Sobha buys out Pan Atlantic Investments
Bangalore-based Sobha Developers has bought entire equity of its joint-venture partner, Pan Atlantic Investments Limited, a Dubai-based PE investment company for Rs.98.5 crore.
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…and that promises living on Cloud 9
Would you like to have the luxury of global landmark Al Burj of Dubai in India only?
Malaysian PKNS to build 1,000 affordable houses in Mumbai
The Malaysia’s Selangor State Development Corporation (PKNS) has forayed into India’s real estate sector and is close to concluding a deal with a leading developer to build affordable houses in Mumbai.
Residential property – A shadow of caution on the festival Of lights
The festive season looks a bit subdued for property buyers this year. The price corrections that were anticipated in the primary cities have not materialized, at least not in the hoped-for magnitude.
MCHI Property 2011 Exhibition concludes with resolution of safe and secure home buying
MCHI Property 2011 Exhibition concluded with a record footfall of 86,882 visitors.
MCHI to focus on Mira-Virar infrastructure development
The infrastructure development and building approvals in Mira-Virar area came into sharp focus at the 1st AGM of the MCHI’s MVC Unit.
CREDAI urges CCI to probe artificial shortage of cement
The apex body for realty sector, CREDAI, has approached Competition Commission of India (CCI) seeking enquiry against artificial shortage of cement and exorbitant price hike by leading manufacturers.
HDFC to raise $600 million for property fund
Housing Development Finance Corp, India’s largest mortgage lender, plans to raise its fourth property fund from overseas investors, said two people close to the development.
Godrej Properties in land pact with Godrej & Boyce
Mumbai-based Godrej Properties Ltd has entered into an agreement with associate company Godrej and Boyce (G&B) for the development of the latter’s large land holdings in the eastern part of Mumbai.
NCR, 6 cities to see shortage of 1.3m houses in 5 yrs: C&W
Housing supply is estimated to fall short of demand by 1.3 million units in seven major cities of the country during the next five years, according to a report.