Tag: Expansion Plans

Parsvnath postpones its retail forays

November 6, 2008 – 6:58 am

Parsvnath Developers Ltd, the New Delhi-based real estate developer, has postponed its retail forays due to the current economic slowdown. The company, according to a senior official, would further re-evaluate the market situation to continue the initial plan. Meanwhile, the company is close to finalize the SEZ stake sale to private equity investors. Pradeep Jain, […]

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Goel Ganga Group To Deliver Ten Thousand Flats Within Next Three Years

August 26, 2008 – 4:56 am

After delivering more than 11,000 residential flats and a number of commercial establishments in Pune, Goel Ganga group is on a major expansion mode. The group is all set to deliver 10,000 flats within next three years in prominent cities like Bangalore and Mumbai along with Pune at an estimated investment of Rs 5,000 crore. […]

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High Rentals Hit Retail Expansion Plans

August 13, 2008 – 12:21 am

The expansion plans of retail companies have taken a hit due to the rising real estate rentals. Talking to media persons, K Dasaratharaman, president (specialty retail), Spencer Retail, the retail arm of the RPG group, maintained that the real estate prices are a critical aspect while choosing the location of new stores.” Dasaratharaman said that […]

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