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Biggest Real Estate Deal witnessed Mumbai

Biggest Real Estate deal took place on last week in Mumbai with the National Textile Corporation (NTC) limited selling eight acres of Bharat Mills at Worli, for a Rs 1505 crore ( ie a single acre went for 188 crore )and the highest bidder was Indiabulls which is a difference of ` 2 crore as Lodha had bid ` 1503 crore.
Read More
Posted By : By our Mumbai Bureo
Date : Tuesday, August 10, 2010 10:28 AM
Real Estate Sector: Opportunities for Small Investors

Currently In India, small real estate investors can hold multiple properties, but banks will generally not fund beyond a second home loan.
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Posted By : By our business desk
Date : Tuesday, August 10, 2010 9:58 AM
Property Registration Charges increased by Andhra Pradesh Govt

In a move to offset losses due to reduction in stamp duty charges to a uniform 5 per cent across the State, the Andhra Pradesh Government has effected upward revision of the registration charges and market prices for properties from August 1.
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Posted By : By our Bangalore Bureo
Date : Sunday, August 08, 2010 9:49 PM
Rentals Sky-high in Delhi due to Commonwealth Games- Students Bear the Brunt

Delhi : Hostels in Delhi University emptied of their occupants to prepare rooms for the Commonwealth Games, thousands of students are out on the roads scouting for temporary accommodation.
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Posted By : by our Delhi bureo
Date : Sunday, August 08, 2010 9:39 PM
Joint Venture with Mumbai-based Omkar Realtors Developers scrapped by Unitech

One of the leading Real estate developer Unitech Ltd is completely exiting Unitech Omkar, its joint venture with Mumbai-based Omkar Realtors Developers, citing sources.
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Posted By : By our Mumbai Bureo
Date : Thursday, August 05, 2010 9:54 PM
Problem of Supply Overhang facing Commercial Real Estate

According to a report submitted by an agency the Indian real estate sector is likely to face the problem of plenty with office rental space set to outstrip demand resulting in a further drop in rentals.
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Posted By : By our Mumbai Bureo
Date : Thursday, August 05, 2010 9:35 PM
32% Rise in Q1 Net Profit- reports Ashiana Housing

One of leading Real estate firm Ashiana Housing Ltd reported a 32 per cent rise in net profit at Rs 11.71 crore for the quarter ended June 30 against Rs 8.9 crore in the year ago period.
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Posted By : By our business desk
Date : Wednesday, August 04, 2010 9:57 PM
Kerala Property Expo 2010 from August 6-8

CREDAI - Kochi is organising One of the biggest and finest of property shows in Kerala ,the new edition of Kerala Property Expo 2010 on August 6-8 at Marine Drive, Kochi.
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Posted By : By our business desk
Date : Wednesday, August 04, 2010 9:40 PM
IPO Process begins for the 3rd Time by Emaar MGF

One of the leading Realty major Emaar MGF will soon coming out with another Initial Public Offering ( IPO) process for the third time , probably at a valuation one-fourths of what it hoped for in 2008.
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Posted By : by our Financial desk
Date : Monday, August 02, 2010 6:30 PM
Q1 Results- Reports 52.26% Rise in Revenues - HDIL announces

New Delhi : Housing Development and Infrastructure Limited (HDIL), a leading real estate developer has announced its results for Q1 ended 30th June 2010. The Turnover stands at Rs. 450.92 crores and PAT available for appropriation is Rs. 234.31 crores.
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Posted By : by our Financial desk
Date : Monday, August 02, 2010 6:15 PM
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