India Real Estate: Snapshot 2011
Market forces of demand and supply are the most potent determinants of price and the developments in the real estate industry during year 2011 is the latest example.
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DLF, Hubtown unload Pune SEZ to Blackstone
Realty major DLF on Wednesday, Dec 28, announced sale of its information technology special economic zone (IT SEZ) in Pune to Blackstone Group.
ArthVeda launches second real estate fund
ArthVeda Fund Management (AVFM), a fund management arm of Dewan Housing Finance Corporation (DHFL), India’s 3rd largest mortgage finance company, has launched its second real estate fund – ArthVeda Star.
Property prices to remain range bound for H1 CY12: Makaan.com
The year 2011 can best be described as a lackluster year for Indian real estate sector. There were several headwinds that prevented the sector from delivering to its full potential.
Punjab realty sector to be sluggish till polls are over
The real estate sector in Punjab is likely to witness sluggishness in the run up to Assembly elections in the state next month.
Amrapali in funding talks with PE firms
Amrapali Group is negotiating to raise about Rs.220 crore from private equity (PE) firms to fund the construction of two of its large residential projects in Noida.
Morgan Stanley may invest $125 mn in Mumbai realty
The global real estate fund of Morgan Stanley is in talks with Mumbai-based Sheth Developers to invest $100-125 million in a residential project in Mumbai, sources with direct knowledge of the development said.
Gemideals.com enter strategic alliance with REMMA Services
Gemideals.com, the real estate group deals in Mumbai has announced its strategic partnership with REMMA Service, part of REMMA Group, consisting of an online information services company, and provider of full service infrastructure and advisory services.
Rupee depreciation brings NRIs back in property hunt
Though a depreciating rupee has its fall out on all other economic activity, it is rather helping the Indian property market.
Track2Realty releases India’s 1st Real Estate Yearly Handbook
Track2Realty, the e newspaper on Indian real estate has launched India’s first real estate yearly handbook, Focus 2012.