Silvex Realty forays into hospitality
Mumbai-based Silvex Realty Limited with services in construction, real estate and infrastructure has forayed into the hospitality industry.
Mumbai-based Silvex Realty Limited with services in construction, real estate and infrastructure has forayed into the hospitality industry.
It is not slowdown for some of the realtors, while others are feeling the heat. If the signature projects of some of the developers are any indication, market is still good if you don’t have crisis of credibility.
The debt load of 11 listed real estate companies in the country has risen 15%, or by Rs.5,000 crore, to Rs.38,500 crore in the last 12 months.
In Mumbai sales registrations for July 2011 are down 31% to 5,047 as against 6,500 in July 2010, pointing to the continuing downtrend, said real estate analysts for Prabhudas Lilladher.
Pune real estate is poised for growth both in residential and retail segment. While the demand-supply gap indicates that residential prices may go up, the retail segment of the city is also showing strong signs of revival.
The police has been asked to verify complaints from Mumbai-based investors against the PACL realty; firm denies any wrongdoing.
Jones Lang LaSalle has launched a separate office in Andheri, Mumbai’s burgeoning commercial district.
The net profit in the June quarter is down for all major listed real estate companies is a matter of worry for the sector in general.
Asia is home to some of the world’s most expensive real estate and the Asian city, Hong Kong holds the leadership on this index since 2005.
DBS Housing Strategy Ltd has roped in eBUILD Software Solutions Private Limited (ESSPL), a Mumbai based IT Solutions Provider to implement a trusted software for their construction and real estate projects.