Tag Archives: Real Estate Development

LIC Housing To Enter Venture Funding

July 22, 2008 – 4:28 am

LIC Housing Finance, the mortgage arm of Life Insurance Corporation of India (LIC), is set to foray into the venture capital arena. It intends to start Rs 500 crore real estate fund by the end of this financial year.
LIC Housing Finance is reportedly scouting for a banking partner for raising capital and will soon approach [...]

By Rajani | Posted in Property News | Also tagged , , , , , , , , | Comments (1)

Sabarmati Project Is Coming Next Year

July 2, 2008 – 4:42 am

Real estate development at the eight hundred crore rupees Sabarmati River Front project is all set to begin by the end of this fiscal year.
About 22% of the total 168 hectares of land reclaimed as part of this key landmark project will be open for developments in both commercial and residential segments.
About 22% of the [...]

By Rajani | Posted in Property News | Also tagged , , , , , , , , , , | Comments (0)

Finolex To Sell Pune SEZ Land

May 6, 2008 – 2:47 am

MUMBAI: Finolex Industries, part of the diversified Finolex group, has decided to sell off its special economic zone (SEZ) plot at Chinchwad near Pune. It is close to signing a deal with a US-based developer to sell the land for between Rs 350 -400 crore.
For close to a year, the nine hundred fifty crore rupees [...]

By manish | Posted in Property News | Also tagged , , , , , , , | Comments (2)

SmartCity Aims Industry Township

February 5, 2008 – 7:13 am

SmartCity is the result of JV (joint venture) of two companies.  It is promoted by TECOM Investment and SAMA Dubai.  Main goal of this joint venture is to build up and administer the Knowledge Industry Townships in whole world.  TECOM is contributing its specialized skill in creation and management of knowledge based industry clusters, while SAMA Dubai is [...]

By Rajani | Posted in Property Events, Property News | Also tagged , , , , | Comments (0)