Real Estate News, Real Estate in India

Indians take 24% chunk of realty sales in Dubai

Indian investors were responsible for the biggest chunk of real estate sales in Dubai in 2009.

LIC Housing Finance net profit up 15 pct

LIC Housing Finance posted a 15 per cent jump in net profit at Rs 153.57 crore.

Oberoi Realty files for IPO to raise fund

Real estate firm Oberoi Realty filed for its initial public offer with the market regulator SEBI.

E-homes: Helpful in addressing power woes

E-homes are an answer to the environment related challenges before us in the present times. Designarch Infrastructure chairman J K Jain shares his views on the same with Ambresh Ranjan.

Salman Khurshid assures Maytas’ NRIs investors of govt help

Salman Khurshid has said that government will help the NRIs who invested money in Maytas hill country project.

Ackruti City lines up capex of Rs 600 cr

Realty firm Ackruti City said it has lined up a capital expenditure of Rs 600 crore over the next one year to carry out its various projects.

Tata Realty to develop Rs 3,500-cr IT city in Chennai

Tata Realty and Infrastructure Limited (TRIL) said that it will develop a Rs 3,500 crore IT Special Economic Zone (SEZ) in Chennai.

DLF to bring rental properties under one entity

Realty major DLF has decided to bring all of its rental properties under a single umbrella.

DB Hospitality to invest Rs 5,500 cr

DB Hospitality will invest around Rs 5,500 crore to build nine hotels across India.

Hyatt for 5 new properties in India

Hyatt Hotels said it will partner with DB Hospitality to operate 5 new hotel properties in India.

DLF eyes better cash flow by biz integration

Realty major DLF said its board has approved integration of DLF Assets with DLF Cyber City Developers.

DLF plans integration of DAL

The country’s largest realty firm, DLF, is kicking off an integration plan with DLF Assets Ltd.

DLF mulls integrating Caraf Builders with Cyber City

Caraf Builders & Constructions Pvt Ltd is a promoter group company. DLF Cyber City Developers is a wholly-owned subsidiary of DLF Ltd.

TRIL to launch a landmark residential project in Kochi

Tata Realty And Infrastructure Limited (TRIL), a 100 subsidiary of Tata Sons, on Monday announced its plans to develop a landmark residential project at Kochi in Kerala.

Realty stocks bounce back; DLF, Unitech up 3 pct

The country's largest developer DLF Ltd surged 3.11 per cent to a high of Rs 362 in the intra-day trade on the Bombay Stock Exchange.

Dip in rentals boosts commercial realty mkt

Following the correction in commercial realty rates in metros by 20% to 40%, top builders expect sales to improve by 50% in Q3 and Q4 of 2009-10. In the first two quarters of the fiscal, sales of office space rentals grew 10% to 15%.

Dubai mulling law to protect property investors

Dubai is considering enacting a law to protect the rights of real estate investors in the Emirate.

'No impact of Dubai crisis on Indian realty market'

A majority of big real estate developers in India said they are insulated from the financial crisis in Dubai and it will not have any impact in the country's property market.

Trident 70% ready, to reopen by March

Security persons at the main gate of Trident hotel, Mumbai, have a busily tough time what with the steady stream of guests and visitors checking in.

Govt to do away with lock-in period for FDI in realty

The government proposes to do away with the lock-in period for foreign direct investment in the real estate sector that has witnessed a slowdown in demand following the global financial crisis.

Maha: Property registration to be at flat 1%

Revenue Minister Narayan Rane lifted a stay on an earlier order of the government.

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