Hero Group enters hospitality business
The Hero Group of automobile makers on Monday, September 5, announced its foray into the hospitality sector.
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Regus opens new business centre in Hyderabad
Regus, the provider of workplace solutions, has announced opening of a new business centre in Hyderabad.
Indian residential real estate – uncertainty and flux
Both the economy and the residential property sector are currently in a state of uncertainty. This has resulted in a rather prolonged period of vacillation and hesitancy among home buyers in India.
Knight Frank study funds India 2nd in global realty price growth
A study by international property consultants Knight Frank finds real estate prices in India have risen by 21.3 per cent over the past one year, making it the country with the second highest rise in real estate prices globally.
CREDAI opposes proposal to form regulator for realty sector
Real estate industry body CREDAI on Saturday, September 3, opposed constitution of a regulatory body for the real estate sector, saying that it would become a “breeding ground for corruption” if implemented.
Forbes ranks Ashiana Housing in ‘Asia’s best under a billion’ companies
Ashiana Housing Ltd., Delhi based real estate player becomes the only real estate company from India to figure in ‘Asia’s Best Under A Billion1 list of companies compiled by the Forbes magazine for 2011.
The positioning and potential of villas in Indian real estate
Villas are a unique product because unlike in apartments, the buyer gets to own the piece land on which the villa is built.
Global housing market at weakest point since 2009
A report by real estate firm Knight Frank says worldwide mainstream house prices marginally avoided falling into negative territory with prices rising on average by 0.1% in the three months to June 2011 and by 1.7% over a 12-month period.
Billionaire Zell to invest in Indian realty
Billionaire Sam Zell said he is entering the real estate markets in Colombia and India in the next two weeks as he continues to favor international investments over U.S. property deals.
DLF gets CCI rap again over project violations, no penalty imposed
The competition watchdog Competition Commission of India (CCI) on Tuesday, August 30, found realty developer DLF guilty of abusing its dominance at one more project.