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 [...]
By manish
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Posted in Real Estate News
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Also tagged Bengal, Chief Minister, Crore, Expressway Project, indonesia, Kolkata, Land Survey, Major Projects, Proportion, salim group, State Government
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With real estate stocks being hit adversely by the market slowdown, the phenomenon is expected to have a spiraling effect on hospitality development in India. Most real estate majors with a series of hospitality developments in their portfolio are affected by this trend. This may lead to a stall or delay in the completion of [...]
By Rajani
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Posted in Real Estate News
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Also tagged Alteration, Decline, Development Finance, Downfall, Finance Company, Financial Market Analysts, Hospitality Consultants, Hospitality Developments, Hotel Development, Hotel Projects, Idfc, interest rates, Liquidity, Majors, Market Slowdown, Phenomenon, Project Expenditure, Share Prices, stocks
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Unity Infraproject has announced it’s FY08 results. Unity Infra project’s profit after tax (PAT) for FY2008 stood at Rs 600 million, up 42% from Rs 423 million in FY2007. EPS for FY2008 was Rs 44.9 versusRs 32.9 in FY2007, a growth of 36%.
Out of the current order book, 56% pertains to government and 44% to [...]
India and China, the world’s two fastest growing economies, leads the list of best places for investment and development, driven by their current GDP growth rates, appropriate investment climate and substantial trade opportunities, a latest report says.
According to global consultancy Grant Thornton’s International Business Report 2008 on rising global Markets, China, India and Russia have [...]
By manish
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Posted in Real Estate News
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Also tagged Brics, Developing Economies, G7, GDP, Global Economies, Global Markets, india, International Business, Investment India, Iran Pakistan, Labour Force, Trade, Trade Opportunities
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It’s not just the consultants, funds and law firms that are coming to India. The booming real estate sector has attracted yet another important segment of the global industry—the architects. Celebrated British architect Lord Norman Foster, who shaped London’s 21st-century skyline with buildings such as the Gherkin, the new Wembley stadium, and has designed other [...]
By Rajani
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Posted in Real Estate News
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Also tagged Bandra Kurla, Beijing Airport, Bombay Dyeing, British Architect, Development Arm, Foster And Partner, Global Architecture, Highway, Mahindra City, Mahindra Group, Metro Stations, Mumbai Real Estate, Neptune Group, New Wembley Stadium, Railway Station, Real Estate, Real Estate Sector, Reichstag In Berlin
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Hindustan Construction Company (HCC), a leading construction house, will transfer its real estate, infrastructure and investment businesses into separate fully-owned subsidiaries in an attempt to provide these high-growth businesses with a distinct focus and identity.
HCC officials said two subsidiaries, HCC Real Estate and HCC Infrastructure, have already been formed and the third, HCC Capital, is [...]
By Rajani
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Posted in Real Estate News
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Also tagged Airports, Authority, BOOT, Construction Company, Construction Sector, Engineering Projects, Growth Businesses, Hcc, Hydro Power, Investment Business, Joint Ventures, Lavasa, National Highway, Private Sector, Project Opportunities, Restructure, Scale Construction, Segments
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Hinduga group one of the leading diversified groups in the world, today announced the appointment of Ravinder Babbar as COO for Aasia Properties Development Ltd., the real estate arm of the group.
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