Property News from IndianRealtyNews

Property News from IndianRealtyNews

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Ten Square Realty Forays into Mall Development; Set to Launch Mall in Chennai

Posted: 22 Jun 2011 08:24 PM PDT

Ten Square Realty, a fast growing residential property developer in Chennai, has now forayed into mall development and just completed the construction of a 1.5 lakh square feet shopping mall at Koyambedu, which houses Chennai's central bus terminus. Constructed using pre-cast technology, the developer was able to complete the construction of Ten Square Mall in [...]

Experts Doubt ‘Percentage Completion’ Method of Revenue Calculation by Real Estate Developers

Posted: 22 Jun 2011 08:14 PM PDT

Dollops of discretion and self regulation punctuate the way real estate companies recognise revenues, placing a question mark over the accuracy of this headline number and making redundant any comparison across the peer set. For example, DLF, India’s largest real estate company, has a unique entry in its financial statements, ‘unbilled receivables’, that accounts for [...]

Ansal API Launches Residential Project ‘Fernhill’ in Gurgaon

Posted: 22 Jun 2011 07:26 PM PDT

Ansal API, a Delhi-based real estate developer, has recently launched a residential complex named 'Fernhill' in Sector 91, Gurgaon. The project, with an investment of around Rs 200 crore, is coming up on 14.41 acres of land and will consist of multistoried condominiums. The project, which is likely to be completed in late 2014, will [...]

Real Estate Biggies Attracted Towards Small Cities for Future Growth

Posted: 22 Jun 2011 07:17 PM PDT

Growing demand for homes in smaller cities of the country is attracting big national real estate players. Cities like Bhopal, Bhubaneswar, Coimbatore, Indore, Jaipur, Lucknow , Nagpur, Surat , Vadodara and Visakhapatnam are expected to add 354 million sq ft of residential development in the next three years. According to a research report by Crisil [...]

SARE launches 76 Acre Integrated Township Project ‘Springview Floors’ in Ghaziabad

Posted: 22 Jun 2011 06:28 PM PDT

After successfully unveiling eight projects across the country, South Asian Real Estate (SARE) has launched the third phase of its 76-acre integrated township in Ghaziabad called "Springview Floors". Strategically located in Ghaziabad, NH-24, "Springview Floors" is a unique product offering of independent floors being provided within the security and amenities of the Crescent–ParC township, at [...]

Sanghvi Group Announces Launch of New Residential Project Named Sanghvi ‘Clock Tower’ in Mumbai

Posted: 22 Jun 2011 05:40 PM PDT

Mumbai-based real estate firm Sanghvi Group has announced the launch of its new residential project christened Sanghvi 'Clock Tower' at Mira Road, Mumbai. This iconic edifice is set to provide good scenery to its residents and the Clock will be visible to passers-by in a radius of 2-3 kms, according to a company press release. [...]

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