Posts Tagged ‘india real estate’

New Delhi most Expensive Indian City in Terms of Cost of Living

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’, [...]

Vision India Real Estate Plans Affordable Housing in Chennai

Vision India Real Estate will make an investment of $100 to 200 million in the Chennai market over the next two years. According to Ilan Elad, Executive Director of the company, the focus will primarily be on the Rs.13 lakh to 27 lakh affordable housing segment. Insisting that India has a compelling growth story for [...]

Santa Cruz depot goes for Rs 50 cr

MUMBAI: The Brihanmumbai Electric Supply and Transport (BEST) brought another depot under the hammer in a bid-cum-auction on Thursday afternoon, which fetched it Rs 50.28 crore for a 60-year lease; it works out to less than a crore a year. This Santa Cruz depot, the third to be leased out since November 2006, would allow [...]

Janaadhar launches low-cost homes project near Bangalore

State governments have drawn up several schemes for low-income housing, but private initiatives have been limited Madhurima Nandy Bangalore: Ramesh Ramanathan, who runs the non-profit organisation Janaagraha, on Thursday launched his maiden low-cost housing venture in the industrial town of Attibele, about 35km from Bangalore. His firm Janaadhar Constructions Pvt. Ltd will build more than [...]

Ground Realty: Kolkata Real Estate Deals

An apartment, located on EM Bypass and admeasuring 2,393 sq ft was sold at a total cost of Rs 1,04,98,460 (Rs 4,220 per sq ft). This is one of the city’s upcoming residential locations with many mid- and high-end residential units, which have been witnessing some active end-user demand, post the recent economic slowdown. The [...]

Ground Realty: Mumbai Real Estate Deals

A premium residential apartment located in Central Mumbai was purchased in a primary sale at a total cost of Rs 14,00,00,000. The 4-bedroom unit is spread across an area of approximately 4,000 sq ft and commanded an average capital value of Rs 35,000 per sq ft, which is at par with the range of Rs [...]

Ansal Properties stock up 12%

MUMBAI: Leading infrastructure development company, Ansal Properties’ stock rose by 12% in the last five days. The average volumes of the stock increased 5.5 times in the last five days. Price Delivery Action Stock up 12% in last 5 days Avg volumes up 5.5x in last 5 days Delivery QTY up 6.94x in last 5 [...]

Real Estate TV signs agreements with Cable Networks

New Delhi, India, April 02, 2008 – ‘Real Estate Television, India’s first 24×7 channel dedicated to Real Estate and Infrastructure, is now available in all metros and major cities across the country, it was announced here today. Among the major distribution platforms, Real Estate Television has signed agreements with Hathway and Amogh in Bangalore, Hathway [...]

Priority to Small Towns by Foreigners

Small Indian towns have succeeded in gaining much attention and interest of foreign investors than the metros and big cities. These small towns are being preferred more by the investors as far as the establishment of manufacturing facilities are concerned. A study which was government sponsored noticed that this has established linkages with suburban and [...]

SBI Increases Interest Rates on Home Loan

State Bank of India (SBI), the largest bank in India and one of the leading players in the housing finance market, has raised interest rates on home loans. Although the bank will continue with its 8% teaser rate — which the SBI had introduced more than a year ago — for the first year, it [...]