Property News from IndianRealtyNews |  |
- BPTP Receives Approval to Raise Rs 1500cr Via IPO
- Mumbai Emerges as the 3rd Costliest Property Market in World, Delhi at number 11
- NCR likely to see 40% Rise in Hiring: Assocham
- 10-15 pct Hike Expected in Property Prices in 6-9 months
- Omaxe Generates Rs 250 cr Revenue from Housing Project in Lucknow
- Real estate companies Shying away from Hospitality Projects
- Isha homes India to Construct Budget homes in Chennai
| BPTP Receives Approval to Raise Rs 1500cr Via IPO Posted: 08 May 2010 11:47 PM PDT Real estate firm BPTP Ltd has received approval from the markets regulator for an initial public offering to raise about Rs 1,500 crore (USD 325 million), two sources with direct knowledge said on Thursday. The New Delhi-based builder joins a long list of private as well as state-run firms jostling to tap the market as Indian [...] |
| Mumbai Emerges as the 3rd Costliest Property Market in World, Delhi at number 11 Posted: 08 May 2010 11:41 PM PDT In a clear sign of revival in commercial real estate prices, Mumbai has moved up three positions to fourth in the league of the world’s most expensive office markets, just behind London, Hong Kong and Tokyo, according to a new survey. However, Delhi fell by a single rank to 11th position, as on March 31, in [...] |
| NCR likely to see 40% Rise in Hiring: Assocham Posted: 08 May 2010 05:31 PM PDT With improvement in demand for skilled manpower, the National Capital Region (NCR) of Delhi is likely to witness a 40 per cent rise in corporate hiring in sectors like real estate and banking during the first quarter of the fiscal, a survey said here on Thursday. The Delhi and NCR region saw an overall rise of [...] |
| 10-15 pct Hike Expected in Property Prices in 6-9 months Posted: 07 May 2010 11:27 PM PDT Realty prices may go up by anything between 10 to 15 per cent in the next six to nine months, with demand exceeding supply, real estate developers said today. “The price is going forward. It is likely to increase by 10-15 per cent in the next six to nine months’ time,” Parsvnath Developers Chairman Pradeep [...] |
| Omaxe Generates Rs 250 cr Revenue from Housing Project in Lucknow Posted: 07 May 2010 11:24 PM PDT Real estate firm Omaxe Ltd today said it expects a sales revenue of Rs 250 crore over the next two-and-a-half years from a group housing project at Lucknow, in Uttar Pradesh. The company today announced the launch of Omaxe Residency, which is spread over 14 acres and comprises 960 apartments. “The project will have a realisation [...] |
| Real estate companies Shying away from Hospitality Projects Posted: 07 May 2010 11:20 PM PDT The capital-intensive nature and long gestation periods of hospitality projects seem to be forcing a rethink among real estate developers on such ventures. While DLF has decided to sell about 7.5 acres in Kolkata and Gurgaon after scrapping plans to build luxury hotels, Emaar MGF Land is putting on the block about 5.6 acres on [...] |
| Isha homes India to Construct Budget homes in Chennai Posted: 07 May 2010 11:13 PM PDT Real estate Developer Isha Homes India would construct its first budget apartments project ‘Isha Yara’ in the outskirts of the city valued at Rs 120 crore, a top company official said today. “The apartments, spread across 5.91 acres in Medavakkam, will house 460 flats on a total built up area of 4.28 lakh square feet,” Isha [...] |
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