Realty Bill may open new doors to transparent, secure home buying
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Tue, 6/12/11 – 15:41 | No Comment

For many, buying a residential property is the biggest investment they make in their lifetime. Last week, the government released for public comments a draft Real Estate Regulation Bill, which is said to be on …

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IDFC to Acquire IT Park Owned Jointly by DLF & 3C for Rs 512cr
Monday, 26 Sep, 2011 – 11:50 | No Comment
IDFC to Acquire IT Park Owned Jointly by DLF & 3C for Rs 512cr

Infrastructure Development Finance Corporation (IDFC) will acquire an IT park jointly owned by DLF and The 3C Company in Noida for Rs 512 crore. The 1.36 million sq ft IT park, partly occupied by Computer …

FDI in Real Estate Sector Lowest in 4 Years
Monday, 26 Sep, 2011 – 7:49 | No Comment
FDI in Real Estate Sector Lowest in 4 Years

Foreign direct investment (FDI) in the real-estate sector last year was the lowest in four years, but private equity activity gained momentum during the recent months, according to a study by an Indian industry chamber …

Developers Lure Doha NRIs to Invest in India
Thursday, 22 Sep, 2011 – 22:41 | No Comment
Developers Lure Doha NRIs to Invest in India

Indian property developers called upon potential buyers in Doha to take advantage of recessionary trends in the global economy and make investments in the real estate sector of growing economies like India. The two-day Indus …

Sahara Prime City launches residential complex in Kochi
Thursday, 22 Sep, 2011 – 18:39 | No Comment
Sahara Prime City launches residential complex in Kochi

Sahara Prime City Ltd (SPCL), the real estate company of Sahara India Pariwar, has launched Phase II of its Sahara Grace brand of residential complex in Kochi. The launch of Phase II is an outcome …

Strawood to Open 100 Hotels in India by 2015
Thursday, 22 Sep, 2011 – 14:36 | No Comment
Strawood to Open 100 Hotels in India by 2015

Leading global hotels and leisure company Starwood Hotels and Resorts Worldwide is targeting a portfolio of 100 properties in the country by 2015. The company’s main focus will be on smaller cities for its business …

SEZ Developers Seek Additional Time to Complete Projects
Thursday, 22 Sep, 2011 – 10:11 | No Comment
SEZ Developers Seek Additional Time to Complete Projects

Reflecting a lack of enthusiasm in special economic zones (SEZ), 44 developers, including Tata Consultancy Services (TCS) and Parsvnath SEZ, have sought more time from the government for implementing their projects. DLF Commercial Developers, Navi …

Real Estate Baron Niranjan Hiranandani Denies Entry into Politics
Thursday, 22 Sep, 2011 – 6:02 | No Comment
Real Estate Baron Niranjan Hiranandani Denies Entry into Politics

Real estate baron Niranjan Hiranandani has said he had no plans to take a plunge into politics, and he was happy being in corporate sector. “No, it is not my cup of Tea,” was the …

44 SEZ including TCS, Parsvnath, DLF and other developers seek more time to implement projects
Tuesday, 20 Sep, 2011 – 6:00 | No Comment
44 SEZ including TCS, Parsvnath, DLF and other developers seek more time to implement projects

NEW DELHI: Reflecting a lack of enthusiasm in special economic zones, 44 (rpt) 44 developers, including TATA Consultancy Services and Parsvanath SEZ Ltd have sought more time from the government for implementing their projects.
DLF Commercial …

Monsoon discounts good for best real estate deals
Monday, 19 Sep, 2011 – 21:58 | No Comment
Monsoon discounts good for best real estate deals

For most developers across the country, the monsoon is usually a lean season in terms of sale. Add to that shraadh or pitrapaksh, which comes closely on the heels of the US financial crisis, increasing …

JLL to Foray into Sri Lanka Real Estate Market
Monday, 19 Sep, 2011 – 17:57 | No Comment
JLL to Foray into Sri Lanka Real Estate Market

Jones Lang LaSalle yesterday announced plans to enter the real estate market in Sri Lanka. “Jones Lang LaSalle is opening a full-fledged operations branch in Sri Lanka. It is the first IPC to venture out …