Press Esc to close
Tuesday 21 February 2017
News updated at 2:24 AM IST
Weather
Max: 31.8°C
Min : 16.8°C
In Bengaluru
clear sky

Singapore realtor forays into India home segment

Bangalore, Oct 8, 2013, DHNS
The home segment space in the city continues to hold promise for new players, as indicated by the entry of Singapore-based realty firm Raffles Residency entering India with its first India project, in Bangalore.

The Rs 365-crore, 15-acre land, luxury home project “Raffles Park” comprising 61 villas and slated to be completed by 2015 was announced on Tuesday by the the joint promoter of Raffles Residency, Iqbal Jumabhoy.

“We are confident of strong interest among buyers, especially non-resident Indians (NRIs) and IT professionals,” he said.

A report released recently by real estate consultancy firm Knight Frank said that the Bangalore market grew 22 per cent during the period January to June 2013 compared to the same period last year, apart from attracting fair amount of private equity investment.

Besides, the report said that price appreciation of around 8 to 13 per cent during April to June 2013 augurs well from an investment perspective.

 

Go to Top

Photo Gallery
Team India A during a practice session...

Team India A during a practice session...

Irate mob torched Melchhamunda police station in Bargarh district...

Irate mob torched Melchhamunda police station in Bargarh district...

People from Maharashtra celebrate Chhatrapati Shivaji...

People from Maharashtra celebrate Chhatrapati Shivaji...

A boy takes a selfie with Pope Francis, during a visit to the parish of Santa Maria...

A boy takes a selfie with Pope Francis, during a visit to the parish of Santa Maria...

Bollywood Actor Siddharth Malhotra with social Activist Smita Thackeray during...

Bollywood Actor Siddharth Malhotra with social Activist Smita Thackeray during...

Actor Mammootty speaking in solidarity with the actress, who was....

Actor Mammootty speaking in solidarity with the actress, who was....

Vice President Hamid Ansari pose with children during....

Vice President Hamid Ansari pose with children during....

Theater Person Lakshmi Chandrashekar in an interview to Prajavani Metro for ' Naa Kanda...

Theater Person Lakshmi Chandrashekar in an interview to Prajavani Metro for ' Naa Kanda...

A n aircraft take off in a backdrop of sun set on the last day of the 11th biennial edition...

A n aircraft take off in a backdrop of sun set on the last day of the 11th biennial edition...

A Truck caught fire , at Road in Tinsukia, Assam on Saturday...

A Truck caught fire , at Road in Tinsukia, Assam on Saturday...

Like us on Facebook

Copyright 2017, The Printers (Mysore) Private Ltd., 75, M.G Road, Post Box 5331, Bengaluru - 560001
Tel: +91 (80) 25880000 Fax No. +91 (80) 25880523