Overseas Property Investment

The most recent india property investment news from a variety of international property news sources.

The supply of high-value flats in the city will outstrip demand from March. At present, there is an approximate supply of a million sq ft for the top-end residential market in the metropolis
High-value flats, starting with a price tag of Rs5 crore (for a luxurious two, three or four bedroom, hall and kitchen) had vanished [...]

The hike in cash reserve ratio (part of deposits that banks have to park with the RBI) will signal the end of special home (also called teaser home loan rates) and auto loan rates. It is also expected to jack up borrowing costs for companies.
“These rates will come to an end by march,” said MV [...]

Gandhinagar: After clearing 10 new Town Planning (TP) schemes of Ahmedabad recently, the state government is planning to announce more new TPs for Ahmedabad. The Ahmedabad Urban Development Authority (AUDA) has submitted primary proposals for around 14 new town planning schemes for various developing areas of the state.
The new schemes are: Sarkhej-Ofal-Fathewadi (86 to 90), [...]

Home, car and personal loans are now certain to be more expensive with the Reserve Bank of India , under pressure to combat rising inflation, on Friday raising the mandatory cash reserves of banks to suck over Rs 36,000 crore (Rs 360 billion) out of the system.
Bankers said that both lending and deposit rates are [...]

NEW DELHI: Singapore-based hospitality firm Alila Hotels and Resorts on Thursday said it will expand its portfolio in India to four properties by end of 2011 and is scouting for local partners to open more hotels.
The company, which ventured into the Indian market last December with the first hotel in Goa, also said that India, [...]

The Pune’s boundaries are growing in all directions. Adding another totally new dimension to the city is the rush of integrated townships into Pune.
The city is ready to reap a rich harvest for those having the capacity to invest and develop large tracts of land and put in the physical and social infrastructure.
This is what [...]

The Maharashtra Housing and Area Development Authority (Mhada) is selling 3,394 homes in central and suburban Mumbai in areas such as Sion and Malad. At least 70 per cent of these are reserved for the poor. The sale of the forms ended yesterday.
Many of the homes in this year’s sale are one- or two-bedroom apartments [...]

Convention Hotels India (CHI) plans to foray into the hospitality segment by launching its first property at Calangute in North Goa by Quarter One of 2011. The company plans to operate in ‘built out’ model in the hospitality space. For the upcoming property CHI has tied up with Holiday Inn for management of the hotel, [...]

Owning a dream home for many a poor Chennaiite could soon become a reality with a leading builder, Khivraj Estates, all set to promote a low-cost residential project at Thiruvottriyur, 10 km from the city centre, at Rs 4 lakh per 269 sq ft studio apartment. The project will come up in an area where [...]

Construction firm Unity Infraprojects will develop two mixed-use housing projects aimed at middle-to-high income segments in Kolkata and Bangalore with an investment of around Rs 500 crore.
“We have already acquired 37 acres of land in these two cities. Work on the projects will kick off next quarter,” said Yogen Lal, chief operating officer, Unity Infraprojects.
The [...]