NEW DELHI: An official of Dubai-based Emaar Properties says it will continue to focus on India as it offers the best investment opportunities across the 16 countries in which the real estate developer is present. “Given the robust domestic market and high economic growth rate, India will continue to give superior returns compared to other [...]
Posts Tagged ‘real estate india’
Parsvnath Developers appoints Sunil Malhotra as CFO
New Delhi, India, April 04, 2008 – Parsvnath Developers Limited, India’s leading real estate developer with diversified portfolio, has announced the appointment of Mr. Sunil Malhotra as CFO with effect from March 28, 2008 in place of Mr. Ravi S. Pani, who has since resigned. Mr. Malhotra besides being a Masters Degree holder in Commerce [...]
BuildArch 2008 and Build Up 2008 Announced in Mumbai
Bangalore, India, April 04, 2008 – Bangalore International Exhibition Centre (BIEC), The Confederation of Indian Industry (CII) and Deutsche Messe, Hannover, Germany (DMAG) have announced the institution of BuildArch 2008 and Build Up 2008, India’s Comprehensive International Exhibition and Conference scheduled to be held in October at the Bangalore International Exhibition Center (BIEC), Bangalore. The [...]
Five lakh affordable homes planned in Mumbai, adjoining areas
MUMBAI: Maharashtra Chamber of Housing Industry (MCHI) has embarked on an ambitious plan of facilitating the creation of five lakh affordable houses by 2015 in co-ordination with the State Government. The total investment will be around Rs 15,000 crore and more than 500 builders will participate in the project. “We are closely working with the [...]
Realty Revival May Push up Retail Rentals
There may be a turnaround in realty fortunes, but rentals are still to look up. So much so that the likes of Shoppers Stop or Inox have not yet been approached by mall developers to cough up higher rentals. Real estate analysts claim that the retail space should witness sustained growth for a considerable span [...]
Red Fort to Invest $ 1 Billion in Indian Real Estate
Red Fort Capital Advisors Pvt., a real estate private equity fund, plans to invest as much as $1 billion in India’s property market over the next few years to tap demand in the world’s second-fastest growing major economy. The firm has invested $400 million since 2007, mainly in residential projects, and may consider investing in [...]
Tax Official Looking To Collect Service Tax from Real Estate Companies
The Budget proposal to levy service tax on real estate sector may have upset home buyers, but it has given a reason good enough for the tax officials to investigate and collect chargeable service taxes from the real estate companies that have not been paying the exchequer. The service tax commissionerate, service tax arm of [...]
Unitech Plans Restructuring- Hires Advisors
Unitech Ltd, the second-largest real estate developer in the country, on Tuesday said its board has constituted a restructuring committee to explore, consider and evaluate opportunities and suggestions for potential merger of subsidiaries, demerger and other forms of restructuring, or acquisition, or spin-offs. It has appointed Ernst & Young, S R Batliboi & Co and [...]


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