Pune property market defying any 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.
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Mumbai costliest property market with least property transactions
Mumbai continues to be the costliest property market in India but the sales graph show this value has started taking its toll on the volume. Property registration in India’s biggest real estate market continued its slide and in September recorded a 29-month low at 4,137, down 22 per cent year-on-year.
Hyatt Introduces Hyatt House in India with agreement for hotel in Mumbai
Hyatt Hotels Corporation has introduced its new Hyatt House extended-stay brand in India, with the signing of a management agreement by a Hyatt affiliate for a hotel in Mumbai.
SRS Value Bazaar opens outlet in Faridabad
SRS Value Bazaar, a multi-brand retail store chain which is a part of SRS Limited, has opened its first outlet in Faridabad at Crown Plaza Mall.
Brigade Enterprises eyes Rs 150 cr PE fund
Bangalore-based real estate firm Brigade Enterprises is looking to raise around Rs.150 crore through private equity route by offloading a part of its stake in one of the commercial projects in the city, sources in the PE industry said.
China’s HNA Group bids for DLF’s Aman Resorts
China-based conglomerate, HNA, has joined the race to buy Aman Resorts, the biggest non-core asset of realty major DLF, according to analysts and bankers.
DLF extends footprints in Punjab
DLF now extends its footprints further by launching a plotted development, Hyde Park Estate at DLF New Chandigarh and Park Place, a luxury apartment complex in Jalandhar.
Year of cautious optimism ahead
Through the course of 2010, the realty sector evened out into a level playing field, with enough traction in the market to hold investor interest, with several on-going projects being delivered and others being launched.
Emaar uses Dubai Mall as security in $1bn loan
Emaar Properties has used Dubai Mall, one of the world’s largest shopping centres, as collateral to secure Dh3.6 billion (US$980 million) of financing from a trio of UAE banks.
BPTP ties up with HDFC for home loan at 5.99%
At a time when interest rates on home loans are hovering around 11-14 per cent, realty firm BPTP has joined hands with private sector lender HDFC to finance new purchases of houses at just 5.99 per cent for a limited period till December 31.