• News by Month

  Select Month February 2012 January 2012 December 2011 November 2011 October 2011 September 2011 August 2011 July 2011 June 2011 May 2011 April 2011 March 2011 February 2011 January 2011 December 2010 November 2010 October 2010 September 2010 August 2010 July 2010 May 2010 April 2010 March 2010 February 2010 January 2010 December 2009 November 2009 October 2009 September 2009 August 2009 July 2009 June 2009 May 2009 April 2009 March 2009 February 2009 January 2009 December 2008 November 2008 October 2008 September 2008 August 2008 July 2008 June 2008 May 2008 April 2008 March 2008 February 2008 January 2008 December 2007 November 2007 October 2007 September 2007 August 2007 July 2007 June 2007 May 2007 April 2007 March 2007 February 2007 January 2007 December 2006 November 2006 October 2006 September 2006

• News by City

  • Bangalore
  • Chennai
  • Delhi
  • Faridabad
  • Gurgaon
  • Hyderabad
  • Kolkata
  • Mumbai
  • Noida
  • Pune

• News by Category

  • NRI
  • FDI
  • Home Loans
  • Real Estate India
  • Banking and Finance
  • Real Estate Developers

« Daiichi-Ranbaxy FDI plan to be placed before CCEA | Home | RBI to increase rates to curtail inflation »

Brokerage firms selling pvt. Islands near Indian shores

Top international real estate brokerage firms are to now sell private islands near Indian shores. Private Islands Inc, a Toronto-based private island brokerage firm, had put up Palm Lagoon — a four-acre private island in Kollam, Kerala — for sale. Last week, the island was reportedly snapped up for around Rs 3 crore. Then a little further away, in Sri Lanka, Tangalle Isle — another four-acre island — was sold for around Rs 4 crore.

Coldwell Banker, America’s oldest real estate firm, which also deals in private islands, has set up a branch in Mumbai. Though these niche real estate firms were tight lipped about the identities of Indians hunting for private islands in India and abroad, Suketu Mody, president and COO of Coldwell Banker Goodwill Consultants, said: “With the number of ultra high net worth individuals in this country rising, we expect to clinch a few deals soon.”

News Published Under:   Real Estate India | No Comments »

Comments

Name (required)   

Mail (required)      

URL