Indiabulls Real Estate Ltd plans to invest 10 billion rupees to expand its retail business in the next 2-½ years. Mr. Gagan Banga, Group spokeman said that the real estate firm, which also houses the group’s retail and power businesses, expects lease rentals of 10 billion rupees from two of its properties under development in [...]
Real estate developer Nirmal Lifestyle is planning to develop 20 townships across India.
The company has marked an investment of $5 billion for the first phase, which includes five townships under the brand name of Lifestyle City, a company release said. Spread over 300-1,000 acre, the phase I townships will come up one each in Pune, [...]
By Rajani
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Posted in Property News
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Also tagged Capital Partner, Commercial Space, Global Property, Indore, Investment, Investment Officer, Lifestyle, Market, Panvel, Price, Private Equity, Property Consultant, Real Estate Developer, Sport
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Zero rentals for residential flat is fast gaining popularity in the extended suburbs of Vasai-Virar. But there’s a catch. Pay a heavy deposit, which is returned when the leave-and-licence agreement comes to an end, provided the house is returned to the owner in its original condition.
Owners are encouraging zero rentals in return for “heavy deposits” [...]
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 12 [...]
By manish
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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, Kochi, Kolkata, Pune, Savitri-GK2, Shalimar Bagh, Vasant Kunj and Saket in Delhi and Star Mall
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The Special Economic Zone being developed by Mahindras at Jaipur will become partly operational in July with first group of clients moving in, a top official said on Friday.
Mr. Arun Nanda, vice-chairman of the company told that Mahindra Lifespace Developers, the real estate and infrastructure development arm of the USD 6 billion Mahindra group, has [...]
By Rajani
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Posted in Property News
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Also tagged Development, Jaipur, Mahindra, Market, Nagpur, Nanda, Nashik, Private sector, Pune, Residential, SEZ, Special Economic Zone
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The Ministry of Railways have set up Rail Land Development Authority (RLDA) by an amendment to Railways Act, 1989 (Amendment No. 47 of 2005) for commercial development of vacant railway land for generating revenue. So far 115 sites, covering a total area of 1139 hectares (approx) have been entrusted to the Authority for commercial development [...]
By Rajani
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Posted in Property News
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Also tagged agra, Ahmedabad, Amritsar, anand vihar, Bangalore, bhopal, bhubaneshwar, bijwasan, carnac bunder, Chandigarh, Chennai, Commercial property, delhi, gaya, guwahati, habibganj, howrah, Jaipur, kanpur, Land, lucknow, mathura, Nagpur, New Delhi, patna, Pune, railways, RLDA, secunderabad, thiruvananthapuram, tirupati, varanasi
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MUMBAI: Retard in the real estate market notwithstanding, land deals in India are thriving. According to a current study, the total value of such deals, in the first three months of 2008, have touched around Rs 23,000 crore, while another Rs 10,000-crore worth deals are in the pipeline.
A study by top brokerage JPMorgan shows that [...]
April 11, 2008 – 12:18 pm
Real estate and textile firm Modern India Ltd said it is in talks with private equity players to dilute the founders’ stake and sell stake in its special economic zone unit.
Mr. V K Jatia, Chairman and Managing Director, Modern India Ltd, said, “We are in talks with 2-3 players, and we will finalize in the [...]
Very first green building complex is all set to come up on a sprawling fifty two thousand square meter plot in Borivali. This project is part of the BMC’s upgradation plans for its Civic Training Institute & Research Centre (CTIRC), which is near to the National Park. Mr. P K Das, consultant of the project, [...]
By Rajani
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Posted in Property News
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Also tagged Bmc, Borivali, Building Complex, Chennai, CTIRC, Environmental Design, Gurgaon, Itc, LEED, Solar Energy, Upgradation
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Matheran Realty, A known Real estate firm, announced on Friday that it will build an integrated township at Karjat. The main aim behind this township is to cater for the need of the people with low income .
The flats will be of sizes of 3 hundred to 5 hundred sq feet and priced at Rs 999 per sq [...]
