Property Latest News

All Property News
• Trikona TC extends its partnership with German fund manager
• Pantaloon Retail Launches Big Bazaar in Ranchi
• BuildArch 2008 and Build Up 2008 Announced in Mumbai
• Parsvnath Developers appoints Sunil Malhotra as CFO
• Indiabulls Power Generation awarded LoI for Chhatisgarh power project
• REITs To Grow Globally At US$ 1400 Bln.: ASSOCHAM-CRISIL
• Builders protest against steep hike in steel prices
• TCS launches development of new 20,000-seat campus in Pune
Commercial
• TCS launches development of new 20,000-seat campus in Pune
• Progress on leasing and sales shows robust demand for Ishaan's real estate portfolio
• BT sets up Global Operations Centre in Gurgaon, India
• Kerala CM to inaugurate L&T Tech Park at Kochi
• Hiranandani Group announce Multiservices SEZ in Hyderabad
• Lanco Hills gives order for construction to Sembawang Infra
• Omaxe to develop township in Naya Raipur, Chhatisgarh
• Bhiwadi industrial cluster attracts 3 brand new project

FDI Investment
• Trikona TC extends its partnership with German fund manager
• REITs To Grow Globally At US$ 1400 Bln.: ASSOCHAM-CRISIL
• Construction starts on Eredene Capital’s low-income mass housing project near Mumbai
• UK wants to be a genuine partner in developing India's Infrastructure
• Deutsche Bank arm makes $70 mn Indian real estate investment
• KNR Const IPO opens on Jan 24, price band Rs 170-180/share
• Emaar MGF Land Limited IPO opens on February 01, 2008
• India invites UK investment in infrastructure
Housing Finance
• Allahabad Bank cuts lending rate by 25 bps
• LIC Housing Finance launches reverse mortgage for senior citizens
• Bank of Baroda slashes BPLR by 50 bps
• Home loan interest rates to come down
• Average home buyers age in India comes down by 20 years
• Home loans now slightly cheaper
• SBI launches SBI Reverse Mortgage Loan
• RBI’s Monetary Policy Inimical To Real Estate: ASSOCHAM

Infrastructure
• Nagarjuna Construction - NCC Infra & Maytas Infra to develop Gulbarga and Shimoga airports
• Era Infra secures construction orders
• Era Infra secures construction orders
• Era Infra secures construction orders
• IFC establishes Infrastructure Advisory Facility
• GMR Infrastructure - DIAL ties up with Indraprastha Apollo Hospital for medical facilities at Delhi Airport
• GMR Infrastructure - GHIAL gets clearance to commence operations at Hyderabad Intl Airport
• Goldstone Infratech enters solar energy sector
Policy
• Builders protest against steep hike in steel prices
• Additional FSI for hospitals will bring down healthcare cost in Tamil Nadu
• Haryana Chief Minister sees 2-3 more Gurgaons on the anvil
• SEBI proposes draft regulations for REITS for public comments
• Improved Financial Management of Urban Local Bodies Critical for Growth: World Bank
• NATCON 2008 emphasises need for affordable housing
• EOU/SEZ sector accelerates economic growth: Minister
• 40 Mln. Low-Cost Houses & 500 Health Centres Needed For Urban Poor

Retail
• Pantaloon Retail Launches Big Bazaar in Ranchi
• Raheja Developers performs Bhoomi Pujan for expo mall in Panipat, Haryana
• @home opens in Coimbatore
• Vodafone launches 34th Vodafone store in Mumbai
• Godrej Agrovet, Future Ventures form JV for rural retailing
• Roca opens 50th brand store in India in Chennai
• Subhiksha Mobile crosses 50-store mark in Hyderabad
• Satra Properties acquires retail property in Jodhpur
SEZ
• Progress on leasing and sales shows robust demand for Ishaan's real estate portfolio
• Hiranandani Group announce Multiservices SEZ in Hyderabad
• Lanco Hills gives order for construction to Sembawang Infra
• Bhiwadi industrial cluster attracts 3 brand new project
• Unitech consortium company gets 12,500 acres of land in West Bengal for Chemical SEZ
• Unitech consortium company gets 12,500 acres of land in West Bengal for Chemical SEZ
• Mahindra Lifespace to develop Sri Lanka SEZ
• MARG unveils plans for new city - “MARG Swarnabhoomi