Property News from IndianRealtyNews

Property News from IndianRealtyNews

Link to India Properties - Real Estate India - Indian Property News Site

PBEL to Develop Housing-cum-Commercial Township Project in Chennai

Posted: 29 Oct 2010 12:51 AM PDT

PBEL Property Development (India) Ltd on Wednesday outlined plans to develop an integrated housing-cum-commercial township project in Chennai along Old Mahabalipuram Road. PBEL is a venture between Property and Building Corporation Ltd (PBC), a subsidiary of Israeli conglomerate IBD group, Electra Real Estate Ltd, a subsidiary of Elco Holdings Israel, and Hyderabad-based Incor, with the [...]

Bangalore-based Hoysala Launches Commercial-cum-Residential Project

Posted: 29 Oct 2010 12:39 AM PDT

Bangalore-based Hoysala Projects has launched a commercial-cum-residential project, Hoysala Corpus, in the upcoming hub of Devanahalli. Hoysala Corpus is located on the six lane highway at the junction of Devanahalli bypass and Nandi Hills road and is minutes away from all city landmarks. Built on eight floors with residential units featuring from the third floor, Hoysala [...]

Tata Housing to Develop Integrated Residential Township Projects Across India and Abroad

Posted: 29 Oct 2010 12:36 AM PDT

Tata Housing Development Company, a subsidiary of Tata & Sons, is keen to adopt public private partnership (PPP) route to develop integrated residential township projects across the country. While an MoU has already been signed with the Assam government for affordable homes through the PPP route, the company is in talks with a few other [...]

World’s Top Hotelier IHG Collaborates with Amrapali Group to launch Holiday Inn Express in India

Posted: 29 Oct 2010 12:33 AM PDT

World's top hotelier, IHG (InterContinental Hotels Group) and New Delhi-based leading real estate firm Amrapali Group has signed a series of contracts for the management of six new hotels in India. This strategic relationship marks the launch of Holiday Inn Express in India — one of the fastest growing hotel brands in the limited service [...]
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Property News from IndianRealtyNews

Property News from IndianRealtyNews

Link to India Properties - Real Estate India - Indian Property News Site

Office Space Rentals Firming Up

Posted: 27 Oct 2010 11:51 PM PDT

Rentals for office space in top Indian cities are firming up due to increased demand, as per an industry study that suggests revival in one of the few real estate segments yet to come out of a slowdown. There has been moderate quarterly rise in office rentals across Grade A projects in the central business [...]

Record Sales for Godrej’s Gurgaon Based Residential Project

Posted: 27 Oct 2010 11:45 PM PDT

Godrej Properties Ltd (GPL), the real estate development arm of the Godrej Group, announced that it has sold over 200 apartments in Godrej Frontier. The company had launched the project on 23rd October. The company will develop approximately 1.05 million square feet on 9 acres of land. Located in Sector 80 of Gurgaon, this is [...]
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Property News from IndianRealtyNews

Property News from IndianRealtyNews

Link to India Properties - Real Estate India - Indian Property News Site

Tata Housing Ventures into Chennai Affordable Housing Segment

Posted: 27 Oct 2010 01:41 AM PDT

Tata Housing – the well known real estate developers for all target segments has now ventured in to Chennai's residential real estate market. The investment is in the tune of Rs.2,000 crores and the group will be developing about three to four million square feet land in few years. The company is in talks with [...]

Real estate Developer Emaar MGF to Take Action against Commonwealth Games Village Allegations

Posted: 27 Oct 2010 01:21 AM PDT

Dubai-based Emaar Properties on Monday said its Indian joint venture, Emaar MGF, will take all possible action to protect the entity’s interests amid allegations of irregularities in development of the Commonwealth Games Village. The company, which is present in India through a partnership with the MGF Group, said the confiscation of the Rs 183 crore bank [...]

Realty firm Parsvnath Raises Rs 120 cr via Stake Sale

Posted: 26 Oct 2010 05:18 AM PDT

Realty firm Parsvnath Developers has raised Rs 120 crore by selling 24.5 per cent stake in its office complex project at Connaught Place, in the national capital, to private equity firm Red Fort Capital. In a filing to the Bombay Stock Exchange, Parsvnath said it has partnered with Red Fort Capital to jointly develop [...]
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