Articles Archive for March 2009
Notwithstanding the slowdown, city-based developer Ambuja Realty plans to unveil three new real estate projects in West Bengal this year, a top company official says. The projects comprise a 150-room hotel, a mall and an …
The slowdown in the real estate market has hit over 1,700 workers of the now-defunct Pal Peugeot plant in Dombivli after Citra Developers last year backed out of its bid of Rs 676 crore for …
At a time when property prices have been moving southwards and experts are predicting a tough period ahead, private equity firm ASK Investment Holdings has launched its Rs 500-crore real estate fund. ASK’s management thinks …
A plan to boost the revenues of airports in smaller cities, by leasing out land to private developers, has run into rough weather because of plummeting real estate values. The country’s largest airport operator, state-run …
Bharti Enterprises on Friday announced the appointment of David Rebello as the CEO of its real estate arm Bharti Realty Ltd. Before joining Bharti, Rebello was the Managing Director of DLF Home Developers, a subsidiary …
The unprecedented rush for flats constructed by the Maharashtra Housing and Area Development Authority (MHADA) has proved that even in times of recession there is a huge demand for affordable housing in Mumbai.
Mhada’s affordable housing …
Ambuja Realty will move ahead with the strategy to broaden its horizons into real estate, hospitality, life care and education at the period of economic slowdown.
Mr. Harshavardhan Neotia, chairman of Ambuja Realty, said that the …
India’s second largest listed real estate company, is looking at restructuring a Rs 800-crore loan from public sector banks, as it attempts to save itself from sinking under the huge debt burden. The company is …
With reduction in land prices , an average 30% across India in the past 6 months, many medium-sized developers are trying to renegotiate the joint development agreements, they had signed with landowners earlier.
“Renegotiations have definitely …
Being a customer centric organisation, Disha Direct shares a very strong bond with its 4000 happy customers. In the past five years, the organisation has recorded the emotions that very patron associates with Second Homes. …
