Consultation India - Pune, Mumbai Real Estate/ Properties Investment, Property Management Services

Source: Business Standard SIDDHARTH ZARABI New Delhi, 18 May S etting a new benchmark for apartments in the super-luxury segment in the national capital region, a local developer is offering 7,672 square feet of super area at a basic prices ranging between Rs 13,500 and Rs 14,750 per square foot (sq ft), the highest in the region. The property is attracting keen interest in the market and analysts said it indicates the market for luxury properties remains strong as ever. The 240-apartment property is being developed by Ambience Infrastructure Pvt. Ltd, a company promoted by Raj Singh Gehlot. Located 800 metres from the toll gate on the Delhi-Jaipur expressway of national highway 8, the 150-acre site borders the vast Rajokri greens. The smallest apartment in the Ambience project - The Caitriona - has a basic sale price of Rs 9 crore, while the largest carries a basic tag of Rs 11.31 crore. There are others charges that buyers have to bear: for preferential location, an open terrace with...

Source: The Economic Times Co Also In Talks With Canada's Four Seasons & France's Accor To Set Up Hotels Chaitali Chakravarty & Boby Kurian NEW DELHI/BANGALORE I N WHAT could be mark the beginning of Reliance Industries' foray into real estate and hospitality, the Indian conglomerate has sealed a Si-billion joint venture with the New York Stock Exchange-listed Vornado Realty Trust to set up a real estate fund that will develop a network of mega malls and highway shopping centres in India, not just for Reliance Retail (RRL) but also for others. Reliance is also in talks with the Canada-based Four Seasons Hotels and French group Accor to set up hotels at some of its properties in Mumbai and Ahmedabad. The RRL spokesperson, however, declined to comment. The joint venture with Vornado (ET reported about the two being in exploratory talks in February) is Reliance's fifth global partnership in three months�the other four being with Marks & Spencer, Vision Express,...

Source: Hindustan Times Hussain Sajwani, founder and chairman, DAMAC Holding speaks to Nuzhat Aziz on DAMAC's recent venture in India and the investment opportunities in Dubai DAMAC Properties has recently tied up with 60 agents in India across metros and tier I cities. What is going to be the strategy and how will DAMAC sell regional properties to the Indian investors? India is one of the fastest growing markets in the world. The purchasing power has also gone up accordingly If you look at the recent developments with regard to real estate industry alone in India, the picture is quite positive and that has also grown due to the buying power of the consumers in India. We are currently in the feasibility study stage and will share more details as things unfold. Are there any particular cities that DAMAC will focus on? Which are they and why? We are currently looking at Tier 1 and Tier 2 cities. We are in the evaluation phase. However, we feel that the growth is more or less uniform ...

Source: The Times of India Taking a lifestyle plunge in your swimming pool on the 40th floor brings the ultimate outdoors, indoors . What does it take to make this aquatic statement? reports What makes the exclusive penthouse a coveted segment of premium real estate? Several things. It could be a rooftop terrace or a private clubhouse or your very own swimming pool in your high rise pad. "It translates into a lifestyle experience with the added advantage of privacy," says Vinod Thakkar, CEO of real estate Square Feet "A swimming pool at ground level puts every swimmer vulnerable to peeping toms. A pool on the terrace is off-limits to anyone looking out the windows," he explains. Putting another spin to it is real estate professional Sunil Bajaj. "In space starved Mumbai, real estate requirements at times can be quite complicated. You need to have maximum open space on ground level for car parking, this means you have to move the garden and swimming pool 'up...

Source: The Hindu Business Line Our Bureau Pune, May 1 While two townships are already under construction in Pune, the third Metropolis, a 150-acre township is also taking shape. The township is coming up at phase III of Hin-jewadi where Blue Ridge township, a Paranjape Scheme, is also getting ready. Pegasus Properties, a joint venture between Avinash Bho-sale Group and Kumar Properties, has announced the launch of Megapolis at an investment of Rs 1,400 crore . Talking to presspersons, Mr Manish Jain, Joint Managing Director, Kumar Properties, and Mr Amit Bhosale, Director, Pegasus Properties Pvt Ltd, said the property is under construction and would be completed in the next five years. PROJECT DETAILS Mr Jain said the township would have 58 high rise towers with 21 storeys each. The options would include studios, one to five BHK (bedroom hall kitchen), and senior citizen blocks. He said the phase I, which was launched on Tuesday, would give the consumers the options of two, 2.5 and th...