Property News from IndianRealtyNews

Property News from IndianRealtyNews

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DLF Plans to Renew its Kolkata SEZ

Posted: 26 May 2010 08:10 PM PDT

With improvement in the real estate sector, the country’s largest developer DLF wants to revive its plan for a special economic zone in Kolkata. The company which surrendered four SEZ projects last June due to demand shrinkage for commercial space has approached the commerce ministry for reviving the Kolkata project, an official said on Wednesday. “The [...]

Nirmal Lifestyle Plans Rs, 47000 crore Investment in Real Estate over the Next 10 Years

Posted: 26 May 2010 07:05 PM PDT

Mumbai-based real estate player Nirmal Lifestyle has drawn up a $10 billion (Rs 47,000 crore) investment plan over the next decade. “We are investing around $10 billion over the next 10 years for our proposed 20 Lifestyle Cities planned by 2020,” said Dharmesh Jain, chairman and managing director, Nirmal Lifestyle. The realty company is currently [...]

Tata Group Firm Indian Hotels Posts Net Loss of Rs 136 Crores

Posted: 26 May 2010 05:06 PM PDT

Tata Group firm Indian Hotels Company on Wednesday reported a consolidated net loss of Rs 136 crore for the year ended March 31, 2010. The company had posted a net profit of Rs 12.4 crore in the previous fiscal, Indian Hotels Company said in a filing to the Bombay Stock Exchange (BSE). "The consolidated net [...]

New Delhi Based Developer Gulshan Homz Announces Launch of Luxury Housing Project in Noida

Posted: 26 May 2010 04:14 PM PDT

New Delhi-based leading luxury real estate developer Gulshan Homz has just announced the launch of Vivante, an affordable luxury project, in Sector 137, Noida. Inaugurating the project, Gulshan Nagpal, MD, of Gulshan Homz said, "Vivante is a French word, which means 'a person with refined taste'. And Gulshan Homz is a developer with a refined [...]

Vascon Engineers Launches First Premium Housing Project in Tamil Nadu

Posted: 26 May 2010 03:18 PM PDT

Vascon Engineers has announced the launch of Tulips, their first premium housing project in Tamil Nadu, which is being developed in association with Pricol Properties Ltd, the leading real estate company in Coimbatore. Addressing the media on the occasion, R Vasudevan, managing director of Vascon Engineers, said: "We are very happy that we are making [...]

Record Real Estate Deal in Mumbai

Posted: 25 May 2010 09:11 PM PDT

It's called the biggest land deal in Mumbai. A plot of 25,000 sq metres, with a built-up area of 4,95,000 sq metres was bagged by Lodha Crown for a whopping Rs 4,053 crore, coming to Rs 81,818 per sq m. The auction was held for the built up area on Tuesday. The Lodha group quoted [...]

DLF to Launch Mumbai’s Largest Luxury Housing Project

Posted: 25 May 2010 08:56 PM PDT

DLF, the country's largest real estate company, is planning to launch its Lower Parel high-end housing project soon, said sources in the know. Touted as Mumbai's 'largest luxury residential project', the project is expected to have three towers with 1,000 apartments and one of the largest parking lots in the city. The apartments are likely [...]

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