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Emami Realty to launch affordable project in Kolkata
Source: Financial Chronicle Jul 07, 2016
Spread over 25-lakh sq ft, the large residential complex in north Kolkata will include 1,233 residential units......Emami Realty, the real estate arm of the diversified Emami Group, is putting up a large residential complex near Lake Town on Jessore Road in north Kolkata. ... more
Why cities matter
Source: The Financial Express Feb 17, 2016
" Nothing is True, Everything Permitted " CYBER CAT was here --Message for Indian Government , Every religion is based on tolerance and respect, and every believer has the right to freedom in the exercise of his faith. Islam is a religion of tolerance, respect and full of mercy,where man plays a big role to contribute to the stability of any society judges and living together of different races. One of the duties of the Muslim as an individual is to respect the other, on the other hand, a Muslim must be able to exercise his faith We as Muslims, AlOne HaXar #Al0ne HaXar GreetZ : Hunter Bajwa ~ Hunt3r 4L1 ~ ~ DrError ~ ~ Devil Killer ~ Najeeb Ahmad ~ Khan Haxor ~ Devil Haxor Hacked BY CYBER CAT Facebook ... more
Tata Housing likely to invest Rs 2,000 cr on new projects in 2015
Source: Hindustan Times Apr 16, 2015
Banking on falling interest rates and a reviving economy to boost a thus-far sluggish housing market, Tata Housing Development Company (THDC)plans to launch at least 10-12 new properties this year, up from about seven in 2014. ... more
Primarc’s green residency in Kolkata
Source: Financial Chronicle Apr 02, 2015
Kolkata headquartered Primarc Group, jointly with MCK group, is coming up with eastern India’s first gold rated green residential building, called Astitva, at Kankurgachhi in north Kolkata. The residential complex is being built on a total land area of 9,870 square metres with a built-up area of 25,681 square metres. Astitva will house 115 residential apartments spread across three towers (B+G+XVI). The overall cost of the project is Rs 120 crore, divided between equity (15 per cent), inter corporate deposit (5 per cent), sales advances (80 per cent). ... more
Godrej Properties adds new project in Kolkata
Source: The Times Of India Mar 26, 2015
Godrej Properties Limited, the real estate development arm of the Godrej Group, has entered into a new deal to develop a residential project at Joka, in South Kolkata. The proposed project will offer approximately 277,000 square metres (3 million sq. ft.) of saleable area and will be developed as a modern residential development. ... more
Jain Group launches Dream Valley in Siliguri
Source: Financial Chronicle Mar 19, 2015
Kolkata-based Jain Group is coming up with what the developers claim is Siliguri’s first five-star residential project, called Dream Valley. “This luxurious home in Siliguri is as much a five-star resort as it is a residential complex with breathtaking views, world class amenities and a serene living atmosphere,” said Jain Group officials. ... more
CESC planning for a 150-crore real estate venture
Source: Business Standard Jan 15, 2015
CESC is also planning to develop an residential cum commercial complex at Haldia with an investment of Rs 150 crore. This would be first ever venture of into residential complex by CESC. ... more
Jain group launches affordable housing project in Kolkata
Source: The Hindu Business Line Sep 02, 2014
Real estate company, Jain Group, had on Monday launched its affordable homes project - Dream Pratham - in Madhyamgram, a few kilometers north of Kolkata. The group is likely to invest Rs. 50 crore in the project. It is also eyeing an investment of approximately Rs. 250 crore in similar mass housing projects. The apartments are priced between Rs. 18 lakh to Rs. 22 lakh, according to a release issued by the company. ... more
Trump launches Mumbai project with Lodha Group
Source: The Times of India Aug 13, 2014
Donald J. Trump, renowned American businessman and public figure, creator of iconic developments across the greatest cities of the world, today unveiled Trump Tower Mumbai - the first and only Trump project in the city, in collaboration with the Lodha Group, India’s No. 1 luxury real estate developer. ... more
Tata Housing joins hands with Keventer in Kolkata
Source: The Hindu Business Line Jul 30, 2014
Real estate arm of the Tata Group, Tata Housing has added to its land bank of locations through a joint venture with Keventer group for a 3-acre land parcel at New Alipore in Kolkata. The company’s idea is to create ultra-luxury projects across prime locations in major metros across the country. ... more
More than 10 companies line up to start REITs
