India’s ASK Property Investment Advisors aims to raise a Rs.10-billion ($219 million) fund by December in a bet on the long-term case for property in Asia’s third-largest economy, said a top official.
Pune real estate is poised for growth both in residential and retail segment. While the demand-supply gap indicates that residential prices may go up, the retail segment of the city is also showing strong signs of revival.
The police has been asked to verify complaints from Mumbai-based investors against the PACL realty; firm denies any wrongdoing.
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.
Raids by income tax sleuths on the offices of realty firm M3M recently yielded Rs.314 crore unaccounted income.
DLF is selling a 13-acre plot in Gurgaon, Haryana, as part of its plan to ease its debt burden through asset sales.
Document No 17/49/2007 – GAD – II (XXXXIX) dated 11/03/2011 and titled ‘Confidential Most Immediate Cabinet Matter’, reads ‘An extract of the decision taken on the Item/s in the XXXXIXth Cabinet Meeting of the Council of Ministers held on 09/03/2011 at 3.00 pm under the Chairmanship of the Chief Minister in the Cabinet Room.
The net profit in the June quarter is down for all major listed real estate companies is a matter of worry for the sector in general.
Lebua Hotels & Resorts, an international luxury hotel chain with properties in Bangkok and New Zealand is all set to enter the Indian market.
Hotel chain Hilton will set up 50 hotels in the next five years, out of which six hotels are operational in New Delhi, Mumbai and Chennai.