Tag: Project

Puravankara Projects board recommends 40% final dividend

The board of directors of Puravankara Projects has recommended a final dividend of forty percent, or two rupees share on equity share of five rupees each for the recent year. The payment is subject to the sanction of the shareholders at the yearly general meeting.

Parsvnath Developers To Develop Hotel-Cum-Mall In Lucknow

New Delhi-based real estate developer, Parsvnath Developers, plans to develop a mixed-use project, Parsvnath Planet Plaza, in Lucknow. The entire project is expected to incur an approximate cost of Rs 120 crore.

Indian Property Expo In Qatar

India property expo in Qatar is in the eyes of investors. More than thirty Indian builders are participating in this expo with their home projects. This expo is going on in Ramada plaza hotel. The two-day expo was opened by Dr. Mohan Thomas, President of the Indian Community Benevolent Fund. The expo will showcase projects […]

Parsvnath sells 30 % stake of Mumbai project

MUMBAI – Real estate firm Parsvnath Developers Ltd has sold thirty percent stake in a Mumbai project to foreign funds for 1.86 billion rupees, the company said in an announcement on Thursday. Shares in the company hit a high of 217.65 rupees on the news, and were trading 4.57 % higher at 216.30 rupees. Parsvnath […]

ACI enters Indian real estate market

ACI Real Estate, an associate of German investment company Alternative Capital Invest GmbH, on 9th April entered the Indian real estate market through its franchisee, Hyderabad based Global Properties. This marks the initial phase of ACI’s Indian franchisee network, which is being launched to serve the firm’s real estate portfolio in the UAE, at present […]

Provogue Sells 27 Percent Stake In Realty Unit To Fund

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.