Articles tagged: Banglore
<< previous page 1 next page>> written by jaya jayanth It gets opened 12-16 times a day in a family of four. That is over 5,000-6,000 times in a year.
written by George Gonigal Bangalore is witnessing a slowdown in buy sell activities of residential property. Latest property trends of the city shows that the residential capital values are decreasing at certain localities. Eastern Bangalore region is facing recession in property market. written by Properties mls 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. written by Properties mls 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. written by Properties mls 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. written by Properties mls 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. written by Properties mls 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. written by Properties mls 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. written by Properties mls 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. written by Properties mls 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. written by Properties mls 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. written by Properties mls 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. written by Properties mls 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.
written by Properties mls 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. written by Properties mls 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. written by Properties mls 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. written by Properties mls The Indian Real Estate market is considered the most exciting and constantly improving market in Asia. written by Properties mls 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. written by Properties mls Sahara Infrastructure and Housing, India’s leading real estate company exhibited its flagship project ‘Sahara City Homes’ at Indian Property Show, Dubai. written by Properties mls 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. written by Properties mls 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 written by Properties mls 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. written by Properties mls 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. written by Properties mls 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. << previous page 1 next page>> |