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The real estate bust has "officially" arrived for Canadians. The Canadian Real Estate Association (CREA) has finally acknowledged that the trickle down effect from the United States has arrived. It is the first crack in the wall of denial and bluster thrown up by Canuck realtors since September last year. There will be more. What should the Canadian investor do? We haven't hit the skids quite yet, nationally, but there are plenty of signs out there - literally and figuratively. Investors ...
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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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