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Shriram Properties To Develop 15 Shopping Malls And 70-80 Budget Hotels

August 29, 2008 – 2:17 am

Shriram Properties, the real estate arm of Rs 25,000 crore Shriram Group, would launch two separate subsidiaries to promote projects in retail and hospitality segments, a top official of the company said.
M Murali, managing director of Shriram Properties, said the company would develop 15 shopping malls and 70-80 budget hotels in the next 3-4 years [...]

By manish | Posted in Real Estate News | Also tagged Affordable Housing, Bangalore, Budget Hotel, Budget Hotels, Foray, Global Players, Hospitality Projects, Hotel Projects, Managing Director, Shopping Malls, Shriram Properties, Strategic Partners, Vizag | Comments (0)

Sunil Mantri To Develop Township

July 31, 2008 – 4:48 am

Real estate firm Sunil Mantri said that it will invest Rs 2,000 crore on developing a 2,000-acre residential project in Gwalior over the next decade.
The company signed an MoU with the Special Area Development Authority, Gwalior, to carry out the project under public-private-partnership model, the company said in a statement.
As per the MoU, the realty [...]

By Rajani | Posted in Real Estate News | Also tagged Commercial Spaces, Gwalior, Mantri, Mou, Multiplex, New Projects, Public Private Partnership, Real Estate Firm, Realty Firm, Residential Project, Shopping Mall | Comments (3)

Emaar MGF Launches IPO

January 23, 2008 – 7:46 am

Real estate firm Emaar MGF Land Limited is raising Rs 7000 crore from the market on 1st February. The company has firmed up an initial public offering of 102,570,623 equity shares of face value Rs 10 each at a price to be determined through a 100% book-building issue. The price band has been [...]

By Rajani | Posted in Real Estate Investment | Also tagged Dubai, Emaar MGF, Emaar Properties, Emmar Properties, Equity Share, Face Value, Gupta, india, Indian Cities, Indian Economy, Initial Public Offering, IPO, Land Reserves, Md ali alabbar, MGF development limited, PJSC, Residential Development, Residential Properties, Shortage Of Housing, Shravan, Shravan Gupta, Vice Chairman | Comments (1)