Property News from IndianRealtyNews

Property News from IndianRealtyNews

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India can witness a Shortfall in Retail Real-Estate Space by 2012’

Posted: 09 May 2010 09:16 PM PDT

The country could see a shortfall in retail real estate space in 2011-12 though 40 million sq. ft. is expected to come up between 2010 and 2012. Anuj Puri, chairman and country head, Jones Lang LaSalle Meghraj, said 25 per cent of the stock was likely to get absorbed in 2010. In 2009, about [...]

New Township Project Launched in Chennai

Posted: 09 May 2010 09:06 PM PDT

The Chennai-based VGN Developers has launched a 17-acre residential complex near Ambattur, the industrial belt on the outskirts to the west of Chennai. The project, Platina, a mini township, is aggressively priced with apartments available from Rs 2,099 a sq ft and individual houses for Rs 2,699 a sq ft. Announcing the project [...]

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