Peninsula Land forms JV with Brookfield AMC for real estate fund
Peninsula Land and Canada based Brookfield Asset Management have formed a 50:50 JV to launch a real estate fund for investments in India.
Peninsula Land and Canada based Brookfield Asset Management have formed a 50:50 JV to launch a real estate fund for investments in India.
TATA Housing has announced its plans to expand its presence in the tier-II cities of India, by signing its first PPP venture in the ‘Temple City of India’ – Bhubaneswar, in association with Bhubaneswar Development Authority (BDA).
Maharashtra Chamber of Housing Industry (MCHI), is organising its Property Show in Dubai, U.A.E. from January 12 – 14, 2012.
India-based Pacific Real Estate Development has announced its first property venture in Dubai, the 28-storey luxury tower at Tecom Media City.
Investors Clinic Infratech, the real estate marketing and brokerage firm operating under the brand name of ‘Investors Clinic’, has set up its first international operations in Dubai.
Even as global economic slowdown and uncertainty in financial markets have battered the real estate industry countrywide, properties in Kolkata and Chennai bucked the trend with steady demand in affordable and mid-segment housing.
RE/MAX, LLC has launched a new website, global.remax.com, which claims to be the first global resource for consumers, with hundreds of thousands of home listings in countries around the world.
The impact of slowdown is already being felt on the real estate market with residential segment witnessing sluggish demand across all the major cities.
Mumbai real estate is debating over a possible price correction as sale registrations for September recorded a 29-month low at 4,137, down 22 per cent year-on-year.
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.