Property News from IndianRealtyNews

Property News from IndianRealtyNews

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Mumbai-Based Acron Infra Projects Developing Residential Complex at Pune

Posted: 24 Jun 2011 08:05 PM PDT

Mumbai-based Acron Infra Projects is developing a large residential complex at Karvenagar in the heart of Pune, a three-hour drive from the metropolis of Mumbai. "We are building a large, affordable residential complex with a total of 2,800 apartments spread over a 24-acre green campus in the heart of the city at Karvenagar," Amar J Britto, [...]

Singapore-based CapitaMalls Asia to invest Rs 1,800 crore in India

Posted: 24 Jun 2011 07:02 PM PDT

Singapore-based CapitaMalls Asia, which develops, owns and manages malls across Asia, has committed Rs 1,800 crore to its growth in India for the next three years. Kevin Chee, CEO and country head of CapitaMalls Asia, told Business Line that apart from funding the two malls that are operational now, this money would be also [...]

Market Capitalisation of Real Estate Stocks Goes Down by Rs 35,000 Crore

Posted: 24 Jun 2011 05:59 PM PDT

Though property prices have not gone down in spite of sluggish sales numbers, property stocks have. The market capitalisation of realty stocks has eroded by Rs 35,305 crore in the last 18 months. The full market capitalisation of BSE Realty index declined to Rs 75,128 crore on Thursday from Rs 1.10 lakh crore on December [...]

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