Property News from IndianRealtyNews |  |
- Banks go slow on commercial realty lending
- Khazanah to Buy Major Stake in Aman Resorts
- Three Ahmedabad-based realty firms plan IPOs
- Govt to Set up New norms for Realty Valuation
- Paras Buildtech unveils show apartments at Paras Tierea project
- World Bank approves two projects worth $372 million to India
| Banks go slow on commercial realty lending Posted: 17 Jun 2010 05:47 PM PDT Banks are wary of lending to real estate firms despite early signs of a pick up in demand in the sector, as commercial projects continue to face oversupply. Demand in commercial real estate has not picked up compared to the sharp uptick in demand for residential units over the past few months. While office spaces [...] |
| Khazanah to Buy Major Stake in Aman Resorts Posted: 17 Jun 2010 05:43 PM PDT Khazanah Nasional Bhd is close to acquiring a major stake in Aman Resorts, a popular luxury hotel chain. According to Economic times report Khazanah was likely to spend about US$350 million (RM1.225 billion) to buy the controlling stake in Aman from DLF, India’s largest real estate developer. Aman operates about 23 luxury hotels worldwide, including in [...] |
| Three Ahmedabad-based realty firms plan IPOs Posted: 17 Jun 2010 04:49 PM PDT The changing skyline of Gujarat cities is also changing the rules of the game for realtors. With the cities pushing their boundaries and big realty firms eyeing a pie in the development cake, local developers are turning to capital markets to raise resources to ride the next growth wave. While JP Infrastructure Ltd (JPIL), popularly [...] |
| Govt to Set up New norms for Realty Valuation Posted: 16 Jun 2010 05:32 PM PDT The urban development ministry, along with the Indian Bank Association (IBA), the National Housing Bank (NHB) and the corporate affairs ministry, has drafted a handbook on policy, standards and procedures for real estate valuation by banks and housing finance institutions. The exercise, the first ever, is to put some order in real estate valuation. In parallel, [...] |
| Paras Buildtech unveils show apartments at Paras Tierea project Posted: 16 Jun 2010 03:36 PM PDT Real estate firm Paras Buildtech has unveiled three show-apartments of Paras Tierea amid a dazzling laser show followed by a magnificent evening of musical extravaganza of soulful ghazal performance by music maestro Talat Aziz. Speaking on the occasion, Harmit Chawla, vice president, sales & marketing, Paras Buidtech, said, "As the construction of Paras Tierea has begun [...] |
| World Bank approves two projects worth $372 million to India Posted: 16 Jun 2010 03:33 PM PDT The World Bank has approved two projects worth $372 million, including the integrated coastal zone management project, to India. The World Bank said it has approved a $222 million International Development Assistance (IDA) credit for the integrated coastal zone management project, while another $150 million IDA credit has been approved for additional financing for the [...] |
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