Ascott to expand footprint in India
Ascott, one of the world’s largest serviced residence owner-operator, is expanding its footprint in India in cities like Mumbai, Delhi and Pune, adding to its $250 million investment in seven upcoming properties.
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Defying slowdown apprehensions, Q1 recorded 65% growth in retail mall space
Defying any ears of a market slowdown, liquidity crunch and rising inventories, the April-June period saw a 65% growth in retail mall space supply across India over the previous quarter
Coming soon regulator for environmental clearances
Prime minister Manmohan Singh on Sunday, July 24, announced setting up of an independent environment regulator that would lead to a complete change in the process of granting environment clearances.
Noida Extension projects falling like a pack of cards
The Supreme Court judgment on Shahberi village in Noida Extension was the beginning of the end of the proposed township.
CRISIL predicts fall in Ahmedabad market
CRISIL Research says that there will be 5% correction in the realty prices in Ahmedabad this year.
Century real estate unveils luxury villa township in Bangalore
Century Real Estate has launched first luxury villa township Century Istana in Bangalore.
ICICI Venture to raise money for real estate fund
ICICI Venture Funds Management plans to raise Rs.7.50 billion to Rs.10 billion ($167 million to $223 million) for its second real estate fund.
Kotak Realty Funds to raise 600 cr via 4th realty fund
Kotak Realty Funds Group, the PE arm of Kotak Bank,…
Commercial Real Estate moving into strongest market since 2007
Jones Lang LaSalle’s second quarter 2011 Global Market Perspective, predicts this year will be the strongest performance and real estate trade volume since the market height of 2007.
Jaypee to foray into dairy business, invest Rs.100 crore
After making a mark in almost all areas it has touched so far, diversified conglomerate Jaypee Group has now set its eyes on the dairy sector, where the growing demand-supply gap is only set to widen further.