Aloft Hotels, a franchisee of Starwood Hotels & Resorts Worldwide, Inc, is planning to add 830 rooms across five cities in India by the first quarter of next fiscal with an investment of Rs 500-550 crore. Speaking to reporters after launching the company’s first hotel in India at Chennai, Kumar Sitaraman, chairman and chief executive [...]
Archive for the ‘Commercial Real Estate India’ Category
Auromatrix plans 4 new hotels, to invest Rs 500 cr
Posted by propertyagentsindia on July 8th, 2010
Posted in Chennai Real Estate News, Commercial Real Estate India, India Real Estate Guide, Karnataka Real Estate News, Kerala Real Estate News, Real Estate Buzz-India, Tamil Nadu Real Estate News, india real estate market 
Tags: Auromatrix plans 4 new hotels, chennai real estate, coimbatore real estate, Commercial Real Estate, real estate investment 
No Comments »Civic body looks at fresh ways to deliver property tax bills
Posted by propertyagentsindia on July 8th, 2010
In response to complaints by citizens on the delivery of property tax bills, the Pune Municipal Corporation (PMC) has decided to explore new options for distribution of bills of the 6.5 lakh properties in the civic jurisdiction. “The civic body was earlier distributing the bills through a private agency but later took the service of [...]
Overview on Indian Real Estate Scenario
Posted by propertyagentsindia on July 3rd, 2010
The flexible nature of the Indian real estate has earned its appreciated value over time. In fact, the rapid growth of the Indian realty market has enhanced aspirations for good standard of living. The present scenario of India has changed the way we live, from working style to recreation. The major factors behind the rapid [...]
Posted in Commercial Real Estate India, India Real Estate Developers, India Real Estate Guide, Real Estate Buzz-India, Real estate Rates India, Residential Real Estate - India, india real estate market Tags: Indian Government on Foreign Direct Investment, Indian real estate, Indian Real Estate Scenario, the growth of the property market. No Comments »Avoid real estate for short-term play: Prashasta Seth, India Infoline
Posted by propertyagentsindia on July 3rd, 2010
Prashasta Seth, Senior Fund Manager IIFL Wealth, India Infoline, in a chat with ET Now talks about the real estate space. What is your view on real estate? Could people look at some of the stocks in this pocket? It is a pariah kind of a sector at this point of time with nobody actually [...]
New Delhi most Expensive Indian City in Terms of Cost of Living
Posted by propertyagentsindia on July 3rd, 2010
New Delhi has emerged as the most expensive city for expatriates in terms of cost of living, according to a survey by global HR consultancy Mercer said. However, the cost of living in Indian cities still happens to be cheaper than 84 cities in other parts of the world, the ‘2010 Cost of Living Survey’, [...]
Phoenix in a hurry to catch up with the biggies
Posted by propertyagentsindia on July 3rd, 2010
Managing Director Atul Ruia claims they are a misunderstood company Atul Ruia compares his property development firm, The Phoenix Mills, to a mining company. “You dig for three years and then you get ore. We have also invested capital for three years and are ready for the cash flows to start,” the 40 year-old managing [...]
Posted in Commercial Real Estate India, India Real Estate Developers, India Real Estate Guide, Real Estate Buzz-India, Real estate Rates India, Residential Real Estate - India, india real estate market Tags: Indore-based Entertainment World Developers, Manish Kalani, Phoenix real estate developer, property development firm, Shares of Phoenix No Comments »DLF Looking to End Year with Operating Cash Surplus of Rs 2,500 crore
Posted by propertyagentsindia on June 14th, 2010
DLF Ltd, the largest real estate developer in the country by market capitalisation, is looking to end the year with operating cash surplus of Rs 2,500 crore, as it looks to raise Rs 2,700 crore through non-core asset sales and healthy cash flows. According to a report published in DNA, the developer is also looking [...]
Posted in Andhra Pradesh Real Estate News, Commercial Real Estate India, Housing Projects India, India Real Estate Developers, India Real Estate Guide, Maharashtra Real Estate News, Pune Real Estate News, Real Estate Buzz-India, Residential Real Estate - India, Tamil Nadu Real Estate News, india real estate market Tags: commercial leasing enquiries, Real estate developer No Comments »MCHI Receives Cheering Response from13th India Realty Expo 2010 held in Dubai
Posted by propertyagentsindia on June 14th, 2010
“India Realty Expo 2010 held in Dubai achieved great success this year, since most of the exhibitors were offering ready properties or possessions between 3-6 months. Maharashtra Chamber of Housing Industry (MCHI), the most prominent body of real estate builders and developers in India has received a cheering response to their ‘13th India Realty Expo [...]
Posted in Commercial Real Estate India, India Real Estate Developers, India Real Estate Guide, Real Estate Buzz-India, Residential Real Estate - India, india real estate market Tags: developers in India, Housing Industry, India Realty Expo 2010, leading developers and builders, real estate builders 1 Comment »HCC Divests 74 per cent of its Stake in its Commercial Real Estate Project in Mumbai
Posted by propertyagentsindia on June 14th, 2010
Hindustan Construction Company (HCC) has demonstrated its ability to monetise its commercial project at a time when the commercial real estate market in India is still not out of the woods. The company, on Thursday, announced divesting 74 per cent of its stake in its commercial real estate project in Mumbai called ‘247 Park’ to [...]
Posted in Commercial Real Estate India, India Real Estate Developers, India Real Estate Guide, Maharashtra Real Estate News, Mumbai Real Estate News, Real Estate Buzz-India, india real estate market Tags: commercial projects, Commercial Real Estate, Real estate developer, Real Estate Funds, real estate project in Mumbai No Comments »India Moves up on Most Preferred Retail Market List
Posted by propertyagentsindia on June 10th, 2010
India has moved five places up on the list of most preferred markets for retailers due to heightened interest from international companies in emerging markets, according to a study which tracks the presence of top retailers worldwide. India moved to the 39th position in 2009 from number 44 in 2008. Nearly 22 per cent of [...]
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