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NEWS
  Bangalore based Puravankara launched its luxury project in Coimbatore.    Abu Dhabi rents may fall.    Booking of third phase of ‘ Godrej Garden City starts.    ITC to launch 600 rooms luxury hotel this year This year.    Parsvnath partners with Sun Apollo for new residential project.    Slow recovery expected in premium residential segment tial segment.   
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Investment Opportunity
Upto 70-75 million US$ in the next five years
POTENTIAL
Several factors are expected to contribute to the rapid growth in real estate
Large demand-supply gap in affordable housing, with demand being fuelled by tax incentives and a growing middle class with higher savings
Increasing demand for commercial and office space especially from the rapidly growing Retail, IT/ITeS and Hospitality sectors
The recently announced JNNURM expected to provide further impetus
Investment exist in almost every segment of the business
Housing: about 25 opportunities million new units expected to be built in 7 years

Office space for IT/ITES: 150 million sq. ft. across urban India by 2010

Commercial space for organized retailing: 220 million sq. ft. by 2010
Hotels and Hospitality: Over 100,000 new rooms in the next 5 years
Investment opportunity of over US$75 billion in the next 5 years

Major foreign institutional investors including Morgan Stanley, Goldman Sachs, Merrill Lynch, AIG, Blackstone and Calpers have invested or are in the process of investing in Indian real estate

 
 
 
 
 
 
Giving new dimension to real estate financing
 
 
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