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Delhis top developers are in the fray for the management of MCDs proposed civic centre on Jawaharlal Nehru Marg near Connaught Place. Construction agency IJM Corporation Berhad of Malaysia and architect Shiriesh Malparia & Associates . - [Read more]

Indian real estate giant DLF Ltd. reached Rs 1600 crore deal on Thursday to buy DCM Shriram Consolidated (DSCL) mill land. The deal will give DLF the access to about 38 acres of prime land in Najafgarh in West Delhi. - [Read more]

Bangalores Real Estate Bank International (REBI) has ambitious plans to reach out to overseas markets with an investment of Rs. 250 million. Offices in Sri Lanka, US, UAE, Singapore, Malaysia and Australia will enable real estate services to reach out to non-resident Indians. - [Read more]

In the current scenario of high interest rates and uncertain real estate market conditions, consultants Jones Lang LaSalle Meghraj have recommended the best locations for investment in Indias metros. - [Read more]

Small realty companies are being absorbed by the bigger players in the industry. DLF is one such company which is buying up the land banks of smaller firms. The companys sources confirmed that requests from several small realty firms had been received and their proposals are being considered. - [Read more]

Mega-townships are enjoying the patronage of private developers and investors, and state governments are also actively promoting these self-contained zones. Recently, the Karnataka Government approved 11 integrated townships in Bangalore at an investment of Rs.25, 000 crore. - [Read more]

The National Institute of Public Finance and Policy (NIPFP) has released the draft of the India Urban Report, bringing to light issues affecting urban Indian settlements. - [Read more]

Building India is the spirit the realty giant DLF lives by its latest acquisition is a stretch of 25 acres in Hyderabad for Rs.452 crore in an auction sale to develop an IT Park. The company is understood to have made a part payment of 30% to the state authority. - [Read more]

With a credit squeeze facing global investors, foreign investment in Indian real estate may not be so forthcoming, according to some investors. Raising capital for real estate projects could now be an uphill task for foreign investors. - [Read more]