November 27, 2008 – 12:40 am
In a bid to tide over the current financial crisis, Unitech, the second largest real estate developer in the country, is planning to raise money by selling some of its assets, such as hotels and commercial real estate.
The company, which currently has a debt of Rs 8,200 crore, is also planning to rope in private [...]
By Rajani
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Posted in Real Estate News
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Also tagged Budget Hotel, Commercial Real Estate, Debt Repayment, Financial Crisis, Hospitals, Joint Venture, Negotiations, Private Equity Funds, Ramesh Chandra, Real Estate Developer, Residential Projects
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September 2, 2008 – 6:35 am
MUMBAI: India’s hottest property market, Mumbai, could see some shakeup in the commercial realty space. In a significant development, the Mahrashtra government has decided to allow all upcoming IT parks and IT specific buildings in the city to utilise 80% of the total constructed area for financial services, besides IT and IT enabled services. At [...]
By manish
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Posted in Real Estate News
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Also tagged Banking And Financial Services, Commercial Realty, Corporate Finance, Financial Hub, Financial Services Sector, Fsi, Fund Management, IT and ITes, Management Consultancy, Mumbai, Mumbai India, Property Consultant, Risk Management, Sectors, State Government, Transactions Services, Treasury Operations, Treasury Risk
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Kochi will soon get international status with the upcoming of hi-tech city project worth five thousand crore rupees. The Bangalore-based Shobha Developers have signed up a MoU with the state government for setting up this hi-tech city. Sobha Hi-Tech City will be an incorporated city with focal point on research and development, knowledge dissemination, information [...]
By manish
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Posted in Real Estate News
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Also tagged Hospitality, information technology, Knowledge Dissemination, Knowledge Park, Kochi, Leisure Projects, Mou, Research And Development, Residential Complexes, Shobha Developers, State Government
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National Real Estate Development Council (Naredco) is organising a National Conference on ‘Affordable Housing for All’. It will be held in New Delhi on 21 and 22 April 2008. The conference will be supported by Ministry of Housing and Urban Poverty Alleviation, Government of India and UN Habitat. Some of the other issues that will [...]
MUMBAI:Monday the stock exchange goes down by 950 points made the real estate industry jittery and on edge.Its really a bad news for the property investors to know the way market is reacting these days and really they would be facing some more problems till it become stable atleast.
Pujit Aggrawal Developer from Orbit explains that [...]
By manish
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Posted in Real Estate Investment, Real Estate News
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Also tagged Aggarwal, Bloodbath, Bombay Stock Exchange, Chanakya, Commercial Office Space, Financial Institutions, Grinding Halt, Jones Lang Laselle, Land Valuations, Meghraj, Noida, Precipitous Fall, Real Estate Values, Sensex, South Mumbai, Stock Market Crash, Stock Market Decline, Upto 30, Weak Market
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February 14, 2008 – 1:54 am
Wonderla, the amusement park promoted by the Kerala-based V-Guard, is looking to set up a theme park in Mumbai with an investment of Rs 150 crore.
This will be the second one for the company after its theme-park at Bidadi near Bangalore. The company has already acquired around 80 acres and plans to acquire further 40 [...]
By manish
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Posted in Real Estate Investment, Real Estate News
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Also tagged Amusement Park, Bangalore, Feasibility, Integrated Project, Kerala, Mumbai, Theme Park, Vicinity, Wonderla, Wonderla Amusement Park
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