Edelweiss Housing targets Rs 1000 cr loan biz by 2015
Edelweiss Housing Finance Ltd (EHFL), the housing finance arm of Edelweiss Group, has launched its operations in Pune.
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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.
NHB residex shows Chennai gallops ahead of 15 other realty markets
Ever since the National Housing Bank (NHB) started preparing residex – an index for tracking the prices of residential properties in 2007, Chennai has been in the news for steep increase in residential prices.
Stronger law on anvil to confiscate benami property, punish offenders
The government plans to enact the Benami Transactions (Prohibition) Bill, 2011, to replace the existing Benami Transactions (Prohibition) Act, 1988.
Godrej Properties, SBI enter realty projects marketing pact
Godrej Properties has entered into a pact with State Bank of India to market its realty projects to customers across India and overseas.
CapitaLand enters Indian hospitality sector
CapitaLand, one of Asia’s largest real estate firms, will spend…
Andhra Pradesh Realtors Association to host 3rd NAR – India Convention 2011
The 3rd NAR–India Convention 2011 is being hosted by Andhra Pradesh Realtors Association (APRA) in Hyderabad.
Godrej Properties promoters to dilute stake
Godrej Properties could look at dilution of promoters’ holding in the company in the next six months.
Indian Angel invests $1 mn in realty portal GrOffr
Angel investors, Indian Angel Network has invested $1 million in the Mumbai-based real estate portal GrOffr.com for a minority stake.
Realtors pull out of affordable housing projects
More than half a dozen builders, including Ahmedabad-based Bakeri Group, Lodha Developers and Indiabulls Real Estate, have either pulled out of the affordable-housing segment or have changed their offering.