Property News from IndianRealtyNews

Property News from IndianRealtyNews

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DLF Ramps its Presence in Fashion Retail: Strikes Licensing Deal with Mango

Posted: 17 Apr 2011 11:49 PM PDT

Real estate giant DLF Ltd is ramping up presence in the fashion retail industry after striking a licensing deal with Spanish brand Mango. This comes at a time when DLF Brands, which is a subsidiary of DLF Ltd, has unveiled two new retail formats, including a multi-brand store chain, of its own. Mango, with over [...]

India Eager to Attract FDI: PM

Posted: 17 Apr 2011 11:24 PM PDT

India is eager to absorb foreign direct investment, Prime Minister Manmohan Singh said on Thursday in a statement at the BRICS summit. Singh also said the Indian economy is well positioned to achieve annual long-term growth of 9% or more. The Prime Minister said the health of the country's financial and capital markets was [...]

SEBI-SAHARA Fight Gets Bigger; Reaches Apex Court

Posted: 17 Apr 2011 11:20 PM PDT

The Securities and Exchange Board of India (Sebi) has filed a caveat in the Supreme Court claiming that any petition on its ongoing case against two Sahara group entities cannot be decided without its knowledge. Sahara India Real Estate Corporation and Sahara Housing Investment Corporation are under the capital market regulator's scanner for raising money [...]

M3M Ropes in L&T to Build 7–Star Luxury Residence ‘M3M Golf Estate’ in Gurgaon

Posted: 17 Apr 2011 10:58 PM PDT

M3M India Ltd has appointed Larsen & Toubro, one of the leading construction firms, for building their finest 7-star luxury residence — M3M Golf Estate in Gurgaon. The project will also be constructed by L&T in association with LERA International, which is one of the world's leading consulting firms, providing modern and innovative structural engineering [...]

Soham Group Targets Affordable Housing Segment; To Invest Rs 1000cr in Next 2-3 Years

Posted: 17 Apr 2011 10:50 PM PDT

Real estate developer Soham Group has announced plans to invest around Rs 1,000-crore over the next 2-3 years for launching affordable housing projects. The company has lined up 25 projects to be developed in the coming years, which will be primarily in Mumbai Metropolitan Region including Thane. “A paradigm shift has been observed in [...]

IHG to come up with 45 Hotel Properties across India by 2015

Posted: 17 Apr 2011 10:02 PM PDT

Luxury hotel group InterContinental Hotels is planning to open over 45 hotel properties across India by 2015. These properties will be developed in the cities like in Delhi, Mumbai, Jaipur, Bangalore, Ahmadabad and Kochi. Meanwhile, it has just opened Holiday Inn in Hinjewadi, Pune. The company has invested around Rs 70 crore in this property. [...]

CREDAI in Assistance with NSDC to Train Unskilled Labourers from 10 Cities

Posted: 17 Apr 2011 09:07 PM PDT

As part of its social obligations, CREDAI (Confederation of Real Estate Developers' Association of India) is planning to train unskilled labourers from 10 select cities in the country, with the assistance of National Skilled Development Corporation (NSDC). Accordingly, unskilled labourers from 10 select major cities in the country, including Delhi, Mumbai, Chennai, Bangalore, Ahmedabad, Lucknow [...]

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