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DLF plans 20000 acre SEZ in Gurgaon! written by Properties mls
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.

Westport Capital Partners Invests in Residential Real Estate in India written by Properties mls
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.

DLF Plans an Investment of Rs 2,500 Crore in Malls written by Properties mls
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.

Germany’s Fraport for airport projects in India written by Properties mls
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.

Hinjewadi and Manesar: Promising New Locations For Real Estate Investors written by Properties mls
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.

Carlyle eyes larger share of realty business written by Properties mls
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.

Mivtach Real Estate Will Invest $13 Million in Chennai written by Properties mls
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.

India’s Reliance Power to spin off 10 pct in nation’s biggest IPO written by Properties mls
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.

Real estate mkt hit by high interest rates: DLF chief written by Properties mls
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.

Starwood, Walton to develop HM’s land in West Bengal written by Properties mls
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.

Nagpur to Witness Spectacular Growth in Real Estate written by Properties mls
Maharashtra’s second capital, Nagpur off late has been in the news for the tremors being created by booming Real Estate.

Real estate to witness impressive growth: Experts written by Properties mls
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.

A check on vertical growth written by Properties mls
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.

Subprime woes may hit India, says RBI written by Properties mls
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.

Omaxe develops multiplex written by Properties mls
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.

DLF Announced the Launch of its First IT SEZ in Mihan, Nagpur written by Properties mls
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.

HDFC’s global realty fund raises $800 bn written by Properties mls
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.

Ansal API real estate seminars in US written by Properties mls
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).

PE funds not keen on hotel projects here written by Properties mls
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.

Betting big on textile city written by Properties mls
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.

Singapore firm launches India-focussed real estate IPO written by Properties mls
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.

FIIs raise stake in real estate stocks written by Properties mls
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.

Service tax Will Blow Commercial Property Rents Through the Roof written by Properties mls
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.

SEZs : A solution or yet another problem… written by Properties mls
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.

Luxury villas in India! written by Properties mls
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.

Indian real estate stocks most expensive in the world written by Properties mls
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.

Foreign investors line up with big money as govt clears air over FIIs in realty written by Properties mls
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.

DLF Unveils Rs. 850-Crore IT SEZ written by Properties mls
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.

Indian Real Estate: Corporate Sales written by Properties mls
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.

Hiranandani’s Mega Development written by Properties mls
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.

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