Bangalore: Real-estate developer Puravankara Group today reported an over two-fold jump in consolidated net profit at Rs 46.05 crore for the fourth quarter ended March 31, 2012. The city-headquartered company’s revenues during the quarter grew by…
Posts Tagged ‘Bangalore’
Puravankara Q4 net profit zooms over two-fold
Posted by propertyagentsindia on May 10th, 2012
Koramangala a Hot Real Estate Destination in Bangalore
Posted by propertyagentsindia on May 8th, 2012
Decades ago, localities used to call Koramangala ‘Sollemangala’ (Solle means mosquitoes in Kannada). The area spread over 1,800 acres in eight blocks, was once petrified by mosquito menace and mangroves. It was a village and was considered not a great place to live for a Bangalorean in the 80s and 90s. Today, it is one of the hottest real [...]
Koramangala a Hot Real Estate Destination in Bangalore
Posted by propertyagentsindia on May 8th, 2012
Decades ago, localities used to call Koramangala ‘Sollemangala’ (Solle means mosquitoes in Kannada). The area spread over 1,800 acres in eight blocks, was once petrified by mosquito menace and mangroves. It was a village and was considered not a great place to live for a Bangalorean in the 80s and 90s. Today, it is one of the hottest real [...]
Posted in Property News 
Tags: Bangalore, Cushman Wakefield, real estate news. property news 
No Comments »Girish Karnad Reflects On Bangalore
Posted by propertyagentsindia on May 7th, 2012
Until a few decades ago, people came to Bangalore essentially for the horse races. Once the racing season was over, the city emptied out. Bangalore had little else to offer. Today the racecourse has been moved out of the city—a former chief minister’s dream of erecting a 100-story commercial tower à la Singapore in the [...]
Anand Rathi and Knight Frank Eye $100 million in Second Realty Fund
Posted by propertyagentsindia on May 2nd, 2012
Anand Rathi Financial Services and property consultancy Knight Frank India are planning to launch their second real estate fund by end of this months and looking to raise around Rs 500 crore (~$100 million), sources close to the development told VCCircle. Unlike its peers who are hitting foreign shores to raise new funds, the joint fund rental yield [...]
PEs like Blackstone, KKR in talks to buy Vijay Mallya’s office towers for Rs 650 crore
Posted by propertyagentsindia on May 1st, 2012
BANGALORE/ MUMBAI: Beleaguered billionaire Vijay Mallya’s investment holding company UB Holdings is in talks with Blackstone and KKR to unlock value of its office spaces, including the iconic head office UB Tower, said banking sources briefed on …
BEML housing society flouted allotment rules: ex-employees
Posted by propertyagentsindia on April 30th, 2012
Bangalore: A housing co-operative created in Karnataka by the employees of defence public sector unit BEML, whose top management is currently under the CBI scanner for alleged irregularities in the purchase of Tatra trucks, has been accused of allottin…
Unity Infraprojects: Realty projects and roads focus to help build-up.
Posted by propertyagentsindia on April 16th, 2012
Healthy order book, strong balance sheet and the potential to unlock value from real estate projects make Unity Infraprojects a decent investment idea on a medium-term basis. Mumbai-based Unity Infraprojects is a small-sized construction firm operating in buildings, water and roads segments. The company is also developing real estate on its land parcels in Nagpur, Bangalore, Pune, Kolkata [...]
Equinox Realty to invest Rs 600cr on housing project in B’lore
Posted by propertyagentsindia on April 16th, 2012
New Delhi: Essar Group real estate company Equinox Realty will invest about Rs 600 crore on construction of its first housing project in Bangalore. The company, which forayed into the realty sector in 2007, has appointed construction major L&T to b…
Bangalore: Just about Office….Office.
Posted by propertyagentsindia on April 14th, 2012
While demand for residential space was mostly sluggish in 2011, demand for office and retail space remained healthy in Bangalore. The market for commercial space is estimated at 50 mil sq. ft. across the country. The average yearly absorption rates in Bangalore and NCR are about nine mil sq. ft. While six mil sq. ft. [...]
Posted in Hyderabad, Mumbai, Property News Tags: Bangalore, chennai, commercial space, DTC, IT & ITES sector, Jones Lang LaSalle India, Kalyani Developers, Karun Varma, MNC IT companies, NCR, Office, real estate news. property news, Residential Space, Shrinivas Rao, Vestian Global Workplace Services No Comments »
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