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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36 Shops Auctioned For 48.76 Crore In Manesar
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| Published: August 23, 2009 | Author: Administrator | Source: August 20, India Realty News |
| In what could be an early indication of a recovery in the sluggish real estate market, 36 shops in Manesar were auctioned for Rs 48.76 crore against the reserve price of Rs 19.07 crore. The Haryana State Industrial and Infrastructure Development Corporation (HSIIDC) sold the shops at a rate ranging ... |
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Signs Of Stability For Indian Real Estate
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| Published: August 18, 2009 | Author: Administrator | Source: August 16, 2009 - Indian Realty News |
| India’s real estate sector is showing first signs of stability after a free fall that started last year, claims a leading builder. Real estate developers in India think the worst may be over as property prices started to stabilise. Buyers are also returning, encouraged by the government’s decisi... |
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Godrej Properties And Lodha Developers To Launch IPO
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| Published: August 14, 2009 | Author: Administrator | Source: 6 Aug 2009 - Business Standard |
| According to investment banking sources, private property developers such as Godrej Properties and Lodha Developers may tap capital markets in the next three-four months to raise funds for their ventures. Godrej Properties, part of the Godrej group, may float an initial public offer of around Rs 500... |
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Hiranandani With Government To Develop Low Cost Housing
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| Published: August 14, 2009 | Author: Administrator | Source: 6 Aug 2009 - Rediff.com |
| Real estate developer, Hiranandani Constructions is planning to foray into the affordable housing segment and may enter into a public private partnership with the Maharashtra government for the same, a top company official said. "We are certainly looking at opportunities in cluster/rental housing. A... |
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3C Company Comes Up With Housing Project In NCR
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| Published: August 14, 2009 | Author: Administrator | Source: 6 Aug 2009 - Business Standard |
| Real estate firm, 3C Company announced launch of Rs 1,550-crore residential project in the national capital region. Private equity firm, Red Fort Capital, which 50% stake in the project, would fund it. The global equity firm, which has invested $300 million in India, said it has already put in Rs 15... |
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Omaxe Launches Sangam City Township In Allahabad
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| Published: August 10, 2009 | Author: Administrator | Source: August 10, 2009 - Indian Realty News |
| Omaxe Ltd has launched Omaxe Sangam City, an integrated township in Allahabad, according to a press release. The 96-acre Omaxe Sangam City offers plots ranging from 86 sq. yards to 671 sq. yd available at competitive price of Rs 5,200 per sq.yd. Set in a green environment and recreational and entert... |
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Nitesh Estates Plans To Raise 1200 Crore
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| Published: August 10, 2009 | Author: Administrator | Source: August 10, 2009 - Indian Realty News |
| Nitesh Estates, a Bangalore-based realty major, is on private equity trail after Citigroup snapped a $350-million funding last year, citing the deteriorating economic environment. The firm has now opened talks with Farallon Capital, JP Morgan and TPG Capital, among others, for raising capital throug... |
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UK Hotel Chain Premier Inn Plans 80 Hotels In India
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| Published: August 10, 2009 | Author: Administrator | Source: August 10, 2009 - Indian Realty News |
United Kingdom’s hotel chain Premier Inn is planning to open about 80 hotels in the country in the next 10 years. The hotel chain will invest Rs 4,000 crore to build 3-star hotels at various locations in the country with a combined capacity of 9,700 rooms.
“We have planned 18 hote... |
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Govt Offers 1% Loan Subsidy To Encourage Affordable Housing
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| Published: August 10, 2009 | Author: Administrator | Source: August 10, 2009 - Indian Realty News |
| Govt has offered 1% subsidy on loans up to Rs 10 lakh & doled out tax sops for developers. But this will mainly boost affordable housing projects in Tier II & III cities. Metros will be missing from the list. At a time when low cost is the clearly the buzzword in the real estate sector, Union financ... |
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