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July 2, 2012

Godrej Properties creates a Rs.770 Cr residential development platform with an APG-led global investor consortium

Godrej Properties (GPL) has announced creation of a residential development platform with Rs. 770 Crore of equity commitments comprising of a group of global investors led by Dutch pension services provider APG, one of the largest pension fund managers and real estate investors in the world. The investor group also includes Sparinvest Property Fund II, a global real estate fund-of-funds managed by Sparinvest Property Investors.

Company News

June 10, 2012

Sahara makes hard-to-believe claim of launching 68 projects

Sahara Infrastructure and Housing, of late being in the news for market regulator Securities and Exchange Board of India’s (SEBI) rap for mopping up Rs 17,400 crore through debentures and delayed project completion has now announced another 68 projects within FY 2012 – 13 across India. A statement issued by Sahara claims to introduce 10 lifestyle township projects, of which 9 will be self sufficient integrated townships under the brand name of ‘Sahara City Homes’ and 1 under the brand name of ‘Sahara Grace’.

Company News

Delhi NCR real estate, Bangalore Real Estate, Track2Media, Track2Realty, ravi sinha, india realty news, india real estate news, real estate news india, realty news india, india property news, property news india, india news, property news, real estate news, Mumbai Real Estate, India Property

May 30, 2012

Omaxe Q4 net more than doubles at Rs 23.73 crore

Omaxe has reported a more than two-fold jump in its consolidated net profit at Rs 23.73 crore for the quarter ended March 31, 2012 as against Rs 11.67 crore in the year-ago period.

The income from operations increased by six per cent to Rs 603.58 crore in the fourth quarter of 2011-12 as compared with Rs 568.60 crore in the corresponding period of previous year.

Headlines

April 24, 2012

Policy ambiguity in real estate

Ravi Sinha: I welcome all the panelists in this roundtable discussion. We are organizing the brain storming session for our inaugural yearly Handbook Focus 2012. This is the second of the series after the 1st discussion in Mumbai on “Funding Gap in Real Estate.”

Headlines

March 16, 2012

Budget leaves realty with glass half full or half empty indecision

The Union Budget 2012-13 has left the Indian real estate sector grope with the indecision yet again and everyone is wondering whether the Finance Minister’s offer is glass half full or half empty for them.

Headlines

March 8, 2012

Banking, Finance & IT catalytic to SME clusters growth

Realtors who are in the business of developing SME clusters believe in recent years, the metro cities have also seen a good increase in SMEs, which have catapulted themselves into mid- to large sizes within 3 to four years.

Headlines

March 8, 2012

Real estate boom to help develop facilities management services market in India

Netscribes, a knowledge consulting solutions company, announces the launch of its report Facilities Management Services Market in India 2012.

Headlines

March 7, 2012

Realty welcomes proposed housing tax exemption but….ye dil maange more-I

It seems the euphoria within the realty sector over the proposed income tax exemption limit on housing loans from Rs. 1.5 lakhs to 3 lakhs has faded even before the union Budget 2012-13 is formally presented.

Headlines

March 4, 2012

SME doesn’t necessarily mean small; realtors have big plans

Small & Medium Enterprises (SMEs) have come a long way from being seen as mere start-ups. Track2Realty finds that in terms of growth rate they are catalyst to the economic activity and a key demand driver of office space absorption.

Analysis

January 14, 2012

2012: Year of cautious optimism for real estate-IV

The much anticipated opening up of Foreign Direct Investment (FDI) in multi-brand retail has renewed interest of several large international retailers in Indian retail market.

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