Red Fort Capital in talks with 6 developers for Rs 4,000 crore projects across India
Yatra Capital Ltd invests $7 million for a 40% stake in a Kolkata hotel project, emphasizing growth in the hospitality sector and aiming for diversified returns.
Uttorayon township in Siliguri, a collaborative project, has completed two phases and is set for a 2011 completion. The project includes hotels, a hospital, and a mall, with most flats already sold.
Calcutta property prices may increase by up to 15% as developers face rising costs; however, demand slowdown may limit immediate price hikes.
Ruchi Realty launches ₹450cr luxury apartment project in Kolkata with sports-based residential condominium
Inox Leisure to expand in Eastern India with 18 multiplexes, 67 screens, and an investment of over ₹100 crores
Royal Palms India plans significant hotel expansion across Mumbai, Hyderabad, and Kolkata with ₹2,400 crore investment
Kolkata developer Siddha Group launches luxury studio apartments project in Rajarhat New Town
Indian real estate market to grow 35-40% in next two years, attracting $12 billion in PE investments from players like Blackstone and Deutsche Bank.
Sistema, a Russian conglomerate, plans to invest up to $200 million in Indian commercial real estate and hospitality projects by year-end, focusing on office spaces and hotels in major metros.
Unitech Ltd is set to launch 1,200 sq ft homes in Greater Noida, while also developing the NKID project near Kolkata in collaboration with Salim Group and Universal Success.
St Xavier’s College in collaboration with CREDAI plans to launch a one-year postgraduate diploma in real estate management to meet growing demand.
The Kolkata real estate market faces stagnation in the residential segment, with ongoing price stability despite an increase in construction costs and delayed project launches.
Salarpuria Group plans to invest Rs 1,000 crore in West Bengal by 2010, including a Novotel Hotel and two IT SEZs, with significant backing from the Central government.
Emaar MGF and Marriott International Inc. partner for four hotels in India, totaling 912 rooms and a $400 million investment, slated for completion by 2010.
Unitech, Indiabulls, and DLF postpone REIT listings on SGX due to market conditions, opting for private placements and domestic funding.
Far East Organization, Singapore's largest private property developer, is exploring opportunities to enter India's real estate market, focusing on hospitality and luxury services.
Ahmedabad's real estate market is booming, with property prices doubling in two years, attracting investors like NRIs. Increased demand due to new companies and town planning has fueled this rapid growth.