Property News from IndianRealtyNews

Property News from IndianRealtyNews

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Lodha Developers in talks with PE firms to Sell Stakes in Mumbai project

Posted: 15 Jun 2010 08:18 PM PDT

Lodha Developers is in talks with several private equity funds to sell stake in a Mumbai project to build the world’s tallest residential tower, its managing director said on Tuesday. Last week, the developer said it would invest $426 million to build a 117-storey residential tower in central Mumbai and that the company could consider [...]

CII to Organise National Conclave on Real Estate

Posted: 15 Jun 2010 06:48 PM PDT

The Indian Real Estate Markets have gone through a decisive learning curve during the last year. As the year unfolds, it is anticipated that real estate markets will be governed by more orderly and thoughtful approach. Keeping this in view, CII is going to organize a National Conclave on Real Estate "Maximizing Opportunities 2010 and [...]

Hirco hands over flats at Palace Gardens, Chennai

Posted: 15 Jun 2010 06:29 PM PDT

Hirco Developments, which launched a large residential township project, Palace Gardens, couple of years ago during the realty boom at Oragadam near Chennai, handed over the first set of residential apartments last week. Palace Gardens is among Chennai's largest township projects and will have 10,000 apartment units, when fully completed over multiple phases. However, in [...]

Earth Infra to invest Rs 630 crore in 2 Greater Noida projects

Posted: 15 Jun 2010 06:28 PM PDT

Realty firm Earth Infrastructure Ltd has announced plans to invest Rs 630 crore for developing two projects in Greater Noida over the next two years. “We are developing two projects in Greater Noida — one is affordable housing and the other is an office building. The total cost to develop these projects would be Rs [...]

South Indian Real Estate Bounces Back

Posted: 15 Jun 2010 05:47 PM PDT

Realty sector in Hyderabad city of India’s southern Andhra Pradesh state bounces back after the recent political crisis, as demand for residential and commercial properties grows. The trend is growing evidently in Tier I and Tier II areas, as these are high-demand markets. Hyderabad, is one of the ten districts of the Telangana region, affected [...]

Plot near Rashtrapati Bhavan Gets Construction Approval from Delhi High Court

Posted: 15 Jun 2010 05:21 PM PDT

In a judgment that is bound to break fresh ground for new housing options in Central Delhi, the Delhi High Court has given its nod to a private company to go ahead with its plan to construct residential buildings in the vicinity of the Rashtrapati Bhavan and close to Lutyens' Bungalow Zone in Chanakyapuri. In a [...]

Godrej may transfer land to another Co for real estate development

Posted: 15 Jun 2010 04:24 PM PDT

Business conglomerate Godrej may transfer some of the landholdings held by its subsidiary Godrej Agrovet to another group firm for developing real estate projects. “Yes, there is a possibility of more land from Godrej Agrovet being available for development,” Godrej Group Chairman Adi Godrej said on a conference call with analysts. Godrej Agrovet (GAVL) is a [...]

Delhi Circle Rates May not Hike Property Prices

Posted: 15 Jun 2010 04:18 PM PDT

The revised circle rates in the Capital might not have much of an impact on the real estate prices, despite making property registration a costly affair. Experts believe actual property price is driven simply by demand and supply; circle rates are merely an indicator of property prices, they said. "Though buyers will have to pay [...]

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