Tag Archives: Developer

Four Groups Fighting For Hotel Plot In Navi Mumbai

July 25, 2008 – 5:07 am

Four hotel chains have submitted bids for a plot to build a five-star hotel in Navi Mumbai, at a time when land prices have dipped in Mumbai and surrounding areas.
Indian Hotels Co. Ltd, which owns the Taj group of hotels, Sun-n-Sand Group of Hotels, Leela Palaces, Hotels and Resorts and Metropolis Hotel have submitted technical [...]

By Rajani | Posted in Property News | Also tagged , , , , , , , , , , | Comments (1)

Standardization Of Real Estate Sector

June 20, 2008 – 2:49 am

It is now become essential to standardize real estate. Builders and developers are not averse to the idea of a regulator in the real estate sector.Credai president Mr. Kumar Gera said that developers want a regulator to discourage the dishonest players from entering the sector. Mr. Gera further said that Credai has made a number [...]

By Rajani | Posted in Property News | Also tagged , , , , , , , , | Comments (2)

Parsvnath Developers To Develop Hotel-Cum-Mall In Lucknow

May 2, 2008 – 7:14 am

New Delhi-based real estate developer, Parsvnath Developers, plans to develop a mixed-use project, Parsvnath Planet Plaza, in Lucknow. The entire project is expected to incur an approximate cost of Rs 120 crore.

By Rajani | Posted in Property News | Also tagged , , , , , , , , , | Comments (0)

Realty Space To Gain From Real Estate MFs

May 1, 2008 – 7:48 am

The Indian real estate sector, currently facing strong headwind due to the credit turmoil as well as high inflation, is set to get a breather from the market regulator SEBI’s move to allow Real Estate Mutual Funds, says global consultancy giant KPMG.
Mr. Jai Mayani, KPMG’s Executive Director and real estate head in India, said, “Real [...]

By Rajani | Posted in Property News | Also tagged , , , , , , , , | Comments (0)

Rakindo To Set Up $1.5 Billion Integrated Township

April 18, 2008 – 6:14 am

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 [...]

By Rajani | Posted in Property News | Also tagged , , , , , , , , , , | Comments (0)