February 20, 2013 – 4:27 pm
As the connectivity of the area got developed along with your infrastructure growth, Iyyapanthangal in Chennai has become one of the most favorite home destinations. Due to many supporting reasons Iyyapanthangal in Chennai has become one of the most favorite home destinations. Yet the growth of the area is mainly due to its infrastructure growth that […]
On Thursday, Crisil, the leading credit ratings agency, introduced real estate ratings in order to help buyers in making informed purchases so that greater transparency can be achieved. This concept of rating is launched for the first time by any Indian organization. Roopa Kudva, the Managing Director and Chief Executive Director of Crisil, told that […]
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Also tagged crest, crisil, Developer, indian organization, innovations, Launch, Managing Director, overruns, parameters, Project Completion, Real Estate, Real Estate Rating, roopa, seven stars, timely completion, transperancy
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Brigade Enterprises, a Bangalore-based real estate company is planning to raise an additional fund of Rs. 750 cr. Foreign currency convertible bonds (FCCBs)American depository receipts (ADRs), global depository receipts (GDRs) or placement with qualified institutional investors will be the key instruments for raising the fund. After the meeting yesterday, the company said to the shareholders […]
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Also tagged ADRs, american depository receipts, convertible bonds, FCCBs, foreign currency, GDRs, global depository receipts, Institutional Investors, Investment Opportunities, key instruments, Residential Units, shareholder approval, Shareholders, singapore stock exchanges, South India, Working Capital
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Last Wednesday one of the leading hotel operators, Accor and InterGlobe, a travel corporation announced that they are establishing an investment fund for a chain of hotel assets. In the fund, both InterGlobe and Accor would hold 32% equity share. Also, according to a press statement, an affiliate of Pacifica Partners (Pacifica) will have 36% […]
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Also tagged accor, Equity Share, hotel assets, hotel operators, hotels in india, hotels india, hotels mumbai, InterGlobe, investment fund, leading hotel, travel corporation
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October 6, 2009 – 12:39 pm
Madhucon Projects Ltd, a Hyderabad-based infrastructure company, has secured a $3.9 million order for a road project from the Government of Nepal. According to a company statement, the mandate involves upgradation of Sanfebagar-Martadi road under the road improvement project of the Exim Bank of India, Mumbai. It had commissioned its first BOT project on NH […]
August 12, 2008 – 4:20 am
Falcon Realty Services Private Ltd., which has spent twenty years in the land buying and dealing sector in India, is making its first step into development, the company has reported. The firm is currently in the planning plans of eco-friendly developments, with the development of infrastructure and support focusing around industrial hubs, it said in […]
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Also tagged Business Parks, Commercial Real Estate, Commercial Space, Epicenter, Falcon, Falcon Realty, Master Planned Communities, Project Management Services, Retail Projects, Smart City, Special Economic Zone
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After success into Dubai, real estate player Omaxe is all set to enter the Mauritian property market with a plan to develop a fifty acre residential project. The Delhi-based company has identified a project of fifty acres and planning to develop a residential township there. The land for the township is probably to be provided […]
German investment bank SachsenFonds (SF) has bought stake in four realty projects of London Stock Exchange listed, India-focussed realty fund Trikona Trinity Capital for Rs 607 crore ($150 million). Trikona has made returns of 115% in the transaction. In the Delhi-based Uppal IT park, SF raised its stake from 8% to 33%. In the Hyderabad-based […]
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Also tagged Asset Portfolio, Asset Value, Bandra, Binding Agreement, Crore, Development Platform, Divestment, German Bank, German Investment, Kalra, London, Memorandum Of Understanding, Public Sector Bank, Realty Fund, Redevelopment Project, Retail Project, Stock Exchange, Transaction Value, Trikona Capital
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The real estate developer Housing Development and Infrastructure Limited got the government approval for the popular Mumbai airport slum rehabilitation programme. Mr. Sarang Wadhawan, HDIL Managing Director said, “The tenement limit has been increased from 225 square feet to 270 square feet . As the size of the tenement has gone up, the transfer of […]
Australia investment bank manager Babcock & Brown hopes to invest in $2 billion of Indian property and infrastructure assets within three years and has poached nine investment bankers from ABN AMRO for the task. Mr. Jaginder Singh Pasricha, executive director for business development in India, told Reuters the infrastructure specialists he pinched from the Dutch […]
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Also tagged 1 Billion, Abn Amro, Australia Investment, Babcock, Business Development, Capital Investors, Dutch Bank, India, India Team, Infrastructure Assets, Infrastructure Fund, Investment Bank, Investment Bankers, New Boys, New Roads, Partner Companies, Power Plants, Reuters, Swoop
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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 […]
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Also tagged coimbatore, Developer, Flagship Project, Golf Course, Hole, Hospital, Koneru, Real Estate Developer, Residential, Town, Villas
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BANGALORE – IBM Corp plans to make better growth in India as part of its strategy to improve focus on promising markets and as local companies spend more on technology to cut costs and improve efficiency, an official said on Tuesday.
The realestate and constructions company IDEB is building infrastructure in all major cities of India. This will include Bangalore, Pune, Hyderabad, Jaipur, Mysore, Chandigarh, Dehradun, Kashipur and Delhi.
