Property News from IndianRealtyNews

Property News from IndianRealtyNews

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Re/Max India Honoured at Real Estate at Franchise Plus awards 2010

Posted: 30 Sep 2010 12:26 AM PDT

Re/Max India – a part of the world’s largest real estate network has added one more feather to its cap. The Delhi-based Master Franchise has won the prestigious ‘Master Franchisor’ of the Year in Real Estate at Franchise Plus awards 2010. With about 100 Brokerage Offices in just about a year, RE/MAX India has witnessed [...]

FDI Norms Eased for Wholesale Sector

Posted: 30 Sep 2010 12:23 AM PDT

The government today eased the foreign direct investment norms for sectors like wholesale cash-and-carry trading, non-banking finance companies (NBFCs) and certain segments of animal husbandry, besides bringing about procedural simplifications. There was, however, bad news for foreign tobacco product manufacturers and the real estate sector. The Consolidated Foreign Direct Investment (FDI) Policy, which would be [...]

Sobha Developer to come up with 12 Million Square Feet of Residential Projects

Posted: 30 Sep 2010 12:10 AM PDT

Sobha Developers will launch about 12 million square feet of residential projects this fiscal year and has implemented selective price increases, according to a top company official. “Prices have been stable. This quarter on, there have been selective price increases on some products,” managing director J C Sharma told the Reuters India Infrastructure Summit on [...]

Mahindra Lifespace plans Residential Project in Chennai

Posted: 30 Sep 2010 12:10 AM PDT

Mahindra Lifespace, the real estate and infrastructure development arm of the $7.1 billion Mahindra Group, has announced the launch of Californian style apartments at Aqualily, the premium residential community at Mahindra World City, a multi-sector SEZ that has come up about 50 km southwest of Chennai. Aqualily is being developed by Mahindra Residential Developers — a [...]

Rs 1,000 crore green IT SEZ to be Developed in Pune

Posted: 30 Sep 2010 12:06 AM PDT

Developer Kumar Urban Development Limited (KUL) is setting up an IT Special Economic Zone (SEZ) project in Pune with a proposed total investment of Rs 1,000 crore. The company will invest about Rs 400 crore in the first phase of the project, christened as Cerebrum IT SEZ, which is coming up near the first phase [...]

Israel Based Real Estate Major Plans to Invest $300 Million in Indian Real Estate Sector

Posted: 29 Sep 2010 11:04 PM PDT

Diversified Israeli conglomerate Elbit Imaging Group could be making a fresh investment of $300 million to acquire raw land assets and invest in new projects in India in the next two to three years as it revives its global real estate investment strategy. It would be eyeing land deals mostly in the four cities of [...]

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