Vice Chairman - India Investment Property

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IHCL Will Set Up Four Airport Hotels In The Country

August 18, 2008 – 3:58 am

Indian Hotels Company (IHCL), which runs the Taj chain of hotels, has earmarked Rs 1,800 crore for funding inorganic growth in the subsequent 3 years, said chairman Ratan Tata.
Talking to shareholders at the company’s yearly general meeting, Mr Tata said IHCL would set up four airport hotels in the country, including one in Navi Mumbai, [...]

By manish | Posted in Real Estate News | Also tagged Andamans, Chairman Ratan Tata, General Meeting, Ginger, Goa, IHCL, Orient Express Hotel, Panaji, Room Occupancy, Strategic Alliance | Comments (1)

Emaar MGF Launches IPO

January 23, 2008 – 7:46 am

Real estate firm Emaar MGF Land Limited is raising Rs 7000 crore from the market on 1st February. The company has firmed up an initial public offering of 102,570,623 equity shares of face value Rs 10 each at a price to be determined through a 100% book-building issue. The price band has been [...]

By Rajani | Posted in Real Estate Investment | Also tagged Dubai, Emaar MGF, Emaar Properties, Emmar Properties, Equity Share, Face Value, Gupta, Housing Units, india, Indian Cities, Indian Economy, Initial Public Offering, IPO, Land Reserves, Md ali alabbar, MGF development limited, PJSC, Residential Development, Residential Properties, Shortage Of Housing, Shravan, Shravan Gupta | Comments (1)