August 23, 2008 – 5:37 am
Tata Group chairman Ratan Tata’s threat to pull the Rs 1,500-crore Nano small-car project out of West Bengal in the face of violence and protests over farmland acquisition has deepened the gloom over the Left Front government’s industrialisation drive, with most of its larger and more ambitious infrastructure projects already on hold over land issues.
Just [...]
By manish
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Posted in Real Estate News
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Also tagged Chairman Ratan Tata, Estate Projects, Haldia, Industrial Projects, Infrastructure Projects, Kalyani, North Bengal, Public Private Partnership, Ratan Tata, Riverine Island, Special Purpose Vehicle, tata group, West Bengal
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August 19, 2008 – 4:55 am
Days after Chief Minister Buddadeb Bhattacharjee declared that Indonesia-based Salim group’s Expressway was put on hold due to the land acquirement problem, Prasoon Mukherjee, Salim Group’s pointsman and chairman of NKID (New Kolkata Infrastructure Development) expressed confidence that the other jumbo projects of the Group, including the PCPIR, are on track.
Mukherjee said “We have several [...]
By manish
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Posted in Real Estate News
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Also tagged Bengal, Chief Minister, Crore, Expressway Project, indonesia, Infrastructure Development, Kolkata, Land Survey, Major Projects, Proportion, State Government
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The gloom over the realty sector is reflected in the stock prices of many companies. BSE Realty Index has been the worst performer so far in 2008, having shed more than 68.5% from its January peak. Analysts expect further erosion in valuations of realty stocks with the sector facing a slowdown, input costs rising, and [...]
By Rajani
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Posted in Real Estate News
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Also tagged Blackstone Group, Capital, Commercial, Debt, Emmar Properties, Finance, Goldman Sachs, Lee Kim Tah, Morgan Stanley, Property Investors, Real Estate, Real Estate Developers, Realty Market, Realty Stocks, Religare Securities
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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.
By Rajani
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Posted in Real Estate News
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Also tagged chemical SEZ, Chennai, Greater Noida, house, Hyderabad, indonesia, mid-income, Mumbai, NKID, Project, Residential, Unitech, universal success
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