Property News from IndianRealtyNews |  |
- Real Estate Firm Vipul expects Sales Realisation worth Rs 255 cr from Housing Project
- Emami Group to Invest 4000cr-to 8000cr in Real Estate within the Next 5 Years
- DLF in Discussion with Builders for Collaboration CSR Initiative
- Foreign PE Funds Continue to Stay Away from Indian Real Estate
- Old Bungalow Property in South Mumbai Sold for a Whopping 300cr
| Real Estate Firm Vipul expects Sales Realisation worth Rs 255 cr from Housing Project Posted: 22 Sep 2010 03:57 AM PDT Realty firm Vipul Ltd expects sales realisation of Rs 255 crore over the next three years from its new housing project in Gurgaon. “Christened as ‘Lavanya Apartments’, the project is spread over 10 acres and will carry a realisation value of Rs 255 crore,” according to a company press release. Speaking on the occasion, Guninder [...] |
| Emami Group to Invest 4000cr-to 8000cr in Real Estate within the Next 5 Years Posted: 22 Sep 2010 03:06 AM PDT The city-based Emami Group of Companies, with core competence in personal and healthcare consumer products and FMCG (fast moving consumer goods), is making a foray into the real estate segment, hoping to cash in on fresh buoyancy in the brick-and-mortar domain. "We are looking at investment in property and valuation thereof in a band of [...] |
| DLF in Discussion with Builders for Collaboration CSR Initiative Posted: 22 Sep 2010 03:05 AM PDT Realty major DLF is in dialogue with various builders for a collaborative CSR initiative that aims to provide education, healthcare and vocational training in villages within a radius of 15-20 km of major building projects. "DLF has approached other fellow builders across the country to join hands in a movement to reach out to the [...] |
| Foreign PE Funds Continue to Stay Away from Indian Real Estate Posted: 22 Sep 2010 12:34 AM PDT Having burnt their fingers during the economic slowdown of 2008-09, foreign private equity (PE) funds continue to stay away from Indian real estate, even as domestic funds have taken the lead in property investments. While domestic funds have put in $864 million (Rs 3,950 crore) in 22 realty deals since January this year, foreign funds [...] |
| Old Bungalow Property in South Mumbai Sold for a Whopping 300cr Posted: 21 Sep 2010 10:08 PM PDT An old bungalow property in the exclusive residential enclave of Carmichael Road in south Mumbai is believed to have been sold for around Rs 300 crore. Villa Nirmala, an over six-decade-old property, has been jointly purchased by Peninsula Land, which is part of the Ashok Piramal Group, and developer Khemchand Kothari. Sources said the transaction [...] |
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