September 25, 2008 – 11:14 pm
Mahindra Group’s real estate arm Mahindra Lifespaces is likely to join the ‘affordable’ housing bandwagon in a year, aiming the middle-income group.
“We are looking at opportunities to enter into the affordable housing sector, but it is still at the discussion stage. It may take one year to concertise the plan,” Mahindra Lifespaces Managing Director and [...]
By Rajani
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Posted in Real Estate News
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Also tagged Affordable Housing, Asset Class, Bandwagon, Chief Executive Officer, Gap, Housing Shortage, Income Group, Income Groups, Indu Projects, Inflation, Margins, Omaxe Ltd, Planning Commission, Private Developers, Puravankara, Real Estate, Real Estate Sector, Shortfall, Shriram Properties
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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
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Posted in Real Estate News
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Also tagged Affordable Housing, Bangalore, Budget Hotel, Budget Hotels, Foray, Global Players, Hospitality Projects, Hotel Projects, Housing Units, Shopping Malls, Shriram Properties, Strategic Partners, Vizag
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KOLKATA: JaiBalaji Steel, which is investing Rs. 16,000 crore to set up a five million tonnes steel plant in West Bengal, is set to begin construction by this year on its project located in Raghunathpur in Purulia, which is one of the backward districts in the country.
Addressing a press conference here, Aditya Jajodia, Chairman and [...]
Unitech Limited, India’s foremost Real Estate Company on 27 June 08 announced its audited consolidated financial results for the FY ended 31st March 2008.
Total income rose by twenty six percent to Rs. 42,801 million, as against Rs. 33,881 million during the preceding financial year. Profit after tax (PAT) also jumped by twenty seven percent to [...]
By manish
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Posted in Real Estate News
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Also tagged Bank Balances, Chandra, Earning Per Share, Eps, Equity Base, Face Value, Fiscal Year Ended March, india, Loans, Profit Loss Statement, Real Estate Company, Rupees, Sanjay, Unitech
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