Tag Archives: Pune

The EAAP Directory 2008

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.

Township Rush Has Begun In Pune

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 [...]

Gujarat’s first IT SEZ Will Be In Sanathal

Ahmedabad, May 7 The Pune-based Vascon Engineers Limited has initiated construction of the state’s first Information Technology Enabled Services (ITES) SEZ at Sanathal village off the Sarkhej-Gandhinagar highway.

For Some Mahindra Lifespace May Opt PE Funding

MUMBAI - Real estate firm Mahindra Lifespace Developers Ltd may consider private equity funding for some of its projects, but has no immediate plans to dilute its stake, a top official said.

Indian Property Expo In Qatar

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.

No Chance Of Slow Down In Hotel Industry

Hotel industry in India has shown strong growth in last financial year. Though hotel occupancies in Bangalore, Hyderabad and Pune dipped marginally owing to over capacity, average room rates for branded hotels across star categories continue to witness robust growth in most cities.

Rs 1,000 cr via third fund will be raised by Indiareit

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 fund. We [...]

High Price of real estate forcing BPO to shift in smaller city

The rush in real estate prices and a talent crisis in metros are forcing the $11 billion Indian BPO industry to shift to Tier II cities in the country, according to a study conducted by consultancy firm Everest Group.
“It is difficult to maintain the growth in Tier I cities because of the increasing real estate [...]

Real estate major ventures into hospitality with Ramada tie-up

Pune-based promoter and developer, the Amrut Runwal Group, is all set to venture into the hospitality industry. The group will begin with a five star property in Pune, which is scheduled to open by June 2009.
“In order to diversify business operations, the Amrut Runwal Group decided to enter the hospitality industry. Since Pune is an [...]

K Raheja enter in logistics business

MUMBAI: K Raheja Corp, a top real estate company, has entered into a fifty fifty joint venture with Colorado-based ProLogis, a leading owner, manager and developer of distribution facilities globally. The joint venture is for warehousing and logistic infrastructure development in India and is ProLogis’ first business in the country.
According to the agreement, the joint [...]