Property News from IndianRealtyNews

Property News from IndianRealtyNews

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Ansal Expecting Sales of Rs 1,700 cr from Gurgaon Township

Posted: 18 May 2010 10:14 PM PDT

Ansal API, the New Delhi-based real estate player, is looking at launching a 112 acre township in Gurgaon, Delhi, with expected sales of Rs 1,700 crore, a senior official said. The company would invest up to Rs 1,300 crore to build the township in phases and would fund the investment through customer advances, the official [...]

RE/MAX Expands Operations in Mumbai

Posted: 18 May 2010 10:12 PM PDT

RE/MAX is now making inroads in Mumbai and other parts of Maharashtra. The U.S headquartered real estate brokerage franchise is currently identifying franchisees and real estate agents in Mumbai, Pune, Nasik & Aurangabad who would operate in the local, national and global real estate network of RE/MAX. RE/MAX is also promoting Franchise India’s Franchise & [...]

Fund Flows into Housing Space

Posted: 18 May 2010 09:15 PM PDT

Fund flows to the real estate sector is more in the residential segment than in the retail and commercial space. This indicates a half-baked recovery for the industry than a complete turnaround. "As a matter of strategy, bankers are not bullish on the commercial segment of the real estate industry due to higher surpluses [...]

BPTP comes up with Real Estate IPO

Posted: 18 May 2010 08:17 PM PDT

With Nitesh Estates' IPO and subsequent listing confirming the deep downtrend India's realty sector is facing in the capital markets, and with many of the bigger pending realty IPOs like EmaarMGF & Lodha Developers getting indefinitely postponed, the prospects of BPTP that recently received Indian market regulator SEBI's nod for a Rs. 1500 crore IPO [...]

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