October 22, 2008 – 5:09 am
Phoenix Group Global, a promoter of luxury resorts, on Tuesday announced the launch of its own brand of Zuri luxurious hotels and resorts in India. The first five-star hotel will open at Whitefield in Bangalore in January next year, said Priti Chand, media officer of the business group. “We are acquiring land for five other […]
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Also tagged Abhishek, Aditya, Carlson Hotels Worldwide, Country Inns And Suites, Floriculture, Hospitality Real Estate, Hotels In Goa, Indian Arm, Luxury Resorts, Multinational Conglomerate, Phoenix Group, Plaza Resort And Spa, Radisson Plaza, Radisson White Sands, Radisson White Sands Resort, Resort And Spa, Visakhapatnam, White Sands Resort, Whitefield
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October 15, 2008 – 7:53 am
An entire township of nearly four thousand new homes is being built in Southern India, dubbed a “mega project” for the country’s building boom. Sahara Prime City, the real estate arm of Sahara India Pariwar, is building the project in Coimbatore as part of what it says will be a vast chain of townships in […]
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Also tagged Ahmedabad, coimbatore, Earthquakes, Jodhpur, Residential Units, Rise Apartments, Roy Head, S Real Estate, Sahara City, Sahara India Pariwar, Solapur, Townships
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August 26, 2008 – 4:56 am
After delivering more than 11,000 residential flats and a number of commercial establishments in Pune, Goel Ganga group is on a major expansion mode. The group is all set to deliver 10,000 flats within next three years in prominent cities like Bangalore and Mumbai along with Pune at an estimated investment of Rs 5,000 crore. […]
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Also tagged Ambitious Project, Bangalore, Cinema Multiplex, Commercial Complexes, Commercial Establishments, Commercial Space, Expansion Mode, Expansion Plans, Hospitality Business, Hospitality Sector, Real Estate Sector, Residential Flats, Residential Projects, Screen Cinema, Tree Hotel
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Property prices in mumbai suburbs have started cooling down and by March 2009 the fall would be anything between 10% to 20% from now, real estate consultancy firm Jones Lang LaSalle Meghraj said. “There is no sign of propoerty prices coming down in the heart of Mumbai because of almost zero supply. But, beyond Borivali […]
Vipul Ltd India’s leading real estate developer, has recorded revenues of Rs 81 crore for the quarter ended 30 June 08 an increase of 5% from seventy seven crore rupees in Q1FY08. EBITDA for the Q1FY09 stood at Rs 15.38 crore, up by 21 percent as compared to Rs 12.74 crore in the corresponding period […]
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, […]
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Also tagged Development, Jaipur, Mahindra, Market, Mumbai, 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 […]
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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, Mumbai, New Delhi, patna, Pune, railways, RLDA, secunderabad, thiruvananthapuram, tirupati, varanasi
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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.
