Tag Archives: Indian Cities

Plaza Centers Signed JV Israel-based Elbit Imaging

August 27, 2008 – 2:58 am

Emerging markets property developer Plaza Centers NV said it has signed a joint venture contract with Israel-based Elbit Imaging for developing three projects in India.
The three projects are in the three Indian cities Bangalore, Chennai and Kochi and would have a combined development budget of about 3.4 billion dollars, Plaza said in a regulatory filing [...]

By manish | Posted in Real Estate News | Also tagged , , , , , , , , , , , | Comments (1)

Alchemist Group Will Invest Rs 1,300 Crore In Hospitality Sector

August 2, 2008 – 7:14 am

The Chandigarh-based Alchemist Group is planning a big bang foray into the hospitality sector with an investment of Rs 1,300 crore over the next two years. The plan includes a huge fine dining, quick services restaurant chain and five-star hotels.
The Rs 7,000-crore conglomerate, which has interests in real estate, food processing, healthcare, pharma and aviation, [...]

By manish | Posted in Real Estate News | Also tagged , , , , , , , , , , , | Comments (1)

Akruti Plans Foray In Middle East, Other Indian Cities

March 31, 2008 – 5:45 am

Real estate firm Akruti City Ltd plans to make its first international foray in the Middle East later this year, with projects in both residential and commercial segments. Mr.Vyomesh Shah Managing Director of Akruti said, “We had sent our team to study the Middle East market and they came back with very encouraging growth prospects”.

By Rajani | Posted in Real Estate News | Also tagged , , , , , , , , , , , | Comments (2)

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 , , , , , , , , , , , , , , , , , , , , , | Comments (1)

Real Estate Development Prospect in India

January 15, 2008 – 3:25 am

January 08, 2008. Real Estate Companies and Investors are taking India as a great Investment destination. Real estate investment in major cities is taken as a beneficial deal. Real Estate Developers from the outside countries are showing their interest in building luxury villas in top Indian cities. They are looking for the [...]

By Rajani | Posted in Real Estate News | Also tagged , , , , , , , , , , , , , , , , , , , , | Comments (0)