Billionaire Zell to invest in Indian realty
Billionaire Sam Zell said he is entering the real estate markets in Colombia and India in the next two weeks as he continues to favor international investments over U.S. property deals.
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Sri Lanka, India venture in US$200m development
Sri Lanka’s Rank Holdings, a group which has interests in gaming, power and logistics, is planning a 200 million US dollar hotel and residential complex in the capital Colombo with an Indian partner, an official said.
Indian realty sector to face tough time in next 12 months
With the US and European debt crisis affecting sentiments across the world, the Indian real estate sector is likely to see a gloomy phase in the next 12 months.
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.
Malaysian Government asks people to invest in Indian property
The prices of properties in India will increase by five to six times in the next five years, said Deputy Minister in the Prime Minister’s Department Datuk SK Devamany today.
World’s largest Casino company to enter Indian property market
The world’s largest casino entertainment company, Caesars Entertainment Corporation is in talks with leading Indian developers and hospitality players to expand its presence in the country.
iProperty.com India partners with CREDAI Pune Metro’s online property exhibition e-Profest
CREDAI (Confederation of Real Estate Developers’ Associations of India) Pune is organising ‘e-Profest’, a virtual realty expo.
Unitech to set up Great India Place in Kochi, Kerala
Unitech will set up Great India Place (GIP) in Kochi, Kerala. The project consists of a hotel, shopping mall and office complex.
US credit rating downgrade – Indian real estate holds its breath
Over 60% of Indian software exports are to the US, and nearly 20% are to Europe. Since both these geographies are affected, there will eventually be an impact on Indian IT companies.