India Real Estate News
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This section of the website provides latest real estate news in India and latest happenings in the Indian real estate market. Some of the latest real estate news in India are listed below. You can click on the news title to view it in detail. If you would like to submit the news in our real estate directory, then you are most welcome to do so from your member control panel.
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3C Company Launches Lotus Boulevard In Noida
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| Published: August 7, 2009 | Author: Administrator | Source: Google |
| The 3C Company launched India's largest green residential estate - Lotus Boulevard. The 3C Company has planned the 40 acres housing project with an outlay of Rs 1,550 crore. The first part of this landmark project, spread over 30 acres, has been funded jointly with Red Fort Capital, the leading inte... |
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Developers Leaving Projects Under-developed
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| Published: July 31, 2009 | Author: Administrator | Source: July 23, 2009 - Indian Realty News |
| Mr. Ajay Jain remains an angry customer of DLF Ltd, the country's largest property developer by sales. Singapore-based Mr. Jain, 49, who bought a four-bedroom apartment in DLF's Belaire project in Gurgaon, is upset that he has paid the developer at least 85% of the cost of the flat "Rs 2.4 crore" bu... |
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Mumbai - Most Preferred Destination For Realty Investment
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| Published: July 31, 2009 | Author: Administrator | Source: July 21, 2009 - Google.com |
| A recently conducted survey, "Trend in residential space across top cities in the current scenario", ranked India's financial capital, Mumbai as the most preferred destination to invest in property while in the south, Chennai was the first place for property investments, overtaking Bangalore. Cities... |
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Hiranandani Group Buys Land Worth Rs 800 Crore
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| Published: July 31, 2009 | Author: Administrator | Source: July 18, 2009 - Indian Realty News |
| Mumbai based Hiranandani Upscale, a fully-owned company of Mumbai based developer Hiranandani Group, has bought 135 acres in Bangalore, Chennai and Hyderabad for Rs 800 crore. According to a source, the agreement had been signed last month between Hiranandani Upscale and three individual sellers in ... |
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Maytas Properties Plans To Raise Rs 150 Crore
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| Published: July 31, 2009 | Author: Administrator | Source: July 23, 2009 - The Hindu Business Line |
| Maytas Properties said that it is planning to raise about Rs 150 crore by bringing in a strategic partner for the Hill County Project. The company is developing luxury villas and apartments but the work is being held back due to scarcity of funds. The Government-nominated member of Board on Maytas P... |
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Siemens Offers 13 Residential Properties In Mumbai
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| Published: July 31, 2009 | Author: Administrator | Source: July 13, 2009 - Indian Realty News |
| Siemens has put 13 of its residential properties in Mumbai on the block. These properties are a part of the company's non-core assets and are spread across a total area of over 15,000 sq ft with an average price of around Rs 30,000 a sq ft. The company wants to take advantage of stability in realty ... |
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JP Announces 292% Increase In Net Profit
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| Published: July 30, 2009 | Author: Administrator | Source: July 29, 2009 - Indian Realty News |
| Beating slowdown in the economy, Jaiprakash Associates Ltd (JAL), a leading infrastructure conglomerate, announced on Sunday a 292% rise in its net profit to Rs 491.2 crore in the first quarter (April-June) of 2009-10 as against Rs 125.2 crore in the same period last year. The company’s turnover w... |
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43% Drop In Foreign Direct Investment
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| Published: July 30, 2009 | Author: Administrator | Source: July 30, 2009 - Indian Realty News |
| India received $2.2 billion foreign direct investments (FDI) in May this year, department of industrial policy & promotion (DIPP) secretary Ajay Shankar said. There is a 43% drop in the FDI inflow in May 2009 compared to $3.9 billion received in the same month of the previous year. The inflow of for... |
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Rs 13 Crore Decline In Sobha Developers Q1 Profit
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| Published: July 30, 2009 | Author: Administrator | Source: July 30, 2009 - Indian Realty News |
| Realty major Sobha Developers has seen its net profit nosedive for the first quarter ended June 30, 2009, at Rs 12.7 crore, against Rs 50.5 crore for the same period in FY09. Income from operations stood at Rs 177.1 crore (Rs 346.8 crore). Sobha, which bore the aftershocks of the global economic slo... |
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Godrej Properties Plans IPO In Next Ten Months
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| Published: July 30, 2009 | Author: Administrator | Source: July 29, 2009 - Indian Realty News |
| Godrej Properties Ltd (GPL), the real estate arm of the Godrej group, has planned to come out with its initial public offering (IPO) in next the ten months, a top company official said. "We have filed our Draft Red Herring Prospectus and obtained an approval from the Securities and Exchange Board of... |
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