The $250-million First Indian Real Estate (FIRE) Capital Fund Ltd will be joining the affordable housing bandwagon. According to industry sources FIRE Capital is currently in the due diligence stage with the affordable housing investment. …
The real estate market is once again booming in the Chandigarh periphery, if the official figures of land registration deeds are any indication. The number of land registration deeds touched an all-time high in two …
In a meeting at Mumbai’s Grand Hyatt Hotel, leading city-based real estate developers discussed ways to counter the slump in home sales which has persisted for almost a year now. Developers have limited options before …
Bangalore city is getting ready for luxe homes that cost a cool $3-5 million. That’s a whopping Rs 15 crore to Rs 25 crore for an apartment. The onslaught on the super-premium condo category is …
Indian developers don’t feel they are facing anything threat of takeovers despite the real estate downturn. In a scenario where most companies are heavily leveraged and that too at high interest rates, analysts say the …
The Madhya Pradesh government will be tying up with Gwalior Agriculture Company Ltd (GACL), a subsidiary of Gwalior Sugar Company Ltd (GSCL), which has proposed a special project comprising a special economic zone. The company …
Taj Hotels, Resorts and Palaces, part of Indian Hotels Company Limited (IHCL), plans to launch two five star hotels in Bahrain. The company has formed a JV with a real estate developer to work on …
Real estate developer, Wellwisher Group, has entered the hospitality industry and is constructing a four star business hotel at Palm Beach Road in Navi Mumbai. It will invest about Rs 40 Crore in the project …
PBEL Property Development (PPD) has tied up with engineering and construction company L&T for its project, PBEL City, on the outskirts of Hyderabad. Under the agreement, L&T will build about 2,000 apartments for PBEL on …
The steep rise in real estate prices and interest rates for borrowers has affected the demand for housing projects in NCR. The first half of this year saw a marked shift in developers’ strategy towards …
