIs) and real estate funds are bullish about India’s fast growing real estate sector. They propose to bring in fresh investments to the tune of Rs 30,000 crore in the residential property market in Tier-II cities by the end of 2008. http://www.free-articles-zone.com/article.php?id=32345 2006-12-05 The Indian organised retailing story is no longer limited to Tier I cities. The retail vehemence has entered Tier II and III cities in the country according to real estate services firm Jones Lang LaSalle (JLL). The firm also expects retail supply to be created in SEZs as well as for mall developers to adopt a revenue sharing moderl with retailers. http://www.free-articles-zone.com/article.php?id=32206 2006-12-01 The Reserve Bank of India is reviewing banks’ exposure to the commercial real estate sector. http://www.free-articles-zone.com/article.php?id=31679 2006-11-24 After a brief lull, the realty sector is once again in an uproar! Initially, Chandigarh and its periphery were the best investment options, however, skyrocketing property prices in the area has investors looking, further beyond the Silver City. No longer, do they mind going as far as Ambala for the purpose of investment, as the city is fast emerging as Haryana’s business and development hub. http://www.free-articles-zone.com/article.php?id=31539 2006-11-22 Fraser & Neave (F&N), a Singapore-based consumer-to-real estate behemoth is planning a foray into the booming Indian real estate market. http://www.free-articles-zone.com/article.php?id=31398 2006-11-20 Faridabad a major industrial city and population center in Haryana state, northern India. http://www.free-articles-zone.com/article.php?id=31399 2006-11-20 Funds are thriving and fund action continues unabated in India’s booming real estate market. http://www.free-articles-zone.com/article.php?id=31409 2006-11-20 Lutyens Delhi Khan Market is India’s new elite high street, and has emerged as the most expensive retail location, within India. http://www.free-articles-zone.com/article.php?id=30602 2006-11-10 Agra is a medieval city on the banks of the Yamuna River in India. It was founded by Sultan Sikandar Lodi in the year 1506. It lies currently in the Indian state of Uttar Pradesh. http://www.free-articles-zone.com/article.php?id=30289 2006-11-08 Gurgaon is a city in the northern Indian state of Haryana, and has a population of about 1,000,000 according to the 2001 national census. Gurgaon is one of Delhi’s four major satellite cities. http://www.free-articles-zone.com/article.php?id=30291 2006-11-08 Commercial real estate sector is in boom in India. After liberalization of the economy, Indian real estate business took an upturn in the last fifteen years. http://www.free-articles-zone.com/article.php?id=29455 2006-11-01 Sources confirm, leading American investment banker, Goldman Sachs is likely to ink a deal with real estate major DLF, investing close to Rs. 1,000-crore in the firm. http://www.free-articles-zone.com/article.php?id=28866 2006-10-27 The Indian economy has witnessed pivotal changes in the last 15 years. Consequently all industrial sectors have felt the influences and after-effects of this dynamic activity. http://www.free-articles-zone.com/article.php?id=28867 2006-10-27 HONG KONG India will have at least 50 property-related initial public offerings in the next year as the real estate industry booms, according to Anish Jhaveri, the head of equity sales at HSBC Holdings in India. http://www.free-articles-zone.com/article.php?id=28561 2006-10-25 The Chandigarh administration in an attempt to put a check on transfer of property as it has been done in Himachal Pradesh so as to prevent the loss of revenue, artificial boom created by the dealers and the investors and also to plug other malpractices, is laying stress on the use Power Of Attorney (POA). http://www.free-articles-zone.com/article.php?id=28051 2006-10-20 NEW DELHI: Though most big ticket real estate developers are bullish about foreign investments in the sector, they are apprehensive that if the area cap for a project to be FDI-compliant is reduced to proposed limits, a large scale demand for land in Tier II and Tier III cities may be triggered, leading to further escalation of land prices. http://www.free-articles-zone.com/article.php?id=27835 2006-10-18 In topical moment, there has been an ascent in society and builder flats. The value of the flats range from stumpily priced ones starting from Rs 3 lakhs to porshce flats priced up to Rs 2 crores. http://www.free-articles-zone.com/article.php?id=27421 2006-10-14 A Real Estate Consultant facilitates your home search, while you initiate looking into the housing market. http://www.free-articles-zone.com/article.php?id=27051 2006-10-11 Unitech, the New Delhi-based national construction company which derives a large proportion of