Property News from IndianRealtyNews

Property News from IndianRealtyNews

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Planning Commission Extends Support for Further Liberalisation of FDI Policy

Posted: 22 Apr 2011 03:48 AM PDT

The Planning Commission today pitched for a further liberalisation of the Foreign Direct Investment (FDI) policy and improvement of business regulations to step up GDP growth rate to 9-9.5 per cent a year on an average in the 12th Five-Year Plan. In a presentation to the full Planning Commission meet, chaired by Prime Minister Manmohan [...]

Sobha Developers to Develop 11 mn SQFT at an Investment of 2500cr

Posted: 22 Apr 2011 03:14 AM PDT

Sobha Developers plans to develop over 11 million square feet during this fiscal at an estimated project cost of Rs 2,500 crore. Bank funding for some of these projects has already been tied up, according to a top company official. "Our sales realisation in 2010-11 crossed Rs 1,000 crore, with an average realisation of over Rs [...]

Real Estate Firm 3C Partners with Four Season Hotels and Resorts to Develop 5 Star Hotel in Delhi

Posted: 22 Apr 2011 02:59 AM PDT

Realty firm The 3C Company has partnered with Four Seasons Hotels and Resorts to develop a five-star hotel at the recently announced project — 'Delhi One'. The company plans to invest about Rs 1,800 crore (Rs 600 crore on land and Rs 1,200 crore on construction) on this venture. The project is expected to be [...]

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