Eiffel Group enters into agreement with IREF
Eiffel Group has announced to enter into an agreement with India Realty Excellence Fund (IREF) to develop one of its largest plotted development project at Karjat.
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DLF in talks with IDFC to sell its Noida IT park stake
DLF, India’s largest real estate company, is in talks with IDFC to sell the entire 70% stake it holds in DLF IT Park, Noida.
Online booking for properties picking up: CREDAI
A large number of people in Pune have been showing keen interest in booking their properties through an online mode.
Magicbricks.com launches PropIndex
The India Apartment Index rose 3% during April-June 2011 quarter compared to the previous quarter, the “PropIndex, the India Apartment Index”, launched by Magicbricks.com, rated as India’s No. 1 property portal showed.
Impresario raises Rs 48Cr from Mirah Hospitality, Beacon India
Impresario Entertainment and Hospitality Pvt Ltd, the Mumbai-headquartered company which runs a chain of fine-dining restaurants, has raised Rs.48 crore or $10.5 million from strategic investor Mirah Hospitality and Food Solutions Pvt Ltd.
New building technology ready to reduce India’s housing shortage
New building technology created by International Steel Structures (ISS), is ready to help reduce India’s housing shortage by being able to provide housing units with structural integrity in a matter of days from production.
Ajmera Realty gains on acquiring 90% stake in Laudable Infra
Ajmera Realty & Infra India rose 2.96% to Rs. 118.40 at 14:15 IST on BSE on Wednesday, August 24, after the company said it has approved the proposal to acquire the 90% stake in Laudable Infrastructure LLP.
ASK Property Investment Advisors to raise Rs 10 bn by December
India’s ASK Property Investment Advisors aims to raise a Rs.10-billion ($219 million) fund by December in a bet on the long-term case for property in Asia’s third-largest economy, said a top official.
CREDAI opens e-PROFEST
Confederation of Real Estate Developers’ Associations of India (CREDAI) Pune has opened e-PROFEST 2011, Pune’s Virtual Realty Fair.
DB Realty to pick up 49% in hospitality arm
Dynamix Balwas (DB) Realty, the Mumbai-based realtor, has decided to buy upto 49 per cent stake in its hospitality arm, DB Hospitality Ltd, an unlisted arm where the promoters hold a majority stake.