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As two main business districts of the city have reached a saturation point, the Mumbai Metropolitan Regional Development Authority (MMRDA) is planning to acquire 1.84 crore sq mt of land to set up alternative business hubs to build new rental housing projects and other facilities. The acquisition of 11 plots across the Mumbai Metropolitan Region ...

Measures announced by the Central government to stimulate the economy by ensuring cheaper loans for homes and industry has raised hopes for people in the real estate and banking sectors. Banks like IDBI Home Finance, ICICI and SBI are anticipating that demand for home loans would increase by 20% in a couple of weeks as queries for home loans have ...

Dutch property manager ING Real Estate plans to invest in India, Turkey, Europe and the Americas to meet demand and benefit from relatively high returns. The real estate unit of financial services division of ING Group, which managed 94.4 billion euros ($130.2 billion) in property globally as of March 31, plans to invest 0.5 to 1 billion euros in ...

Berggruen Holdings is a private company, with interests in private equity, stocks and bonds, hedge funds, art and real estate. Berggruen Holdings is a New York-based fund which manages proprietary capital worth over $1.5 billion, plans to invest over $300 million in India over the next three years in hospitality, real estate, education, ...

UAE-based Phoenix Group Global, a major player in hospitality, realty and floriculture sectors is will make its presence felt in India by investing an additional Rs.1500 crore in the hospitality and realty sectors in a couple of years. The group is setting up a deluxe five-star business hotel at Whitefield in Bangalore at a cost of Rs.100 -150 ...

Going by this News which appeared in CNN Money, it looks there is something really BIG waiting for Bangaloreans, do you have any information about this, pleas share with us out here, just enter you name and put all that you have to say about this. any related links are most welcome."India's DLF Ltd said it has won a contract for a ...

BANGALORE/MUMBAI: Mukesh Ambani-led Reliance Retail is vying for Hindustan Unilever’s (HUL) real estate assets in Bangalore, which is on the block. Also in the race are real estate majors DLF, Hiranandani and Nitesh Estates. The 28-acre property at Brookefields, located in the heart of the city’s IT corridor, is expected to ...

INDIA will feature prominently in Sunway City Bhd's (SunCity) regional expansion plans as the country offers ample opportunities for developers to partake in the unprecedented growth in the real estate sector. Its sheer size and growth prospects make India's property market attractive to many foreign developers, including those ...

NEW DELHI: The Private equity investment arm of AIG is learnt to be in advanced stages of negotiations for acquiring close to 14-15% stake in Bangalore-based real estate firm RMZ, for about $350 million. The companies are likely to give finishing touches to the deal and make a formal announcement shortly. This would be one of the largest private ...

A GROUP of Indian investors in Bahrain who feel they have been cheated by a property developer in Bangalore are to form an association to fight their case. They say property they purchased from CEHD Corporation/Athina Hotels and Resort Developers in Hennur, Bangalore, has been hit by problems including encroachment and litigation. Investors in ...

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 next decade. Explaining the current real estate scenario in the country, Mr Reddy said that the ...

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 has taken close to 1.5 lakh sq ft of retail space at Delhi, Noida, Gurgaon, Hyderabad, ...

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 Bangalore and on the contrary has started work on setting up the back-end operations. ...