 Articles tagged: property dealers
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Gurgaon properties are adding new dimensions to the facilities and lifestyles enjoyable in this corporate hub. The awesome architectural splendour is ascribable not only to the commercial structures, but also to the residential. These sprawling stucco edifices spell class and the exuberance of life that they stand for. Apart from private initiative, governmental fiat also is instrumental in the metamorphosis. written by joseph smith
An erstwhile little known suburban locality in the NCR, Delhi, Gurgaon is emerging as one of the hottest commercial spots in India. The dearth of additional space in the national capital in the wake of the unprecedented quantum leap in the national economy, the proximity of Gurgaon to Delhi, adequate infrastructural advancement in the region, etc. have been instrumental in this growth. In consequence, the rates of residential and commercial properties have increased phenomenally. written by joseph smith
The global economic meltdown along with certain regional causes has caused a slump in the property market in Gurgaon. Completion of some mega projects in recent times has caused an excess supply resulting in low demand. Investor reluctance has made the property rates and demand at stagnation. The crisis that has adversely affected the industry is expected to be of a transient and ephemeral nature. written by joseph smith
Along with the demand from the corporate sector, the demand from the new academic and other institutions in the locality has had its effect in the property boom in Gurgaon. In their construction, many of the structures have complied with the international standards of safety. Most of the major players in the field have hosted websites providing necessary information to the prospective clientele. written by joseph smith
Real estate property market in Gurgaon is a secure investment option for investors as the property rates are on the increase. This is because of the growing commercial significance of Gurgaon lying in close proximity to the national capital of India. The ubiquitous presence of national and international corporate entities of repute has virtually turned the city into an international corporate hub. written by William King
This article will show how you can start your own property business in very little investment from the comfort of your home. written by property vertical
Real estate major, Unitech Grand’s ambitious integrated township project on Noida Expressway ensures residential property prices in the Noida area are all set to witness a new all time high. With a start-up rate of Rs. 1.8-crore for a simple apartment, and going all the way up to Rs. 4.5-crore, Unitech is bound to stir up a hornets nest in the high-end residential property market in Noida. written by property vertical
Real estate investment tops the list of queries received by the Overseas Indian Facilitation Centre (OIFC) launched by the government. written by property vertical
Real estate consultancy Jones Lang Lasalle Meghraj has identified 50 Indian cities that are likely to witness most of the retail action over the next couple of years — both in terms of development of malls and advent of organised retailers. And Jaipur, Lucknow and Kochi find mention among cities poised for “high growth”.
written by property vertical
Unitech Ltd, the second largest real estate firm in India by market capitalization, is looking to float a Real Estate Investment Trust (Reit) in an overseas market to raise $2-3 billion (about Rs8,000-12,000 crore) to meet its expansion plans. written by property vertical
Bijendra Ahlawat finds that 30 malls may soon go on stream
Faridabad, the leading industrial hub of north India, may not be posing a serious challenge to neighbouring Gurgaon, the millennium city in overall development, but it certainly is trying hard to create a niche in certain ways. This includes emergence as a hot destination for real estate development and investment after Gurgaon and Noida in the NCR.
written by property vertical
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www.propertyvertical.com/delhi written by property vertical
Witnessing spiralling land prices, Hyderabadi city outskirts have hit a new high, as tobacco powerhouse Indian Tobacco Company (ITC), placed a whopping Rs. 30-crore per acre bid for AP Industrial infrastructure Corporation’s (APIIC) land near Madhapur. A bid that has everyone scratching their heads and asking: ‘Crazy kiya re!’
written by property vertical
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written by property vertical
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. Creating a wide array of choice, other cities, such as, Mysore, Coimbatore, Lucknow, Visakhapatnam, Indore and Baroda have also started to appear on the radar of IT / ITeS firms.
written by property vertical
Indian Real Estate: Due To Supply / Demand Mis-match
With more supply than demand, prime residential property in Bangalore is scheduled for the much-awaited price correction. The city’s demand-supply mismatch fuelled a sharp increase in prices of premium residential property in the last one year, which is expected to fall marginally, with imminent supply in the market. written by property vertical
Indian Real Estate: Changing Chandigarh’s Peripheral Skylines
Chandigarh’s periphery will soon witness a drastic change, as real estate developers have several mega integrated townships offering lavish housing options coming up, shortly.
written by property vertical
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. Many hotels have reported cancellation of bookings as tourists change itineraries following reports of ‘unrest’ in Punjab. Fear is rampant amongst property consultants and hoteliers that if the present conditions continue to prevail, the state’s developmental phase will grind to a halt.
written by property vertical
Indian Real Estate: Dollar Investments, It’s Euros Now
Making its first investment in the Indian real estate market, Yatra Capital Limited is the first Euronext quoted Indian real estate company that raised e100-million in December 2006, for the specific purpose of investing in Indian real estate. Committing e21.6-million in equity for a 49% stake, Yatra in a joint venture partnership with Kolte Patil Developers Limited, is developing three residential sites in Pune, Maharashtra.
written by property vertical
Indian Real Estate: A Hike In Chandigarh, UT Land Rates
Chandigarh Administration has revised and raised existing collector rates for prime commercial, residential and agricultural areas, resulting in an average increase of 30% on land rates and 10% on floor construction prices for the purpose of stamp duty, which had been reduced from 6% to 5%. With market rates for land on an uncontrollable upward spiral, speculation has been rife over the percentage of increase in stamp duty. “There has been a considerable increase in the prices of properties. Therefore, the collector rates were required to be reviewed,” confirms R.K. Rao, DC, Chandigarh. This, while only a couple of weeks back, a news report stated stamp duty was to be abolished in order to allow property transfers during the lifetime of the owner, so as to avoid family squabbles over property after the demise of the owner.
written by property vertical
Indian Real Estate: In Search Of High Investment Returns
Over and above the $2.5-billion invested by overseas realty funds in India till date, nearly two dozen US-funds are raising $3.5-billion for investments in Indian realty. Wall Street powerhouses, such as, Blackstone Group ($1-billion) Goldman Sachs ($1-billion), Citigroup Property Investors ($125-million), Morgan Stanley ($70-million) and GE Commercial Finance Real Estate ($63-million) are just some of the names involved in raising money for investing in Indian real estate. Other big names in the game include J.P. Morgan, Warburg Pincus, Merrill Lynch, Lehman Brothers, Warren Buffett’s Berkshire Hathaway, Colony Capital and Starwood Capital. written by property vertical
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.
written by property vertical
Global investment major AMP Capital Investors is launching a $500 million equity fund sometime soon this year to invest in infrastructure in India and China. This will be the third such fund from AMP. written by property vertical
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.
written by property vertical
JA mega integrated township project worth Rs 750 crore will come up in Indore with foreign direct investment, the first of its kind in Madhya Pradesh. written by property vertical
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For information on Real Estate Property in Delhi, Gurgaon and surrounding areas Visit
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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. written by property vertical
Surat Real Estate: RealtorBait
The past few years have seen Surat’s real estate sector in a state of stagnancy, especially in the developed areas, no doubt, in large part due to the non-availability of land for new projects. written by property vertical
An investment in a mid-cap Indian property company by a Singapore-led investor group could rejuvenate a sector struggling with rising interest rates and falling stock market
valuations. written by property vertical
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For information on Real Estate Property in Delhi, Gurgaon and surrounding areas Visit
www.propertyvertical.com/delhi
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