Eiffel Group enters into agreement with IREF
Eiffel Group has announced to enter into an agreement with India Realty Excellence Fund (IREF) to develop one of its largest plotted development project at Karjat.
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Online booking for properties picking up: CREDAI
A large number of people in Pune have been showing keen interest in booking their properties through an online mode.
Magicbricks.com launches PropIndex
The India Apartment Index rose 3% during April-June 2011 quarter compared to the previous quarter, the “PropIndex, the India Apartment Index”, launched by Magicbricks.com, rated as India’s No. 1 property portal showed.
L&T Realty to build PPP railway station for Rs 1,500 crore
The realty arm of Larsen & Toubro (L&T) plans to start the process of upgrading a railway station at Seawoods in Navi Mumbai over the next two 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.
Silvex Realty forays into hospitality
Mumbai-based Silvex Realty Limited with services in construction, real estate and infrastructure has forayed into the hospitality industry.
CREDAI pats BMC, asks for extra FSI in Pune too
CREDAI welcomed the BMC’s announcement that the redevelopment projects in the city will not be covered under new DC rules for levying extra premium on FSI for certain areas.
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.
Oberoi Realty ropes in a global contractor for key Worli project
It is not slowdown for some of the realtors, while others are feeling the heat. If the signature projects of some of the developers are any indication, market is still good if you don’t have crisis of credibility.
Realtors have been adding Rs14 crore debt a day
The debt load of 11 listed real estate companies in the country has risen 15%, or by Rs.5,000 crore, to Rs.38,500 crore in the last 12 months.