Property News from IndianRealtyNews

Property News from IndianRealtyNews

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

IDFC to Acquire IT Park Owned Jointly by DLF & 3C for Rs 512cr

Posted: 20 Sep 2011 07:40 PM PDT

Infrastructure Development Finance Corporation (IDFC) will acquire an IT park jointly owned by DLF and The 3C Company in Noida for Rs 512 crore. The 1.36 million sq ft IT park, partly occupied by Computer Sciences Corp, is one of the non-core assets DLF was planning to monetise to reduce its growing debt. According to [...]
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Property News from IndianRealtyNews

Property News from IndianRealtyNews

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

FDI in Real Estate Sector Lowest in 4 Years

Posted: 19 Sep 2011 08:14 PM PDT

Foreign direct investment (FDI) in the real-estate sector last year was the lowest in four years, but private equity activity gained momentum during the recent months, according to a study by an Indian industry chamber and a global accountancy firm. Between January and June 2011, PE investments in real estate reached $444 million, 47 per [...]

Developers Lure Doha NRIs to Invest in India

Posted: 19 Sep 2011 07:19 PM PDT

Indian property developers called upon potential buyers in Doha to take advantage of recessionary trends in the global economy and make investments in the real estate sector of growing economies like India. The two-day Indus Property Exhibition 2011 was held in the city recently, where Indian real estate developers showcased their properties. In a joint [...]

Sahara Prime City launches residential complex in Kochi

Posted: 19 Sep 2011 07:06 PM PDT

Sahara Prime City Ltd (SPCL), the real estate company of Sahara India Pariwar, has launched Phase II of its Sahara Grace brand of residential complex in Kochi. The launch of Phase II is an outcome of the success achieved by Phase I of Sahara Grace Kochi. In line with Sahara Grace at Gurgaon and Lucknow, [...]
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Property News from IndianRealtyNews

Property News from IndianRealtyNews

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

Strawood to Open 100 Hotels in India by 2015

Posted: 18 Sep 2011 07:37 PM PDT

Leading global hotels and leisure company Starwood Hotels and Resorts Worldwide is targeting a portfolio of 100 properties in the country by 2015. The company's main focus will be on smaller cities for its business hotel brands, ‘Four Points’ and ‘Aloft’. “India has tremendous potential for growth and we have a very strong pipeline [...]

SEZ Developers Seek Additional Time to Complete Projects

Posted: 18 Sep 2011 07:30 PM PDT

Reflecting a lack of enthusiasm in special economic zones (SEZ), 44 developers, including Tata Consultancy Services (TCS) and Parsvnath SEZ, have sought more time from the government for implementing their projects. DLF Commercial Developers, Navi Mumbai SEZ and Raheja SEZ have also requested additional time for project implementation from the Board of Approval (BoA), headed [...]

Real Estate Baron Niranjan Hiranandani Denies Entry into Politics

Posted: 18 Sep 2011 06:35 PM PDT

Real estate baron Niranjan Hiranandani has said he had no plans to take a plunge into politics, and he was happy being in corporate sector. “No, it is not my cup of Tea,” was the reaction of the chairman of Hiranandani Group when he was asked if he would be entering politics now that [...]
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