Alliance Group Presents a 24-Hour News Channel on Real Estate

June 15, 2007	(3 votes, average: 3.33 out of 5)  Loading ...
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Alliance Property Group Inc., a full service development firm dedicated to commercial and residential developments, is to launch a 24 hour TV Channel committed to feature everything related to real estate only.

Involving an upfront investment of Rs 1 billion, the pan-Indian, English language channel- Real Estate TV – will have the programs covering every possible facets of real estate in the subcontinent, Southeast Asia and the Gulf region which houses the largest number of Non Indian Residents (NRIs).

This soon to launch 24 hour television channel will track the latest happenings in Real Estate Market, emerging trends in the market as well as shed light on future outlook of property investments in different locations. As a centre medium, it will strive to be an authoritative and the most wanted real information on realty sector, says Manoj Namburu, Alliance Chairman and managing director.

It will be first of its kind interactive channel dedicated entirely to real estate. It will be available through cable and on the DTH platform cross the country. Alliance Property Group has hired the Insat-4A transponder to beam the programmes.

The proposed channel will serve as an efficient one stop shop for all real estate enthusiasts who always wanted to have every latest news and info related to property market on hand. Indian real estate will be the main focus area and the channel will provide infotainment meant to meet the demanding requirements of all stakeholders in the sector and the public as well, adds Namburu.

A team of professionals will manage the channel in support of the renowned media personality Sashi Kumar and chief operating officer T.K Vibhaker. The main studio of the channel will be located in Bangalore with other operating bureaus in Mumbai, Delhi, Chennai, Kolkata, and Hyderabad. Add to that, the company will establish other information collecting channels all across the country.

The estimated market size of Indian real estate is believed to be $16 billion currently and likely to touch the mark of a prohibitive $60 billion by 2010. Such a vast growth is fuelled by the cross border investments and foray of big players who have brought a greater transparency in the sector.

News Published Under:   Real Estate India |

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