News: indian property investment

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

Office space back in demand

Delhi NCR Prospects of the commercial real estate have started looking up along with the residential real estate market, as the economy gathers steam — it has shown a spectacular recovery from the downturn, when the GDP dipped to 6.7% in 2008-09. According to the Centre for Monitoring Indian Economy (CMIE), the GDP is expected [...]

Combined buyer companies may solve real estate problems

A combined buyers’ association has never really taken off in India. In real estate the government sponsored cooperative housing concept did proliferate during the socialist years but it has since died down. In the US, buyers get together on the Internet and negotiate with manufacturers of televisions, music systems and other goods to buy nearly [...]

Alhind Builders Plan 40 Storey Aprtment in Kerala with Two Helipads

Alhind Builders is set to construct what is claimed to be the tallest apartment building in Kerala, complete with two helipads. The 40-storey building forms part of an apartment complex coming up at Karaparamabu junction in Kozhikode, with two other buildings having 30 and 10 storeys each. The managing partner of Alhind Builders, Wazeerudhin said [...]

VME Realty to Start Residential Project in Chennai

VME Group, which has its presence in the real estate market from more than two-decade with focus on infrastructure, especially highway and railway bridges, has now turned its attention on property development. Construction is about to begin on its maiden residential apartment project that will offer a total of 302 apartments through a mix of [...]

Pune 5 Star’ rating for residential project

‘Nandan Prospera’, one of the premium residential projects being set up by Nandan Buildcon Pvt. Ltd at Baner, has become one of the first projects in the city to have received the ‘Pune 5 Star’ Crisil Rating, after Crisil launched city-specific ratings for real estate projects to ensure quality, transparency and timely completion. Shamkant Kotkar, [...]

Raj Nagar Extension: Quality housing, affordable price

Ghaziabad Raj Nagar Extension, located on National Highway 58, Ghaziabad, is a unique experiment where over 15 developers have come together to market projects in an area that is along a major transport corridor. Unlike several other places, where despite geographical clustering, developers largely sell individual projects, all developers have jointly promoted in Raj Nagar [...]

Neev launches housing project in Malad

Mumbai based real estate developer Neev Homes has announced the launch of its new residential project, Neev Bellevue, in Malad (East). Positioned as a qualitative and affordable project, this new launch is being developed to cater to the growing demand of home buyers in the mid-income segment in the northern suburban region of the city. [...]

Crisil launches real estate ratings

Harried property buyers can now look forward to rated real estate projects, which will help them to choose higher quality properties while buying or leasing them. Leading rating firm Crisil yesterday launched ‘Real Estate Star Ratings’, which will assign city-specific rating to a particular project on a eight-point scale, depending on the quality parameters set [...]

Commercial rental space in metros to have more supply than demand: CII, JLLM Report

Mumbai: The commercial lease and rental space in India will witness a low occupancy rate till 2011, indicates the latest report by Confederation of Indian Industry (CII) and Jones Lang Lasalle Meghraj. The report, ‘The Seven Stars of India – India’s best performing micro markets for occupiers’ consist the trend and forecast on realty rental [...]

India’s commercial space to face the problem of plenty

India’s realty sector is likely to face the problem of plenty with office rental space set to outstrip demand resulting in a further drop in rentals, according to a report released on Tuesday. “With the forecast growth of net completions expected to outpace that of net absorption, a significant supply overhang is expected to remain [...]