Property News from IndianRealtyNews

Property News from IndianRealtyNews

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UAE Based RAK Properties Looking for Investment from Indian HNIs

Posted: 23 Jul 2010 03:27 AM PDT

RAK Properties, a public joint stock company of Government of Ras-Al-Khaimah, UAE, is wooing Indian businesses and high net worth individuals to invest in three major real estate ventures it has taken up including a $3.67-billion Mina Al Arab project, which has both commercial office and residential space. Other projects include RAK Towers Marina and [...]

Brigade Enterprises Seeks shareholders’ Approval to Raise Rs 750 crore of Additional Funding

Posted: 23 Jul 2010 03:26 AM PDT

Bangalore-based real estate company, Brigade Enterprises has sought shareholders' approval to raise Rs 750 crore of additional funding. The money will be raised through various instruments such as global depository receipts (GDRs), American depository receipts (ADRs), foreign currency convertible bonds (FCCBs) or via placement with qualified institutional investors. In a note to shareholders, ahead of the [...]

SVP Group and Ashiana Homes Come Together to Make Luxury Villas in Gaziabad

Posted: 23 Jul 2010 03:18 AM PDT

The SVP Group and Ashiana Homes have come together to introduce luxury living at Villa Anandam on the Meerut Road, NH-58, Ghaziabad. The 198 villas will be spread over 12 acres and are expected to be ready for possession by mid-2012. The total cost of this project will be Rs 150 crore. Villa Anandam has rail [...]

Wadhawan Retail Decides to Shut Down Spinach

Posted: 23 Jul 2010 03:16 AM PDT

Wadhawan Retail has decided to shut its Spinach food and grocery stores, multiple people familiar with the development, including one senior executive of the group, said. Most of the 45 Spinach outlets will down shutters by the end of this month and many suppliers have snapped their relationship with the company because of huge outstanding bills, [...]

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