Tag: coimbatore

Real Estate Provides Assured Returns

The realty prices in cities like Delhi, Mumbai or even some of the smaller tier II cities, like Jaipur or Coimbatore, have shown a remarkable increase over the past few years. This growth has proved the advice of Mark Twain, an American author, that ‘Buy land, they are not making it any more’. There is […]

New Homes For India

An entire township of nearly four thousand new homes is being built in Southern India, dubbed a “mega project” for the country’s building boom. Sahara Prime City, the real estate arm of Sahara India Pariwar, is building the project in Coimbatore as part of what it says will be a vast chain of townships in […]

REBI Is Planning To set Up 3,000 Franchisees Across The Country

Real Estate Bank India (REBI), is planning to set up three thousand franchisees across the country, with about forty eight outlets in West Bengal in the next few years. Across the eastern region, REBI would open two hundred stores, said Hemant Sikaria, regional head of REBI, on the occasion of launch of two-day expo, Franchise […]

Indo-Rama Plans To Set Up 200 Retail Stores

Indo Rama Retail Holdings Pvt. Ltd, the retail venture of the promoters of Indo Rama Synthetics (India) Ltd will be setting up 200 stores across the country over the next three years. Announcing the launch of the company’s store in Chennai, Mr Ashok Srivastava, chief operating officer, Indo-Rama Retail Holdings said, “Any company spends close […]

Indian Company Plans IT Park In Lanka

City-based real estate developer PS Group is setting up an IT park in Sri Lanka with an investment of $80.4 million. The company has entered into a joint venture with Sri Lanka Institute of Technology and Infinity Parks Ltd, another city-based real estate company, to develop this project. Mr. Pradip Chopra, chairman and managing director […]

Tamil Nadu Launches Portal For e-Processing Of Land

The Tamil Nadu government today launched a website for online processing of land documents, including registration. State minister for Revenue and Housing I Periasami unveiled the website at regional review conference organised jointy by the Land Resources department and Union Ministry of Rural Development.

Rakindo Enters Coimbatore Realty

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.

Rakindo To Set Up $1.5 Billion Integrated Township

Real estate developer Rakindo Developers has unveiled its plan to build a $1.5 billion (Rs 6,000 crore) integrated township at Coimbatore. It is expected to be ready for launch by the last quarter of 2008. Mr Prasad Koneru, MD, Rakindo Developers, told that the flagship project of Rakindo Developers in the texcity will be developed […]