You are on page 1of 8

REAL ESTATE IN INDIA

MEMBERS
HARSHIT GANDHI DVYA JAIN SHREYA PORWAL MARIYAM HUSSAIN DEVYANI SHAH AKSHAY KOTHARI - 11 - 16 - 36 - 14 - 43 - 27

ACKNOWLEDGEMENT
We would like to thank Mr.Kirtan Shah for giving this topic as our project assignment. We would also like to thank the library of Jai Hind College, Churchgate for its support by providing us the books related to REAL ESTATE.

Meaning : "Property consisting of land and the buildings on it, along with its natural resources such as crops, minerals, or water; immovable property of this nature; an interest vested in this; (also) an item of real property; (more generally) buildings or housing in general. Also: the business of real estate; the profession of buying, selling, or renting land, buildings, or housing.

WHY TO INVEST IN REAL ESTATE

1. HIGHER RETURNS IN LONG RUN 2. LESS VOLATILE DURING RECESSION 3. TAX BENEFIT FOR THE SAME YEAR 4. ASSURED RETURNS 5. BETTER ASSEST TO DEAL

FACTORS AFFECT REAL ESTATE

INTEREST RATES GOVERNAMENT POLICIES TAXATION RAW MATERIALS INFLATION DEMOGRAPHY

DLF LIMITED DLF Limited (BSE: 532868), (NSE: DLF) is India's biggest real estate developer. The DLF Group was founded by Raghuvendra Singh in 1946 and is based in New Delhi, India. DLF developed residential colonies in Delhi such as Shivaji Park (their first development), Rajouri Garden, Krishna Nagar, South Extension, Greater Kailash, Kailash Colony, and Hauz Khas. DLF builds residential, office, and retail properties. With the passage of Delhi Development Act in 1957, the local government assumed control of real estate development in Delhi and banned private real estate developers. As a result DLF began acquiring land at relatively low cost outside the area controlled by the Delhi Development Authority, in the district of Gurgaon, in the adjacent state of Haryana. In the mid-1970s, the company started developing their DLF City project at Gurgaon. Its plans include hotels, infrastructure and special economic zones-related development projects. The company is headed by Indian billionaire Kushal Pal Singh. Kushal Pal Singh, according to the Forbes listing of richest billionaires in 2009, was the 98th richest man in the world and the world's richest property developer. The company's US$ 2 billion IPO in July, 2007 was India's biggest IPO in history. In its first quarter results for the period ending 30 June 2007, the company reported a turnover of Rs. 3,120.98 Crore and profits after taxes of Rs. 1,515.48 Crore. Joint ventures Laing O'Rourke is a UK-based construction company that built Dubai International Airport and London's Millennium Tower. It will construct all DLF's landmark projects. Nakheel of Dubai are partnering with DLF for developing townships in India. WSP Group Plc is also partnering DLF, providing management and consultancy to the built and natural environment. Feedback Ventures is providing consultancy for faster project execution. DLF has also teamed up with Hilton Hotels to jointly develop hotels in India.

UNITECH GROUP The Unitech Group is India's second largest real estate investment company, and has recently claimed to be the largest real estate builder in the country. The company is based in New Delhi[ and ranks 1484, in Forbes Global 2000 listing of the top 2000 Type Industry Founded Founder(s) Public Construction, Real Estate, Wireless 1972 as United Technical Consultant Private Ltd Ramesh Chandra, Dr. SP. Shrivastava, Dr. PK Mohanty, Dr. Ramesh Kapur and Dr. Bahri New Delhi, India Ramesh Chandra, executive chairman US$ 760 million (2008) US$ 300 million (2008) US$ 3.03 billion (2008) ~ 967 unitechgroup.com

Headquarters Key people Revenue Net income Total assets Employees Website

public companies in the world by Forbes magazine, 32nd in India. Its construction business includes highways, roads, powerhouses, transmission lines, and it has residential projects called Unitech Cities/Uni World, in cities like Mumbai, Delhi, Kolkata, Chennai, Hyderabad, Bangalore, Kochi, Noida,Greater Noida, Agra, Lucknow, Varanasi,Gurgaon, and Ghaziabad.

You might also like