Tag: Residential Project

AIG Global Gains RMZ’s Stake To Develop Housing Project

New York-based AIG Global, a private equity and realty firm, has purchased RMZ Corp’s 50% stake in a stalled mall project in Hyderabad. AIG Global plans to turn this to be a housing project. New York-based AIG Global, a private equity and realty firm, has purchased RMZ Corp’s 50% stake in their shopping mall project […]

DLF Garden City Lucknow receives the ‘Integrated Township of the Year Award’.

Garden city, the first ever residential project in Lucknow by DLF has bagged the “Integrated Township of the Year – North India” award at the Realty plus Excellence Awards 2012, instituted by real estate monthly magazine Realty Plus. Cheered by a galaxy of realty stars, luminaries and other stakeholders present from all over the country at […]

Gulshan Homz new project Gulshan Ikebana at Sector 143B, Noida Expressway.

Gulshan Homz, part of the GC Group of companies has launched its new residential project: Gulshan Ikebana at Sector 143B, Noida Expressway that is designed by keeping all the modern needs, indulgences and luxuries in mind and offers a sleek, infinitely flexible, multi-dimensional and open life and is well conceptualised for quintessential living.  One would enjoy excellent location advantage […]

Vision India Arrives IN Chennai

A business group in the US named Vision India Real Estate is bankrolling a sum total of $5 million in an upcoming residential project in Chennai. The project belongs to Gem Group. This is the first time that the US Company is going for a joint development project. It is proposing an investment of $100 […]

Jaypee Group Launches Jaypee Greens Sports City in Greater Noida

Jaypee Greens (part of the builders Jaiprakash Associates) has announced the launch of its new project of “Jaypee Greens Sports City”, a township with residential and sports facilities, near the Yamuna Expressway (connecting to Agra). “The Sports City is positioned for everyone who appreciates luxurious surroundings and spaces equipped with sports and recreational facilities,” said […]

Lesson of Affordability

Previous to the great economic doom caught up with the economy and the real estate sector, life for developers was relatively cushy. High-priced houses were being hawked. But when tomorrow did come, there were many lessons to be learnt. The foremost among them is, a residential project should appeal and target the majority to be […]

Mantri Developers Bid For Land In Chennai

The Bangalore based Mantri Developers has successfully bid for a 4.9 acre plot of land at Siruseri IT Park on the IT Highway for developing an amenities centre. The price Rs 10.5 crore per acre for a 75-year lease is considered a new benchmark in Chennai’s real estate market. The plot of land, located at […]

Sunil Mantri To Develop Township

Real estate firm Sunil Mantri said that it will invest Rs 2,000 crore on developing a 2,000-acre residential project in Gwalior over the next decade. The company signed an MoU with the Special Area Development Authority, Gwalior, to carry out the project under public-private-partnership model, the company said in a statement. As per the MoU, […]

Real Estate Projects Become Attractive Due To Foreign Architects

In their bid to score over their rivals, many developers are now going abroad to hire noted architects who can design their new projects. Not withstanding the fact that currently the realty sector is seeing downward trend, still some of the noted design companies from other countries are opening their Indian offices to cater the […]

ICICI Pru Buys 50 % In DS Kulkarni Project

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 […]

Energy Saving Technology In Siddha Group Project

The West Bengal Green Energy Development Corporation Ltd (WBGEDCL) for the first time has tied-up with the real estate development company Siddha Group for transferring the information about energy saving in its forthcoming studio and serviced apartments project in Rajarhat, called Xanadu. On 4th June S P Gon Choudhury, managing director of WBGEDCL said that […]

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.

Dlf Starting a new project near Panchkula

Delhi-based DLF group would shortly have its presence felt in the border of Chandigarh as the company is coming up with their DLF Garden City Project near Panchkula for which the company is eyeing two hundred acres. Out of the two hundred acres, the company is said to have acquired thirty four acres with rest […]