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Land acquisition becomes trend for corporate houses

February 17, Mumbai. As land prices is rising, large business houses now appear to be increasingly aware of their excess property holdings and the valuations it could fetch in addition to their regular...

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Delay in land acquisition derails TML’s expansion plan

Excessive delay in land acquisition by the West Bengal government has disrupted the expansion plan of Tata Metaliks (TML) in Kolkata. Mr. Harsh K Jha, Managing Director, TML, told the reporter on...

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Land Deals At Prime Locations In Metros Losing Its Shine

The soaring land deals in prime location of metro cities, which had scaled astronomical levels in the past few years, seem to be losing steam. The deals being struck this year are at increasingly lower...

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For Some Mahindra Lifespace May Opt PE Funding

MUMBAI - Real estate firm Mahindra Lifespace Developers Ltd may consider private equity funding for some of its projects, but has no immediate plans to dilute its stake, a top official said. The...

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Realty Is Facing A Major Cash Crunch

Land prices in the national capital region (NCR), Mumbai suburbs, Bangalore and Hyderabad have corrected by up to 25% as property developers slow down their land purchases. Poor sales and lower...

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DLF To Get 5000 Acres Land Less Than Market Rate

Real estate developer DLF will soon get around 5000 acres near Greater Noida at less than market rate under the Taj Expressway Industrial Development Authority’s (TEA) scheme. Jaypee group, too, has...

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Hotmail Allies With Parsvnath

The famed Nano City project of Hotmail man Sabeer Bhatia, is all set to get a partner soon and that will be realtor Parsvnath Developers. As Sabeer arrives in India on July 10, final decisions will be...

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ICICI Pru Buys 50 % In DS Kulkarni Project

Real-estate firm DS Kulkarni Developers Ltd said on Wednesday that it has sold 50% in a unit setting up a premium Bangalore residential project to ICICI Prudential PMS Real Estate Portfolio, for 350...

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Berggruen In A Thousand Crore Rupees Expansion

Berggruen Holdings, a New York-based private investment company, which is setting up a series of three- and four-star hotels under its arm Berggruen Hotels, will invest over Rs 1,000 crore in India...

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SEZ In Gurgaon By Raheja Developers

Realty firm Raheja Developers said it would invest about four thousan five hundred crore rupees to develop an engineering SEZ in Gurgaon over the next three to five years. This project, which is...

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Realty stocks continue to haunt investors

Fears of slowdown, delay in project execution and delivery and plunging profit margins continue to haunt investors who have put their money in realty stocks. According to real estate sector report by...

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Domestic land near Gomti Barrage to turn commercial

The UP government is all set to give its formal nod to change in land use of reclaimed land between the Gomti barrage and the eight-lane bridge. The 8 acre of land would soon have its land use changed...

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