Real estate

DAMAC to invest in India DAMAC Properties, a Dubai based realty developer known for its luxury apartments, today said that it plans to invest upto USD 5 billion in the Indian realty market with a focus on developing high end apartments, townships and retail structures. http://www.149cents.com

Real estate

Post sub-prime, US realty PE funds eye Indian mkt The sub-prime market crash in the US may have shaken up the US realty PE funds, but they are finding their feet in the Indian realty market. With a booming real estate industry providing enough profitable avenues, these funds have started exploring. http://www.149cents.com

Real estate

Office space rentals in Mumbai, Delhi soar, B'lore holds steady With supply constraints showing no signs of easing, rentals of office space across India have risen in the July-September quarter of fiscal 2008. http://www.149cents.com

Real estate

Unitech lines up Rs 9,000-cr investment Unitech Ltd, the India's second largest realty firm by market value, today said it plans to invest up to Rs 9,000 crore in various projects across the country. http://www.149cents.com

Western India - A major contributor to the realty boom The realty industry is the engine of the nation's growth. Not only is it the second largest employer (next only to agriculture), but the industry as a whole is growing at a whopping 30 per cent per annum and is expected to touch USD $ 90 billion by 2015. http://www.149cents.com

Real estate

Hirco invests $198m in Mumbai township London-listed Indian property developer Hirco said on Thursday it had invested £96.6 million ($198.1 million) in a 280-acre mixed-use township development project close to Mumbai. http://www.149cents.com