Tag Archives: Mysore

Atria to expand in India

November 5, 2008 – 1:48 am

Bengaluru-based Atria group will expand in the Indian hospitality sector with plans to add 1500 rooms to its inventory at an investment of Rs 1500 Crore in the next five years. Hotel projects will come up in Delhi NCR, Chennai, Mysore, Coorg and Hyderabad. The group also plans to launch the 270 room Atria Grand, [...]

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Big Bazaar Targeting Network Of 145 Stores By June 2009

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 [...]

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Sobha Scarlet In Mysore

August 30, 2008 – 6:18 am

Sobha Developers Ltd has announced that the Company enters in Real Estate Project “Sobha Scarlet” in Mysore on August 29, 2008. This will be developed in 14.2 acres of Land.
This project will have 83 villas, out of which 49 villas will be in phase 1 of the project with 3 & 4 Bed Room with [...]

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Olive Group Expanding To IT Sector

August 28, 2008 – 9:20 am

After completing 25 years in real estate industry, Mumbai-based Olive Group is expanding to Information Technology (IT) sector.
Speaking to mediapersons here, P V Mathai, Chairman of Olive Builders, said as part of the diversification, it would associate with the USA-based Millennium Consultant Inc, a leading software company, which has operations in Bangalore and Kochi.
The future [...]

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EsVee Group To Develop Townships Across India

May 23, 2008 – 5:57 am

The Ahmedabad-based EsVee Group, promoted by Mr Vijay Kumar Gupta, Chairman and Managing Director of Gujarat Ambuja Exports Ltd (GAEL), plans to develop exclusive townships across India. The first of these chain-townships, at Mysore, is scheduled to be completed by 2010, on a 60-acre plot situated 1.5 km from the airport. The township, christened `Highlands’, [...]

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Citi realty arm to buy 10% stake in Golden Gate for Rs 400cr

April 17, 2008 – 6:35 am

Citigroup’s real estate arm is set to invest around Rs 400 crore in Bangalore-headquartered Golden Gate Properties for about 10% stake.
The deal is expected to value the tier-II real estate firm at a little over $1 billion. This marks Citigroup’s back-to-back deals in the domestic real estate space in the last fortnight. Early last week, [...]

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Israel firms in Joint venture for realty project

February 14, 2008 – 1:53 am

Property and Building Corporation (PBC) and Electra Real Estate, both Israel based firms, today pronounced plans of developing Rs 4,000-crore real estate projects in Hyderabad, Chennai and Mysore through a recently incorporated Indian joint venture, PBEL Property Development (India), with Hyderabad-based Incor Infrastructure as a 10 percent stake holder.
PBC is a subsidiary of the IDB [...]

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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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