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	<title>India Investment Property &#187; Central India</title>
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		<title>Cement Companies Transform Product Mix</title>
		<link>http://indiainvestmentproperty.com/real-estate-news/cement-companies-transform-product-mix/</link>
		<comments>http://indiainvestmentproperty.com/real-estate-news/cement-companies-transform-product-mix/#comments</comments>
		<pubDate>Wed, 03 Sep 2008 15:30:53 +0000</pubDate>
		<dc:creator>admin</dc:creator>
				<category><![CDATA[Real Estate Information]]></category>
		<category><![CDATA[Real Estate News]]></category>
		<category><![CDATA[Binani Cement]]></category>
		<category><![CDATA[Cement Companies]]></category>
		<category><![CDATA[Central India]]></category>
		<category><![CDATA[Commonwealth Games]]></category>
		<category><![CDATA[Construction Works]]></category>
		<category><![CDATA[Delhi]]></category>
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		<category><![CDATA[Integrated Factory]]></category>
		<category><![CDATA[North India]]></category>
		<category><![CDATA[Northern India]]></category>
		<category><![CDATA[Northern Markets]]></category>
		<category><![CDATA[Ordinary Portland Cement]]></category>
		<category><![CDATA[Pozzolana]]></category>
		<category><![CDATA[Real Estate Boom]]></category>

		<guid isPermaLink="false">http://indiainvestmentproperty.com/?p=738</guid>
		<description><![CDATA[With increasing cement supplies to north India, companies dependent on this market are changing their product mix from portland pozzolana cement (PPC) to ordinary portland cement (OPC) to sustain growth. OPC is used for roads and infrastructure while PPC is used in real estate projects. Shree Cement managing director HM Bangur, who runs the largest [...]]]></description>
			<content:encoded><![CDATA[<p>With increasing cement supplies to north India, companies dependent on this market are changing their product mix from portland pozzolana cement (PPC) to ordinary portland cement (OPC) to sustain growth. OPC is used for roads and infrastructure while PPC is used in <a title="Click here For real estate project." href="http://www.propertywala.com">real estate projects</a>.</p>
<p>Shree Cement managing director HM Bangur, who runs the largest single-location integrated factory in northern India, confirmed the trend. Mr Bangur said: “The contribution of PPC to our total income will gradually come down as we have decided to increase 20% of our OPC production in the subsequent few quarters.” Shree’s share is the highest in the <a title="3 bedroom Apartment for Sale in Nehru Nagar, New Delhi," href="http://www.propertywala.com/properties/type-residential_apartment/for-sale/location-nehru_nagar_new_delhi/property_in_south_delhi-2256079.html">Delhi</a> market, the most significant market in the national capital region region. The company’s 86% output is sold in north Indian markets while the remaining 14% is consumed in central India.</p>
<p>Binani Cement has shifted its focus too. The group MD Vinod Juneja said: “The demand for OPC has more or less doubled in the northern region due to construction works for Commonwealth games and the international airport. Binani Cement is a leading player in the northern region. It enjoys 13% market share in Rajasthan. It dispatches nearly 45% of its sales in this state.</p>
<p>Analysts said the data shows that the new trend is gathering momentum in the northern markets. OPC constituted 21.6% of total sales in the June quarter from 16% in the year-ago period. They said even after the rise in OPC production, there is still shortage of this product in the market. “With the real estate boom slowing down in the last few months, the demand for PPC has also gone down. So it makes more sense for the cement makers to concentrate more on OPC,” said an analyst.</p>
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		<title>Akruti Plans Foray In Middle East, Other Indian Cities</title>
		<link>http://indiainvestmentproperty.com/real-estate-news/akruti-plans-foray-in-middle-east-other-indian-cities/</link>
		<comments>http://indiainvestmentproperty.com/real-estate-news/akruti-plans-foray-in-middle-east-other-indian-cities/#comments</comments>
		<pubDate>Mon, 31 Mar 2008 11:45:38 +0000</pubDate>
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				<category><![CDATA[Real Estate News]]></category>
		<category><![CDATA[AIG]]></category>
		<category><![CDATA[Central India]]></category>
		<category><![CDATA[Citigroup]]></category>
		<category><![CDATA[Commercial]]></category>
		<category><![CDATA[Foray]]></category>
		<category><![CDATA[Gujarat]]></category>
		<category><![CDATA[Indian Cities]]></category>
		<category><![CDATA[Karnataka]]></category>
		<category><![CDATA[Middle East Market]]></category>
		<category><![CDATA[Rajasthan]]></category>
		<category><![CDATA[Real Estate]]></category>
		<category><![CDATA[Real Estate Firm]]></category>
		<category><![CDATA[Residential]]></category>

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		<description><![CDATA[Real estate firm Akruti City Ltd plans to make its first international foray in the Middle East later this year, with projects in both residential and commercial segments. Mr.Vyomesh Shah Managing Director of Akruti said, “We had sent our team to study the Middle East market and they came back with very encouraging growth prospects”. [...]]]></description>
			<content:encoded><![CDATA[<p>Real estate firm Akruti City Ltd plans to make its first international foray in the Middle East later this year, with <a href="http://www.propertywala.com" title="Click here to view the website for residential and commercial property solutions.">projects in both residential and commercial </a>segments. Mr.Vyomesh Shah Managing Director of Akruti said, “We had sent our team to study the Middle East market and they came back with very encouraging growth prospects”. <span id="more-170"></span></p>
<p>Further Mr. Shah said that the <a href="http://www.propertywala.com/properties/type-residential/for-sale/region-mumbai" title="Click here to view the list of available residential properties in Mumbai">Mumbai</a>-based developer also plans to expand its domestic portfolio to other states in western and central India including Gujarat, Karnataka, Rajasthan and Madhya Pradesh. He added that Akruti&#8217;s plans to sell shares privately to units of AIG and Citigroup, to raise nearly 13 billion rupees, had fallen through.</p>
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