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April 2008 - Posts

The Prestige Group, leading property developers, will be setting up a luxury resort hotel here in association with Marriott International at a cost of Rs 800 crore. The 300-room property, with a golf course and ultra luxurious villas set against the backdrop Read More...
Unmasking property discounts and the free gifts It is a true that some developers are unable to sell houses and are offering discounts to lure purchasers in Bangalore. But, recent buyers have also discovered that many of these discounts are only marketing Read More...
Land, capital and execution skills — most players in the real-estate business come armed with the first of the three considered mandatory to break through in the business. But Mr Prakash Gurbaxani, CEO, QVC Realty, the country’s first private Read More...
ANZ National Bank Ltd., New Zealand's biggest lender, plans to move some operational and processing work to Bangalore over the next 18 months. By the end of 2009 about 5 percent of the bank's work will have moved to the Indian city, Wellington-based Read More...
Citigroup’s real estate arm is set to invest around Rs 400 crore ($100 million) in Bangalore-headquartered Golden Gate Properties for about 10% stake, sources said. The deal is expected to value the tier-II real estate firm at a little over $1 billion. Read More...