Property News from IndianRealtyNews

Property News from IndianRealtyNews

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Godrej Properties to Develop Residential Project at Mohali

Posted: 02 Dec 2010 10:18 PM PST

Godrej Properties Limited (GPL), a real estate arm of Godrej Group , on Thursday said it would develop a residential housing project at Mohali in Punjab, which could involve a capital outlay of Rs 450 crore. Besides, the company would also focus on several cities, including NCR , Mumbai , Bangalore , Pune, Chennai and [...]

Global PE Major Plans Entry into Indian Real Estate

Posted: 02 Dec 2010 10:16 PM PST

Baring Private Equity Partners (BPEP), the global PE major, will begin investing in Indian real estate in the next six months, according to a top executive of the fund. BPEP India was looking at investing from its $650 million Baring India Private Equity Fund III, said Varun Batra, partner, BPEP India. BPEP India invested in [...]

Indian Real Estate Performance Q4 2010

Posted: 02 Dec 2010 10:12 PM PST

The India Real Estate Report provides industry professionals and strategists, corporate analysts, real estate associations, government departments and regulatory bodies with independent forecasts and competitive intelligence on India’s Real Estate industry. Of all the countries whose real estate sectors are reviewed by BMI, few are experiencing economic conditions quite as promising for real estate companies [...]

Property News from IndianRealtyNews

Property News from IndianRealtyNews

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

EmaarMGF Launches Ultra Luxury Project ‘Marbella’ in Gurgaon

Posted: 02 Dec 2010 02:54 AM PST

EmaarMGF Land Ltd., a leading Indian real estate developer, has launched its new ultra luxury project and one of a kind gated community experience – Marbella, in Gurgaon. Strategically located at Golf Course Extension Road, Sector-66, Gurgaon, Marbella is an exclusive, impeccably planned signature Villa Community. Marbella is a splendor of Spanish Architecture – spread [...]

HC Respite for Sahara Real Estate-SEBI asked to File Response

Posted: 02 Dec 2010 02:37 AM PST

Giving respite to the Sahara Group entities, banned by market regulator from accessing public fund, the Allahabad High Court has asked the Securities and Exchange Board of India (Sebi) not to take any “coercive” action against the company and file its response by Saturday. The Lucknow Bench of the Allahabad High Court in its [...]

Ketan Parekh’s Name Surfaces in LIC Housing Scam Case

Posted: 02 Dec 2010 02:34 AM PST

The real estate scam busted by the Central Bureau of Investigation (CBI) is likely to get murkier with banned stockbroker Ketan Parekh's name cropping up in the investigations. The scam has led to the arrest of top LIC Housing Finance officials. CBI officials, however, said no such evidence had so far been found. CBI, on receiving [...]

Property News from IndianRealtyNews

Property News from IndianRealtyNews

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

India Realty Expo 2010 to be Organised in Dubai: MCHI Confirms

Posted: 01 Dec 2010 01:47 AM PST

Over the years, Non Resident Indians (NRIs) have considered Indian real estate market a thriving investment destination with good returns on investment. Considering this scenario, Maharashtra Chamber of Housing Industry (MCHI), one of India's most prominent body of real estate builders and developers has organized the '14th India Realty Expo 2010' at Renaissance Hotel, Dubai [...]

Sahara India Real Estate Corporation Challenges Supreme Court’s Decision

Posted: 01 Dec 2010 01:38 AM PST

Sahara India Real Estate Corporation has moved the Allahabad High Court challenging the Supreme Court's order barring Sahara's firms and its chief from raising money from the public, reports CNBC-TV18 quoting Press Trust of India. The Lucknow bench of the Allahabad High Court will hear the case on December 1. Early last week, market regulator [...]

Scam Hit Indian Real Estate Sector Making a Comeback

Posted: 01 Dec 2010 01:34 AM PST

Real estate stocks, which were battered 20-30 per cent last week following raids by the Central Bureau of Investigation (CBI) on banks and housing finance companies in connection with the real estate bribes-for-loans scam, are making a comeback. Shares that rose sharply included Mumbai-based Orbit Corporation, Indiabulls Real Estate, HDIL, HCC, DB Realty and New [...]