The country’s office space market is experiencing a major boom with commercial real estate transactions of nearly $3 billion recorded during the last calendar year. In a series of high profile office space deals of large global investors like Blackstone, GIC of Singapore, Brookfield Asset Management, Canadian Pension Plan Investment Board and Middle East sovereign […]
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February 5, 2016 6:00 pm
Suntek Realty Firms receives funding from global investment firm- KKR
Mumbai-based premium real estate developer has announced the signing of a definitive agreement with leading global investment firm KKR for the construction of its flagship projects in the city. Under the said agreement, KKR’s investment vehicles, will provide funding up to Rs150 crore (US$22.4 million) towards the construction of Sunteck’s flagship luxury residential developments viz. […]
February 5, 2016 11:00 am
Preity’s House in Beverly Hills
Bollywood actress Preity Zinta has bought a lavish house, to spend her vacations, in Beverly Hills worth an amount of Rs.33 crores. With an exclusive view and atmosphere, the mansion is truly splendid, whether it is the outer glance or the inner interior. Preity spent almost two years to build up her dream mansion. Having […]
February 4, 2016 6:00 pm
Looking for an international property? Then IPS is where you should head!
International real estate markets are now on the radar of investors due to turmoil in global oil prices, geopolitical unrest and currency fluctuations. So, if you are one of those looking out for opportunities in property markets in UAE or other foreign lands, then you must book your calendars for the International Property Show (IPS). […]
February 4, 2016 10:30 am
Muscat to host 6th India Property Fest
After the extraordinary success of the last five editions of the India Property Fest, Adsync LLC is all set to host its flagship property show in Muscat this time. The company, which is an established property expo organizer in India, has been arranging this property fest since 2013. The sixth edition is scheduled for April […]
February 3, 2016 6:00 pm
Namma Bengaluru shouts out real estate investors
Property Consultant JLL India and Royal Institute of Chartered Surveyors (RICS) have forecasted that Indian realty market will see a revival in 2016. Bengaluru, witnessing a real increase in realty, has emerged as the second most preferred destination for investors after Mumbai. Mainly driven by private equity (PE) players, the demand for real estate is […]
February 3, 2016 10:30 am
Trump Group to construct luxury towers in Mumbai and Pune
Possible Republican nominee for US presidential elections, Donald Trump has recently spoken about India by stating how well the country is doing without being talked about. Adding further he stated, “I have big jobs going up in India” referring to the two luxury real estate projects rightly named ‘Trump Tower’ that are coming up in […]
February 2, 2016 10:30 am
Hiranandani leases 19lakh sqft to TCS at Thane
Signaling the revival of the sluggish commercial real estate sales in the city, the largest deal in the office space has just concluded between TCS and Hiranandani. Software giant Tata Consultancy Services has signed on the dotted line to pick up 19 lakh square feet for its biggest office under one roof at Hiranandani Estate […]
February 1, 2016 6:00 pm
Indian Real Estate becomes attractive for Foreign Investors after 5 years
Indian real estate market has become increasingly attractive for foreign investors after almost 5 years, as indicated by India-specific fundraisings. Talking about the improvement in foreign investors’ confidence in real estate market, Shobit Agarwal, Managing Director of Capital Markets at JLL India, said “During the pre-GFC (global financial crisis) phase, 82% of funds got raised […]
February 1, 2016 11:30 am
Sohail Khan purchases property in Dubai’s Burj Pacific project
Sohail Khan, Bollywood filmmaker and the younger brother of superstar Salman Khan, has become the latest Indian celebrity to purchase property in Dubai. Confirming the purchase of several apartments at the pre-launch event, he said, “This is a family investment. These apartments will make ideal homes when we all travel to Dubai.” The project is […]