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Sunday, June 17, 2007

India Property 2007 Show

To attract the foreign investment from NRIs and other investors the eighth India property 2007 show since 2002 which is organised by the official body of the Indian real Estate industry, the Confederation of Real Estate Developers Association of India (CREDAI), and Maharashtra Chamber of Housing Industry (MCHI) has opened on Thursday at at Renaissance Dubai Hotel ,Dubai.

The India Property 2007 show will also be held in London ,at Olympia Conference Centre from July 20 –22, 2007.

Real estate India’s huge growth potential and Indian economy boom makes India Global destination for world's top construction companies, architectural firms and allied industries.

The interest in investment in Indian realty is going on increasing .

This property show will provide an interaction between NRIs ,realty investors and developers by providing the information regarding the types of properties available, loan options and other formalities required, in finally procuring their property back home.

Tuesday, June 12, 2007

Yatra Capital unit buys Eredene Mauritius

The Yatra Capital Ltd’s unit K2 Property Ltd has bought Eredene Mauritius Ltd. Eredene Mauritius Ltd was owned by Eredene Capital PLC. The deal was done for for 18.07 mln eur.

The company revealed that the they will complete high quality real estate India projects .

The company will make investment in India property by developing a five star hotel and service apartments in Bangalore with a 50 pct stake.

Property investment in real estate India projects by the the yatra group worth 51.58 mln eur which represents 51.58 pct of the 100 mln eur gross funds it raised when it listed in December last year.

Recently, the company has acquired a 49 pct stake in a real estate joint venture development company in India for 21.6 mln eur.

Thursday, June 7, 2007

India Property Show-2007

The Indian real estate properties are the hot properties for investors from all over the world. The foreign investors are looking a bright future by making a property investment in India.


Indian booming economy, increasing tourism and ever-improving infrastructure are the factors which favors the investment in India.

The India Property 2007 show will be held in Dubai and London in late July to promote investment in the India.


The Confederation of Real Estate Developers Association of India (CREDAI) and Maharashtra Chamber of Housing Industry (MCHI), the official body of the Indian Real Estate Industry are going to organize this exhibition which will be held at Dubai, Renaissance Dubai Hotel from June 14 – 16, 2007 and London, Olympia Conference Centre from July 20 – 22, 2007.

The show will explore the huge opportunities in residential housing or commercial buildings or plots and bungalow, from the booming Indian real estate industry.

Tuesday, June 5, 2007

L&T to invest Rs 8,000 cr in real estate projects

The increasing demand of residential and commercial projects in India gave the idea to Larsen & Toubro Ltd to invest Rs.8,000 crore in real estate India.


The Mumbai based Larsen & Toubro will make this investment through its its subsidiary L&T Infrastructure Development Project Ltd (L&T-IDPL).

The company will invest the budget in a phased manner. The residential projects are in the process of developing in Chennai, Vishakapatnam and Colombo.

An integrated township will be developed in Chandigarh with the collaboration of a local builder.Land has been acquired by the company in Nagpur to develop a residential projects.

L&T IDPL is working with Bombay Dyeing to complete its first project of redeveloping a dilapidated building in Mumbai.

Sunday, June 3, 2007

Emaar to invest billions in India

Emaar Properties in collaboration with MGF Developments is planning to invest in India more than $12 billion over the next four to five years.

Out of the total investment $3bn-4bn will be invested from foreign direct investment.

The alliance will make investments to bring real estate to global standards in residential, hospitality, commercial and retail properties, education, healthcare, information technology parks and special economic zones across the country.

The Indian government is expecting to attract $30bn in foreign direct investment in the 2007/08 financial year and the property sector will draw more than $3bn.

The increasing demand of shopping malls ,houses and offices doubled the property prices in India in last two years .