DLF shares fell to 2 year low
India’s top listed real estate developer DLF Ltd missed analysts’ estimates with a 19 percent fall in quarterly profit due to cost rises.
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Phadnis Infra plans to invest Rs 1,700 crore over 5 years
Infrastructure development firm Phadnis Infrastructure plans to invest over Rs 1,700 crore in the next five years to fuel its expansion plans.
Understanding residential property investment
The fundamental aims of any residential property investment should be to maximise yield as well as capital gains and to reduce the risk as far as possible.
Consim Info to expand footprint in online property market
Consim Info Pvt. Ltd with online brands such as BharatMatrimony.com, IndiaProperty.com, EliteMatrimony.com and PrivilegeMatrimony.com has announced plans to expand its footprint in the online property business.
Prestige Golfshire claims to redefine super luxury address of Bangalore
Prestige Group has launched Golfshire in Bangalore which they claim to be city’s new address in the coming days.
Alexandria wins bid to build Bangalore’s biotech park
The Karnataka government has announced that Bangalore Helix, the much-awaited biotechnology park, has been awarded to Alexandria Real Estate, the highest bidder.
TCG-Vornado fund to invest Rs 270 crore in NCR, Mumbai projects
India Property Fund, managed by NRI investor Purnendu Chatterjee’s TCG Real Estate and US-based Vornado Realty Trust, is in the final stages of investing Rs 270 crore in two residential developments in national capital region and Mumbai.
PVR to sell Phoenix Mills property to JM Financial
Film exhibitor and distributor PVR said on Thursday it has entered into an agreement with Infinite India Investment Management, a part of JM Financial Group, for sale and leaseback of its multiplex property in Mumbai for Rs 100 crore.
Buying a home this Akshaya Tritiya?
The property market in many Indian cities sees increased activity during festivals like Akshaya Tritiya, which are believed to be auspicious for the creation of wealth and good fortune.
South Mumbai property goes northwards in demand
When a property dealer suggested Kartik Shah to set up his office at Navi Mumbai, instead of South Mumbai market, it seemed to be a sound business sense.