Tag: Constructions

Jain Housing Launches Residential Projects

South-based Jain Housing and Constructions have launched its two mega residential ‘Carlton Greek’ projects. Company’s CEO Vijay Kumar Managing Director Sundeep Mehta said that company will construct 1,120 apartments in two phases investing Rs 950 crore. He said that the project would be completed by 2011. The company’s last year turnover was Rs 280 crore […]

Slow Down In Lucknow Realty

A number of Lucknow-based small builders are facing crunch due to the rise in inflation and increase in the interest rate by banks. After the real estate boom the city witnessed, a number of such builders joined the bandwagon. Moreover, they invested heavily in the projects. However, due to the recent downturn, they are forced […]

Puravankara Projects board recommends 40% final dividend

The board of directors of Puravankara Projects has recommended a final dividend of forty percent, or two rupees share on equity share of five rupees each for the recent year. The payment is subject to the sanction of the shareholders at the yearly general meeting.

Lok Housing Constructs Residential Projects In Bangalore, Mumbai, Pune

Mr. Lalit Gandhi, chairman and managing director, Lok Housing & Constructions says that they have decided to initiate around eight projects in Mumbai, Navi Mumbai, Pune and Bangalore in coming six months. The proposed projects will cover 42-50 million sq ft saleable area, and 60 % of this will be residential development and is likely […]