When 80 years old Ramakant Apte in California read what filmmaker Karan Johar said about his birthplace Bandra as the new heart of the city, he got so nostalgic that India visit in general and moving around his good old queen of suburbs in particular was his wish list number one.
Realty firms are making a beeline to private equity investors for money to repay mounting debt portfolios. With commercial banks turning cautious about lending to the real estate sector, industry players strapped for cash are seeking equity capital to ease the liquidity crunch.
The term Vastu, meaning a dwelling place, was initially used to refer to the homes of gods and human beings. However, with time, it came to be associated with the right location as well as design of almost any and every structure.
Emaar Properties PJSC, Dubai’s largest real-estate firm, has asked consultants and investment bankers to value its Indian joint venture Emaar MGF Land Ltd’s assets.
According to the 2010 census, Mumbai now houses around 14 million people, which makes it India’s most populous city and the world’s second-most populous city.
Atlanta Ltd has announced that it is a company with deep rooted presence in three of the country’s fastest growing segments; infrastructure development, mining and realty.
Ashiana Housing strengthening its Facility Management arm, has launched resale and rental services for Ashianaites.
The Confederation of Indian Industry (CII) has said there is a need to improve the infrastructure and increase in flow of capital in the housing segment, given the increase in the land prices.
Chennai-based real estate developer True Value Homes is planning to invest Rs.800 crore over the next three years to develop around 12 projects, majority of which will be in the residential segment.
Ashiana group has announced the completion of Phase 3 of its group housing project. Just half an hour’s drive from Gurgaon. Ashiana Aangan is strategically located at Bhiwadi, one of the fastest growing townships and industrial hub in northern India.