Realty IPOs await a game changer move
Once a happy hunting ground, real estate sector has suddenly woken up to the reality that raising money through Initial Public Offerings (IPOs) is getting harder with investors being lot more discerning today.
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Mumbai real estate market – 2012 forecast
With the market set to bottom by out by the second quarter of 2012, we will see the beginning of a recovery in the city’s residential real estate fortunes by the second half of the year.
Hyatt Introduces Hyatt House in India with agreement for hotel in Mumbai
Hyatt Hotels Corporation has introduced its new Hyatt House extended-stay brand in India, with the signing of a management agreement by a Hyatt affiliate for a hotel in Mumbai.
2012 promises the year to get real
One of the biggest problems afflicting the sector is its high level of debt. The debt load of 11 listed real estate companies stands at Rs.38,500 crore.
DLF’s KP Singh and Anil Ambani out of top 10 in Forbes list
While the real estate market looks subdued with the sector weathering a host of issues, this is not a good news either. DLF’s Chairman K P Singh is out of the top ten list of Forbes.
A different Diwali with strategy shift for realty sector
The festival of Diwali has a direct bearing on the property market, and irrespective of the overall macro economic scenario the property transactions around this time of the year have been the maximum.
Mumbai the costliest property market with least property deals
Mumbai continues to be the costliest property market in India but the sales graph show this price rise has started taking its toll on the sales figure.
Regus to invests into flexible workspace in India
Regus, provider of flexible workplaces, is set to make major investments to capitalise on the accelerating global trend toward flexible working.
Rustomjee partners with Don Bosco for imparting vocational training to underprivileged
As part of Rustomjee Group of School’s efforts to invest in human capital for sustainable economic development, RAGC has joined hands with Don Bosco’s St. Joseph’s Industrial Training Institute to impart vocational training.
Magicbricks.com launches PropIndex
The India Apartment Index rose 3% during April-June 2011 quarter compared to the previous quarter, the “PropIndex, the India Apartment Index”, launched by Magicbricks.com, rated as India’s No. 1 property portal showed.