News articles tagged Chennai

Chennai leads Indian Realty Sector.

India's property market to attract $3 billion from overseas buyers, despite high prices, driven by robust economy and growing middle-class population.

'Integrated Township of the Year Award' received by the DLF Garden City Lucknow.

DLF Garden City, Lucknow, wins "Integrated Township of the Year – North India" at Realty Plus Excellence Awards 2012. The township boasts eco-friendly infrastructure and international living standards.

Realtors ask for Better home loans and tax cuts.

Chennai Realtors Seek Enhanced Tax Exemption to Boost Real Estate Market

40 mn sq. ft. to be developed in next 5 years by South Asian Real Estate.

SARE Homes plans to develop 40 million sq ft in next five years across seven major Indian cities, including Navi Mumbai.

DLF’s tribute to Government Staff Services to the Nation

DLF announces special discount scheme for government and defence staff for purchasing residential units across various projects.

Buying a House During Monsoon is Beneficial

Developers offer 'monsoon discounts' to boost sales during lean season, with discounts ranging from 10-20% in cities heavily affected by monsoon.

Brokers Hunt for Jobs as Slump Hits Realty Sales

Real estate brokers in major Indian cities are switching to other businesses due to a slump in home sales. Smaller players are particularly affected, forcing many to seek jobs in different sectors.

Sayaji Hotels Ltd to Invest Rs100 Crores in Pune; Plans to Expand Operations

Sayaji Hotels Ltd plans to invest Rupees 100 crore in Pune, expanding operations to include a sports club, restaurant, mall, and service apartments. The group also aims to grow in other cities like Bangalore, Chennai, and Gurgaon.

Report on Commercial Rental Market

A new report indicates that the Indian realty sector may face an oversupply of office spaces, leading to declining rentals and increasing vacancy rates.

Siva Group bought 13.9% Stake in Arihant Housing

Siva Group acquires 13.88% stake in Chennai-based Arihant Foundations and Housing

Inno Real Estate launched ‘Inno GeoCity’

Inno Real Estate launches its first self-developed residential project, GeoCity, a 131-acre township in Oragadam near Chennai, featuring 4,000 units and amenities.

The RBI's Realty Indices For Ahmedabad

The Reserve Bank of India plans to create indices for commercial and residential properties in Ahmedabad to manage speculation and realty bubble risks.

Office rentals stabilize

Office rentals in India stabilized in the September quarter, with varied trends across cities. Economic improvement and corporate confidence drive demand.

Residential realty prices moving up

Residential real estate prices have increased by 10% in three months as market sentiment and transactions improve. Prices were initially cut by 30% to combat decreased demand.

Safexpress investing in 32 logistics parks

Safexpress is set to invest Rs 600 crore to establish 32 logistics parks, aiming to double its warehousing to 10 million square feet and reach Rs 1,000 crore in revenue.

Mumbai expects highest residential space demand

Mumbai anticipates highest residential demand, while Bangalore leads in office and retail space. Pune shows strong retail growth potential.

El Forge to sell Chennai property

El Forge Ltd. is selling its Thuraipakkam land for ten crore rupees as part of a restructuring, aiming for substantial profit to improve its financial situation.

Shriram Properties and Career Launcher tie up

Shriram Properties and Career Launcher will open 25 Indus World Schools in townships across Bangalore, Chennai, Kolkata, and Visakhapatnam by 2010.

IFCI expands in real estate business

IFCI is expanding its real estate presence, launching three serviced apartment projects and partnering with Frasers Hospitality to manage a capital property.

Two million affordable houses required

The demand for affordable housing is critical for India's middle income population, particularly in major metros like Delhi, Bangalore, Chennai, and Pune.

Puravankara buys sixty-two acres in Bangalore

Provident Housing, part of the Puravankara Group, has acquired 62 acres near Bangalore for ₹150 crore to expand affordable housing projects in the region.

Mumbai is most preferred property investment destination

Mumbai is the most preferred real estate investment destination, followed by Chennai, according to a recent survey. Patna, Nasik, Tiruchirapalli, and Madurai are also emerging as attractive options.

DLF drops mall proposal

DLF abandons mall plan in Chennai due to recession, seeks residential project approval.

Delhi is the most expensive city

New Delhi tops as India's most expensive city for expats, globally ranks 65th in cost of living.

Realtors use technology to boost productivity

Indian real estate firms are increasingly adopting technology and ERP solutions to enhance productivity and manage resources amidst a market slowdown.