August 20, 2008 – 9:37 am
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 the [...]
By manish
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Posted in Real Estate News
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Also tagged Business Hotels, Business Proposition, Hotels In Bangalore, Mahabalipuram Road, Mantri Developers, Private Properties, Rajiv Gandhi, Road Users, Tamil Nadu, Time Payment, Viable Business
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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, the realty [...]
By Rajani
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Posted in Real Estate News
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Also tagged Commercial Spaces, Gwalior, Housing Units, Mantri, Mou, Multiplex, New Projects, Public Private Partnership, Real Estate Firm, Realty Firm, Shopping Mall
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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 [...]
By Rajani
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Posted in Real Estate News
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Also tagged Architect Firms, Architects Of Singapore, Business In India, Downward Trend, Global Perspective, Godrej Properties, Gupta, Hok, New Projects, Niranjan, Real Estate Projects, Rivals, Rsp Architects
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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 % [...]
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 the [...]
By manish
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Posted in Real Estate News
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Also tagged Bulbs, Clean Technology, Energy Development, Energy Saving Devices, Green Energy, Home Lighting, Lighting System, Lightning, Rain Water Harvesting, Real Estate Development, Serviced Apartments, Siddha Group, West Bengal, Xanadu
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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.
By manish
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Posted in Real Estate News
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Also tagged Arch Capital, Chennai, Land Acquisition, Lifespace, Maharashtra, Mahindra Lifespace, Mumbai Market, Nagpur, Private Equity Fund, projects, Pune, special economic zone, Townships
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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 [...]
By manish
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Posted in Real Estate News
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Also tagged Chandigarh, Club House, Dlf Group, Fortis, Four Acres, Garden City, Haryana Government, india, New Delhi, Panchkula, Real Estate Developers, Residential Apartments
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