DLF launches 1,300 plots at Indore, expects sales of Rs 300 crore

Published: May 31, 2011

As part of the company’s strategy to focus on plotted development, the country’s largest realty firm DLF today launched 1,300 plots at Indore, expecting a sales realisation of about Rs 300 crore from it.
The company is developing an integrated township, Garden City , spread over 192 acres. In the first phase, it had launched 500 [...]

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Mumbai Based Patel Realty Plans to Launch Projects worth Rs 300 cr

Published: May 27, 2011

Patel Realty India Ltd, a wholly-owned subsidiary of Mumbai-based publicly-held Patel Engineering Group, plans to launch 3-3.5 million sq ft of projects valued around Rs 300 crore during the present financial year across the country. Presently, around 7 million sq ft of real estate space is under construction across verticals like residential, commercial and retail [...]

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Fall in Office and Commercial Space Demand in Mumbai

Published: May 26, 2011

Mumbai, India’s business capital, is witnessing a fall in demand for office and commercial space with transactions down by more than half since last year. Swanky office space in the heart of Mumbai, but it seems there are few takers. According to a Knight Frank India report, “office traction at a glance”, demand for commercial [...]

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UP Govt Announces 12.5% Hike in Land Prices at Greater Noida

Published: May 24, 2011

After violent farmers’ protests for enhanced land compensation, authorities  of  Noida, Greater Noida and Yamuna Expressway on Monday decided to hike land rates by 12.5 per cent. To compensate the loss, authorities have also hiked land allotment rates by the same percentage. This was announced by Chairman Mohinder Singh at a press conference in the [...]

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Tata Housing to Launch Luxury Residential Project in Gurgaon at an Investment of Rs 2000 crore

Published: May 18, 2011

Tata Housing Development Company Ltd today said it will invest Rs 2,000 crore in the next three years to build a luxury housing project in Gurgaon and also announced its plans to foray into the overseas market this fiscal. The Mumbai-based realty firm, a subsidiary of Tata Sons, said it is exploring the option of [...]

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Kolkata Based Developer ‘Eden Group’ Plans 7-8 New Projects at an Investment of Rs 250cr

Published: May 5, 2011

Eden Group, one of the leading real estate developers from Kolkata, is planning to launch 7-8 new projects within the next one year with a total developable area of over 1 million square feet. All these projects will be launched in and around Kolkata with a total investment of Rs 250 crore, including the land [...]

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Piramal Realty Ltd Plans 5 Residential Projects in Mumbai

Published: May 4, 2011

Piramal Group chairman Ajay Piramal’s newest venture, Piramal Realty Ltd, will kick off with five residential projects in Mumbai at an estimated investment of about Rs. 1,500 crore. The company will develop about 30 million sq. ft through land acquisitions funded from its own sources, without any borrowing, managing director Khushru Jijina said. “We are [...]

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Adani Realty Forays Into Delhi-NCR, Inks JV with M2K

Published: May 3, 2011

Adani Realty Business and Delhi-based realtor M2K Group will jointly develop residential projects on 41 acres of plot the latter owns in Gurgaon, near Delhi, marking Adani’s foray into the Delhi-NCR.
The real estate arm of the ports-to-edible oil Adani group will develop two projects on separate parcels of land. The projects will cost 1,500 crore [...]

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