Real Estate & Other News in India from Propertyshowrooms.com

Realty sector finds green the colour of money

Mon, 25 Aug 2008 00:00:00 GMT

While all the real estate companies say that there is a new business opportunity in green buildings arising out of climate change, a majority of the financial sector companies say that carbon trading is the biggest business opportunity. These are the initial trends emerging from the responses of ten companies from the financial sector and eight...

Hill International to Project Manage SmartCity Kochi in India

Tue, 5 Aug 2008 00:00:00 GMT

Hill International has announced it has been awarded a contract by SmartCity (Kochi) Infrastructure Private Ltd. to provide project management services for the SmartCity Kochi development in India...

Parsvnath picks up 38% stake in Nano City project

Thu, 17 Jul 2008 00:00:00 GMT

Real estate company Parsvnath Developers Ltd (PDL) on Wednesday announced that it has picked up a 38 per cent stake in Nano City Haryana Ltd, a proposed knowledge city project spread over 11,000 acres in Panchkula near Chandigarh. “We will be making an investment of Rs 400 crore as equity and debt. Parsvnath has acquired 38...

Realtors find a niche in studio apartments

Wed, 16 Jul 2008 00:00:00 GMT

Fifty-four-year old Shivani, a self-professed “not a very home person”, found her niche when she came across a 500 sq ft apartment at Goregaon Park in Pune. Shivani, a meditation teacher, is a German national married to an Indian. Her husband stays in Delhi while her calling requires her to travel overseas frequently So, she found...

India’s first solar powered housing project sold out

Mon, 14 Jul 2008 00:00:00 GMT

These may not look like conventional homes but are fitted with all the modern amenities. And a lot more. The lily pool in front of each house looks pretty but serves a more serious purpose. The breeze flowing over it cools the house on entering it through a natural draft circulation process called the chimney effect. Installed...

Servant quarters, not home for the poor

Wed, 9 Jul 2008 00:00:00 GMT

India’s largest real estate developer DLF has given a new definition to housing for the Economically Weaker Section (EWS). A senior company executive recently proposed to the urban development minister Jaipal Reddy (and was promptly snubbed) that servant quarters attached to high-end apartments should be counted as the developer’s contribution towards EWS, according to a...

Realtors offer promising career to B-school grads

Thu, 3 Jul 2008 00:00:00 GMT

Real estate developers like Lodha, DLF, Unitech and Raheja have begun ramping up their presence in B-school campuses in the last two years in a move to have a more professional image. The move coincides with the growing interest of B-school graduates in the real estate sector. Says Prakash Saxena (name changed), a 2008 IIM-C...