Hospitality chain Lemon Tree Hotels today said it plans to open 100 hotels in India by 2020, with a total room capacity of 10,000. The company that currently owns and manages 18 hotels under Lemon Tree Premier, Lemon Tree and Red Fox brands also said it has put on hold plans to foray into real estate in partnership […]
Tag: Housing Project
Palm Hills in Gurgaon
March 12, 2010 – 12:30 pm
One of India`s leading real estate developers, Emaar MGF Land, announced the launch of a new mid-income housing project `Palm Hills` in Gurgaon in NCR. It will be located on NH8 with the prime location in Sector 77, Gurgaon. The total investment will be Rs 500 crore as said by sources on an area spread […]
BDA plans projects for slum dwellers
September 17, 2009 – 4:56 pm
With a view to offer decent living conditions to the slum dwellers in the city at reasonable rates, Bhubaneswar Development Authority plans to develop housing projects for them. BDA will develop housing projects for these people belonging to the economically weaker sections in 5-6 locations in and around the city. BDA would offer single bedroom […]
Shriram Group has finalized plans to enter the market
December 10, 2008 – 6:41 am
Chennai-based Shriram Group has finalized plans to come into the market for low-budget homes aimed at middle-income groups. Shriram is the latest property developer to try and tap into affordable housing segment as demand for real estate slumps in a slowing economy. Bangalore headquartered Shriram Properties will invest Rs. 500 crore over three years to […]
Lots Of Projects In Chembur
August 19, 2008 – 5:00 am
The huge project is being developed and executed in Chembur, Mumbai by GA Builders, an “RNA Corp Group” company that would provide “New Homes” to more than 1950 tenants, according to a media release. The Subhash Nagar Colony, built by MHADA, is about 55 years old and comprises 57 buildings that house 36 members each. […]
PE Fund Picks 40% In Amrapali SPV
July 28, 2008 – 7:56 am
Private equity fund SUN-Apollo Ventures has invested Rs 300 crore for 35-40% equity in an SPV of Noida-based realty firm Amrapali group. SUN-Apollo is a joint venture between Delhi-based Khemka family’s SUN group and US-based private equity fund Apollo Real Estate Advisors. Apollo’s development and investment portfolio is spread across US, UK, Russia and other […]
SatyaVani In Talks With European REITs
July 14, 2008 – 6:06 am
Hyderabad-based real estate firm SatyaVani Projects and Consultants is in talks with European REITs to raise $150 million in private equity, which will form the bulk of the $190 million it plans to spend on projects in Hyderabad, Bangalore and Vishakhapatnam. Company’s director Mr. P Surya Prakash said that besides private equity, SatyaVani Projects is […]
CHD Developers Will Invest 1000 Crore In Various Projects
June 18, 2008 – 4:51 am
Real estate developer—CHD Developers have firmed up plans to pump in Rs 1,000 crore into various projects over the next 3-4 years. The developer plans to raise the money from the market as well as plough back the profits. The company will be developing group housing projects as well as commercial complexes. “We have a […]
