Indian Angel invests $1 mn in realty portal GrOffr
Angel investors, Indian Angel Network has invested $1 million in the Mumbai-based real estate portal GrOffr.com for a minority stake.
Angel investors, Indian Angel Network has invested $1 million in the Mumbai-based real estate portal GrOffr.com for a minority stake.
Bahrain-based Star International Real Estate has signed an agreement to be the exclusive agent for two property developments in Goa.
The Government is likely to introduce a bill in the monsoon session of Parliament to protect consumers’ interests against dubious operators in the real estate sector.
With the government planning to invest a trillion dollars in the infrastructure space during the 12th Plan period, leading Japanese mutual fund house Daiwa is betting on the sector with a long-term view in mind.
Newspaper advertisements and other branding collaterals of some of the real estate projects across the country attract the eye balls for what Indians have always aspired for—International living.
Oberoi Realty plans to expand its land holdings in key cities as debt-laden rivals struggling with rising costs and slowing sales look to cut assets.
The Reserve Bank’s decision to raise key policy rates by 25 basis points today is likely to have a negative impact on the real estate sector.
Introduction of the proposed real estate regulation Bill is likely to increase the cost of operations by 10-15 per cent, said Sreedhar Reddy, president of Andhra Pradesh Realtors Association.
India’s low cost of production and its location has brought the Euro 70 million Dan Cake Portugal to set up a manufacturing plant here.
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’.