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February 2007 - Posts

Weighed down by a whopping $100 (Rs. 4,500) a tonne increase in the international price of hot rolled coils (HRC) in the last one month, Indian steel producers are gearing up to raise prices soon after the Budget. Prices of HRC, which had stabilized after Read More...
Even as there is a freeze on fresh approvals and notifications of Special Economic Zones (SEZs), the commerce ministry has written to 50 developers of SEZs, which already have formal approval, to furnish details of the projects’ current status. Read More...
Of 24 bidders, only Ambani Brothers have been shortlisted for the exclusive project of the development of 10,000 acre Knowledge City involving a whopping investment of Rs. 50,000 crore. The City would be catering to the demanding requirements of the IT Read More...
New Delhi, India, February 21, 2007 - Bharti Retail (Pvt.) Limited, a wholly owned subsidiary of Bharti Enterprises, today announced the strategic roadmap for its retail operations in India. As part of its plans to provide a world-class retailing experience Read More...
Bangalore, India, February 23, 2007 - Office space in Bangalore's IT suburb of Whitefield can be rented cheaper now than a year ago thanks to an oversupply situation in the area. Rentals for Grade A properties in Whitefield are now around Rs.20 per Read More...
Mumbai, India, February 22, 2007 - UK-based investment firm Dawnay Day International plan to invest $1.5 billion in Indian realty over the next few years. Areas of interest include residential developments, townships, and warehousing. Dawnay Day which Read More...
Bangalore, February 20, 2007 - Bangalore based real estate developer Brigade Group has launched a new project, Brigade Jasmine, in J.P. Nagar in Bangalore. Brigade Jasmine is a new addition to the large and beautifully laid out Brigade Gardenia enclave Read More...
Bangalore-based Nitesh Estates has announced that New York-based Och-Ziff Capital Management Group has picked up 25 per cent stake in the company for $51 million. Och-Ziff Capital Management Group is a global hedge fund with assets worth $21 billion, Read More...
2 & 3 Bedroom Just 6 Flats! • 1,225 sq. ft., 2 bath, 2 bdrm apartment "6 Apartments Totally" - MLS® Rs3,430,000 - Rs.34.3 Lacs onwards Bangalore South, Bangalore - This is an Exclusive Residential Complex with just 6 apartments Read More...
4 BHK Furnished Bunglow for Rent • 2,200 sq. ft.area, 4 bath, 4 bdrm bungalow "Duplex" - MLS® Rs19,000 LKR Monthly - Rs.19000/month! H.S.R. Layout, Bangalore - This is a 4 Bedroom Spacious Duplex Bungalow in HSR Layout Sector-1 Located Read More...
BANGALORE: After a decade of juggling with the idea and Bills presented for legislation rejected twice by the governor, the third time proved lucky for the government as well as lakhs of owners of properties with deviations. Now, those deviations can Read More...
Brigade Group Launched Its new Luxury Project named as Palm Springs on 24th Main, JP Nagar 7th Phase, the complex will have 172 luxury apartments.and is coming up within a 4-acre campus. The complex will have all 3-bedroom apartments, with a clubhouse Read More...
Bangalore Feb. 15 Presaging the potential of Hosur, the industrial town in Tamil Nadu abutting Bangalore, as a magnet for rapid development, a leading real estate company from Bangalore is promoting gated villa houses at a cost of Rs 30 crore. Announcing Read More...
IDEB Projects Pvt. Ltd., a Bangalore-based construction and property development company, has raised $32 million from a private equity placement with U.S.-based Samsara Capital, the Indian firm said. IDEB is is developing over 8 million sq. ft. of land, Read More...
Bangalore Feb.15 The city-based real estate developer DivyaSree Developers Pvt Ltd has received $100 million from TPG-Axon Capital, a global investment firm managing over $7 billion in capital, to pick up a minority stake in the company. According to Read More...
