Office space deals drop more than two-thirds in Mumbai
It’s not just the residential real estate market in Mumbai that is going through a slump, the commercial office segment, too, is reeling under a slowdown.
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PE Analytics plans to launch Real Estate Index
New Delhi-based research firm PE Analytics has drawn up plans to launch Real Estate Price Index in partnership with a leading commodity exchange.
Breaching all boundaries – India real estate by 2020
Despite the continuing turbulence and uncertainty in other parts of the globe, two economies – India and China – will continue to grow at an annual rate of 8-10%.
Nirvana Consultants launches real estate job portal
Nirvana Consultants have launched a specialized portal for the benefit of the candidates as well as companies in Real Estate.
TCG-Vornado fund to invest Rs 270 crore in NCR, Mumbai projects
India Property Fund, managed by NRI investor Purnendu Chatterjee’s TCG Real Estate and US-based Vornado Realty Trust, is in the final stages of investing Rs 270 crore in two residential developments in national capital region and Mumbai.
Tata Housing bags CNBC Awaaz Crisil CREDAI Real Estate Award 2011
TATA Housing Development Co. Ltd. has been awarded CNBC Awaaz Crisil CREDAI Real Estate Award 2011 for Integrated Sub Urban Developer at the 11th National Conference of Confederation of Real Estate Developer’s Association of India in Singapore.
Realtors and first time buyers upbeat on Akshay Tritiya
When Rishi Patil bought his first property in Mumbai a decade back, he followed the advice of family astrologer and deliberately waited for 7 months to book the flat on the day of Akshay Tritiya.
IL&FS, DB Realty & Rural Development Ministry – Its all in the family
In an obvious chain of patronage IL&FS, the company which gets the contract opts for Sanganer project Rajasthan from where Arvind Mayaram’s mother Indira Mayaram has been contesting Assembly elections and Mayaram and family has farmland there.
IL&FS direct beneficiary in DB Realty
The IL&FS has LIC of India, State Bank of India, Central Bank of India, HDFC Bank as prominent shareholders. As per the reports IL&FS owned 4.05 per cent stake in Shahid Balwa’s DB Realty.
Realty at the bottom of the pyramid
While everybody, including the Finance Minister seems to be focussing on the affordable housing, the definition of the real estate at the bottom of the pyramid seems to be changing.