Property News from IndianRealtyNews

Property News from IndianRealtyNews

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Real Estate Developer Puravankara Forays into Coimbatore, Announces Rs 650cr Residential Project

Posted: 11 May 2011 07:57 PM PDT

Puravankara Projects, one of the leading real estate companies in the country, has forayed into Coimbatore with a Rs 650 crore project, offering luxurious two and three bed room apartments. Located on Trichy Road, in Singanallur, one of the most upcoming residential areas of Coimbatore, Purva Bluemont will be built on a 16.86 acres land. The [...]

Sahara Real Estate in trouble Over Use of Third Party Account

Posted: 11 May 2011 07:36 PM PDT

A Sahara group company, which has raised Rs 4,843 crore by issuing optionally fully convertible debentures (OFCDs), is not using its own bank account to handle this money. In March, the Registrar of Companies (RoC), Uttar Pradesh and Uttarakhand, based in Kanpur, sent a notice to Sahara India Real Estate Corp for using a third party's [...]

Equinox Realty Announces Plan to Invest Rs 4000cr in Residential Projects

Posted: 11 May 2011 06:51 PM PDT

Equinox Realty, the property development arm of Essar group, has announced plans to invest around Rs 4,000 crore to develop residential units across the country. The company will launch 1.4 million square feet residential project in Bangalore in the last quarter of calendar year 2011 and a one-million housing project in Thane near Mumbai in [...]

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