Delhi Development Authority (DDA) is firming up an elaborate plan for slum redevelopment projects in the capital. It has appointed consultants to prepare reports on the redevelopment of 30 slum clusters.
The developer is expected to build houses for the slum dwellers and in return gets a portion of the total space for development which it [...]
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Tagged Akruti, Delhi Development Authority, Delhi Development Authority Dda, Delhi Government, Dharavi, Omaxe, Private Developers, Raheja Developers, Real Estate Developer, Realty Firms, Redevelopment Project, Redevelopment Projects, Slum Areas, Slum Dwellers, Slums, Urban Development
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JPMorgan plans to invest more than $1 billion in Asian real estate over the next three years, hoping to fill a gap as Indian and Chinese developers crave funds and lenders and rival investors recoil from property markets.
The investment bank, which has fared better than some Wall Street rivals because of smaller exposure to subprime [...]
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Tagged Ambitious Projects, Construction Industry, Foreign Investors, Initial Public Offerings, invest, Investment Bank, Lenders, Long Term Relationships, Market Consolidation, Mortgage Investments, Plum, Property Markets, Rivals, Stock Market Slump, Wall Street
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Essar Realty Holdings—the real estate arm of the Essar Group—has won the bid for building a Rs 500-crore five-star hotel, utility centre and a multiplex at the upcoming Multimodal International Hub Airport in Nagpur.
The realty firm has also formed a joint venture with the US-based hospitality group Accor Hospitality to develop and manage the hotel [...]
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Tagged Air Cargo Hub, Cargo India, Cargo Traffic, Commercial Space, Conventional Hall, Essar Group, Hospitality Group, Hotel Project, Hub Airport, International Hub, Lakh Tonnes, Nagpur Airport, Nodal Agency, Raheja Group, Realties, Realty business, Realty Firm, Service Apartment, Subsidiary Company
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New Delhi:The Center cleared twenty-three new special economic zones (SEZs), including seventeen projects for setting up information technology and IT-enabled services (ITeS) zones, besides giving in-principal approval to six proposals.
The Board of Approval of the Special Economic Zones, headed by Union Commerce Secretary G. K. Pillai, considered a total of thirty-four SEZ proposals, including three [...]
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Tagged Commerce Secretary, Electronic Hardware, Information Technology Infrastructure, Infrastructure Ltd, Kerala State, New Delhi, Proposals, Real Estate, S2tech, Sezs, Special Economic Zone, State Information Technology
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Maharashtra, also referred to as the ‘Power House of India’, is the industrial hub of India. Commanding the industrial development of the country, Maharashtra has already established a trend in the growth of real estate in India. Economic development has resulted in the rapid development of both residential and commercial property in Mumbai, Solapur, Pune [...]
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Tagged Aurangabad, Business Centers, Foreign Direct Investment, Government Of India, Income Group, Industrial Hub, Matheran, Mrpl, Power House, Property Brokers, Pune, Rapid Development, Real Estate In India, Real Estate Investment, Real Estate Sector, Real Estates, Suitable Property
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A buoyant real estate market last year saw several realty firms foray into the hospitality sector. But with slowdown hitting real estate and choking cashflow, several small realty firms have been forced to put at least half a dozen hotel projects on the block.
A developer has put on the block a 200-room hotel project in [...]
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Tagged Akshay, Cushman And Wakefield, Foreign Hotel, Glamorous Hotel, Hospitality Business, Hospitality Sector, Hotel Business, Hotel Chains, Hotel Project, Hotel Projects, Hotel Room Rates, Knight Frank, Management Contract, Payback Period, Rajeev Menon, Realty Cos, Realty Firms
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Madhya Pradesh government initiated 12 investment proposals worth Rs 32,000 crore during a two-day Investors Meet here.
The memorandums of understanding signed on the first day of the meet included Rs 1,300 crore cement plant, Rs 1,000 crore real estate unit, Rs 10 crore sponge iron unit and Rs 450 crore bio-energy unit besides several others.
Addressing [...]
Real-estate firm Omaxe Ltd sees borrowing costs rising by as much as 300 basis points this fiscal year as interest rates in the country rise.
Executive Director Vipin Aggarwal said that the firm will raise 5 billion rupees in the year ending March 2009. A deteriorating sales environment for property companies may also weigh, he added.
Rising [...]
Driving on the country’s first expressway connecting Mumbai with Pune is always a pleasure, so much so that people have started shuttling between the two cities daily. All this courtesy the swanky road’s meticulous upkeep by a company that was once a family-owned business doing road-building works for local bodies.
At the helm of it all [...]
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Tagged 10 Months, Bharuch, Bhiwandi, Business Enterprise, Crore, Family Owned Business, Golden Quadrilateral Project, Helm, Multiple Services, Mumbai, Partnership Model, Present Day, Public Private Partnership, Pune, Road Contractors, Road Sector, Rs 1, Showcase Projects, Upkeep, Virendra
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Meerut is only 72 kilometers from new delhi. It is an ancient city, which belongs to Uttar Pradesh state. The great history from the city is that Mandodari, wife of Ravana, belongs to this city. Meerut is stand at 28.98 north and 77.7 east, and 219 meters above from sea level. Meerut is the major [...]
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Tagged Abundant Land, Amp, Apartments, Developers, Medical College, New Delhi, noida, projects, Real Estate Market, Residential Properties, Shobhit University, Shopping Complexes
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