Tag Archives: Pune

Choice Hotels To Invest Rs 1500 Crore

October 15, 2008 – 7:53 am

Choice Hotels is deciding to invest fifteen hundred crore rupees over coming two years to double the number of its hotels from the present twenty-five to fifty across India. The company has already started construction of twenty-one more hotels and has tied up with various construction companies. Choice hotels has done dealing with Amrapali group, [...]

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DS Kulkarni To Invest Rs 30 Million

September 30, 2008 – 4:00 am

The board of directors of DS Kulkarni Developers at its meeting held on Sep. 27, 2008, has approved the investment in DSK Global up to Rs 30 million to make it a subsidiary.
The board has also approved the fixed deposit scheme of the company for the year 2008-2009.
DS Kulkarni Developers is a real estate developer. [...]

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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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Net Profit Of Leading Property Developers Rose In Ist Quarter Of FY09

July 31, 2008 – 4:48 am

Aided by revenues from mid-income houses, net profit of property developers, such as Unitech and Puravankara Projects, rose in the first quarter of FY09, beating analyst expectations.
Unitech, the country’s largest listed developer, posted a 15.7 % growth in net profit during the quarter, mainly due to higher realisations the company made in the mid-income segment [...]

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Gaziz Globe And Big Shopping Group From Israel To Invest In India

July 21, 2008 – 4:52 am

The Indian real estate market is set to witness the entry of investors like Gaziz Globe and Big Shopping Group from Israel, Mirax from Russia and a few others from Eastern and Western Europe. Together, these investors are likely to invest around Rs 10,000 crore in Indian property that is FDI compliant, in the coming [...]

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ICICI Pru Buys 50 % In DS Kulkarni Project

July 10, 2008 – 6:44 am

Real-estate firm DS Kulkarni Developers Ltd said on Wednesday that it has sold 50% in a unit setting up a premium Bangalore residential project to ICICI Prudential PMS Real Estate Portfolio, for 350 million rupees. ICICI Prudential PMS has invested in the project at the land acquisition stage.
Last week, D S Kulkarni sold 50 % [...]

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Unity Infra Upcoming Project

July 5, 2008 – 6:01 am

Unity Infraproject has announced it’s FY08 results. Unity Infra project’s profit after tax (PAT) for FY2008 stood at Rs 600 million, up 42% from Rs 423 million in FY2007. EPS for FY2008 was Rs 44.9 versusRs 32.9 in FY2007, a growth of 36%.
Out of the current order book, 56% pertains to government and 44% to [...]

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Nanded City Pune Promises to Come Back With Second Phase

June 10, 2008 – 5:26 am

Magarpatta’s Nanded City Pune closes it’s offer of phase 1 with a promise to open 2nd phase in December 2008
On the foundation of frustration about Pune real estate market and desperation about housing, ‘Nanded City Pune’ developed huge hope in the minds of the property buyers.

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The EAAP Directory 2008

June 9, 2008 – 4:17 am

The Eaap Directory 2008 - published by the Estate Agents Association of Pune - was released previous week by Mayor Rajlaxmi Bhosle, Police Commissioner Jayant Umranikar and PBAB president Lalit Kumar Jain at a glittering ceremony held at the Corinthians Club.

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Township Rush Has Begun In Pune

May 12, 2008 – 5:40 am

Pune:- By the 2020 Pune will be nothing like what the city is these days. The small city’s boundaries are being stretched in all directions. Now, the city is gaining suburbia around itself. Adding another totally new dimension to the city is the rush of integrated townships into Pune.
The city is set to reap a [...]

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