Property News from IndianRealtyNews |  |
- Big developers Partner with Local Developers to Complete Projects Quickly
- Mahindra Lifespace to Set up Business Parks in Chennai and Pune
- Gurgaon Mumbai Emerge as Top Residential Destinations
- Unitech Shifts Focus on Mumbai
- Assocham Asks Govt to Withdraw Service Tax on Real Estate Sector
| Big developers Partner with Local Developers to Complete Projects Quickly Posted: 17 Mar 2010 12:37 AM PDT Hyderabad-based PBEL Property Development (India) Ltd has a new strategy to break into unfamiliar markets: partner with local developers to complete projects quickly. The realty firm wants to divide its 42 acres on Old Mahabalipuram Road off Chennai into four or five portions, each of which will be handed over to local developers for building [...] |
| Mahindra Lifespace to Set up Business Parks in Chennai and Pune Posted: 17 Mar 2010 12:34 AM PDT Mahindra Lifespaces Developers Ltd is in the process of acquiring around 4,000 acres in Chennai and Pune, where it intends to set up two more business parks, a top official said late on Monday. The company is acquiring around 1,000 acres of land in Chennai and around 3,000 acres in Pune, its Managing Director and [...] |
| Gurgaon Mumbai Emerge as Top Residential Destinations Posted: 17 Mar 2010 12:30 AM PDT Gurgaon and Mumbai have emerged as the top destinations for residential investment in the country. Both have seen a massive infusion of commercial and retail space owing to residential demand, which in turn was spurred by a growth in employment opportunities, according to the fourth quarter Asia Pacific Property Digest by global real estate consultant [...] |
| Unitech Shifts Focus on Mumbai Posted: 17 Mar 2010 12:27 AM PDT Unitech Ltd, the second-largest real estate developer in the country, along with its joint venture partners in Mumbai, is looking to develop 4-5 million square feet (msf) of properties in the city from the next fiscal, according to a source familiar with the development. The developer, once heavily relying on luxury projects in the National [...] |
| Assocham Asks Govt to Withdraw Service Tax on Real Estate Sector Posted: 17 Mar 2010 12:25 AM PDT Industry body Assocham has asked the government to roll back the service tax proposed on real estate developers at the time of construction, as it would increase the tax burden on home buyers and impact the recovery of the sector. The government, in the Budget, said that real estate complexes will attract service tax, unless [...] |
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