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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Strawood to Open 100 Hotels in India by 2015
Thu, 22/09/11 – 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
Thu, 22/09/11 – 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
Thu, 22/09/11 – 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
Tue, 20/09/11 – 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
Mon, 19/09/11 – 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
Mon, 19/09/11 – 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 …

APIIC-Emaar Probe: CBI Questions Chiranjeevi’s Son
Mon, 19/09/11 – 13:55 | No Comment
APIIC-Emaar Probe: CBI Questions Chiranjeevi’s Son

The CBI, which is probing the alleged irregularities in APIIC-Emaar Properties land deal, on Thursday continued examination of buyers of the villas sold by Emaar and also questioned Telugu film actor Ramcharan Tej, son of …

Panchshil Realty Confirms Sharad Pawar’s Lie in Asset Declaration to PM
Mon, 19/09/11 – 9:54 | No Comment
Panchshil Realty Confirms Sharad Pawar’s Lie in Asset Declaration to PM

A day after a Mumbai-based daily, DNA, exposed agriculture minister Sharad Pawar’s lie in connection with his Rs 12 crore assets declaration to the prime minister and the country, Panchshil Realty Group on Wednesday admitted …

Omaxe Likely to Raise Rs150 cr via Sale of Chandigarh Land
Mon, 19/09/11 – 5:53 | No Comment
Omaxe Likely to Raise Rs150 cr via Sale of Chandigarh Land

Delhi-based real estate developer Omaxe has put 25 acres of land in Chandigarh on the block and is expecting to raise around Rs 150 crore. The project was earlier slated to be a mixed development …

20.2% Decline in PE Investment in Real Estate Sector
Sat, 17/09/11 – 22:44 | No Comment
20.2% Decline in PE Investment in Real Estate Sector

Private equity investment in India’s real estate sector declined by around 20.2% to $831 million (about Rs 3,740 crore) in the first five months this fiscal due to sluggish demand. Factors like tight availability of …