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NEW DELHI: Mahindra Lifespace Developers (MLD), the real estate arm of $4.5-billion Mahindra Group, would invest close to Rs 800 crore in its six upcoming residential projects in Mumbai, Pune, Chennai, Delhi and NCR over the next 2-3 years. With the launch of its residential project in Faridabad recently, the company entered the real estate market of North India. The real estate firm is targeting a turnover of Rs 1,000 crore in the next five years against Rs 163 crore in 2006-07. So far, ...
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It is largely the end-user segment that drives Chennai real estate market. However, the scenario is changing fast. Investors have also started taking interest in the markets and developers have also started projecting their properties as investment tools. The entry of the several financial giants in the local market of Chennai, like the Government Investment Corporation of Singapore, has resulted in rise in real estate values all across the city. Establishment of IT companies, educational ...
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Dubai is certainly a dynamic property market. Villas and townhouses are sold within a very short period of time. Developers offer rebates to investors who invest heavily and if you buy an entire floor of a building, chances are there that you will be offered discounts that will position you to achieve windfall capital gains over a period of time. However, there are some regulations; especially if you are a non resident. The first and foremost is that you must have resident visa to buy ...
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