Mumbai residential property investor update
Despite the strong probability of correction of residential property prices…
Despite the strong probability of correction of residential property prices…
The only constant is change. This has been an axiomatic truth for the Indian real estate market over the last 24 months, with volatility having become a byword to describe it.
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.
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.
The only constant is change. This has been an axiomatic…
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.
Aman Resorts, the chain of luxury resorts owned by DLF may be sold for more than $400 million, according to the sources.
Edelweiss Housing Finance Ltd (EHFL), the housing finance arm of Edelweiss Group, has launched its operations in Pune.
Both absorption and leasing activity remained robust in Pune in 1H11. Net overall absorption was 2.3 million sq ft (213,591 sqm), with 1.5 million sq ft leased during 2Q11.
Interstate Hotels & Resorts, announced that JHM Interstate Hotels India, a 50/50 joint venture management company between Interstate and JHM Hotels, has signed contracts to operate two more hotels in India.