UK-based real estate developer Dandara is looking at Indian corporates and business community to invest in properties being developed by the firm in London, Manchester and Glasgow.
The attractive scheme offered by Dandara ensures that an Indian buys a new flat at Rs 20 lakh only and the remaining cost of the flat is recovered through leasing out the property over 15 years.
Dandara has already signed 67 such deals with Indians based in Mumbai, Bangalore, New Delhi and other big cities. Out of this, 27 deals have been signed with different corporates and executives.
More : business-standard.com
Send an E-Mail for Delhi Property Enquiry!
Related News from Delhi
Home truth No 1: Your dream home is waiting for you... only, its price might have more zeroes than you thought. The recent sale of a bungalow on Man Singh Road, for instance, netted around Rs 150 crore -- the highest in Delhi. "Dress-tag conscious people always prefer posh colonies over suburban ones due to their central location, peaceful ambience and proximity to clubs, bureaucratic colonies, government offices and good schools. Also, easy accessibility to the domestic and international airports and good infrastructural facilities make them a preferred location," says the spokesperson for real estate service firm Cushman and Wakefield.
Lehman Brothers Holdings Inc.s bankruptcy filing may delay the sale of about $30 billion of commercial real estate assets at a time when property values are eroding, leaving less on the table for creditors.
Lehman has ``$30 billion worth of real estate, which probably isnt worth $30 billion, said Jeffrey Baker, executive managing director of real estate broker Savills LLC in New York. ``Going through a bankruptcy process, the assets are going to be liquidated, and they will be liquidated at market pricing.
Lehman was scrambling until just before it sought bankruptcy protection on Sept. 15 to sell the real
Indian Real-estate appreciation will depend upon location
Real-estate price of India is going up. But the escalation in prices is not linear. Not all real estate is going up in prices equally. The trick in buying real estate in India is in buying a property (especially land) at a price next to nothing when it is in remote area and very few developers eying on the same. If you are not able to do that then do not invest when a developer build apartments or shopping complex or homes in the remote areas. The reason is after the builder is done
NEW DELHI, MAR 7: The real estate boom was changing the way Indians live is old news. The latest is that it has started generating interest from buyers overseas.
With more than a dozen Indian property exhibitions lined up across the world this year, for the first time, Indian real estate is truly going global.
An Indian property exhibition has now become part of the annual events calendar of cities like Singapore, Dubai, New Jersey, Los Angeles, Toronto, London, San Francisco, Hong Kong and Muscat. The Home Owner Dubai exhibition, for instance, held an exclusive Home Owner India event
Its been a bad year for property tycoon Kushal Pal Singh with shares in his firm DLF, Indias largest developer, diving 80 percent since January amid global economic turmoil.
Singh, who owns 88 percent of DLF, has lost 39 billion dollars in the share rout, leaving him with 7.8 billion dollars, according to the Forbes rich list.
His woes reflect a wider malaise gripping Indias once-booming real estate market that drew a host of international investors including private equity giant Blackstone, investment bank Goldman Sachs and General Electric.
More : google.com
