Tag Archives: Crore

Salim Group’s Expressway Due To Land Acquisition Problem

August 19, 2008 – 4:55 am

Days after Chief Minister Buddadeb Bhattacharjee declared that Indonesia-based Salim group’s Expressway was put on hold due to the land acquirement problem, Prasoon Mukherjee, Salim Group’s pointsman and chairman of NKID (New Kolkata Infrastructure Development) expressed confidence that the other jumbo projects of the Group, including the PCPIR, are on track.
Mukherjee said “We have several [...]

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Real estate expecting twelve billion dollar PE funds

May 2, 2008 – 7:15 am

Mumbai,  With the Indian real estate market slated to grow 35-40% in value terms over the next two years, private equity (PE) players are lining up significant investments in the segment. Led by Blackstone and the PE arm of Deutsche Bank, a host of players—including Red Fort Capital Advisors, Starwood Capital and Walton Street—are expected [...]

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Emaar Purchases 1.36Percent Additional In Indian JV For Rupees 922 crore

February 1, 2008 – 11:42 pm

MUMBAI: The Dubai based Emaar group has purchased another 1.36% in its Indian joint venture Emaar MGF Land for Rs 922 crore, ahead of the initial public offer, which is considered to open on February 1. Emaar group has been assigned 13.37 million shares in the company, sources close to the arrangement said. The additional [...]

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