Property News from IndianRealtyNews

Property News from IndianRealtyNews

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OCUS Group Announces the Launch of its Second Commercial Project in Gurgaon

Posted: 02 Sep 2010 02:59 AM PDT

After the grand success of Ocus Technopolis, located on the Golf Course Road in Gurgaon, Ocus Group has announced the launch of Ocus Technopolis2 — Gurgaon's first ultra efficient commercial project. Spread over 2.43 acres in Sector 51, Gurgaon, Ocus Technopolis2 is slated to become the location of choice for all retail and commercial needs, [...]

HDFC Increases its Retail Prime Lending Rate (RPLR)

Posted: 02 Sep 2010 02:58 AM PDT

After a gap of two years, mortgage leader HDFC has increased its retail prime lending rate (RPLR) by 50 basis points to 14.25 per cent. Significantly, the lender has not said anything on the continuation of its “teaser rates loans”, launched late last year and which was supposed to end yesterday. “This (the hike) is in line [...]

Kishore Gotety Appointed Country Head of Indian Real Estate by GIC

Posted: 02 Sep 2010 02:54 AM PDT

The Government of Singapore Investment Corporation (GIC) has hired Kishore Gotety, who was most recently at RREEF, as country head for India real estate. GIC confirmed the appointment of Gotety as head of real estate for India but declined to comment further. However, the hire suggests GIC believes the opportunity is ripe to start investing [...]

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