its revenues from real-estate development and construction including both residential and commercial has tied up with a local developer, Bajwa Developers Pvt Ltd in the Kharar residential project for flats under the name, Sunny Enclave. http://www.free-articles-zone.com/article.php?id=26905 2006-10-10 With the non-equity strategic tie up with Fortis’ private banking arm MeesPierson, ICICI Bank became the first Indian bank to offer global wealth management solutions to its clients in India and abroad. http://www.free-articles-zone.com/article.php?id=26401 2006-10-05 With the stock market in India refusing to let go off it’s off its bullish stance, Indian real estate markets are setting new trends as property prices soar, most particularly, in New Delhi. http://www.free-articles-zone.com/article.php?id=26204 2006-10-03 MUMBAI: Mumbai’s property prices have soared 100% in the past 12 months despite a crumbling infrastructure, crater-filled roads, the bomb blasts and the declining quality of public services. http://www.free-articles-zone.com/article.php?id=25488 2006-09-26 Prices of properties in noida are increasing very rapidly year by year. Bus at the shelter doesnot affects the speed of other traffic plying on the main road. http://www.free-articles-zone.com/article.php?id=25132 2006-09-22 MUMBAI: BSES House, the famous landmark in Mumbai’s western suburbs and the headquarters of Reliance Energy (REL), will soon make way for a swanky business centre, probably an IT park. http://www.free-articles-zone.com/article.php?id=24667 2006-09-18 It’s a veritable Gold Rush in Navi Mumbai with investors, speculators and eternal optimists rushing in to buy land. http://www.free-articles-zone.com/article.php?id=24304 2006-09-14 An exclusive index, NHB Residex, for residential property prices is being developed to bring transparency in property deals, says NHB Chairman S.Sridhar. http://www.free-articles-zone.com/article.php?id=24032 2006-09-11 PUNE: Investors who buy property in Maharashtra will have to compulsorily quote their permanent account numbers (PAN) if they use the e-stamping facility and pay a stamp duty of over Rs 25,000 on a single transaction. This may well become the norm in other states that introduce e-stamping. http://www.free-articles-zone.com/article.php?id=23808 2006-09-08 India is a promising investment option for investors. Indian property sale market includes lands, land services, commercial real estate to residential property. http://www.free-articles-zone.com/article.php?id=23648 2006-09-06 With the Indian realty experiencing unprecedented growth, Middle Eastern investors are gradually shifting operations to the subcontinent. http://www.free-articles-zone.com/article.php?id=23481 2006-09-04 India is currently suffering from a deficit of between 80 - 100 million housing units and the country’s government have realised that foreign direct investment into the property sector is key to solving this strategic issue and to further boosting the country’s growing economy over the longer term. http://www.free-articles-zone.com/article.php?id=22729 2006-08-25 Infosys Technologies today announced that it wishes to expand its presence in Hyderabad in 550 acres of land. The Government of Andhra Pradesh has already identified 150 acres for Infosys and the balance of 400 acres will be identified in the near future. http://www.free-articles-zone.com/article.php?id=22522 2006-08-23 The relatively small Indian real estate capital market has grown remarkably, especially in terms of private equity and debt segments, despite significant inherent risks involved, says a Deutsche Bank research report. http://www.free-articles-zone.com/article.php?id=22318 2006-08-21 Real estate agents trying to palm off property whose ownership is a tangled mess of court cases amongst uncles, aunts and an army of cousins of the alleged seller will soon turn into yesterday’s nightmare. http://www.free-articles-zone.com/article.php?id=21938 2006-08-17 A week after the RBI increased key short term rates, home loan major HDFC hiked lending rates by 50 basis points. http://www.free-articles-zone.com/article.php?id=21680 2006-08-14 Once again, land prices are skyrocketing around Hyderabad, as the Hyderabad Urban Development Authority (HUDA) in a bid to hit the jackpot, auctioned off 69-acres of suburban land for a mind-blowing Rs. 703-crore (Rs. 7.03-billion). http://www.free-articles-zone.com/article.php?id=21231 2006-08-09 Real estate seems to be booming in the northern region. With each passing day new projects are coming up in the area. Reliance plans to set up SEZs in Haryana and Punjab made big news recently and ran into controversy. http://www.free-articles-zone.com/article.php?id=21002 2006-08-07 A new residential scheme for lower and middle income groups has been introduced by the