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Sobha Developers, a Bangalore-based real estate firm, has bought two acres of prime land in Bangalore for an undisclosed sum from the RBANM Trust, reports Business Standard. The property is located opposite Koshy`s restaurant and has access to three main Read More...
Chartered Housing, a Bangalore based company involved in constructing residential and commercial buildings, besides real estate business is implementing ERP to integrate business processes, evaluate performance of human resources, and connect the head Read More...
Puravankara Projects, a Bangalore-based real estate company, is in talks with global hotel majors including Accor and Marriott to set up hotels and serviced apartments in Bangalore, Chennai and Kochi. Details regarding the size of the deal are not known. Read More...
Delhi-based integrated real estate development company, DLF has lined up two integrated towhships in Bangalore with an investment of Rs. 400 crores. The company plans to set up the townships on Hosur Road and Bannerghatta Road. It has already taken possession Read More...
Bengalooru-based Golden Gate Properties is understood to be in advanced talks with 2 leading European banks, apart from the Blackstone Group, to raise close to $200 mn (Rs 900 cr). A company announcement on the same is expected shortly. Headquartered Read More...
February 28, 2007 16:09 IST According to the Union Budget 2007-08, tax concession under 80 IB for construction under 1000 square feet in Delhi and Mumbai and under 1500 square feet built up in Bangalore will come to an end. In accordance to this news, Read More...
Bangalore-based Nitesh Estates has announced that New York-based Och-Ziff Capital Management Group has picked up 25 per cent stake in the company for $51 million. Och-Ziff Capital Management Group is a global hedge fund with assets worth $21 billion, Read More...
Bangalore Feb. 15 Presaging the potential of Hosur, the industrial town in Tamil Nadu abutting Bangalore, as a magnet for rapid development, a leading real estate company from Bangalore is promoting gated villa houses at a cost of Rs 30 crore. Announcing Read More...
IDEB Projects Pvt. Ltd., a Bangalore-based construction and property development company, has raised $32 million from a private equity placement with U.S.-based Samsara Capital, the Indian firm said. IDEB is is developing over 8 million sq. ft. of land, Read More...
Bangalore Feb.15 The city-based real estate developer DivyaSree Developers Pvt Ltd has received $100 million from TPG-Axon Capital, a global investment firm managing over $7 billion in capital, to pick up a minority stake in the company. According to Read More...
Mumbai Based Property Developers B Raheja Builders has launched Their maiden Residential Project in Bangalore, Centrally located in up-market Rajmahal Vilas, Dollar Colony. The 6 towers of 20 floors each, stand amidst 11 acres of landscaping, Water, Fauna, Read More...
Property Developers will be paying an added tax on their premises for construction materials, over and above the money they have been paying to the builder to hold the property, says Supreme Court. The minimum VAT on construction material is at 4 per Read More...
Dubai-based realty company Emaar group is all set to invest Rs 10,000 cr in developing malls in India through its joint venture company Emmar MGF Ltd. Mr Susil Dungarwal from Prestige group has been roped in to head the mall business. Emaar-MGF, which Read More...
Bangalore based Sobha Developers Ltd has announced that the Company has received a Letter of Intent (LOI) from Continental Devices India Ltd (CONTEL) to construct its "Bella Vista" Shopping Mall & Hotel Project in Panchkula, Haryana. The Read More...
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