The Municipal Corporation of Surat (SMc) has proposed a Citizens Security Insurance Scheme (CSIS) which is a first in Gujarat. In his draft budget for the year 2016-17, Municipal commissioner of the city Milind Torwane has recommended that CSIS will be started for all property holders aged between 18 and 70. As per the scheme, […]
Property News Archive
February 8, 2016 6:00 pm
Mumbai Metropolitan Region- Preferred property market for investors
Despite being the most expensive property market in the country, Mumbai Metropolitan Region continues to be the prime market for attracting investor interest. Structured equity or debt was the preferred route of investment as the city received the major portion of private equity investments in the past year. Out of the total Rs 19,500 crore, […]
February 8, 2016 10:30 am
Investment learnings of 2015
2015 will not be remembered for the gloom it brought to the residential real estate sector but for forging a solid base for sustained future growth. Few of the notable highlights of the year gone by are as follows: FDI rule relaxation will facilitate the flow of more investment in the country with the removal […]
February 7, 2016 10:00 am
Bungalows – an ideal investment option
With beautifully crafted and lavishly furnished interiors, bungalows have been symbolizing a grand lifestyle since times immemorial. They usually comprise a single floor and cover a larger space on ground. Thanks to Hindi films, bungalows are perceived as a more attractive alternative for one’s dream home than a simple apartment in a building. In India, […]
February 6, 2016 10:00 am
Office spaces- some big ticket deals!
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 […]
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 […]