Mahindra group to foray into low-cost housing
Budget housing is fast becoming big business with more and more real estate companies trying to please the masses with pocket-friendly offerings.
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Gujarat realtors withdraw stir as Govt cuts jantri by 50 per cent
Real estate developers across Gujarat have withdrawn stir as the government decided to give a 50% relief on increased jantri rates.
CB Richard Ellis’ predicts surge in retail realty
Demand for residential development will continue to remain unabated, but the requirement of real estate by retail industry over the next five years and even thereafter will provide a major thrust to the property market in India, said CB Richard Ellis’ global president Robert E Sulentic.
Malls turning out to be reason of worry for realtors
Unsold, vacant, no takers…these words aptly sum up the story for real estate developers into malls in India. Even though retailers are spreading their wings once again after the slowdown, the absorption of malls remains sluggish, leading to high vacancies.
Oberoi Realty campaign takes a lateral communication route
While real-estate and property advertising in India has been mostly lacklustre, a new campaign by Mumbai-based realty developer Oberoi Realty has broken the mould.
CBDs losing sheen to PBDs
Central Business Districts (CBDs) are supposed to be the lifeline of the city and a mirror of the economic activity and real estate market trend.
Commercial space demand in India to touch 160 mn sq ft by ’14
Demand for commercial office space across the seven major cities in India is estimated at around 160 mn sq ft by 2014, a latest study by real-estate services firm Cushman and Wakefield Research (CWR) said.
Ashiana Housing launches resale & rental services
Ashiana Housing strengthening its Facility Management arm, has launched resale and rental services for Ashianaites.
Kotak property arm to rise up to $500 mn for India buys
Kotak Realty Fund, the property investment arm of India’s Kotak Mahindra Bank, plans to raise as much as USD 500 million by the second quarter of this year, in a bet on the long term case for property in Asia’s third-largest economy, a top official said.
Dubai mulls new mortgage model to boost real estate
Dubai International Financial Centre (DIFC) and Absalon Project, a joint venture between affiliates of VP Securities and Soros Fund Management, have launched a feasibility study for a mortgage system in the UAE, based on the principles of the Danish Mortgage Model.