Inida's largest international property consultancy company Jones Lang LaSalle (JLL) India, has launched Corporate Finance division. JLL Corporate Finance will address the requirements of corporates, which are not in the business of real estate to make informed decisions…
Showing posts with label India. Show all posts
Showing posts with label India. Show all posts
Phoenix Mills expansion in metros Shopping Malls
Mumbai-based Phoenix Mills is planning expansion pan India by setting up shopping malls 'Phoenix Market City' in the major cities like Mumbai, Bangalore and Chennai by March 2012.
Recently, Phoenix Market City has opened in Pune. Project's total investment Rs …
Bank credit to Indian real estate sector rises 25% in 2010-11, RBI concerns
Bank credit to Indian real Estate sector has gone up 24.6% for the financial year ended March 2011, higher than the overall credit growth reported by banks at 22.6% .Real Estate was one of the highest sectoral exposures by banks after infrastructure.
India real estate lo…
Haryana Governor supports direct purchase of land by investors
Haryana Governor Mr. Jagannath Pahadia supported the West Bengal government’s decision to let investors purchase land directly from land-owners instead of the government acquiring land on their behalf.
Mr. Jagannath Pahadia Said, “I am not thorough about chief minister Ma…
Indian Real Estate Regulation Bill may be further delayed
The proposed Inidian Real Estate Regulation Bill may be further delayed. The ministry of housing and poverty alleviation, which was set to table the draft bill during the Monsoon session of Parliament, is yet to get the law ministry’s opinion on it. The draft Bill was sent…
Demand for Indian home loans set to dip
In the current 2011, as the indian housing market in the West slowly picks up, the Indian market may be in for slack. SBI ( State bank of India) withdrew its home loan scheme with effect from 2011, May, after RBI ( Reserve Bank of India ) raised concerns on the borrowers&…
Patel Realty launches integrated residential project in Bangalore
Patel Realty launches luxury integrated residential project in Bangalore, Townsville at Neotown.
July 07, 2011
Patel Realty India Ltd, a subsidiary of Patel Engineering Group, has announced the launch of its new luxury residential project – Townsville at Neotown, integra…
DLF expects Rs 700 crore sales from Gurgaon plots
July 06, 2011 India's largest realty firm Gurgaon based DLF will launch 400 plots in Gurgaon and is expecting sales realisation of about Rs 700 crore from this project over the next two years. While announcing its annual result last may (2011) month, DLF had said that t…
India eyes record 7,300 kms of road network expansion, worth nearly $12 billion
India eyes record 7,300 kms of road network expansion, worth nearly $12 billion
June 28, 2011
India will award a record 7,300 kms of road building contracts current year (2011) worth nearly $12 billion.
According to a top official of NHAI ( National Highways Authority…
Inidan Realty stocks lose Rs 35,300 cr in last 18 months
The market capitalisation of indian realty stock 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 july 23 (2011) from Rs 1.10 lakh crore on December 31, 2010.
The CNX realty index consi…
Reserve Bank warns banks on real estate valuation frauds
Reserve Bank of India (RBI) has asked all banks to submit an action-taken report on by inflated valuations of real estate properties for the purpose of home loans.
The matter was raised recently by RBI Governor D Subbarao during a meeting of the BFS ( Board for Financial Su…
Indian Industrialist Sandeep Jajodia buys bungalow for Rs 170 crore in south Delhi
Delhi June 08, 2011
Indian Industrialist Sandeep Jajodia (Age 43), head of Monnet Ispat & Energy (sponge iron maker) has bought a house in south Delhi for Rs 170. This is for his family's use.
Nearly Rs 80,000 a square foot-for the bungalow built on a 2,000- sq…
