India Property invests Rs. 120 crore in Ramprastha’s Gurgaon project
Private equity firm India Property Fund has picked up a 49% stake in Ramprastha Group’s housing project Skyz in Gurgaon for Rs.120 crore.
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Supreme Court upholds decision against flats in Noida Extension
The Supreme Court today, July 6, upheld the Allahabad High Court order that had quashed the Greater Noida Authority’s acquisition of land in the Shahberi village.
Tata Housing goes to Maldives with villas
Tata Housing has announced a Rs.1,000-crore foray into Maldives with villas priced at a princely Rs.30 crore each.
Unitech ramping up retail business to invest Rs. 2,000 cr
Unitech Ltd is expanding its retail development business and plans to invest around Rs.2,000 crore over the next three years to develop about 2 million sq. ft of premium and luxury shopping malls.
Tips on buying into an under-construction project
The primary advantage would be that an under-construction property will invariably come cheaper than a ready-for-possession property.
UK’s Whitbread to invest Rs 535 cr on hotels in India by 2020
UK-based hospitality firm Whitbread today said it will invest 75 million pounds (over Rs 535 crore) in India by 2020 to fund its hotels business in the country.
DLF shares rises on RBS upgrade, debt-cut plan buzz
Shares of DLF rose six per cent in Monday’s trading on expectations the company’s debt reduction strategy was falling in place, said analysts tracking the stock.
NHB finds fall in property prices in seven cities
Property prices in seven cities across India dropped by 2.63 per cent to 17.6 per cent during the January to March quarter, according to the latest data released by the National Housing Bank.
Jones Lang LaSalle India Launches Corporate Finance Division
Jones Lang LaSalle India, the country’s largest international property consultancy, has launched an exclusive Corporate Finance division.
Akshaya Homes to enter Karnataka, Kerala by 2015
Chennai-based property developer Akshaya Homes proposed to enter Karnataka and Kerala realty market by 2015, a top company official has said.