Indian Real Estate and Property News Weblog

Loading

RSS Feeds Bookmark and Share Email

April 2007 - Posts

23 April 2007
ETA Star Property scouts for foreign partners for township project near Chennai
Chennai: Chennai's ETA Star Property Developers Limited, part of $4 billion turnover ETA Ascon group based in Dubai, is holding discussions with two US and two European investors to offload an approximately 40-per cent stake. The stake sale will help Read More...
1 Comments
Filed under: ,
 
16 April 2007
GE Finance Betting on Realty and Aviation
GE Commercial Finance is planning to increase its exposure in the Indian market. The company, which is registered as NBFC (non-banking financial institution) in India, is targeting an asset base of over $8 billion by 2010 from less than $4 billion at Read More...
0 Comments  
16 April 2007
NRIs buy India story, pump in Rs 100 cr in just 2 months
While the retail investor in India is increasingly becoming sceptical about investing in the volatile equity market at current levels, NRIs are taking a contrarian view on the same. The NRI community, which till a few months ago was pulling out money Read More...
0 Comments
Filed under: , ,
 
16 April 2007
Nagarjuna Construction gets Rs 3.02-bn orders
Nagarjuna Construction Co Ltd said recently that it had secured three orders worth 3.02 bn rupees, including a water supply project order worth 2.46 bn rupees. The Economic Times New Delhi Edition March 27 2007 For Apartments in South Bangalore Visit Read More...
0 Comments
Filed under: , ,
 
16 April 2007
New authority is being set to examine land requirements of SEZ
Even as the row over land acquisition for industrial projects rages, a new authority is being set up to vet land requirements of SEZ projects. The move is aimed at preventing SEZ projects from turning into real estate ventures. The rural development ministry Read More...
0 Comments
Filed under: , , ,
 
16 April 2007
Indian Cities to face ecological stress, says satellite survey
The haphazard way in which the city is turning into a concrete jungle makes it vulnerable to severe ecological stress in near future, says a Lucknow University survey based on satellite data. The survey by the university's Geology department says Read More...
0 Comments
Filed under: , , ,
 
16 April 2007
Parsvnath launches new project at Noida-Parsvnath Privilege
Delhi-based Parsvnath Developers Ltd has launched its Rs 325 cr project Parsvnath Privilege in Greater Noida consisting of 3-bedroom luxury condominiums. The project sprawls over an area of 25 acres with built-up area of more than 18 lakh sq. ft. Business Read More...
0 Comments
Filed under: ,
 
16 April 2007
National Conference on Affordable Housing for All on 4th & 5th April 2007
The National Conference on âAffordable Housing for All (7th National Convention) is being organized by National Real Estate Development Council (NAREDCO) on 4th & 5th April 2007 at Hotel Ashok, Chanakya Puri, New Delhi, as to focus on provision Read More...
0 Comments
Filed under: , ,
 
16 April 2007
Indian Real Estate Expo 2007 In U.K. On 5th and 6th May
Imperial Land Developments Ltd. Of U.K. in association with the Builder Information Bureau of India is jointly organizing an Exhibition of Indian Real Estate Developers in May 2007. This event is taking place in the Metropolis City of London and is going Read More...
1 Comments
Filed under: , , ,
 
16 April 2007
NBG-HUDA Presents International Realty Exhibition On 7th, 8th and 9th April 2007
National Builders Guild (NBG) in association with HUDA is presenting an international real estate exhibition at Gurgaon, Haryana. NBG is the apex national self regulatory body representing all spheres of enterprises engaged in various aspects of real Read More...
1 Comments
Filed under: , , ,
 
16 April 2007
Alwaye on the Move
The positive fallout of the current phase of development of the city of Kochi is that the residents have started realizing the advantages of living in the quieter suburbs. One such fast developing centre is Alwaye. Several major players in the building Read More...
1 Comments
Filed under: , ,
 
16 April 2007
Luxury Retail Malls to Debut in India
This year will see international luxury brands like Gucci, Armani, Versace, Dolce & Gabbana etc. set shop in India, inside malls that will be exclusively catering to upscale, premium lifestyle brands. With 4-5 luxury malls coming up in India, a deluge Read More...
2 Comments  
11 April 2007
Puravankara Group Launches "Purva Swan Lake" in Chennai's IT Corridor.
Earmarks Rs. 1,000 crore for various schemes Project to be executed in a phased manner Has a JV with Keppel Land of Singapore CHENNAI: Mumbai-based real estate developers Puravankara Group has earmarked Rs. 1,000 crore for various projects it proposes Read More...
2 Comments  
11 April 2007
Hyderabad Real Estate. Its Cool in Hot Summer! Apartment, Plot Prices Stagnate.
The property prices in the once sleepy city of Hyderabad started taking off from the year 2002, spurred by growth of software and BPO business. Hundreds of US firms and leading Indian IT Players, have been ramping up scale of operations at Hyderabad. Read More...
1 Comments
Filed under:
 
