FDI jumps two-fold to $2.83 bn
India received foreign direct investment (FDI) worth $2.83 billion in August, an over two-fold jump compared to that in the same month last year, an official said on Monday.
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Nagpur catching fast to emerge tier-I city
Integrated township, 5-star hotel, shopping malls, multiplexes, and luxury apartments… backed by the NRI investment Nagpur is fast catching up on the real estate map of India to emerge as the tier I city.
Realtors’ optimism defy sluggish market reality
The festivities around Navratra and Diwali are known to cheer up the sentiments of the property market.
Pune real estate defies slowdown apprehensions
While many of the Indian cities are reeling under the apprehension of slowdown with sales nosediving, Pune real estate has defied any such apprehensions.
DTZ research finds global real estate investment drop
DTZ Research estimates that US$316bn of capital will be available to invest in global real estate in 2012, a 4 per cent decrease on its previous estimate at the end of 2010.
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.
NAREDCO elects Navin M Raheja as President; Sunil Dahiya is Sr Vice President
National Real Estate Development Council in its 13th Annual General Meeting (AGM) on 24th Sep, 2011 at India International Centre (IIC), New Delhi elected Navin M Raheja as President and Sunil Dahiya Dahiya as Senior Vice President.
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.
South India to see spurt in hotel rooms
The south Indian hospitality market would see an addition of 14,500 new rooms in 178 star hotels across southern states by the end of year 2012.
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.