The current global scenario might be one of gloom, with markets in the US and in Europe on the brink of a double dip recession, but interest in Indian real estate is still high among global investors
India received foreign direct investment (FDI) worth $2.83 billion in August, an over two-fold jump compared to that in the same month last year, an official said on Monday.
Integrated township, 5-star hotel, shopping malls, multiplexes, and luxury apartments… backed by the NRI investment Nagpur is fast catching up on the real estate map of India to emerge as the tier I city.
The festivities around Navratra and Diwali are known to cheer up the sentiments of the property market.
Retail chains across the country are signing up for space in a big way, after a long pause that had followed the economic downturn.
DLF and The 3C Company are likely to sell their IT Park in Noida to Infrastructure Development Finance Company (IDFC) for about Rs.500 crore.
Foreign direct investment (FDI) in the real-estate sector last year was the lowest in four years, but private equity activity gained momentum during the recent months, according to a study by an Indian industry chamber and a global accountancy firm.
Real estate developers have called upon potential buyers in Doha to take advantage of recessionary trends in the global economy and make investments in the real estate sector of growing economies like India.
Continuous rise in interest rates by the banks is dampening the effort of the real estate companies to reduce debt by selling non-core assets.
Thane-based Puranik Builders has recently launched a major project ‘Know Your House’ (KYH) for school children as a part of their commitment to Corporate Social Responsibility.