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AIPL buys Gurugram land for Rs 1,000 crore through DRTRealty developer AIPL has secured a 43-acre plot in Gurugram for Rs 1,000 crore. This acquisition, made through the debt recovery tribunal,...
Delhi NCR developers tighten home sales to curb speculation, prioritize end-users and transparencyProperty developers in Delhi NCR are adopting stricter and more transparent home-selling practices to curb speculative buying. This include...
Tulip Infratech to invest Rs 200 crore in stuck housing project of Vipul LtdFinance company PNB Housing Finance Ltd restructured Rs 412 crore debt and transferred the project to Tulip Infratech, which agreed to take...
Why buying a flat can be a good long-term investment nowHousing is currently one of the safest investment bets from a long-term perspective, with key stock indices poised to come off record highs...
Property brokers in Gurgaon to move court against capping on brokerageAssociation of Property Professionals (APP), the NCR chapter of National Association of Realtors(NAR), said it is preparing a legal reply a...
Warehousing land acquisition costs near Jewar airport cut 30%, down to Rs 2.7 crore per acreIndustry experts, however, said rates are still on the higher side. But considering its closeness to the upcoming airport, companies might ...
Hospitals are checking into under-construction properties as hotel chains check outThe NCR-based Enkay group, which owns and operates several hotels in North India in a revenue-sharing model with hotel chains, has recently...
Dell may sell 25 acres in Noida to Amity University for Rs 250 croreDell is close to selling 25 acres in Noida to Amity University for around Rs 250 crore, two people with knowledge of the transaction told E...
Achche Din for office space as TCS leasing 920k sq ft office space in NCRTCS will use part of the space to consolidate its offices in different parts of Noida and Gurgaon while the rest will be used for expansion.
Trinity Capital exits Gurgaon SEZ at Rs 200 crore lossDelhi’s Uppal Group buys the PE firm’s 33% stake in Luxor Cyber City SEZ which the AIM-listed firm had picked in 2007 for Rs 303 crore.
Home prices in Mumbai climbs 66 per cent in 4 yearsA limited supply of clear land, demand-supply mismatch and rising cost of inputs like steel, cement and labour have contributed to the rise...
DLF paid extra for Robert Vadra's land; company refutes claims: AnalystsDLF says giving over 85% of the money, or Rs 50 crore, as advance for a Rs 58-crore transaction is a "normal commercial practice".
- Buying a farmhouse in Delhi just got easier due to relaxed norms
The new farmhouse policy of Delhi will reduce the ownership cost of farmhouses as it allows a minimum size of 1 acre against 2.5 acres earl...
- Sun Apollo invests Rs 75 crore in Assotech's project in Gurgaon
Sun-Apollo India Real Estate Fund has invested Rs 75 crore in Noida-based builder Assotech's first project in Gurgaon.
- Real-estate firms build brand image by hiring executives, business heads
The real estate business in India has grown manifold in recent times, and companies have also increased their scale of operations.
- Kotak Realty Fund plans to raise $350 mn via foreign realty fund
Kotak Realty Fund plans to raise $350 million, or about Rs 1,866 crore, through a foreign real estate fund that will invest primarily in re...
- Kotak Realty Fund to invest Rs 170 cr in BPTP’s Gurgaon Project
Kotak Realty Fund is investing Rs 170 crore in BPTP's residential township project Astaire Gardens in Sector-70A of Gurgaon.
- Slowdown hits commercial office Space business
After the slowdown in 2008-09, companies had a growth-oriented strategy for 2011. This was apparent in the first two quarters of the year w...
- PVR sells Phoenix Mills Property to JM Financial Fund for Rs 100 crore; stock up
PVR on Thursday sold its multiplex property at Phoenix Mills, Mumbai, to JM Financial's newly-launched Real Estate Income Fund for Rs 100 c...
- PVR sells Phoenix Mills Property to JM Financial Fund for Rs 100 crore
After the transaction is completed, PVR will continue to operate the multiplex property on a long-term lease arrangement basis.