Tag Archives: Property Developer

Matheran Realty To Sell Residential Units At Karjat

August 12, 2008 – 4:22 am

Property developer Matheran Realty said that it will sell 15000 residential units in its Karjat project at Rs 999 a square feet.
The company is setting up Rs 900-crore mixed-use project at Karjat on 100 acres of land.
Pravin Banavalikar, Chief Executive Officer, Tanaji Malusare City said, “The project will have 10%-15% reserved for commercial purposes which [...]

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Real Estate Boom In Multi-Cultural City Lucknow

June 16, 2008 – 8:24 am

LUCKNOW, the ‘Shiraz of Awadh’ and ‘Constantinople of India’, as it is metaphorically called, is the capital of Uttar Pradesh. Located in what was historically known as the Awadh region, Lucknow has always been a multi-cultural city.
The real estate sector is seeing hectic activity, with every major property developer operating in North India launching projects [...]

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Will Property Price Come Down In The Near Future?

May 26, 2008 – 6:19 am

Many expect a further correction in home prices in India. Since the volumes of property transactions are going down, hence the asking price for property will also go down. Additionally, over-supply of property is posing as a major reason for the slow down in Real Estate prices.Recent media reports have also suggested the same trend. [...]

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Hyper City Retail To Focus On Big Box And Multi-Channel Format

May 13, 2008 – 5:24 am

Hyper City Retail, part of Mumbai-based K Raheja Corp, which also owns the Shoppers Stop chain of department stores, has called off plans to launch convenience formats, ExpressCity, announced last year. The retailer is instead shifting its growth plans to focus on the big box format and multi-channel retailing.
Officials said it made better business sense [...]

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Indian company to develop Sri Lankan condo

March 16, 2008 – 6:25 pm

Mumbai-based property developer Natvar Parikh & Co has signed an agreement with Sri Lanka´s investment promotion agency which will look after the Indian company construct US$13 million, 272-unit luxury condominium development in the island´s inland capital, Colombo.
As par Lanka Business online, Natvar Parikh & Co´s deal with the Sri Lankan Board of Investment (BOI) will [...]

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