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An Introductory Guide to Home Loans
Dreaming of buying property abroad?
Real Estate learning for beginners
Home Loans: Realize your dream of owning a house
Arizona - A host of mortgage companies catering to all
your loan requirements
Finding the best real estate agent
Real Estate Investment Loans
Making money from Real Estate
Make A Smart Investment By Selling Your Land
Understanding Negative Amortization and Your Mortgage
The History of Seal Beach California
"Real Estate Investment Breakthrough: Cash Flow Industry
Is Climbing!"
Real Estate Investment: A Way To Secure Your Future
Home Loans 101: Preparing Yourself for Closing Costs
Real Estate Market Stabilizes
A Closer Look at Gated Communities in the USA
Buyer Agents vs Seller Agents: What's the difference and
should I care?
Buying a Home: Just the Facts
Are Outbound Links Useful to Realtor Web Sites?
Find Oregon's Premier Real Estate Agents with New Online
Real Estate Directory
Find Oklahoma's Premier Real Estate Agents with New Online
Real Estate Directory
Partnering: with Money or Without
Real Estate Now Equal With Hogs
Financing a new home in Chicago
What is TimeShare?
Seven secrets: converting real estate leads into clients
What To Consider When Buying A Timeshare
Adverse Credit Mortgages
Mortgage Refinancing Guide
Selecting Large Trees In Central Bucks County, PA ?
Planting A Large Tree In Central Bucks County, PA ?
Plan to Build your Dream House
Offer To Purchase - Clauses You Need
Heavy UAE investment in Indian realty
When is it the right time to sell?
Did You Do Your Due Diligence?
Getting Into The Real Estate Business
The Best Get Rich in Real Estate Idea I Have Ever Seen
How To Qualify For A Mortgage
How to Get Cash Back When You Buy a Home
Don't Buy A New Home!
New home-buyers taken in by show-home sales tricks
Valuable Real Estate Purchasing Tips
Types of listings for selling a home as is
Blockbuster deals dot realty space
Is Cashing Out Your Equity too Costly?
Understanding The Real Estate Inflation Game
Residential realty index on anvil
The
Meaning Of A Credit Score
Underground House Floor Plan | The Hippie Experiment
No Closing Cost Mortgage Advertising Is A
Lie!
Mortgage mates, property pals and home buying friends
Things to See and Do While Enjoying Life in the Costa Maya
Investment Group or Clubs: The new way to invest in real
estate
Exciting Investments in the Florida Property Marketplace
In A Rush To Buy? Don't Skip The Home Inspection
UK Land for Sale Market - Get Perfect Bang for your Buck
London is gearing up for Land Prices Boom
Is It Time To Move On: Evaluating Your Tempe Home
Giving Your Tempe Home a Shot in the Arm
Overseas Property Investment - A Market To Target Triple
Digit Annual Gains
How to Retire in Mexico
A Step by Step Guide to Buying Land in Mexico
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Blockbuster
deals dot realty space
by property vertical
NEW DELHI: The real estate mart has seen 11
major land transactions in the last one year
crossing Rs 6,000 crore. Whether it is DDA's
recent auction of 61 plots for Rs 188 crore --
way higher than the reserve price of Rs 70 crore,
or the largest ever land deal --Unitech's Rs
1,583 crore bid for 340 acres in Noida, it is
action time in realty with more expected in
future, say market watchers.
Unitech's Rs 1,583 crore bid for a city
development contract on Noida Expressway remains
the leader among all land transactions. The
record deal saw Unitech pipping DLF which had
bid Rs 1,401 crore for the land.
The previous recordholder for the biggest
ever land deal was Reliance Industries, which a
7.5 acre plot acquired in Mumbai's Bandra Kurla
complex for Rs 1,104 crore. Struck in January
this year, the deal saw Mukesh Ambani outbidding
DLF, Gammon India, Emaar MGF and Anil Ambani's
Reliance ADA Group, then ADAE.
In August, Delhi Development Authority raised
Rs 188 crore from the auction of 61 residential
plots in six locations, way higher than the
reserve price of Rs 70 crore.
Mumbai has been the hotbed of action in the
real estate market. Earlier this year, the
Supreme Court had ruled in favour of sale and
development of 600 acre belonging to sick
textile mills in the city. Some of those mill
transactions make the cut for the major deals in
the last one year or so.
Among these are Lodha Builders' Rs 180
crore-bid for Apollo Mills and DLF's Rs
702-crore purchase of Mumbai Textile Mills,
Matoshree Realtors and Kohinoor Group's joint
bid of Rs 421 crore for Kohinoor Mills --all in
June last year and IndiaBulls' Rs 441-crore bid
for Elphinstone Mills in July last year.
Other major deals include Parsvnath
Developers clinching 123-acre in Chandigarh for
Rs 821 crore in June this year, Oberoi
Constructions' Rs 221 crore bid for the 23-acre
Glaxo plot in Mulund, Mumbai, Kshitij Ventures'
Rs 221 crore purchase of a 25-acre Kurla plant
and Rs 209-crore purchase of a 6-acre plot in
Kolkata by Emaar MGF.
"Indian property sector is witnessing
heightened activity as a result of higher real
estate prices and a genuine improvement in the
underlying demand conditions," according to a
CLSA Asia-Pacific markets report.
About the Author
Acquire information on Real Estate at
http://www.propertyvertical.com
For information on Real Estate Property in
Delhi, Gurgaon and surrounding areas Visit
http://www.propertyvertical.com/delhi
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