Tag: Residential Project

CMDA permits residential project in industrial land

In a rare case, Chennai Metropolitan Development Authority (CMDA) allowed construction of residential project in industrial land. Industrial land owned by Hindustan Teleprinters Limited has been left without any takers for over five years. The owners failed to draw any taker to the land which is termed industrial land by the government. Fed up with […]

Oyster Grande Gurgaon: Adani Realty-M2K’s Joint-Launch

Oyster Grande Gurgaon is to be launched by Adani Realty, in association with M2K. Adani Conglomerate’s real estate wing- Adani Realty has declared its tie up with Delhi-based M2K Group. Oyster Grande Gurgaon is a premium housing project. Both the real estate firms will have equal shares in this premium project. Oyster Grande Gurgaon is […]

Shangri-La; New Residential Project

Photo by Ravi Karandeekar On Friday, Alembic, India’s oldest pharmaceutical company announced its entry in real estate sector as it has launched a company called Alchemy Real Estate. The CEO of this company will be Mr. Udit Amin, son of chairman and managing director of Alembic Limited Chirayu Amin. The city-based pharmaceutical major Alembic had […]

Residential Project launched in Mumbai

Borivli, in Mumbai’s western suburb is to be gifted with a residential project brought by Gitanjali Gems Ltd who is the leading diamond jewelery manufacturer and retailer. The project is spread over an area of 400,000 sq ft. the project consists of two similar wings residential towers having 28 stories each with ultra modern amenities […]

New Project launched in NCR

Godrej Properties are entering NCR with their first residential project in Gurgaon.  The project will be developed in partnership with Frontier Home Developers on an area of 1.05 million sq. ft. on nine acres of land. Pirojsha Godrej, the Director of Godrej Properties Ltd. said on Wednesday that GPL is now operating in 11 cities […]

‘Inno GeoCity’; a residential project

‘Inno GeoCity’; a residential project, is launched by Inno Real Estate in Oragadam near Chennai. This firm is a division of Inno while Inno is a , a global investment group focussed on Indian real estate with operations in India, Middle East and Europe. On Monday, Rajamannar Ramaswamy, the Group Managing Director said that GeoCity […]

Rs. 1000 cr. fund to Realty by ICICI Venture

May 06, 2010 It has been known through some sources that by the end of this month, the venture capital firm promoted by ICICI Bank, the ICICI Venture is expected to launch a fund of Rs 1,000-crore for the domestic realty to invest in country’s residential projects. The plans are to end the fund in six […]

Jaypee Greens Sports City announced in Greater Noida

Photo by Carlos Lorenzo Jaiprakash Associates (Jaypee Greens) have announced the launch of their new project “Jaypee Greens Sports City”, a luxury township with residential and sports facilities, near the Taj Expressway (connecting Greater Noida to Agra). “The Sports City is positioned for everyone who appreciates luxurious surroundings and spaces equipped with sports and recreational […]

Raheja Prices Villas At Rs 6 Crore

Real estate entrepreneur Vijay Raheja has lined up a raft of projects in Mumbai and Bangalore for the next six months to a year—braving a slump in the property market after splitting the family business with his brother in July—and started with a development targeted at the rich. His company, V Raheja Design Construction launched […]

Design Arch To Invest In Greater Noida

Real Estate firm Design Arch said that it will develop a residential project with application of green technology in Greater Noida, which could entail an investment of Rs 150 crore. Besides, the company plans to develop 10 such e-house projects in the metro cities across the country by 2010-11. “We have just announced our first […]

QVC Realty To Raise Funds For Spreading Out In South

Real estate developer QVC Realty plans to raise Rs 600 crore in 2009 through a mix of equity and debt, primarily to buy large tracts of land in the south, especially closer to the new airports in Bangalore and Hyderabad. According to a senior official of the IL and FS backed QVC, it plans to […]

Ansal’s Township In Greater Noida

Ansal Properties and Infrastructure Ltd, has launched an ambitious 2500-acre township project adjoining Greater Noida, in Uttar Pradesh. The company plans to invest Rs 26,800 crore over the next five years in developing this project. The township, branded The Megapolis, is extendable to around nine thousand acres, which means that the company has an option […]

Omaxe To Enter Into Mauritius Real Estate

After success into Dubai, real estate player Omaxe is all set to enter the Mauritian property market with a plan to develop a fifty acre residential project. The Delhi-based company has identified a project of fifty acres and planning to develop a residential township there. The land for the township is probably to be provided […]

Indian Company Plans IT Park In Lanka

City-based real estate developer PS Group is setting up an IT park in Sri Lanka with an investment of $80.4 million. The company has entered into a joint venture with Sri Lanka Institute of Technology and Infinity Parks Ltd, another city-based real estate company, to develop this project. Mr. Pradip Chopra, chairman and managing director […]

Mahindra, Billimoria To Develop MIHAN

Mahindra Lifespaces and B E Billimoria have won a bid to develop a 25 acre residential project at Multi-modal Internal Hub Airport (MIHAN) at Nagpur. The consortium will form a special purpose vehicle to implement the project with Mahindra Lifespaces holding 70% stake and 30% equity stake held by B E Billimoria.

Lok Housing Constructs Residential Projects In Bangalore, Mumbai, Pune

Mr. Lalit Gandhi, chairman and managing director, Lok Housing & Constructions says that they have decided to initiate around eight projects in Mumbai, Navi Mumbai, Pune and Bangalore in coming six months. The proposed projects will cover 42-50 million sq ft saleable area, and 60 % of this will be residential development and is likely […]