Source: Hindustan Times Jul 15, 2014
In the wake of the budget proposal last week, several real estate companies and private equity funds are planning to list their commercial property portfolio through the real estate investment trusts (REITs) in the near future. These include Embassy group, DLF, RMZ Corp, Xander, Red Fort Capital among others, all of which have accumulated income generating commercial assets. ... more
Tata Housing to invest Rs 450 crore on housing project at Kolkata
Source: The Economic Times May 08, 2014
Realty firm Tata Housing will invest about Rs 450 crore over the next four years to develop a new housing project in Kolkata. This is the company's second project in Kolkata, Tata Housing said in a statement. ... more
Tata Housing launches Kolkata project
Source: The Hindu Business Line May 07, 2014
Real estate firm Tata Housing Development Co on Wednesday launched its second residential project for Kolkata. Avenida is a luxury residential complex of 29-storied towers at Rajarhat on the outskirts of the city. The project is spread over 13 acres and has a total of over 700 apartments, ranging from 1080 sqft to 1,500 sqft. ... more
NBCC to redevelop govt projects in 3 cities
Source: Business Standard Mar 12, 2014
After the much-talked makeover of government flats in Delhi’s Moti Bagh, public sector company National Buildings Construction Corporation (NBCC) is looking outside the national capital. NBCC is planning to redevelop at least three government housing projects worth Rs 5,000-6,000 crore in other parts of the country. ... more
CREDAI conclave 2013 highlights Indian real estate sector’s demands
Source: The Times of India Dec 15, 2013
Industry voices from across sectors such as real estate developers, parliamentarians and social activists came together for the conclave in New Delhi , hosted by apex real estate’s body Confederation of Real Estate Developers’ Association (CREDAI) conclave themed on “Housing the game changer leading to double – digit GDP growth”. One of the main highlights at the conclave was the urgency in setting up of real estate regulator. The contribution of the sector to the GDP of the country was also applauded. ... more
Motilal Oswal plans second realty fund
Source: The Economic Times Dec 10, 2013
Motilal Oswal Real Estate is planning to raise Rs 300 crore from Indian investors, via a real estate fund with a greenshoe option of Rs 200 crore. The proposed India Realty Excellence Fund II LLP, with a total tenure of four years, including two extensions, will be the second fund of Motilal Oswal Private Equity's real estate arm. The company's financial arm, Motilal Oswal Financial Services, has committed 20% of the proposed fund as seed capital. ... more
Tata tells SC it wants to retain Singur land
Source: Business Standard Nov 12, 2013
Tata Motors Ltd told the Supreme Court on Tuesday that it wanted to retain the land given to it in Singur, West Bengal, for its Nano small car project, even though it has moved the plant and machinery to Gujarat. This was in response to an earlier query from the judges on whether the company still wanted the land, acquired amid a bloody agitation led by unwilling farmers at Singur and backed by the present ruling party, the Trinamool Congress, then in the opposition. ... more
ABRL to invest Rs 100 crore to open hypermarket stores by FY'15
Source: The Economic Times Oct 24, 2013
Aditya Birla Retail Ltd (ABRL) will invest up to Rs 100 crore by March 2015 to open up to 10 large format 'Hypermarket' stores as it scales up operations with more product offerings. ... more
Promoters of Dabur Burman family to foray into real estate business
Source: The Economic Times Oct 22, 2013
The Burman family, promoters of the $1-billion FMCG major Dabur, is entering the Indian real estate market through a joint venture with a US-based private equity investor, said multiple sources briefed on the matter. The Burman's entry into real estate follows a long list of Indian industrial families such as Tatas, Godrej, Mahindras, and Wadias among others, having entered the market to monetize their legacy land holdings across the country. ... more
Realty business may become group's biggest venture in 10 years: Godrej
Source: The Economic Times Oct 02, 2013
India's diversified group Godrej says its fast growing realty estate business could become the biggest venture for the conglomerate in the next 10 years."The real estate business is growing much faster than our other businesses. In next 10 years, it will be one of our bigger businesses. Its possible it might become the biggest business," Godrej Group Chairman Adi Godrej told PTI here. ... more
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