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INRnews.com - news and views on Real Estate / Property in India
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Last Update: Sun Dec 3 11:09:27 2006

- Accor to develop hotels in India | INRnews - New Delhi, November 30, 2006 : As part of its global development strategy aiming at opening 200,000 new hotel rooms by [...] including budget Formule 1 hotels, economy Ibis hotels, mid-market Novotel hotels and upper-upscale Sofitel properties.

- Old Mutual in large retail leasing deals in India | INRnews - Mumbai, November 19, 2006 : Two large retail leasing deals have been signed in India by Pioneer Property Zone, a joint [...] for a luxury mixed-use development in Bangalore. The leases cover a combined 50,000 square meters for both projects.

- Mumbai commercial real estate see strong appreciation | INRnews - Mumbai, November 17, 2006 : Mumbai's commercial real estate market has appreciated considerably over the last one [...] ago. In the suburban Bandra Kurla complex, rentals are up by 132% and capital values are up by 115% over a year.

- Mumbai real estate market at a high | INRnews - Mumbai, November 17, 2006 : With demand clearly in excess of supply, the Mumbai real estate market has reached [...] Bandra Kurla, Andheri (E), Andheri (W), Malad and Powai. Capital values are up between 30% to 40% over a year ago.

- India's retail revolution begins | INRnews - Hyderabad, November 15, 2006 - If India's much anticipated retail revolution has a start date, it could well be the [...] what will be a keenly contested battle to win a huge prize - nothing less than the wallets of Indian consumers!

- Maharashtra cabinet approves draft housing policy | INRnews - Mumbai, November 03, 2006 : Maharashtra Chief Minister Vilasrao Deshmukh announced on Tuesday a draft housing policy [...] from the public for the next sixty days and the government plans to implement the final policy in January next year.

- Presidential apartments - the new symbol of prestige in India | INRnews - Bangalore, October 19, 2006 :  A new phrase - "Presidential Apartment" - is fast entering the lexicon of real [...] facility that could be required such as a gym, swimming pool, security and CCTV, children's play areas.

- Ahmedabad - Mumbai in five hours by road | INRNews - Ahmedabad, October 15, 2006 : If everything goes well with the Union Government plan, within three years one will be [...] five hours by road. This was indicated by Minister of State for Shipping Road Transport and Highways, K.H. Muniyappa.

- Trinity Capital PLC to invest £11.6 million in Mumbai residential project with Lokhandwala - October 12, 2006 : Trinity Capital PLC announced that the asset manager of its Fund, Trikona Capital [...] project in Mumbai. Trinity has acquired 49% of the equity in this venture for a consideration of £11.6 million.

- Mahindra Gesco closes US$ 105 million QIP issuance - Mumbai, October 6, 2006 :  Mahindra Gesco Developers Limited (MGDL), one of the leading real estate and ...

- New hotels planned for Mumbai - Mumbai, October 6, 2006: A number of new hotels are planned for Mumbai to cater to the increasing demand from both ...

- Office rentals in Bandra Kurla complex hit a high - Mumbai, October 5, 2006: So high is the demand for office space in the Bandra Kurla complex that new tenants are [...] a year ago. Space in Bandra Kurla rents for Rs.250 per sq.ft and this could touch as high as Rs.300 per sq.ft soon.

- Mumbai residential real estate prices stabilise in the second quarter - Mumbai, October 3, 2006: According to real estate services firm Colliers International, the premium residential market ...

- Bombay Dyeing to develop prime real estate in Dadar, Mumbai - Mumbai, September 30, 2006: The Wadias of Bombay Dyeing are to develop the 35-acre Spring Mills site in Dadar [...] in Mumbai city that is available for redevelopment after a supreme court ruling to this effect earlier in the year.

- Nirlon to develop real estate assets worth Rs. 1,000 crore in Mumbai - Mumbai, September 25, 2006: Multi-product company Nirlon is making a real estate play that has driven up its share [...] Goregaon near Mumbai occupied by its tyre cord plant. The developed asset is likely to be valued at Rs. 1,000 crores.

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