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Jumeirah Group moves into India with Mumbai property

Breaking Travel News 26.11.2012
Jumeirah Group moves into India with Mumbai property

Jumeirah Group, the global hospitality company and a member of Dubai Holding, has signed a management agreement to operate a luxury hotel in central Mumbai, India.

Voltas puts Mumbai property in block

Money Control 31.10.2012
Delhi sees biggest spike in home prices among metros despite sales dip

Most big cities, including Delhi and Kolkata, have witnessed a sharp rise in property prices despite fewer sales in the first quarter of the current financial year ending March 2013. Brokerage Nomura attributed the price increase to limited supply.

Voltas puts Mumbai property in block

Voltas has put one of its Mumbai property in block, which could fetch approximately Rs 75 crore, reports CNBC-TV18. At 09:35 hrs Voltas was quoting at Rs 111.25, up Rs 1.45, or 1.32%.

Jones Lang LaSalle to launch new real estate fund soon

BANGALORE/MUMBAI: Property consultancy firm Jones Lang La-Salle (JLL) India has set up a new entity JLL Segregated Funds Group to raise funds to invest in the Indian real estate market, and its first fund worth . 300 crore will be launched soon in the domestic market.

Bangalore is seeing greater demand for larger properties at higher prices. A file photo of a real estate project in Bangalore. Photo: Aniruddha Chowdhury/Mint

Projects at affordable prices helped boost sales in Pune, while Bangalore saw a huge demand for high-end properties

Mumbai's leased land to attract annual rent based on ready reckoner

MUMBAI: The land properties in Mumbai city and suburbs given on long lease by the government will now be charged a new lease rent based on ready reckoner rates as and when they come for renewal. The Maharashtra cabinet gave its approval to this hike in rent rate on Tuesday. As a result of this decision the lease rents in Mumbai will go up in some cases by about 18,000 times.

The slide in Mumbai sales registrations started in June and has continued in August. Photo: HT.

Bangalore: Mumbai property sales registrations declined for the third month in a row, as developers launched fewer projects and approvals for a large number of projects are still pending.

Cinnamon Lakeside Hotel Colombo / Image via hotel-rn.com

LOS ANGELES, California - Green Globe announced re-certification of the Cinnamon Lakeside Hotel Colombo in Sri Lanka. Since the initial onsite audit two years ago, this luxury property implemented a number of improvements and has continuously demonstrated leadership in sustainable tourism and corporate social responsibility.

Industry bodies have termed the Real Estate Bill draconian

NEW DELHI: The government plans to bring unorganised property agents and brokers under the ambit of the proposed real estate regulator, imposing stringent penalties including imprisonment on those who dupe buyers or operate without a valid registration.

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