Property News from IndianRealtyNews |  |
- India Wins Property Tax Battle with New York City
- 12% Hike in Delhi and NCR Housing Rentals
- Realty Firm Supertech to invest Rs 2,000 cr in an Integrated Township Project at Greater Noida
- Lodha Raises 500cr by Selling 10% Stake of its Mumbai Residential Tower
- Tata Realty and Infrastructure Looking to Acquire Stake in IAL
| India Wins Property Tax Battle with New York City Posted: 18 Aug 2010 01:27 AM PDT India has won a seven-year legal battle with New York City with a federal appeals court ruling that nations with diplomatic housing do not have to pay city property taxes. The unanimous ruling by the federal Second Circuit Court of Appeals in Manhattan Tuesday lets India off the hook for $42.5 million in back taxes [...] |
| 12% Hike in Delhi and NCR Housing Rentals Posted: 18 Aug 2010 01:15 AM PDT Housing rentals have gone up by 12 per cent on an average in Delhi and NCR in the April-June period of the current year compared to the same period last year, real estate portal 99 acres.com on Tuesday said in a report. The report, which took 3 BHK flats into consideration, said the highest appreciation [...] |
| Realty Firm Supertech to invest Rs 2,000 cr in an Integrated Township Project at Greater Noida Posted: 18 Aug 2010 01:04 AM PDT Realty firm Supertech will invest Rs 2,000 crore to build an integrated township on Yamuna Expressway near Greater Noida. The township ‘Upcountry’ will be spread over 100 acre. It would be developed in two phases, the Noida-based company said in a statement. The company plans to invest about Rs 600 crore in the first phase [...] |
| Lodha Raises 500cr by Selling 10% Stake of its Mumbai Residential Tower Posted: 18 Aug 2010 01:01 AM PDT Real estate firm Lodha Developers has raised Rs 500 crore by selling a 10 per cent stake in a project to develop a 117-storey residential tower in Mumbai to HDFC Venture Funds. "The deal shows the investor's appetite for quality real estate projects in India," said Abhisheck Lodha, the managing director of Lodha Developers. HDFC Venture [...] |
| Tata Realty and Infrastructure Looking to Acquire Stake in IAL Posted: 18 Aug 2010 12:58 AM PDT Tata Realty and Infrastructure is looking at buying a significant stake in International Amusements Ltd (IAL), the promoters of the country’s first theme amusement park, Delhi's Appu Ghar. In the proposed deal, Tata Realty would buy out the stakes owned by private equity investors — DE Shaw, IDFC and IL&FS — for around Rs 400 [...] |
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