Property developer DLF Ltd. said on Tuesday it did not see a price bubble in the country's real estate sector, and expects property prices to remain steady at current levels."I don't think there is any bubble, neither will it burst," DLF vice-chairman Rajiv Singh told Reuters on sidelines of a media conference for the relaunch of DLF's initial public offering.
The Godrej group, with a turnover of Rs. 7,500 crore, is looking at its flourishing real estate business through group company Godrej Properties Ltd. (GPL) to propel it to the next level.
Indian developers have announced mega expansion plans but are now faced with a serious shortage of execution and management workforce. However, the proposed entry of RICS could provide some recourse.
GE Commercial Finance plans to provide private equity capital and debt to developers of commercial real estate and enter into project-specific joint ventures, the report said.
GE India expects the proportion of its revenue which comes from real estate, which formed a small part of its $1.9 billion revenue in 2006, to go up significantly in its $8 billion revenue target for 2010.
India has tightened overseas borrowing rules, making it harder for less creditworthy and smaller local companies to raise funds, which analysts say will curb soaring capital flows and calm the hot real estate sector.
Despite a correction, real estate investing will provide returns and investors need to have a dynamic strategy as the market matures More..
Hong Kong: ING Real Estate plans to make its first investments in India this year and could set up a fund to pour more money into the country in 2008, despite expectations the raging property market will soon stumble.More..
Carlson Hotels Worldwide – Asia Pacific, has announced the signing of a Park Plaza hotel in Lahore, the second most populated city in Pakistan.More...
The companies signed a memorandum of understanding (MoU) last week for a tie-up to develop a mega mixed-use township comprising residential, commercial, institutional and industrial properties in India. More...
After cautioning over an asset bubble in the real estate sector, the Reserve Bank of India (RBI) has cracked the whip. The apex bank has sought clarification from six real estate companies on their proposal to raise external commercial borrowings (ECBs). More...
Lately banking and real estate are stealing the limelight. All business news channels and tabloids are concentrating their efforts on how the Reserve Bank of India (RBI) and the Finance Ministry are tightening the reins on the Indian real estate.More...
Indian property market may not remain a favoured destination for global real estate funds anymore. Many global property funds have started reviewing their investment plans in real estate projects in the country after the government, in a recent notification, termed their investments as debt and not equity.More...
It’s a huge figure we are looking at US$ 90 billion. That’s what Merrill Lynch forecasts that the Indian realty sector will grow to by 2015. As industry is enthusiastic about that figure, RBI has raised its voice of concern.More...
Asset Management, a London-based company that manages real estate assets valued at over $6.8 billion globally, will partner a local developer to build nearly 5,000 flats on the northern and southern fringes of the city.More...
The market for real estate in India will grow five-fold to $60 billion by 2010 and $90 billion by 2015, the Dubai-based organisers of a major realty fair in the capital said on Saturday.More...
The Reserve Bank of India is in the process of reworking the definition of commercial real estate. The revision is aimed at taking hospitals and educational institutions out of the ambit of commercial real estate. More..
NEW DELHI: With more than 35 big-ticket foreign funds having already checked into the real estate sector India, global realtors, banks and bond houses from New York to Jerusalem are suddenly finding the opportunity to invest in India irresistible. More..
The grave dancer", U.S. tycoon Samuel Zell, was in a mood to spoil a two-year-long party when he told a gathering of Indian property executives this week they were "on the brink of excess" and their boom would end in tears.More..
By 2010 or so, travellers to smaller cities like Bathinda, Indore, Jalpaiguri or Surat would have the luxury of staying in five star hotels.Read More..
“We are gearing up. In the near future, we will be able to handle projects of much larger scale,” says Daga, managing director of Avani Estates. “Geographical location would not be a limiting factor for our group,” Full Story..
Dubai-based Al Fajer Properties said it is in talks with two unidentified Indian developers to form a joint venture for an investment of up to $1 billion in Indian real estateRead More..
Trinity Capital PLC plans to invest 3 bln usd in real-estate related projects in India over a period of three to five years, reported the Business Standard.Read More..
With the rise in Indian and international business traffic to Bangalore, the demand within the hospitality industry has skyrocketed. The new genre of serviced apartments has hence emerged as a cost effective alternative for business travellers and tourists. These serviced-apartments are largely operated by apartment owners or builders and usually offer entire apartments (1, 2 or 3 bedroom) or studio units or shared apartments.
