January 9, 2009 – 12:38 am
With the information technology and business process outsourcing companies facing an uncertain future following a recession in the US, some real estate players developing space for these companies are being forced to shelve their projects, while others are slashing their rentals and renegotiating lease agreements to stay afloat. For these real estate developers, already reeling […]
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Also tagged Breakneck Pace, Business Process Outsourcing, Credit Crunch, Economic Crisis, Electronic City, Harsh Reality, Housing Development, Lease Agreements, Office Spaces, Real Estate Developers, Realty Firm, Work Outsourced
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December 13, 2008 – 3:56 am
DLF Ltd has cut its current fiscal deliverable targets by about 33% following the deterioration in the housing and commercial property market. The company is now expecting to deliver 15 million square feet against a guidance of 22-24 million square feet at the beginning of this fiscal. It has completed about 7 million square feet […]
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Also tagged Commercial Hub, Connaught Place, Estate Projects, Hyderabad, Income Housing, Indore, New Delhi, New Projects, Panchkula, Ramesh, Realtor, Segment, Slump, Verticals
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August 27, 2008 – 2:58 am
Housing Development and Infrastructure Ltd (HDIL), India’s third largest developer by market value, plans to raise Rs1,000 crore within a year to buy land and relocate 80,000 slum families for the Mumbai airport modernization project. The project will entail the country’s single largest rehabilitation exercise, even bigger than the Dharavi project, which will relocate 55,000 […]
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Posted in Property News
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Also tagged Business Structure, Commercial Projects, Commercial Space, Finance Firm, Gvk, Hdil, Housing Development, Infrastructure Ltd, Kurla, Modernization Project, Mumbai Airport, Premier Automobiles, Rehabilitation Exercise, Slum
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Brigade Enterprises, a Bangalore-based real estate developer, has bagged 5 acres in Kochi to build up IT office space. The company acquired the land in the processing area of Kochi’s Info Park Special Economic Zone (SEZ). Government of Kerala will develop IT Park in Kochi which will be known as Info park. For the project, […]
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.
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Also tagged Bse, Colombo, Company, Company Shares, Constructions, Dividend, Equity, General Meeting, Hyderabad, India, Project, Puravankara Projects, Real Estate, Sanction, Share, Sri Lanka, United Arab Emirates
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Chandigarh: DLF, a leading real estate player in the country, plans to invest Rs 1,250 crore for the development of its multiplex business. The company has planned to add minimum 500 screens in the next four to five years across the country. DLF’s entertainment arm DT Cinemas will set up a megaplex, which will have […]
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Posted in Property News
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Also tagged Ahmedabad, Bangalore, Chandigarh, Chennai, DLF, DLF Infocity, Goa, Gurgaon, Hyderabad, IT Park, Kolkata, Mumbai, Pune, Savitri-GK2, Shalimar Bagh, Vasant Kunj and Saket in Delhi and Star Mall
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KOCHI: The Dewa Group promoted by NRI businessman K Venugopalan Nair is foraying into the real estate sector in Kerala with an Rs30 billion project, which includes a super luxury apartment complex on the Marine Drive here. The complex ‘Dewa Royale’, spread across six acres of premium property reclaimed as part of the Goshree project, […]
January 11, 2008 – 1:31 am
Leading real estate developers like Ansals, Confident Group, DLF, Emaar MGF, Housing Development and Infrastrure, Nitesh Estates, Oceanus, Prestige Group, Purvankara, Sobha Developers, Unitech and Parsvanath Developers all have shown their interest for investment in kochi. All leading real estate developers have invested over $2.5 billion. Kochi is known as the industrial center of kerala. […]