11 April 2007
UK realty firm to invest 250mn pounds in India
A UK-based property investor plans to invest 250 million pounds in India's booming real estate sector in the next five years. "In the next five years we are planning to invest 250 million pounds in India," Suchit Punnose, Director Investments Read More...
2 Comments
Filed under: , , ,
 
11 April 2007
Ahmedabad changes land use laws
If too many plots were converted from residential to commercial, chaos would follow, warns expert. The mega city tag being taken seriously by its citizens - Ahmedabad is determined to be one of the commercial hubs in the region. So much so that the city Read More...
0 Comments
Filed under: ,
 
11 April 2007
Work on widening Gurgaon-Sohna Road to start by April 11: HUDA
Gurgaon, April 9: THE Haryana Urban Development Authority (HUDA) today said work on the long-delayed project to widen the Gurgaon-Sohna Road will begin later this week. The road was scheduled to be completed by December 31, 2006, according to a board Read More...
3 Comments  
11 April 2007
HighCourt jolt to Gurgaon landsharks
Statesman News Service CHANDIGARH, April 10: In order to protect the interests of a Gurgaon-based family, whose agricultural land worth over Rs 500 crore was being allegedly usurped by landsharks, Mr Justice Surya Kant of the Punjab and Haryana High Court Read More...
0 Comments
Filed under: ,
 
10 April 2007
Bombay Dyeing in Talks with Starwood Hotels for 2 hotels in Mumbai
Bombay Dyeing is foraying into hospitality with two hotels at Worli and Dadar in Mumbai. The company is in talks with Starwood Hotels & Resorts, for its brands like Sheraton, W Hotels and St Regis. Bombay Dyeing is also talking to Peninsula Hotels, Read More...
0 Comments
Filed under: ,
 
10 April 2007
FICCI Delegation on Real Estate to Singapore
FICCI has planned an exclusive interactive meet with leading Singapore companies in Real Estate and Urban Infrastructure sector supported by International Enterprise Singapore (IE Singapore), Singapore Business Federation (SBF), Singapore Chinese Chamber Read More...
0 Comments
Filed under: ,
 
10 April 2007
Reliance Industries is in hurry on its Special Economic Zone (SEZ) projects
Reliance Industries is in too much of a hurry on its Special Economic Zone (SEZ) projects, if the Maharashtra government officials are to be believed. Land acquisition is always a touchy issue and the company could have tried to demonstrate what it could Read More...
0 Comments
Filed under: ,
 
10 April 2007
Indiabulls Real Estate Limited (IBREL) Lists on Mumbai Stock Exchange
Indiabulls Real Estate Limited (IBREL), the real estate wing of Indiabulls Group, got listed on the Bombay Stock Exchange. IBREL, which recently demerged from Indiabulls Financial Services Limited (IBFSL), reached a high of Rs 414.80 per share in early Read More...
0 Comments
Filed under: ,
 
10 April 2007
Delhi Based GTM Plans to Open 10-12 Education Malls across India
The Delhi-based GTM Group plans to set up 10-12 malls across the country that will house only educational institutions. To start with, the Group is constructing a mall in Jaipur that will bring together 60 colleges and institutes. This concept has been Read More...
1 Comments
Filed under: , , ,
 
10 April 2007
Omaxe to Set Up Wedding Malls
New Delhi April 2 Find a soul mate, walk into a mall and get out married. Welcome to the new age of speciality malls. With the objective of differentiating themselves from the intense competition, mall developers are setting up malls that offer products Read More...
1 Comments  
10 April 2007
Appu Hotels Plans to Open 10 New Hotels across Tamil Nadu
Appu Hotels Ltd. that owns Le Royal Meridien, a five-star deluxe hotel in Chennai is planning to set up around 10 hotels across the Tamil Nadu in next three to four years. "Of the ten, two or three will be in the five-star category and the rest will Read More...
1 Comments
Filed under: , ,
 
10 April 2007
Tata Steel Completes £6.2 Billion Acquisition of Corus
Tata Steel Ltd. announced that it has completed the £6.2 billion acquisition of Corus Group plc at a price of 608 pence per ordinary share in cash. The enlarged company will have a crude steel production of 27 million tonnes in 2007 and will be Read More...
0 Comments  
10 April 2007
Power Costs More for Malls in Mumbai
Power supply to plush shopping malls, stadium floodlights and city hoardings, has become dearer as the Maharashtra Electricity regulatory Commission (MERC) has proposed a steep tariff hike. MERC in its order on the annual revenue requirement (ARR) and Read More...
0 Comments
Filed under: ,