Property News from IndianRealtyNews |  |
| Bata India reworks real estate plans Posted: 04 May 2010 10:14 PM PDT Bata India, which firmed up a joint venture with Calcutta Metropolitan Group in 2005, to create an integrated township on Bata land in south 24-Parganas, has reworked the agreement to derisk its business. A Bata India release said under the new agreement arrived at last week, it will receive Rs 100 crore upfront in cash for [...] |
| Wadia’s Planning Major Entry into Property Business Posted: 30 Apr 2010 06:37 PM PDT Wadia Group chairman Nusli Wadia is diving headlong into the property business, putting his younger son Jeh Wadia in charge of projects for building malls, five-star hotels and upscale homes on the family's sprawling land assets. Senior group executive Kaushik Kona was recently shifted from the corporate headquarters to head struggling low-cost airline GoAir so [...] |
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