Property News from IndianRealtyNews

Property News from IndianRealtyNews

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Investors Taking Interest in Real Estate Sector

Posted: 20 May 2010 08:32 PM PDT

Real estate financing in India has changed significantly over the past 50 years for both developers and buyers. Real estate developers have seen the universe of funding agencies expanding from unorganised moneylenders to the entire gamut of funding sources, including loans from banks and housing finance institutions (HFIs), private equity, public equity offerings, bonds, and [...]

Mumbai Real Estate Gearing Up- JLLM

Posted: 19 May 2010 10:39 PM PDT

Anuj Puri, Chairman & Country Head, Jones Lang Lasalle Meghraj (JLLM), shares his views on Mumbai real estate. Let me take sector wise and let’s begin with the office sector. In the office sector, we saw 2007 as the best year in terms of demand. We are about 32 million square feet of Grade A [...]

Godrej Properties Looking at Residential Project Launch in Gurgaon

Posted: 19 May 2010 10:29 PM PDT

Godrej Properties is eyeing redevelopment projects in Mumbai suburbs this fiscal even as it is looking at raising money through equity dilution in next 18-24 months. Adi Godrej, chairman, said, "At present the promoter holding is at 84 per cent and going forward we need to raise further capital. We are open to qualified [...]

Jaypee Group to Enter into Healthcare Industry

Posted: 19 May 2010 09:25 PM PDT

Infrastructure behemoth Jaypee Group, with revenues in excess of Rs 10,000 crore, is set to enter the healthcare industry. The diversified group, with presence in power, cement, hotels and education verticals, will soon be launching its flagship hospital in Noida, Uttar Pradesh, DNA has reported, citing industry sources. The multi-speciality tertiary care hospital will be [...]

State Bank of Patiala to Extent its 8 per cent Home Loan Scheme

Posted: 19 May 2010 07:37 PM PDT

State Bank of Patiala has extended its teaser rate scheme of 8 per cent on home loan till 30th June, 2010. Under this loan scheme, SBOP offered fixed rate of 8 per cent for the 1st year and 9 per cent for 2nd and 3rd year and thereafter prevailing rate linked with BPLR/ Base Rate. [...]

New projects worth Rs 160 crore to boost Haryana industry

Posted: 19 May 2010 06:33 PM PDT

Haryana State Industrial & Infrastructure Development Corporation Limited (HSIIDC) organised a business contact programme at its Delhi office on Tuesday. Rajeev Arora, managing director of the corporation informed that 17 term loan proposals worth Rs 80 crore were contemplated during this meeting. When implemented, these projects are likely to catalyse an investment of over Rs160 [...]

Govt to Implement Kochi IT Project

Posted: 19 May 2010 04:35 PM PDT

Kerala chief minister V S Achuthanandan said his government will implement the Smart City IT project in Kochi if its promoters, Smart City Dubai, do not do so. "They are having financial problems but they are not admitting that. Anyway we have decided to give a bit more time to them. And if they do [...]

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