Tag Archives: Nagpur

Goel Ganga Group To Deliver Ten Thousand Flats Within Next Three Years

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.
The group [...]

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Realty Prices In Mumbai Suburbs Intends To Fall

August 9, 2008 – 2:20 am

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 (a [...]

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Vipul Ltd First Quarter Financial Result

July 26, 2008 – 9:03 am

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 [...]

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Mahindra’s Jaipur SEZ To Become Partly Operational From July

April 26, 2008 – 8:57 am

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 [...]

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Commercial Development of Vacant Railway Land

April 25, 2008 – 6:46 am

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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Provogue Sells 27 Percent Stake In Realty Unit To Fund

April 1, 2008 – 7:02 am

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.

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