Housing demand to remain stagnant till economy improves
Housing demand is expected to remain subdued in short-to-medium term…
Search Results: Indian real estate (2706)
Puravankara Projects Q4 net jumps to Rs 46 cr
Bangalore-based real estate developer Puravankara Projects net profit rose 173 per cent to Rs 46.05 crore during the fourth quarter of the last fiscal.
Last year, net profit stood at Rs 20.89 crore during the corresponding quarter.
Initiatives for slum redevelopment beyond just housing
Babulal Varma, Managing Director, Omkar Realtors & Developers There are…
Bhasin Group ties up with Singapore company to build India’s largest aquarium
Bhasin Group has tied up with Singapore-based Andover Leisure Pte to build a 100,000 sq ft aquarium – which would be bigger than Singapore’s Sentosa and Atlanta’s Georgia Aquariums. It will come up in a mall run by the company in Greater Noida. The aquarium, to be titled Blue Planet, is expected to cost $9 million (Rs 45 crore).
Omaxe Infra receives “International Arch of Europe Award for Quality and Excellence” for 2012 in Frankfurt
Omaxe Infrastructure and Construction Limited (OICL), a subsidiary of Omaxe Ltd. received the “International Arch of Europe Award for Quality and Excellence” in Gold category for the year 2012 for showing commitment to quality, exemplary leadership and technology and innovation.
Retail rentals remain stable in Pune; high street in demand: Report
Substantial addition to supply has kept the rentals for the retail mall space in Pune stable in the first quarter of the year 2012, a report from real estate advisory Cushman & Wakefield India has said.
Hyatt set to bring 3 new brands
Chicago-headquartered Hyatt Hotels Group is betting big on the upper-midscale segment in India. Its growth in India is going to be driven by three of its brands — Hyatt Place, Hyatt House and Hyatt Regency. It has already firmed up plans for the first Hyatt Place in the country, likely to be launched at Hampi in Karnataka in June.
Rental increase of 9 – 25% across key highstreets in India, finds Cushman & Wakefield
The retail real estate market received a fresh mall supply of approximately 1.94 million sq. ft. (msf) in Q1 2012 (quarter ending March 2012). Many of the expected mall projects were differed on account of delay in construction, leading to a deficit of close to 50% from the estimated supply (3.37 msf) for the quarter, says Cushman & Wakefield in its latest report.
Slum redevelopment ensures inclusive growth
The business of redevelopment has a long gestation period but the end result is better living for the poor, improved civic amenities and infrastructure of the city and additional housing for the influx.
Property buyers upbeat amidst restricted supply
Anmol Shah, the Gujarati businessman settled in Mumbai, has both the emotional as well as rational reasons to invest in property this time on Akshay Tritiya. His astrologer has suggested that very much like a few years back when he bought his first flat in Mumbai, followed by an office in one of the Central Business Districts (CBD) on Akshay Tritiya, he should yet again buy the second house on the auspicious day this year.