Consumer durable major Videocon Group has bought out a housing society off Ashram Road, one of Ahmedabad’s prime business areas, for over Rs 50,000 per sq yard in a Rs 30-crore deal. The housing society, Lotus Society, is located along the Sabarmati river – where the ambitious Rs 2000-crore riverfront development project is coming up […]
Tag: Project
Sistema Will Invest In Hospitality Sector In India
May 1, 2008 – 7:48 am
Kolkata, April 30:- Mr Alexander A. Chinyaev, the chief representative in India of Sistema said that after venturing into the Indian telecom business, Russian conglomerate Sistema is now planning to tap the real estate and hospitality industries in India. The London Stock Exchange-listed public sector company is looking at investing an estimated eight hundred crore […]
DLF may take up slum rehab projects in Delhi
April 30, 2008 – 4:31 am
Real estate major DLF is drawing plans to take up slum development projects in Delhi, which, though fraught with political risks, could see business worth thousands of crores. A senior DLF official said, “We are preparing an elaborate plan to develop slum areas in Delhi. We have received a very positive response from chief minister […]
Unitech To Launch A Mid-Income Project
April 29, 2008 – 5:48 am
Unitech Ltd plans to launch a mid-income project of 1,200 square feet houses in Greater Noida at Rs.2750 – sees potential demand. This will be followed by Residential launches in Chennai and Hyderabad shortly. The company is also accumulating more land parcels in Mumbai through slum rehab, will disclose once formalities completed.
Parsvnath Launches Commercial Mall Project In Jamnagar
April 25, 2008 – 5:12 am
Realty major Parsvnath Developers said it has launched its first integrated commercial mall project at a cost of Rs 120 crore in Jamnagar, Gujarat. Parsvnath Developers launched its first integrated group housing and commercial mall project in Jamnagar, which is being developed on total land area of 13,200 square meter with an expected realization value […]
Rs 1,000 cr via third fund will be raised by Indiareit
April 22, 2008 – 4:31 am
Indiareit Fund Advisors, the Ajay Piramal-promoted real estate investment fund, is planning to introduce its third domestic fund to raise Rs 1,000 crore. Talking to DNA Money, Ramesh Jogani, the fund’s CEO and MD, confirmed the development but did not disclosed details. Jogani said, “In the subsequent two years we will introduce our fourth domestic […]
World’s largest shopping centre
April 3, 2008 – 6:06 am
The Dubai Mall, world’s biggest shopping and entertainment destination, developed by the foremost Dubai real estate developer Emaar Properties PJSC and located in the Dh73 billion mega-project Downtown Burj Dubai, is putting concluding touches to quite a few retail and entertainment concepts that are a first for the region. The Dubai Mall, with an approx […]
