Aricent Group sells land worth Rs.206 crore in Gurgaon
The Aricent Group has just concluded the largest corporate land disposition in the history of the Gurgaon real estate market.
The Aricent Group has just concluded the largest corporate land disposition in the history of the Gurgaon real estate market.
With Indian cities gasping for parking space to keep pace with the soaring car population, Urban Development minister Kamal Nath wants to ensure that all new urban construction activity is accompanied with adequate parking facilities for vehicles.
Harmit Chawla, Vice President – Sales and Marketing at Paras Buildtech has called it quits and floated a new real estate company christened as ‘H Corp Realty Pvt Ltd’.
CHD Developers Ltd. has reported its all time highest net sales of Rs. 86.11 crore for the quarter ended March 31, 2011.
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.
Faced with the non-compliance by the real estate companies, Brand Capital, earlier known as Times Private Treaties, the ad-for-equity business of publishing group Bennett, Coleman and Co. Ltd (BCCL), has hired real estate consultant Knight Frank India Pvt. Ltd to manage its real estate portfolio.
It’s been a weak start to the year for the Mumbai real estate market with the number of property sales registered in India’s financial capital continuing to fall for the second consecutive month.
Mumbai saw a steep rise in property prices during the boom period of 2008. However, the economic slowdown in 2009 led to a property market crash which made itself very tangible in Mumbai in the first quarter of 2009, stabilizing by the middle of year and rising again between the 3rd and 4th quarters.
Urbanization rate is on the increase – and while there had been a few setbacks over the past few years, the Indian luxury retail market is firmly back now. The economy once again supports the rationale for spending on luxury goods, and it will continue to do so.
If you are living as a tenant in Mumbai and seeking to buy a house this year, there seem to be quite a few confusions going around. While some of the reports and projected forecasts may give you a ray of hope, it would rather mislead you and your wait for a cheaper home may actually cost you to pay more in future.