April 24, 2008 – 10:32 am
The stock of unoccupied properties with real estate developers in the main technology hubs of Bangalore and Chennai is mounting and indications are that their problems will only get worse as software companies head towards greener pastures.
Rakindo Developers Pvt Ltd setting up an integrated township project at Coimbatore with an estimated investment of six thousand crore rupees. Rakindo Developers is a joint venture company formed by RAKEEN and Trimex group. RAKEEN is a global business company where as Trimex group is chennai based mineral conglomerate.
ARCH Capital Asian Partners L.P., the private equity real estate fund of Ayala group, has formed a JV with the Mahindra Group of India for the development of a residential community in Chennai.
Mumbai has witnessed the world’s highest (94.4%) increase in rentals of industrial space in 2007 from Rs 18 per square feet per month to Rs 35 per square feet per month ($10.88 per square feet per annum).
With this, the financial capital of the country leaped 11 positions to be 26th most expensive industrial locations in [...]
By Rajani
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Posted in Property News
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Also tagged Asia Pacific, Bangalore, Dublin, Frankfurt, Imt Manesar, India, Industrial Space, Location, London, Moscow, National Capital Region, Pune, Singapore, Sriperumbudur, Tokyo
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Very first green building complex is all set to come up on a sprawling fifty two thousand square meter plot in Borivali. This project is part of the BMC’s upgradation plans for its Civic Training Institute & Research Centre (CTIRC), which is near to the National Park. Mr. P K Das, consultant of the project, [...]
By Rajani
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Posted in Property News
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Also tagged Bmc, Borivali, Building Complex, CTIRC, Environmental Design, Gurgaon, Itc, LEED, Mumbai, Solar Energy, Upgradation
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February 1, 2008 – 8:07 am
Parsvnath Developers Limited is the most diversified and widespread real estate developer in India. It has 115 continuing projects with a developable area of over 191 mn sq.ft. Parsvnath Developers has been in the market for more than 20 yrs.Â
On Jan 02, 2008, Parsvnath Developers has declared that the Company has got LoI from Director Town [...]
