September 5, 2008 – 3:41 am
Retail chain Big Bazaar plans to open 15 more stores by November end, some of them in new markets, at an investment of Rs 1,500-1,600 crore.
With this, Big Bazaar, a subsidiary of the Kishore Biyani-spearheaded Pantaloon Group, will have 112 stores pan-India by November, a top company official said.
Big Bazaar is targeting a network of [...]
By manish
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Posted in Real Estate News
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Also tagged Agra, Big Bazaar, Ceo., Chandigarh, Cuttack, india, Kishore Biyani, Kolkata, Mumbai Delhi, Mysore, Pune, Rajan Malhotra, Retail Chain, Solapur, Subsidiary, Surat
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Lack of provisions in the country’s bankruptcy laws to deal with cross-border insolvency may force Western investment companies hit by global credit crunch to sell off their assets in the country at throwaway prices instead of being able to sell their worldwide assets in one go to obtain a better price.
Since Indian courts do not [...]
The government is planning to scrutinise investments flowing in from tax havens such as Andora, Aruba, Bahamas, Costa Rica and Dominica where investor details remain confidential due to banking policies.
According to sources in the department of industrial policy and promotion (Dipp), the government is concerned about Indian residents parking money in the island nations to [...]
By manish
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Posted in Real Estate News
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Also tagged Banking, FDI, Foreign Institutional Investors, Government Source, Indian Residents, Influx, Intelligence Agencies, Island, Island Countries, National Security Council, Nsc, Real Estate Sector, stock market, Tax Haven, Tax Havens
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After having lived outside of India for close to 40 years or even more, many NRIs are now joining a reverse flow into India, and investing in property back home.
Many are looking for retirement, or semi-retirement homes that may later tempt their children or grandchildren into connections with India. But it can also be good [...]
Investors in this country are known to have an appetite for exotic investments.
Irish Life is tapping into this by giving investors an opportunity to invest in commercial property in Asia and Europe through two new funds from Irish Life — Eurasia Property Fund and Eurasia Property Plus Fund.
Irish Life is partnering with Hendersons Global Investors-one [...]
Mumbai-based Sunil Mantri Realty Ltd plans to invest about hundred million U.S. dollars to participate in the development of Bandar MSC Cyberport in Kulai, the first Multimedia Super Corridor (MSC) cybercity in Malaysian southern Johor state. This is for the first time that an Indian company is investing in malaysia cybercity. The company signed the [...]
Mapletree, a property investment unit of Singapore state-owned Temasek Holdings, announced on Monday that its private real estate fund, Mapletree India-China Fund (MIC Fund), is developing a property worth US$320 million in China’s Guangdong Province.
This is MIC Fund’s third investment in China after its investments in a residential and retail development in Xi’an and acquisition [...]
By Rajani
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Posted in Real Estate News
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Also tagged Acquisition, Beijing, China, Guangdong Province, Guangzhou, india, Investments, Mic, Private Real Estate, Property Investment, Real Estate Fund, Retail Development, Singapore, Stake., Technology, Temasek Holdings
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The trust, part of Indiabulls Real Estate Ltd., plans to sell 353 million units of Indiabulls Properties Investment Trust at between S$1 and S$1.10
Indiabulls Properties Investment Trust could raise up to $388.3 million (US$286million) selling units in a real estate investment trust (REIT) in Singapore, according to reports. The trust, part of Indiabulls Real Estate [...]
By Rajani
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Posted in Real Estate News
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Also tagged Agency, Indiabulls Financial Services, Initial Investors, Ipo Price, Knight Frank, Lakshmi Mittal, market, Market Sentiment, Merrill Lynch, Mumbai Properties, Real Estate Investment, Real Estate Investment Trust, REIT, Singapore
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A lot of township development projects and designs of residential complexes in Kerala were displayed at a property show in Qatar which aimed at attracting investments from NRIs.
Kerala Property Expo in Doha is featuring about 50 builders. The show organized by the Kerala Builders Forum (KBF), is sponsored by HDFC bank and State Bank of [...]
By Rajani
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Posted in Real Estate News
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Also tagged Builders, Credai, Development Projects, Doha, Hdfc Bank, Kbf, Kerala, Property Expo, Residential Complex, State Bank Of India, Tourism Industry
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DLF Assets, the property fund of DLF Ltd, India’s largest real estate developer by market capitalisation, has raised $450 million from Symphony Capital, a London based investment firm. DLF Assets has earlier received two hundred million dollars from a fund sponsored by Lehman Brothers and $400 million from another global investment firm DE Shaw for [...]
By Rajani
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Posted in Real Estate News
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Also tagged Capitalisation, Dapl, Developer, Dlf Ltd, india, IPO, market, Market Slowdown, Real Estate, Real Estate Investment Trust, Singapore
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