Royal 6 Bedroom Bungalow • 6,000 sq. ft. area, 7 bath, 6 bdrm Bungalow - MLS® Rs17,500,000 - Rs.1.75 Crore Bangalore, Karnataka - A Royal Bungalow for Sale for Chosen One! This is a Masterpiece by one of leading Architect not only Exterior is Read More...
Spacious Flat Low Price! • 1,210 sq. ft., 2 bath, 2 bdrm apartment "2 bedroom" - MLS® Rs2,900,000 - Rs.29 lacs+Reg Sarjapur Ring Road, Bangalore - Located strategically on Sarjapur Road, Ittina Soupernika is just a while away from the Read More...
Mumbai Based Property Developers B Raheja Builders has launched Their maiden Residential Project in Bangalore, Centrally located in up-market Rajmahal Vilas, Dollar Colony. The 6 towers of 20 floors each, stand amidst 11 acres of landscaping, Water, Fauna, Read More...
Property Developers will be paying an added tax on their premises for construction materials, over and above the money they have been paying to the builder to hold the property, says Supreme Court. The minimum VAT on construction material is at 4 per Read More...
Needless to say, Karnataka is fast transforming from a sleepy city into one of India’s fastest growing cities. One third of the state’s population lives in urban areas. Out of this, 40% are settled in Bangalore which had the distinction of Read More...
The plans to provide women property buyers with a uniform 3% stamp duty may fall into the ‘green box’. At present, the stamp duty on real estate purchases range from 7% to 12%, depending on states. However, the Capital city is the only exception Read More...
Bangalore, Feb 13: 12 hour bundh the previous day, has led to an immense loss to the state. It is estimated that over 500 crore of rupees is a loss to the industry. Industrial units and business establishments were shut down depicting their support for Read More...
BANGALORE: Registering a strong protest against the Cauvery Water Disputes Tribunal verdict, Karnataka, including the country's IT capital Bangalore, came to a standstill for a largely peaceful dawnto-dusk bandh on Monday. A few instances marred the Read More...
Bungalow in Posh Location of JP Nagar • 2,200 sq. ft., 4 bath, 4 bdrm bungalow "Grand Spacious Bungalow" - MLS® Rs11,000,000 INR - 1.1 Crore, JP Nagar Main Area, JP Nagar - 4 Bedroom BRand New Bungalow in Prime location of JP Nagar Read More...
New Delhi, India, February 09, 2007 - ASSOCHAM with the support of Ministry of Urban Development is organizing a National Conclave on the theme “60 Indian Cities : In Depth View of Realty & Infrastructure Opportunities” on 13 & 14th Read More...
Bangalore, India, February 8, 2007 - Karnataka Chief Minister, Mr H.D. Kumaraswamy, has announced that the Karnataka Government is looking to set up a 1,000 acre Aerospace SEZ in the State. He made this comment at the ongoing Aero Indo exposition. According Read More...
Bangalore, India, February 6, 2007 - The Karnataka government has succeeded in attracting interest from many large real estate developers for the 106 acre, Rs.350 crore biotech park project in Bangalore. The proposed "Helix" park located in Read More...
On 7th February(wednesday) Aero India started off here at Yelahanka Air Force Station, this is one of the most awaited Exhibition in not only India but in the whole Asia, with particpation of more than 50 International Companies and over 100 Aircrafts Read More...
Huge Bungalow on Rent Park Facing • 3,800 sq. ft., 5 bath, 5 bdrm bungalow "4 Bedroom 4 carpark" - MLS® Rs35,000 LKR Monthly - Rs.35k per month B.T.M. Layout, Bangalore - Bungalow located at posh location of Vijaya Bank layout-Behind Read More...
Dubai-based realty company Emaar group is all set to invest Rs 10,000 cr in developing malls in India through its joint venture company Emmar MGF Ltd. Mr Susil Dungarwal from Prestige group has been roped in to head the mall business. Emaar-MGF, which Read More...
