Category Archives: Others

AMRL SEZ set to become industrial growth engine in southern Tamil Nadu

The multi-product SEZ, financed by Srei and marketed by another Srei initiative Attivo, is ready to house diverse industries, including electronics, general engineering, aerospace, auto and components, solar, renewable energy, food processing, and many more. The SEZ has the potential to generate direct employment in excess of 50,000 over the next decade, the company’s media… Read More »

Hiranandani to launch commercial tower at IFSC during Vibrant Gujarat Summit

Having commenced work on its first commercial tower in the International Financial Services Centre (IFSC) within the GIFT City in Gandhinagar, realty player Hiranandani Constructions Pvt Ltd is planning to launch the same in January 2017 during the Vibrant Gujarat Summit. The group is developing a 400,000 sq ft 16 storied commercial building, in which… Read More »

Planning to invest in real estate? Commercial or residential, which is a better bet

Commercial or residential? Which makes for a better real estate investment bet? Most of us prefer residential, but commercial has its own rewards. Experts feel commercial property ensures higher return over residentials, while giving a steady flow of income. India remains a preferred back office destination for much of the developed world. With the economy showing… Read More »

Indiabulls to raise Rs1,000 crore from NRIs for real estate fund

Indiabulls Alternative Investments Ltd plans to raise as much as Rs.1,000 crore for a new fund from non-resident Indian (NRI) investors based in West Asia, Asia-Pacific and Europe. India Opportunities Fund, a real estate-focused, alternative investment fund (AIF), allows NRI investors, along with persons of Indian origin (PIOs) and other foreign investors, to participate in domestic… Read More »

Commercial office market a bright spot for real estate sector

Steady lease rentals, high absorption levels, inadequate supply and global investor interest have breathed life into India’s commercial real estate sector, even as the country’s residential property market continues to be in a slump. Unlike the fragmented market for residential properties, a few leading developers, backed by large investors, are building Grade A (top quality) office… Read More »