Property exhibitions or Expos are one stop platform for all your need while hunting for a residence of your choice. Here you can get information on numerous projects by different developers on various stages of completion. In a place like Bangalore where every six month the urban city limits expands a kilometer, construction of newer [...]
Brigade Enterprises has announced to raise additional capital of up to Rs 750 crore by issuing equity based securities to various investors through Public/ Private Offerings, QIP, or Preferential share allotment. This is in addition to their earlier plan of raising Rs 500 crore by private equity investments. The exact mode and time of raising [...]
With the recent 8% slash of prices by Sobha Developers not giving them much gain and DLF dhowing the way with 30% price cut for its Bannerghatta properties, Sobha has further slashed prices!
Completion and near completion of major big projects of Puravankara and lack of market response (due to which no new projects planned) are being quoted as the reasons for laying off over 100+ civil engineers. Earlier DLF and Omaxe had taken similar steps. Puravankara which employs over 750 people is going ahead with its "affordable [...]
Recent collapse of Lehman has the Department of Industrial Policy and Promotion (DIPP) and the Reserve Bank (RBI) meeting soon to discuss the situation. Lehman has $500 million investment in Indian real estate projects. Lehman invested $200 million last year in DLF promoter group company DLF Assets. It has also invested $80 million in Bangalore [...]
In th February 24, 2008 issue of Business Today, there was an article on how real estate prices seem to be correcting and showing a downwards trend. Mumbai: prices seem to be steady but the property registrations dropped by 8% Delhi: prices down by 5-10 % in NCR Hyderabad: prices down 5-10 % Bangalore: prices [...]
According to Cushman & Wakefield, the total real estate demand over the next five years from 2007 is expected to grow to approximately 1900 million sq. ft. across the commercial, retail, residential and hospitality segments. The bulk of the requirement being in residential segment. Here is a detail breakup: Type Requirements (million sq. ft.) Residential [...]