August 12, 2008 – 4:20 am
Falcon Realty Services Private Ltd., which has spent twenty years in the land buying and dealing sector in India, is making its first step into development, the company has reported. The firm is currently in the planning plans of eco-friendly developments, with the development of infrastructure and support focusing around industrial hubs, it said in […]
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Also tagged Business Parks, Commercial Real Estate, Commercial Space, Epicenter, Falcon, Falcon Realty, Infrastructure, Master Planned Communities, Project Management Services, Retail Projects, Smart City
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New Delhi:The Center cleared twenty-three new special economic zones (SEZs), including seventeen projects for setting up information technology and IT-enabled services (ITeS) zones, besides giving in-principal approval to six proposals. The Board of Approval of the Special Economic Zones, headed by Union Commerce Secretary G. K. Pillai, considered a total of thirty-four SEZ proposals, including […]
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Also tagged Commerce Secretary, Electronic Hardware, Information Technology Infrastructure, Infrastructure Ltd, Kerala State, New Delhi, Proposals, Real Estate, S2tech, Sezs, State Information Technology
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Real estate firm Parsvnath Developers Ltd expects stake dilution in individual projects to help it control its debt and hold margins in a rising interest rate regime, a top official said. The New Delhi-based developer reported a 16% drop in first quarter net profit at 712.9 million rupees. Net sales were also disappointing, up just […]
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Also tagged Basis Points, Cost Of Borrowing, Home Loans, Hotel Projects, Input Costs, Interest Costs, Parsvnath, Private Equity Deals, Real Estate Developers, Real Estate Developers In India, S Central, Unfinished Projects
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Landmark Land Holdings Pvt Ltd, the real estate investment arm of the Dalmia group, has acquired 10 % equity stake in an Integrated Township and Special Economic Zone (SEZ) project at Hinjewadi, Pune, being developed by Kumar Builders. The proposed SEZ will be established in 124 acres of land, adjacent to the Rajiv Gandhi Software […]
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 […]
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Also tagged Agricultural Land, Bank Ltd, Bengal, coimbatore, Hedge Fund, Indirect Employment, Institute Of Technology, Joint Venture, Joint Ventures, Ps Group, Pune, Real Estate Developer, Residential Project, Retail Space, Sampath Bank, Service Sector, Sq Ft, Sri Lankan, Technology Park
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Real estate developer BPTP Group has paid Rs 1000 crore to the Noida authorities as the first instalment for its ambitious 95-acre project. The privately held developer said that the rest of the payment, of Rs 250 crore, would be made very soon. DNA Money had last week reported about BPTP making the payment early […]
Brigade Enterprises, a Bangalore-based real estate developer, has bagged 5 acres in Kochi to build up IT office space. The company acquired the land in the processing area of Kochi’s Info Park Special Economic Zone (SEZ). Government of Kerala will develop IT Park in Kochi which will be known as Info park. For the project, […]
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.
Finolex Industries has planned to sell off its special economic zone plot at Chinchwad near Pune. It is close to signing a deal with a US-based developer to sell the land for four hundred crore rupees. The 950 crore rupees maker of PVC pipes and fittings had been weighing two options for the 78 acre […]
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Also tagged Cables, Fair Weather, Finolex Industries, India Ventures, Information Technology, Mega Power, Modalities, Power Plant, Pvc Pipes And Fittings, Ratnagiri, Tishman Speyer
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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 […]
The Special Economic Zone being developed by Mahindras at Jaipur will become partly operational in July with first group of clients moving in, a top official said on Friday. Mr. Arun Nanda, vice-chairman of the company told that Mahindra Lifespace Developers, the real estate and infrastructure development arm of the USD 6 billion Mahindra group, […]
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Also tagged Development, Jaipur, Mahindra, Market, Mumbai, Nagpur, Nanda, Nashik, Private sector, Pune, Residential, SEZ
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ARCH Capital Asian Partners L.P., the private equity real estate fund of Ayala group, has formed a JV with the Mahindra Group of India for the development of a residential community in Chennai.
April 11, 2008 – 12:18 pm
Real estate and textile firm Modern India Ltd said it is in talks with private equity players to dilute the founders’ stake and sell stake in its special economic zone unit. Mr. V K Jatia, Chairman and Managing Director, Modern India Ltd, said, “We are in talks with 2-3 players, and we will finalize in […]
