Real estate fund house ASK Property Investment Advisors has said it is planning to fund to invest in Indian real estate projects. The company has already committed $40 million (Rs 200 crore) out of its second domestic fund. It has formed a subsidiary in Singapore that will be raising this offshore fund. To be launched in […]
Tag: Ceo.
RBI Rate Cut Proves to be a Boon for Affordable Housing Investors
April 20, 2012 – 6:11 pm
The recent move by the Reserve Bank of India (RBI) in its annual Credit Policy has given some hope for investors in the affordable housing segment. This is being seen as a positive development for the overall property market. While investors remain cautious and wait for banks to announce the lowering of interest rates, realtors are optimistic […]
IOREC: Property Sector In Mauritius a Profitable Investment.
March 29, 2012 – 6:09 pm
The sluggish global economy has not left the property sector unscathed, but the high-end estate market on the Indian Ocean island of Mauritius is showing remarkable resilience. Murray Adair, CEO of the Indian Ocean Real Estate Company (IOREC) who is developing several luxury resorts in Mauritius in partnership with Flacq United Estates Limited (FUEL), says […]
Big Bazaar Targeting Network Of 145 Stores By June 2009
September 5, 2008 – 3:41 am
Retail chain Big Bazaar plans to open 15 more stores by November end, some of them in new markets, at an investment of Rs 1,500-1,600 crore. With this, Big Bazaar, a subsidiary of the Kishore Biyani-spearheaded Pantaloon Group, will have 112 stores pan-India by November, a top company official said. Big Bazaar is targeting a […]
DLF To Get 5000 Acres Land Less Than Market Rate
June 23, 2008 – 12:17 am
Real estate developer DLF will soon get around 5000 acres near Greater Noida at less than market rate under the Taj Expressway Industrial Development Authority’s (TEA) scheme. Jaypee group, too, has qualified for allotment of 2,500 acres, while Unitech and Punj Lloyd are in queue for 2,500 acres each. TEA additional CEO C S Verma […]
Rahejas challenge Goa Govt’s order to scrap SEZ
March 28, 2008 – 3:11 am
Rahejas, the real estate major, has challenged the Goa government’s decision to scrap the approved SEZ before the Bombay High Court. A senior company official said, “We have already made it clear that our SEZ was non-polluting and as such has no reason for the government to stop it. We have invested a lot of […]
Dubai Properties displayed at Mumbai Extravaganza aiming Indian Investor
February 28, 2008 – 4:46 am
Foremost master real estate developer Dubai Properties has participated at the premium luxury show ‘Mumbai Extravaganza 2008’ in Mumbai, India to showcase its most recent portfolio of realty developments including the latest to be announced ‘Mudon’ project, to an elite audience of high net worth visitors and top tier conglomerates. Mohamed Binbrek, CEO, Dubai Properties, […]
