The festive season looks a bit subdued for property buyers this year. The price corrections that were anticipated in the primary cities have not materialized, at least not in the hoped-for magnitude.
Housing supply is estimated to fall short of demand by 1.3 million units in seven major cities of the country during the next five years, according to a report.
Jones Lang LaSalle has announced plans to enter the real estate market in Sri Lanka.
Shriram Properties, which wants to refinance projects under development and acquire distressed real estate assets may get $125 million PE fund by private equity arms of JP Morgan, IL&FS and Morgan Stanley.
Realty firm Aims Sanya Developers has appointed Sonia Kathuria as Chief Executive Officer for the group.
Bahrain-based Star International Real Estate has signed an agreement to be the exclusive agent for two property developments in Goa.
Jones Lang LaSalle India, the country’s largest international property consultancy, has launched an exclusive Corporate Finance division.
Ambar Maheshwari has joined India’s largest international property consultancy Jones Lang LaSalle as Managing Director – Corporate Finance.
The Indian Property Show opened at Dubai World Trade Center, Hall No.4.
Uttar Pradesh Chief Minister Mayawati Thursday tried to placate angry farmers saying that under a new acquisition policy no land would be forcibly taken from farmers.