Property News from IndianRealtyNews

Property News from IndianRealtyNews

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Excess Supply May Cause Marginal Fall in Office Rentals

Posted: 16 Apr 2010 11:01 PM PDT

With supply exceeding demand, office rentals will remain stable or even marginally fall in the seven major cities, according to leading real estate consultant CB Richard Ellis (CBRE). “The supply dynamics will continue to put pressure on the rental value and, therefore, in the short-term, rentals in most micro-markets would remain stable or correct marginally,” [...]

Real Estate Developer Omaxe bags Rs 64.80 crore contract to Develop College Complex

Posted: 16 Apr 2010 10:37 PM PDT

Real estate developer Omaxe has bagged a contract worth Rs 64.80 crore from the health ministry to develop a college complex of the All India Institute of Medical Sciences at Rishikesh in Uttarakhand. "Our experience and expertise in the construction of hospitals will help us in providing an infrastructure which will be in sync with [...]

Delhi Based Bahri Group launches Township in Tamil Nadu

Posted: 16 Apr 2010 10:14 PM PDT

Delhi-based Bahri Group has just launched what it claims to be India’s first integrated retirement home and second home township on the foothills of Kodaikannal in Tamil Nadu. Bahri Beautiful Country comprises 330 units that include retirement villas, second home villas and fully developed plots. The project is spread over 121 acres. The project, whose first [...]

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