Tag: Realties

Essar Arm Wins Nagpur Hotel Project

August 4, 2008 – 1:01 am

Essar Realty Holdings—the real estate arm of the Essar Group—has won the bid for building a Rs 500-crore five-star hotel, utility centre and a multiplex at the upcoming Multimodal International Hub Airport in Nagpur. The realty firm has also formed a joint venture with the US-based hospitality group Accor Hospitality to develop and manage the […]

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NITCO Will Establish Separates Realty Company

January 28, 2008 – 7:28 am

21 January 2008: NITCO Group has decided to hive off its realty business into a separate company. Till now, NITCO is into tiles and real estate and distribution both. At present NITCO real estate arm is at 500 crore. NITCO will list NITCO Realties when its real estate arm achieves sales of Rs 1,000-1200 crore.

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