Oberoi Realty buys out stake in I-Ven Realty
Oberoi Realty has announced to purchase 50 per cent stake in I-Ven Realty Ltd from private equity firm ICICI Venture.
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Tata Housing launches residential township in Thane
Tata Housing has announced the launch of Amantra, an exclusive luxury residential township with 14, 24, 29 and 34 storey towers.
Godrej launches premium homes in Bangalore
Mumbai-based Godrej Properties (GPL), the real estate development arm of the Godrej Group, has launched a premium residential project Godrej Platinum at Hebbal, Bengaluru on Airport road.
Private realtors asked to focus on affordable housing
The Government has asked private real estate developers to participate in creating affordable housing stock and help in making India slum-free.
Lodha Developers to raise Rs.825 crore
Lodha Developers Ltd is raising Rs.825 crore to buy back debentures issued to Deutsche Bank. Analysts believe Lodha risks losing prime land in Mumbai if it doesn’t purchase the debentures.
MCHI to showcase 15,000 properties at exhibition
Armed with a self regulatory code of conduct for developers, the Maharashtra Chamber of Housing Industry (MCHI) will showcase over 15,000 properties in its exhibition from October 6 to 9, 2011.
Retailers on an expansion spree
Retail chains across the country are signing up for space in a big way, after a long pause that had followed the economic downturn.
L&T to build India’s first pre-cast residential high rise
Diversified conglomerate Larsen and Toubro (L&T) is set to build India’s first residential high-rise building on a pre-cast basis, a move that may introduce a structural change in the real estate market.
Chennai office space demand may dip
The demand for office space in Chennai is expected to dip, with an expected slowdown in North American and European countries affecting the information technology sector.
Real estate regulator Bill expected in Winter Session
Union minister for housing and urban poverty alleviation Kumari Selja has said that the Centre is expected to bring the real estate regulator bill in the winter session.