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NEW DELHI: Just like their bigger counterparts, southern tier II cities have also outperformed their northern peers as top residential real estate destinations, with Kochi grabbing the top spot, according to a new report by property research firm PropEquity. “Much like tier I cities, northern tier II cities are also marred by project delays, expensive […]
Read MoreMUMBAI: Piramal Realty today launched a mixed-use development project in sub-urban Thane as the company said it will continue to focus on the metropolis and adjoining areas where it sees vast scope for growth. Designed by Chicago-based architectural firm HOK, the project, Piramal Vaikunth, is spread across 32 acres, and will house 14 towers having […]
Read MoreReal estate brokerage firm Partners Trust is partnering with The Enterprise Network to provide an integrated experience that spans mobile and digital. The new platform, developed by Web design company Booj, is geared toward seller leads and aims to spur forth “a new breed of broker” by using the latest in technology and staying ahead of the […]
Read MoreDUBAI: Kuwait Projects Co (KIPCO), the country’s largest private sector investment firm, is planning a $5 billion real estate scheme on the outskirts of Kuwait City, the company’s vice chairman told a local newspaper on Sunday. The 380,000-square-metre project is planned for the al-Daiya area where several foreign embassies are located, Faisal al-Ayyar said in […]
Read MoreMUMBAI: Times Network, the broadcast arm of India’s largest media house Bennett Coleman & Co. Ltd. has announced launch of India’s first 24X7 property news channel, ‘Property Now’. The announcement was made by M K Anand, MD & CEO, Times Network at the inaugural session of FICCI’s The Big 5 Construct India 2015 held in […]
Read MoreNew Delhi: Weak housing sales and stagnant prices will pose challenge to big real estate developers over the next 12 months as their cash flows and project execution capabilities get affected, ratings agency Moody’s said. Developers will not reduce price to boost sales, rather will continue with their strategy to reduce apartment size and offer […]
Read MoreMumbai: Top industrialist Kumar Mangalam Birla has purchased the iconic Jatia House in the plush Malabar Hill area here for a whopping Rs 425 crore — making it the priciest property deal in the megapolis. The sea-facing two-story bungalow, measuring over 25,000 square feet, has been bought by the billionaire chairman of the Aditya Birla […]
Read MoreBENGALURU / KOLKATA: TCG Real Estate, a real estate arm of The Chatterjee Group, has put a software park in Chennai, on Mount Poonamali Road, Porur on the block. RMZ-Qatar Investment Authority Joint Venture is in talks to buy this asset, people with knowledge of the matter told ET. The sovereign wealth fund is backing […]
Read MoreNEW DELHI: FDI-funded realty firm Experion Developers has tied up with Milestone Ventures to develop a commercial project in Gurgaon at a cost of about Rs 175 crore. The project, spread over about 4 acres land, would have a built-up area of about 4.3 lakh sq ft. With this tie up, Gurgaon-based Experion would foray […]
Read MoreThe highest end of the market is largely driven by offshore buyers hoping to relocate their families to Vancouver, managing broker at RE/MAX Crest Realty Westside. “What we’re seeing in Calgary is that luxury buyers are not witnessing a notable decrease in prices, but there is less pressure and stress for buyers during the negotiation […]
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