Asia home to world’s most expensive real estate
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.
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.
Housing Development and Infrastructure (HDIL) has posted consolidated net profit of Rs.1.89 billion for the quarter ended June 30, 2011 as compared to net profit of Rs.2.16 billion for the quarter ended June 30, 2010, representing decrease of 12.50%.
The introduction of FDI in multi-brand retail will lead to increased demand, which in turn will catalyze more investment opportunities in organized retail.
Ever since the National Housing Bank (NHB) started preparing residex – an index for tracking the prices of residential properties in 2007, Chennai has been in the news for steep increase in residential prices.
Godrej Properties could look at dilution of promoters’ holding in the company in the next six months.
More than half a dozen builders, including Ahmedabad-based Bakeri Group, Lodha Developers and Indiabulls Real Estate, have either pulled out of the affordable-housing segment or have changed their offering.
ASK Property Investment Advisors, part of the financial services group ASK Group, has made a first close of its second real estate fund at Rs.520 crore.
Godrej Properties Ltd has been voted as amongst the ‘Most Trusted Names’ in the Real Estate Industry.
The proposed Real Estate Regulation Bill may be delayed.
B.E. Billimoria & Co. Limited, India’s leading high rise specialist contractors has bagged construction contract of Supertech’s flagship project, North Eye in Noida.