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, salim group, Special Purpose Vehicle, tata group
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Mahindra & Mahindra (M&M) has decided to go slow on its world city project in Bengal.
The conglomerate, with interests ranging from automobile and real estate to IT, financial services and infrastructure, had planned to invest Rs 4,000 crore in Bengal over the next few years to develop the 100-acre IT special economic zone (SEZ) and [...]
UK-based Eredene Capital has picked up a 50% stake in Apeejay Infra-Logistics (AILPL), the infrastructure arm of Kolkata-based Apeejay Surrendra Group.
The group is setting up a state-of-the-art logistics park in Haldia in West Bengal’s West Midnapore district. Eredene Capital has invested Sterling Pound 5.25 million or Rs 42 crore to pick up the 50% AILPL [...]
KOLKATA: JaiBalaji Steel, which is investing Rs. 16,000 crore to set up a five million tonnes steel plant in West Bengal, is set to begin construction by this year on its project located in Raghunathpur in Purulia, which is one of the backward districts in the country.
Addressing a press conference here, Aditya Jajodia, Chairman and [...]
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, Residential Project, Serviced Apartments, Siddha Group, Xanadu
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Kolkata-based real estate developer Salarpuria Group will execute projects worth Rs 1,000 crore in West Bengal by 2010.
Mr. Rakesh Salarpuria, vice chairman of the Salarpuria Group, said that the expansion plans includes setting up a Novotel Hotel, promoted by international hospitality major, Accor Group, at Rajarhat. The investment in the project would be close to [...]
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