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PBEL India to build 1200 cr township project in Hyderabad

Hyderabad-based real estate developer PBEL India plans to build a township in the city at a cost of Rs 1,200 crore.

Christened PBEL City, the township will comprise of 13 residential and two commercial towers. PBEL City, a joint venture between P read more »
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Luxury homes continue to dazzle on robust demand

(NewDesignWorld Press Release Center) --
Even in the midst of low sentiments haunting the real estate sector, there is one segment that is totally unfazed by it all. Luxury homes continue to dazzle in the face of robust demand and keen investor in read more »
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Greater Hyderabad is India's second largest metropolitan area

Greater Hyderabad, which has become the second largest metropolitan area in India, will be developed as a world-class city and a model metropolis in the country

said Andhra Pradesh Chief Minister Y.S. Rajasekhara Reddy Sunday.He asked officials o read more »
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Salarpuria Group investing INR 3,000 crore in across country

It is reported that real estate developer Salarpuria Group plans to invest about INR 3,000 crore in 12th to 14th projects across the country. These will be a mix of residential, commercial, retail and hospitality which are in various stages of imple read more »
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Trump launches $1b Indian hedge fund

Trump Organization USA announced plans to launch a $1 billion hedge fund to invest in Indian real estate. Donald Trump Jr.'s interest in the Indian real estate market was sparked in 2007 when he visited the subcontinent for the Cityscape real-estat read more »
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DLF to set up mega agri hub in Hyderabad

The state government on Tuesday allotted 24.5 acres of prime land at Moosapet village in Balanagar mandal of RR district to DLF Building India Ltd on a 33-year lease for setting up an integrated mega agriculture hub.

The proposed agriculture cent read more »
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Credit Suisse invests $100m in real estate in Hyderabad

In one of the largest private equity deals in the real estate sector this year, financial services major Credit Suisse has invested $100 million (about Rs 430 crore) in Hyderabad-based Indu Projects for a minority stake.

Indu Projects is a leadin read more »
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Demand slowdown hits office space market

With companies, particularly in the IT and BPO industry, holding back their expansion plans due to slowdown fears, the commercial real estate market posted a lacklustre show in the second quarter of 2008.

The June quarter saw office space demand read more »
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Gayatri Infra gets Rs 200cr funding

Australian firm AMP Capital Investors will be investing Rs 200 crore in Gayatri Infra Ventures Ltd, a fully owned subsidiary of Hyderabad-based infrastructure company Gayatri Projects Limited (GPL).

The first instalment of Rs 100 crore will give read more »
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