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25 January 2009
Goldman Sachs Buys A Rs 30 Crore Stake In Indiabulls Real Estate
Foreign fund Goldman Sachs Investments Mauritius (India) has bought shares worth Rs 30.84 crore in Indiabulls Real Estate through open market transactions. As per the information on bulk deals available on the National Stock Exchange, Goldman Sachs Investments Read More...
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13 December 2007
IT Companies Trickle to Tier III Cities
In view of the appreciating rupee, high wages and increasing real estate prices, big, medium and small IT firms have made a successful entry into tier-II cities. Encouraged by their progress, many small IT firms are now exploring tier-III cities such Read More...
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13 December 2007
Piramal Group Enters the Real Estate Market
Piramal Enterprises, part of the Ajay Piramal Group, is planning to develop properties in Mumbai's central and northern regions. The company has set up a joint venture (JV) with Sunteck Realty, Mumbai-based real estate developers. The move comes close Read More...
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23 October 2007
Need of Real Esate Regulatory Body in India
If you want to buy an insurance policy, you have to purchase the policy from an insurance agent recognised by the Insurance Regulatory Development Authority. If you want to invest in fixed deposits, you have to follow RBI guidelines. If one wants to invest Read More...
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23 October 2007
Government Clears 14 new SEZs
Government approved 14 proposals for setting up SEZs, including those of TCS and Singapore-based realty major Ascendas but deferred a decision on plans by DLF and Unitech Hitech for setting up tax-free zones in Noida in the NCR region. Formal clearance Read More...
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23 October 2007
US Group unviels Dh 4.3 Billion Resort in UAE
US-based PKN Group said it will develop a Dh4.3-billion resort to bring "Las Vegas-style" living and entertainment to a desert area of Ajman near the border with Ras Al Khaimah. To hammer home the point that it would be fit for celebrities to Read More...
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23 October 2007
Navi Mumbai SEZ to include Co-Developers
The Government has cleared seven co-developers in Mukesh Ambani-promoted Navi Mumbai SEZs , thus endorsing fresh investment through private equity players by a key partner of the RIL Chairman. "The Board of Approval gave a green signal to the Navi Read More...
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23 October 2007
Shaikh Mohamed pays Surprise Visit to CityScape, Dubai
His Highness Shaikh Mohammed bin Rashid Al Maktoum, Vice-President and Prime Minister of the UAE and Ruler of Dubai, paid a surprise visit to Cityscape, the world's largest real estate exhibition which concluded here yesterday. A B2B (business-to-business) Read More...
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19 October 2007
SBI and ICICI Bank Reduces Its Rate Of Home Loans
To add more colour to the festive season, State Bank of India, has reduced interest rates on home loans by 0.5-1 per cent for different maturities. The new rates will be applicable for all new loans sanctioned on or after October 8. The scheme is valid Read More...
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19 October 2007
DLF Goes Abroad To Raise Funds
The biggie of the real estate sector wants to grow bigger, as DLF Ltd plans to borrow $1.5 billion overseas to fund new projects and acquisitions in the next 30 days. It will spend half of the money on buying shares in DLF Offices Trust, a Singapore based Read More...
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19 October 2007
Pucca House Still Remains A Dream For Poor
For the poor and unprivileged section of Indian Society owning a pucca house still remains a dream. Whereas the World Bank report of April 2007 shows the amazing impact of replacing dirt floors by cement floors in Mexico, adults reported 69 percent higher Read More...
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19 October 2007
Advertisers looking at your skin in a new way-Handvertising!
So you have seen advertisements from commercials to billboards. Now advertisers are looking at your skin to place their ads! Look at how this Orange County based company is getting venues to let advertisers on their customer’s hands. This is a new Read More...
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08 June 2007
Property’s most favoured FDI destination: Residential sector
94 per cent foreign direct investments have been made in tier-I cities like Delhi, Mumbai and Bangalore New Delhi , June 7: About $30 billion of foreign direct investment (FDI) is earmarked for real estate markets across Asia in 2007. Of this pie, India Read More...
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25 May 2007
Real estate bubble? Increased supply is the solution !
The government is on the horns of a major dilemma when it comes to the real estate sector. Over the past few weeks it has sought to systematically choke external fund flow to this sector. The budget restricted benefits of venture capital investments to Read More...
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16 April 2007
NRIs buy India story, pump in Rs 100 cr in just 2 months
While the retail investor in India is increasingly becoming sceptical about investing in the volatile equity market at current levels, NRIs are taking a contrarian view on the same. The NRI community, which till a few months ago was pulling out money Read More...
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