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 network of [...]
By manish
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Posted in Real Estate News
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Also tagged Agra, Big Bazaar, Ceo., Cuttack, india, Investment, Kishore Biyani, Kolkata, Mumbai Delhi, Mysore, Pune, Rajan Malhotra, Retail Chain, Solapur, Subsidiary, Surat
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Tech Mahindra announced a capex plan of Rs. 638 crore ($150 million) for next three years, 60% of which will go as investments in physical infrastructure such as buildings and real estate while 40% will be used for enhancing technology.
The company plans to open new centres in Belfast (Ireland), Milton Keynes (UK), Chandigarh and Kolkata.
Now small towns will also have value malls. Mirroring its cinema infrastructure model, E-CITY Ventures, part of the Essel Group, is setting up forty-five value malls aggregating ten million square feet in emerging real estate cities.
Mr. Atul Goel, CEO, E-CITY Ventures, said, “For this project, we are looking at equity funding of Rs 450 crore”. [...]
Indian Hospitality Corporation (IHC), a joint venture of Gordon House Hotels, Mars Restaurant and SkyGourmet Catering formed last year, plans to spend as much as $1 billion to acquire hotel groups and restaurant chains.
The company has hired Ravi Deol as chairman and chief executive of Mars Restaurants, the hotel and food services division of IHC, [...]
As property prices continue their downward spiral in Britain, investors here are looking to India, which is increasingly seen as a hotspot due to rising real estate prices across the country.
Every week, leading mortgage lenders and estate agents publish figures of declining prices, higher number of houses on the market, fewer buyers and smaller numbers [...]
By Rajani
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Posted in Real Estate News
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Also tagged Exhibitions In London, Foreign Investment, Gujarat, Gurgaon, Indian Economy, Indian Government, Investing In India, Investment Funds, Investors, London, London Property, Mortgage Lenders, Property Investors
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Delhi-based DLF group would shortly have its presence felt in the border of Chandigarh as the company is coming up with their DLF Garden City Project near Panchkula for which the company is eyeing two hundred acres. Out of the two hundred acres, the company is said to have acquired thirty four acres with rest [...]
By manish
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Posted in Real Estate News
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Also tagged Club House, Dlf Group, Fortis, Four Acres, Garden City, Haryana Government, india, New Delhi, Panchkula, Real Estate Developers, Residential Apartments, Residential Project
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NEW DELHI: Global realty brokerage firm, Century 21 Real Estate LLC, announced on Monday about its foray into the Indian market with plans to open offices across the country, where it is expecting for a business of Rs one thousand crores in half a decade.
The US-based company plans to open one thousand offices through franchisee route. [...]
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