Tag Archives: Jaipur

Berggruen In A Thousand Crore Rupees Expansion

August 21, 2008 – 5:10 am

Berggruen Holdings, a New York-based private investment company, which is setting up a series of three- and four-star hotels under its arm Berggruen Hotels, will invest over Rs 1,000 crore in India till 2012.
This quantum will be funded through a debt-equity ratio of 2:1. The company has tied up with IDFC for a loan of [...]

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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 European [...]

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Airports to emerge as business hubs

May 19, 2008 – 3:39 am

NEW DELHI: All new airports in the country will emerge as business nucleus with world class office, hospitality and retail space. The modernization and development of airports will not only provide the facelift to respective cities but also improve the real estate sector, said a report by Cushman & Wakefield.

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Indian Property Expo In Qatar

April 26, 2008 – 8:57 am

Doha: All most thirty builders from various parts of India are showcasing their projects at Homes of India, the largest Indian property expo in Qatar, at the Ramada Plaza hotel.
The two-day expo was opened yesterday by Dr Mohan Thomas, President of the Indian Community Benevolent Fund.

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Mehran Heritage will come up in Jodhpur

April 24, 2008 – 10:29 am

Jodhpur-based High Pointe Real Estate Pvt Ltd plans to come up with a heritage boutique hotel, Mehran Heritage, in Jodhpur by November 2008. The hotel is mainly targeted at foreign and business travellers that come to Jodhpur, due to its proximity to business centres like New Delhi and Jaipur.
Mr. Mukesh Agarwal, Director, Mehran Heritage, said, [...]

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Triangle RE fund to raise $500 m for Indian realty

March 31, 2008 – 5:45 am

To cash in on the growth of organised retail in India, UK and South Africa-based real estate investment groups have launched retail property focused Triangle Real Estate Fund (TREF) for India. The $500 million fund will be routed through Mauritius and will be managed by Property Zone - a joint venture between Old Mutual Investment [...]

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Amrapali Group Invests In Hotel Projects

March 29, 2008 – 2:28 am

Amrapali Group, a UP-based real estate developer, will be investing about Rs 600 crore in different hotel projects in 2008. These hotel projects are under different levels of construction in different parts of India, primarily the north Indian cities, like Bareilly, Vrindavan, Greater Noida, Udaipur, Indore and Jaipur. The upcoming properties will comprise all categories, [...]

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Major Land Auction In Jaipur

February 21, 2008 – 3:37 am

Jaipur Municipal Corporation has planned auction for land. The auction is for providing land for 99 years of lease. For participating in this auction, people have to submit demand draft or banker’s cheque for Rs. 70000. Auction will be held on 5th, 11th, 12th, 14th,18th, 19th, 25th, 26th and 28th March 2008 at Municipal Corporation, [...]

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JDA Announces Grand Auction

February 6, 2008 – 1:08 am

Jaipur is emerging as real estate investment destination rapidly. Taking  lead from this , Jaipur Development Authority (JDA) is coming up with multiple commercial and residential schemes to woo the investors across the globe. It has attracted Real Estate Giants for its grand auction of group housing and commercial plots at Jaipur- Sikar Road (NH-11). [...]

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Real Estate Industry Spreads Over Small Cities

January 28, 2008 – 5:10 am

Disproportionate increase in property price in metro cities has resulted into expansion of hotel industry to small cities. The Giants of hotel industry are shifting their focus to cities like Ahmedabad, Bhuvaneshwar, Chandigarh, Coimbatore, Goa, Guwahati, Indore, Jaipur, Ludhiana, Lucknow, Mysore, Nagpur, Surat Vishakhapatnam and many more.
Main reason behind the change in investment [...]

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