Greater Noida Authority providing 2,256 constructed houses in four different categories, and covering an area of 70, 90, 120 and 250-sq. m. that will be priced at Rs. 12.33-lakh to Rs. 36.48-lakh. http://www.free-articles-zone.com/article.php?id=20753 2006-08-03 The real estate market in the National Capital Region (NCR) of Delhi could be a risky proposition for investors not intending to hold the property for long. http://www.free-articles-zone.com/article.php?id=20521 2006-08-01 HIMALAYAN hill stations built by British colonial officers to shelter them from the fierce Indian summer and remind them of home are to be restored to their former glory by a new generation of middle-class Indians eager to savour a similar lifestyle. http://www.free-articles-zone.com/article.php?id=20167 2006-07-28 India’s property market is luring global realty funds as the fast-growing economy boosts demand for office space, houses and shopping malls, but soaring prices pose a risk of a meltdown. http://www.free-articles-zone.com/article.php?id=19963 2006-07-26 Finance Ministry has told the capital markets watchdog Sebi (Securities and Exchange Board of India) to take a final view on allowing mutual funds to unveil schemes which could invest in real estate. http://www.free-articles-zone.com/article.php?id=19729 2006-07-24 Recently, a Shop-cum-Office-cum-Flat (SCF) in Mohali with a reserve price of Rs. 2.5-crore was bid for and went for a whopping Rs. 4-crore. http://www.free-articles-zone.com/article.php?id=19452 2006-07-13 Kolkata or Calcutta, also known as the intellectual capital of India, positions itself as a prolific venture for the enterprising Real Estate pros and capitalists-having nearly one crore sq ft of real estate space under development in Kolkata, as compared to 100,000 sq ft two years ago. http://www.free-articles-zone.com/article.php?id=19171 2006-07-11 Indian Real Estate: A Rival for Gurgaon http://www.free-articles-zone.com/article.php?id=18951 2006-07-09 With the realty sector growing rapidly and housing projects being a major part of that boom, property prices may not fall substantially. http://www.free-articles-zone.com/article.php?id=18596 2006-07-06 News updates http://www.free-articles-zone.com/article.php?id=18312 2006-07-03 Recently, Punjab has been witnessing a Return of the Natives even while 15,000 plus passports are issued every month to people chasing the NRI dream in Doaba region alone. A mirage of a better future has turned Punjab’s immigration in to an exodus. http://www.free-articles-zone.com/article.php?id=18001 2006-06-29 Not to be left out by the change of scenery being wrought in the National Capital Region (NCR), the UP government has ambitious plans for developing the industrial city of Ghaziabad into an attractive city to rival its counterparts. http://www.free-articles-zone.com/article.php?id=17811 2006-06-27 Hot speculation about young and old NRI techies wanting to come home has led entrepreneur T.S. Dhillon to chalk out plans for a comfortable housing society for NRIs in Mohali. http://www.free-articles-zone.com/article.php?id=17305 2006-06-22 The correction in the market is likely to affect realty prices across the country, especially in residential and land markets of Mumbai and Bangalore, according to industry analysts. http://www.free-articles-zone.com/article.php?id=16957 2006-06-20 Parking money in real estate is considered the best investment by the investor community. For investors in the middle-income group, buying a piece of land has become a dream, while stocks, bonds, fixed deposits among others are within their reach. http://www.free-articles-zone.com/article.php?id=16752 2006-06-18 In the real estate industry, wholesaling is considered as an entire business itself and it gives you a great chance to generate super-fast profits and not only this you can do all this even without acquiring the title on the property. http://www.free-articles-zone.com/article.php?id=16418 2006-06-15 The city’s hustle and the bustle leaves one craving for the solace of bright, sun drenched filled open spaces, where the chirruping of birds can be heard, as tranquillity and cool breezes win hands down over the hectic commotion of inner city life. http://www.free-articles-zone.com/article.php?id=16179 2006-06-12 Just when you’ve pretty well figured out what real estate sales agents do, along comes another breed—real estate licensees working as real estate consultants. http://www.free-articles-zone.com/article.php?id=15792 2006-06-07 Countless buyers and sellers put in innumerable hours charily probing properties or preparing their homes for sale. Even if you’re not an experienced negotiator, there are steps you can take to improve results whether you’re buying or selling property http://www.free-articles-zone.com/article.php?id=15613 2006-06-06