Zurich-headquartered Credit Suisse, a 150 year old company providing a gamut of financial services, is looking at investing in the Indian realty sector. US-based financial services giants Goldman Sachs and Morgan Stanley have managed a strong foothold Read More...
At a recent real estate and urban studies panel discussion at Indian School of Business (ISB), Mr Shyam Prasad Reddy, MD & CEO, Indu Projects Ltd said that our Indian realty sector is expected grow from the present level of $14 bn to $102 bn in the Read More...
The American Chamber of Commerce in India (AMCHAM) recently declared that retail, food processing and real estate were the emerging sectors in India that can attract American small and medium enterprises into the country. The chamber is working towards Read More...
According to Cushman and Wakefield, a real estate research firm, Bengalooru (Bangalore) occupied the first position i.e. 33.75pct, of the 40 mn sq ft of commercial space leased or committed in India last year. Second stood the NCR comprising Delhi, Gurgaon, Read More...
With the explosion in retail and realty boom in India, 'going green' is going to become a buzz word with the corporates and end-users alike. The $6 bn Trane India, that provides heating, ventilating and air conditioning products (HVAC), is eyeing Read More...
The growing realty prices may see the world's biggest retailer Wal-Mart shifting from its global policy of owning its stores. According to sources, Bharti-Wal-Mart is exploring other models, including long-lease and rentals. Meanwhile, Bharti-Wal-Mart Read More...
Increasing wages and realty prices seem to be a serious concern for retailers in India. Considering the existing situation, Bharti group CMD, Mr Sunil Mittal, does not seem to be deterring his plans to open Walmart stores across the country including Read More...
An independent bungalow in South Delhi's Vasant Vihar has been taken on rent at a whopping Rs 114 per sq ft per month the highest in the country till date. The rate in the area is around Rs 45-70 per sq ft, though new construction could fetch as much Read More...
NEW DELHI: The Cauvery Water Disputes Tribunal on Monday allocated 419 tmc ft of water annually to Tamil Nadu and 270 tmc ft to Karnataka, which however will actually release only 192 tmc ft of water to Tamil Nadu in a year. In the much-awaited final Read More...
Fully Furnished Luxury Apartment • 2,000 sq. ft., 3 bath, 3 bdrm apartment "Luxurious Apartment" - MLS® Rs20,000 LKR Monthly - Rs.20000/month H.S.R. Layout, Bangalore - With amenities like Swimming Pool; Club House; Children's play Read More...
3 Bedroom Semifurn Rent • 1,900 sq. ft., 3 bath, 3 bdrm apartment "Spacious" - MLS® Rs15,000 LKR Monthly - Rs.15000/month H.S.R. Layout, Bangalore - 3 Bedroom Luxury Semi Furnished Apartment for Rent in HSR Layout. With 3 Spacious Bedrooms Read More...
Luxurious Gated Community Plot • lot / land "With Resort Features" - MLS® Rs3,450,000 - Rs.34.5 Lacs+Reg H.S.R. Layout, Bangalore - We have a 30x50 East Facing plot for sale for Rs.2300/sq.ft. In a well developed BDA Approved Residential Read More...
50x80 BDA Plot at 6th Sector • lot / land - MLS® - Call For Price H.S.R. Layout, Bangalore - HSR Layout 6th Sector 50x80 BDA Plot for sale. Very Prime location and nearest to the Outer ring Road. It is a North west Corner Plot with high Class Read More...
Walkable from HSR BDA complex • lot / land - MLS® - Reasonably priced Call Us H.S.R. Layout, Bangalore - 50ft x 80ft Residential BDA Plot, Walkable from BDA Complex, Located close to park, posh location of HSR layout - very close to HSR Ring Read More...
Bangalore based Sobha Developers Ltd has announced that the Company has received a Letter of Intent (LOI) from Continental Devices India Ltd (CONTEL) to construct its "Bella Vista" Shopping Mall & Hotel Project in Panchkula, Haryana. The Read More...