Tag: Orissa

Orissa Govt plans to develop 5000 affordable houses

April 11, 2013 – 5:52 pm

Orissa government will develop 5000 affordable housing units in Bhubaneswar. The state government plans to launch the scheme in collaboration with the city-based developers. BHUBANESWAR: The capital city of Orissa is now witnessing an increased demand for affordable homes. As the city is growing fast; providing better job opportunities, there is a better flow of […]

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Golden Forest Land Set To Change Hands

September 9, 2008 – 7:24 am

In what could lead to one of the biggest land transactions in the country, the Supreme Court will hear on September 16 two companies who have put in bids to acquire the entire land assets of the infamous Golden Forest India (GFIL) which is under liquidation. These two companies are Vavasi Group promoted by National […]

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Domestic Hospitality Under Transformation

July 21, 2008 – 5:09 am

The domestic hospitality industry is undergoing rapid transformation, with several hotel groups investing in new properties across India and the globe. Additionally, real estate players are entering the industry through management contracts with established hotel chains. This expansion in the hospitality business is taking place on account of the massive growth that India is likely […]

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Sobha Looks Forward For Slum Redevelopment

June 4, 2008 – 2:57 am

Sobha Developers, a Bangalore-based realty major focussed on residential space, is looking at diversifying its portfolio through slum redevelopment schemes and special economic zones (SEZs), retail and commercial projects. Mr. Raghav Menon, Executive director, said that the company would build an SEZ in either Tamil Nadu or Kerala. He said, “We haven’t decided on the […]

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Axis PE Invests Rs 126 Crore In HCIL

May 18, 2008 – 4:58 am

Axis PE has invested thirty million dollars, approx 126 crore rupees, in Delhi-based railway line manufacturer Harish Chandra India Limited (HCIL), through its recently-launched Axis Infrastructure Fund-I.

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