Vardhaman Developers to invest Rs 400 cr in jewellery malls

Vardhaman Developers, which are set to launch Mumbai's first jewellery mall Jewel World, will build four more such malls with an investment of over Rs 400 crore, a top company official said.

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India's 1st Real Estate TV launched

Real Estate Television, India's first 24x7 channel dedicated to Real Estate and Infrastructure, is now available in all metros and major cities across the country.

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Reality market expected to grow to $102 bn in next 10 yrs

The chamber estimates that nearly 30 million sq ft of organised retail space is currently available, while another 90 million sq ft is likely to be added by 2008, with over 265 planned mall projects.

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Parsvnath, Ansal API are firming plans for luxury malls

After DLF and UB Group’s foray into the luxury retail segment, other players such as Parsvnath, Ansal API and MBD Group are firming up plans for niche luxury malls in metro cities.

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India's retail realty beckons Israeli giants

Israeli mall giants, which own many prime retail-linked realty assets across the world, are buying into India’s big buck retail story. Tel Aviv-based mall giant Gazit Globe has tied up with one of the HDFC funds to pump in $150 million into developing assets, including supermarket anchored retail play.

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Mumbai developers in favour of office space

Real estate developers like Indiabulls, DLF, Peninsula and even retail giant Future group are all considering converting space reserved for malls and hyper-markets to office space to meet heavy demand from financial institutions, investment banks and larg

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Airport upgrade to open up mega retail space

The Mumbai airport’s upgradation will open up a humungous 5.7 crore sq ft or about 132 acres of real estate (almost seven Oval maidans), exclusively for non-aeronautical purposes like retail, commercial and hospitality. The area is mainly around Sahar village, Kurla and Kalina.

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Developers focus on Mall-Hotels

The model goes like this - retail outlets on the first two floors, upper floors are eatery - the hotel comes up on the top floors.Developers in not only tier-I cities, but also in tier-II and tier-III cities are going all ga-ga over malls-hotels.

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