Property News from IndianRealtyNews

Property News from IndianRealtyNews

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Commercial Real Estate Witnesses Rise in Demand

Posted: 12 Sep 2010 09:08 PM PDT

Commercial real estate projects, including office and retail space, have started seeing increased demand after suffering poor sales during the economic slowdown, as firms and retailers revive expansion plans. In eight cities, including Delhi-National Capital Region (NCR) and Mumbai, firms leased out or sold 9.2 million sq. ft of commercial space in the three months [...]

Zuri Group to Launch More Hotels in India

Posted: 12 Sep 2010 08:59 PM PDT

Hotels group Zuri has recast its six properties into three niche brands and says it plans to add 10-15 hotels globally, either as new hotels or through management contracts in the next five years. Zuri Group Global, which started building its own luxury brand two years ago, would invest an estimated Rs 500 crore on [...]

Mantri Developers Comes up With Residential Project in Hyderabad

Posted: 12 Sep 2010 08:54 PM PDT

Mantri Developers is setting up its first residential property, Mantri Celestia, in Hyderabad. The 24 floors apartment project, comprising 1,152 flats, is expected to be ready by 2011. The apartment, that spreads across 11 acres, is coming up in Gachibowli, which is Hyderabad's IT corridor. Mantri Celestia will offer 2 and 3 BHK flats with prices [...]

Hyderabad Based Developer IVRCL Assets & Holdings Launches 700 Acre Township Project in Chennai

Posted: 12 Sep 2010 08:51 PM PDT

The Hyderabad-based IVRCL Assets & Holdings Ltd has launched a 700-acre township with an 18-hole championship golf course near Chennai. Announcing the plans at a press conference, Sunil Reddy, group vice-chairman, IVRCL, said that the township — Aavisa — is to come up at Sriperumbudur, off the NH-4 to the west of Chennai. While [...]

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