September 3, 2008 – 9:33 am
Millennium Spire Limited, an ‘Alternative Strategies Fund’ under the UK-based Millennium Global Umbrella, has entered the Indian realty sector unveiling its maiden platform for developments in the Indian market, Spire World. It is a platform that would drive development of mainstream green projects of Millennium Spire in the country. This has also marked the launch […]
August 22, 2008 – 6:17 am
Mr Anand Reddy, Director of PBEL Property Development India Pvt Ltd, an Indo Israeli joint venture, poses with a model of PBEL City, a township comprising thirteen residential and two commercial towers of nineteen storey each on a twenty eight acre area situated in Hyderabad development Corridor in Rajendranagar mandal. PBEL, an Indo Israeli joint […]
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Also tagged Airports, Anand, Chennai, Commercial Towers, Commercial Venture, Development India, Executive Director, Hyderabad, India Pvt Ltd, Indo, Interior Design Solutions, Mysore, Solutions Provider, Two Towers
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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 […]
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Also tagged Agricultural Land, Bank Ltd, Bengal, coimbatore, Hedge Fund, Indirect Employment, Institute Of Technology, Joint Ventures, Ps Group, Pune, Real Estate Developer, Residential Project, Retail Space, Sampath Bank, Service Sector, Special Economic Zone, Sq Ft, Sri Lankan, Technology Park
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Sobha Developers, a Bangalore-based realty major focussed on residential space, is looking at diversifying its portfolio through slum redevelopment schemes and special economic zones (SEZs), retail and commercial projects. Mr. Raghav Menon, Executive director, said that the company would build an SEZ in either Tamil Nadu or Kerala. He said, “We haven’t decided on the […]
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Also tagged Bangalore, Commercial Projects, Crunch, Hyderabad, Investment, Land Acquisition, Liquidity, Mysore, Orissa, Private Equity, Pune, Residential Space, SEZ, Slum, Special Economic Zones, Tamil Nadu
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MUMBAI: Finolex Industries, part of the diversified Finolex group, has decided to sell off its special economic zone (SEZ) plot at Chinchwad near Pune. It is close to signing a deal with a US-based developer to sell the land for between Rs 350 -400 crore. For close to a year, the nine hundred fifty crore […]
The Ascott Group (Ascott) has acquired its first serviced residence with more than two hundred units in Ahmedabad. The investment is a joint venture with The Rattha Group (Rattha), a company in the field of exports, infrastructure development and leasing. Ascott has invested more than two hundred fifty million rupees for the project and will […]
ARCH Capital Asian Partners L.P., the private equity real estate fund of Ayala group, has formed a JV with the Mahindra Group of India for the development of a residential community in Chennai.
Russian conglomerate Sistema, on Tuesday declared that it plans to invest $100-200 million in developing hotels, offices and residential complexes in major cities of India. The revelation came after the company’s decision to invest $5 billion in the country’s telecom sector earlier in the year. Sistema has confirmed an coalition with India Shyam Group, which […]
Apparel retailer Provogue India Ltd said on Tuesday it has sold 27 percent stake in a unit of real estate arm Prozone Enterprises Pvt Ltd for 4.57 billion rupees. The stake has been acquired by Triangle India Real Estate Fund, promoted by Old Mutual Investment and ICS Realty.
February 5, 2008 – 7:13 am
SmartCity is the result of JV (joint venture) of two companies. It is promoted by TECOM Investment and SAMA Dubai. Main goal of this joint venture is to build up and administer the Knowledge Industry Townships in whole world. TECOM is contributing its specialized skill in creation and management of knowledge based industry clusters, while SAMA Dubai is […]
January 28, 2008 – 7:41 am
21 January 2008: Emaar MGF and Fortis Healthcare plan to form a joint venture to set up 25 hospitals across major cities in India, with an investment of Rs 1,200 crore. Main aim of this healthcare plan is to provide the features of “one-stop shop”. That’s why they have decided that hospitals will provide upper […]
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Also tagged Economic Zones, Emaar MGF, Emaar Properties, Estate Projects, Fortis, Fortis Healthcare, Fortis healthworld, Healthcare Plan, Hospital, Initial Public Offer, Joint Venture Agreement, Leading Real Estate, Major Cities In India, Memorandum Of Understanding, Mohali, Mohan Singh, MoU, North India, Pathology Laboratories, PJSC, Retail Education, SEZ, SRL Ranbaxy, Tertiary Levels
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