Tag Archives: Commercial Projects.

TCI To Foray Into Real Estate Sector

Transport Corporation of India, so far engaged in movement of cargo over land and sea, is planning to venture into the real estate sector with pan-India presence.
“We plan to get into the real estate sector as we have land bank all over the country,” TCI Executive Director Vineet Agarwal said.
The company has 200 properties and [...]

Sistema Will Invest In Hospitality Sector In India

Kolkata, April 30:- Mr Alexander A. Chinyaev, the chief representative in India of Sistema said that after venturing into the Indian telecom business, Russian conglomerate Sistema is now planning to tap the real estate and hospitality industries in India. The London Stock Exchange-listed public sector company is looking at investing an estimated eight hundred crore [...]

Indiabulls in Pounds 138m Aim Deal

In the biggest deal of its type, Mumbai-listed real estate company Indiabulls will make an all-share offer for Aim-listed Dev Property Development.
It will be the first time that a deal of this size - Pounds 138 million - will be financed in the UK entirely by Indian shares.
Indiabulls is a property and financial services conglomerate [...]

Lobby group wants REITs for affordable housing

The new Securities and Exchange Board of India dispensation under chairman C B Bhave looks all set to carry on from where M Damodaran left off.
Senior officials of SEBI met with a team from the real estate committee of the Federation of Indian Chambers of Commerce and Industry on Thursday.
They later made about 15 suggestions, [...]