What drives realty market—commercial or residential?
The Indian real estate market has matured to the extent that it is seen as the best investment instrument, leaving behind gold and other traditional investment options.
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Winning the decade by GIREM
‘Winning the decade,’ is the focal theme of the fourth edition of GIREM, Global Initiative for Restructuring Environment and Management, the flagship urban development and real estate conference to be held at The Zuri White Sands, Goa.
Regus opens new business centre in Hyderabad
Regus, the provider of workplace solutions, has announced opening of a new business centre in Hyderabad.
Global housing market at weakest point since 2009
A report by real estate firm Knight Frank says worldwide mainstream house prices marginally avoided falling into negative territory with prices rising on average by 0.1% in the three months to June 2011 and by 1.7% over a 12-month period.
DLF gets CCI rap again over project violations, no penalty imposed
The competition watchdog Competition Commission of India (CCI) on Tuesday, August 30, found realty developer DLF guilty of abusing its dominance at one more project.
DLF in talks with IDFC to sell its Noida IT park stake
DLF, India’s largest real estate company, is in talks with IDFC to sell the entire 70% stake it holds in DLF IT Park, Noida.
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.
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.
ASK Property Investment Advisors to raise Rs 10 bn by December
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 poised for growth
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.