September 2, 2008 – 6:35 am
MUMBAI: India’s hottest property market, Mumbai, could see some shakeup in the commercial realty space. In a significant development, the Mahrashtra government has decided to allow all upcoming IT parks and IT specific buildings in the city to utilise 80% of the total constructed area for financial services, besides IT and IT enabled services. At [...]
By manish
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Posted in Real Estate News
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Also tagged Banking And Financial Services, Commercial Realty, Commercial Space, Corporate Finance, Financial Hub, Financial Services Sector, Fsi, Fund Management, IT and ITes, Management Consultancy, Mumbai, Mumbai India, Property Consultant, Risk Management, Sectors, Transactions Services, Treasury Operations, Treasury Risk
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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, salim group
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Kochi will soon get international status with the upcoming of hi-tech city project worth five thousand crore rupees. The Bangalore-based Shobha Developers have signed up a MoU with the state government for setting up this hi-tech city. Sobha Hi-Tech City will be an incorporated city with focal point on research and development, knowledge dissemination, information [...]
By manish
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Posted in Real Estate News
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Also tagged Commercial Space, Hospitality, information technology, Knowledge Dissemination, Knowledge Park, Kochi, Leisure Projects, Mou, Research And Development, Residential Complexes, Shobha Developers
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A day after HDFC chief Mr. Deepak Parekh stated that environmental clearances were leading to time delays and hence cost overruns in housing projects, industry body Confederation of Real Estate Development Association of India (CREDAI) has put a number to it.
CREDAI Secretary Rohit Raj Modi said that these add at least 10% to 15% to [...]
Indiabulls Power Services (IPSL), a subsidiary of Indiabulls Real Estate, has entered into a memorandum of understanding (MoU) with the Jharkhand government for setting up of 1,320 mega watt (MW) power project, a statement sent to the Bombay Stock Exchange said.
In terms of the MoU, government of Jharkhand shall facilitate and extend all assistance to [...]
Amanora Park Town, the first township which got the sanction from the State Government, is all set to have another first in the field of ‘Environment Conservation’.
The township’s ‘Temple of Environment’ is in the final stages of completion, said Mr Aniruddha Deshpande, Managing Director, City Corporation Ltd.
The temple would be unveiled on the Environment Day [...]
By manish
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Posted in Real Estate News
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Also tagged Corporation Ltd, Dlf, Gardens, Government Of Maharashtra, Granite, Jewellery, Maharashtra, Prism, Sanction, United Nations, Water Body
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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.
By manish
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Posted in Real Estate News
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Also tagged Ahmedabad, Construction Business, Developers., Gujarat, Hub, information technology, Maharashtra, Pristine Properties, Pune, Real Estate, Western India
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Rahejas, the real estate major, has challenged the Goa government’s decision to scrap the approved SEZ before the Bombay High Court. A senior company official said, “We have already made it clear that our SEZ was non-polluting and as such has no reason for the government to stop it. We have invested a lot of [...]
By Rajani
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Posted in Real Estate News
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Also tagged Bombay Company, Bombay High Court, Cancel, Ceo., Challenging The State, Cipla, Giant, Goa Government, Goa Govt, Hc, Lulla, Money, Petitions, Pharma, Police Protection, Raheja, Real Estate, Reason
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Chandigarh: The Haryana government on 27th February cleared allotment of industrial plots to fifty-one units which would carry an investment worth two thousand three hundred crore in the state.
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