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 [...]
February 18, 2008 – 8:59 am
The real estate development in Ahmedabad has seen tremendous growth over the past two years. The property prices have shot up faster than even Delhi or Mumbai and investors are making beeline to buy them.
A. Mukhopadhyay, an NRI is looking to purchase a house in Ahmedabad. Mukhopadhyay has his roots in Kolkata but he is [...]
January 28, 2008 – 8:52 am
Oberoi Constructions Private Ltd is well-known as leading developer. Now Oberoi group is on the way of expansion. They have decided to set up three ‘Oberoi Garden city’ township in Bangalore, Pune and Hyderabad. Initially they started ‘Oberoi Garden city’ project for Gurgaon east and Mumbai. New three townships will start with an [...]
By Rajani
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Posted in Property News
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Also tagged Developers, Garden city, Garden City Township, Gross Revenues, Gurgaon, Hospitality, Hospitals, Initial Public Offering, Initial Public Offering Ipo, Investments, IPO, Managing Director, Oberoi Construction, Oberoi Constructions, Pune, Real Estate, Townships, Vikas Oberoi
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January 28, 2008 – 7:32 am
Mr. Lalit Gandhi, chairman and managing director, Lok Housing & Constructions says that they have decided to initiate around eight projects in Mumbai, Navi Mumbai, Pune and Bangalore in coming six months.
The proposed projects will cover 42-50 million sq ft saleable area, and 60 % of this will be residential development and is likely to [...]
By Rajani
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Posted in Property News
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Also tagged Bangalore, Constructions, Kalyan, Lok housing and construction, Mr Gandhi, Navi Mumbai, Pune, Residential Development, Residential Project, Residential ProjectsWhitefield, Residential Purpose
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January 28, 2008 – 7:28 am
21 January 2008: NITCO Group has decided to hive off its realty business into a separate company. Till now, NITCO is into tiles and real estate and distribution both. At present NITCO real estate arm is at 500 crore. NITCO will list NITCO Realties when its real estate arm achieves sales of [...]
By Rajani
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Posted in Property News
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Also tagged Alibaug, Commercial Projects, Estate Projects, Goa, Group Companies, Maharashtra, NITCO, Private Equity Deal, Promoter Group, Real Estate, Realties, Realty business, Separate Company, South Mumbai, Strategic Partnership, Talwar, Vivek
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