India to face real estate and construction crisis with demand-supply gap of 44 million core professionals by 2020
RICS has released its research report ‘Real Estate and Construction Professionals in India by 2020’.
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Indian realty expo in Doha tomorrow
Confederation of Real Estate Developers’ Associations of India (CREDAI)’s Kochi chapter is organising a two-day property expo, along with Times of India, starting tomorrow, Nov 18, at Regency Hall, Doha.
Ozone Group launches Urbana; raises Rs 500 crore
Ozone Group, the Bangalore-based realty developer, is raising a debt of Rs.500 crore from a consortium of banks led by State Bank of India (SBI) for its upcoming residential cum commercial township project – Ozone Urbana.
Rise in loans to real estate, retail disproportionate
The Reserve Bank of India (RBI) has pointed out banks’ disproportionate growth in loans to the commercial real estate sector, the retail segment and the infrastructure sector.
Pune office & retail real estate market overview Q4 2011
The availability of skilled manpower supported by availability of cost effective commercial real estate – especially in terms of Grade A projects – continues to drive demand for office properties in Pune.
DLF Q2 FY12 results show revenue up 3% at Rs 2,577 Crore
DLF Limited has recorded consolidated revenues of Rs 2,577 crore for the quarter ended September 30, 2011, an increase of 2% from Rs.2,520 crore in Q2 FY11.
India Vs. China in the global business sweepstakes
India and China have been forever up for comparison in the past. There has been no end to the debates on which of the two economies out-performs the other, and China seems to have emerged as the default favourite for any number of reasons.
RE/MAX launches global real estate listing site
RE/MAX, LLC has launched a new website, global.remax.com, which claims to be the first global resource for consumers, with hundreds of thousands of home listings in countries around the world.
Jones Lang LaSalle India bags M&A Deal Of The Year award
Jones Lang LaSalle India, the country’s largest and leading international property consultancy, has been honoured with the prestigious India M&A Deal Of The Year award in the Middle Markets category.
Raheja Developers forms JV with Dubai’s construction firm Arabtec Construction
Raheja Developers announced a joint venture with Dubai-based Arabtec Construction to build real estate projects in India and awarded contracts of Rs.1,020 crore to the JV firm for three housing projects.