Property News from IndianRealtyNews

Property News from IndianRealtyNews

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19% Rise in Ashiana Housings Profit

Posted: 18 Nov 2010 10:20 PM PST

Realty firm Ashiana Housing Ltd has reported 19 per cent increase in its profit before tax (PBT) to 7.95 crore, as against Rs 6.69 crore in the year-ago period. The company’s revenues rose by 16 per cent to Rs 29.41 crore from Rs 25.27 crore in the corresponding quarter of last year, the company [...]

Sobha Developers Launches New Residential Project in Pune

Posted: 18 Nov 2010 10:18 PM PST

Bangalore-based realty firm Sobha Developers Ltd (SDL) is set to launch its new residential project — Sobha Ivory — at Kondhwa, Pune on November 21, 2010. This three bedroom luxury project, spread across 3.8 acres with 80 per cent open space, will feature 140 apartments. Priced at Rs 57.70 lakh onwards, its built up area [...]

Bangalore-based real estate firm Brigade Brigade picks up prime land in Chennai

Posted: 18 Nov 2010 10:17 PM PST

Bangalore-based real estate firm Brigade Enterprises has picked up a 21-acre prime residential property on the Valasarawalkam-Porur belt, a western residential suburb of Chennai. The property is located off the Arcot Road, that connects Vadapalani, Kollywood's base and Porur. The board of directors of the company at its meeting held on November 9, 2010, [...]

Provogue Reconstructs Deal with Triangle Real Estate India

Posted: 18 Nov 2010 10:15 PM PST

Provogue (India) Ltd has restructured its deal with Triangle Real Estate India Fund (co-promoted by ICS Realty Group and Old Mutual Investment Group Property Investments) by pruning its transaction size while giving a larger stake to the investor in the projects being developed by its real estate arm Prozone Enterprises. The apparel retailer, that [...]

Singapore Based Ascendas to Develop Integrated Township in Chennai

Posted: 18 Nov 2010 10:14 PM PST

Singapore-based Ascendas Pte Ltd has signed a memorandum of understanding (MoU) with Japan's Mizuho Corporate Bank and JGC Corporation to develop a world-class integrated township in Chennai. Under the MoU, the parties will share their knowledge and experience in the areas of project financing, infrastructure technologies and industrial park development for the township in Chennai, where [...]

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