Property News from IndianRealtyNews

Property News from IndianRealtyNews

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Real Estate Prices in Gurgaon

Posted: 15 Jul 2010 12:39 AM PDT

The real estate prices of Gurgaon had been mounting for numerous years before the fresh worldwide financial disaster. Actually there had been a gigantic augmentation in real estate prices. Decades back, Gurgaon was a modest identified Haryana township lies next to the limit of Delhi. With India's financial revitalization subsequent to the monetary liberalization, foreign [...]

Residential Real Estate Prices Hitting Peak Level- HDFC

Posted: 15 Jul 2010 12:35 AM PDT

country are hitting the peak levels observed pre-slowdown. “There is an improved economic sentiment and developers have started charging premiums as land prices have also suddenly started going up…prices are getting to the peak levels,” HDFC’s Chairman, Deepak Parekh, said while addressing shareholders at the company’s annual general meeting here. Parekh said between September 2008–when [...]

Real Estate Revival Encouraging Developers to Revisit IPO’s

Posted: 15 Jul 2010 12:28 AM PDT

With the equity market holding up, some of the real estate companies are revisiting their share-offering plans, even at a price lower than what they had initially hoped for. Many of these companies already have Sebi's approval to launch their initial public offerings (IPOs), but deferred their plans in the face of unfavourable market conditions. [...]

Nitesh Estates Awarded with Bangalore Residential Project

Posted: 14 Jul 2010 05:11 AM PDT

Nitesh Estates, the Bangalore-based realtor, has won the bid to develop a 1.5 lakh square feet residential project in Aga Abbas Ali Road, close to MG Road, in Bangalore. Nitesh Shetty, managing director of the company, confirmed the development and said, "The project would add approximately Rs 35 crore to the company's bottomline." The [...]

Vasathi Housing and Infra Plan Affordable Housing in Hyderabad

Posted: 14 Jul 2010 05:09 AM PDT

Vasathi Housing and Infra has sewn up plans to invest about Rs 150 crore in setting up integrated affordable housing ventures in Hyderabad. Further, it is also planning to enter Bangalore and Chennai next year with similar projects. The Hyderabad-based company has recently secured funding worth about $5 million through a group of foreign investors [...]

Franchise India Ties up with Remax to Launch One Stop Property Shop across India

Posted: 14 Jul 2010 05:06 AM PDT

Franchise India, a franchise solution company, has tied-up with real estate brokerage network, RE/MAX India, to launch one-stop property shops across the country to offer real estate brokerage services, officials of the two companies said Monday. 'There was a need for this type of an initiative where a network for real estate brokerage was [...]

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