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Sobha Developers Announces Completion of its Luxury Villa Project in Coimbatore

Posted: 15 Jun 2011 08:05 PM PDT

Bangalore-based Sobha Developers, which is slowly expanding its presence in states like Tamil Nadu, has announced the completion of its first residential project in Coimbatore, the second largest city in the state. The Rs 75-crore project, Sobha Emerald, offers a total of 61 luxury villas, developed over 11.69 acres, a spacious verdant patch at Harishree [...]

70 Year Old Bungalow Near Cannaught Place on Sale for Rs140-160 Crore

Posted: 15 Jun 2011 06:54 PM PDT

Bungalows outside Lutyens Bungalow Zone are becoming hot property with a breed of new entrepreneurs on the hunt for a premium address in the Capital. After a landmark Rs 170 crore-deal for a 2,000 square yard plot in south Delhi’s Shanti Niketan area, a 70-year-old bungalow on Kasturba Gandhi Marg, barely 300 meters from Connaught [...]

Akshaya Homes to Set up 3 Healthcare Centres at Chennai

Posted: 15 Jun 2011 06:40 PM PDT

Real estate developer Akshaya Homes Pvt Ltd is planning to enter healthcare sector by setting up three healthcare centres in Chennai. The total project cost is around Rs 300 crore. It would rope in healthcare service providers to run these centres. T Chitty Babu, chairman of Akshaya Homes, said the first centre would come up [...]

Leading Chennai Developer Launches Residential Project ‘Silent Valley’ at Thambaram

Posted: 15 Jun 2011 06:38 PM PDT

Vijay Shanthi Builders, one of leading Chennai-based property developers, has now launched a residential project, with a mix of apartments and villas, at Thambaram, a south-western suburb of Chennai. The project, Silent Valley, will come up on nearly 27 grounds (one ground = 2,400 sq ft), off Mudichur Road, an established residential region close to [...]

Untech Chairman Benefited from 2G Scam: Enforcement Directorate Claims

Posted: 15 Jun 2011 05:47 PM PDT

Enforcement Directorate has named chairman of realty company Unitech, Ramesh Chandra along with his son as beneficiary to the tune of Rs 1,749 crore in equity sale to Telenor Asia in 2008. Ramesh Chandra's son, Sanjay Chandra who is also chairman, Unitech Wireless is already in judicial custody for the transaction that is being probed [...]

Starwood Hotels & Resorts to Operate 50 Hotels in India by 2012

Posted: 15 Jun 2011 05:43 PM PDT

New York Stock Exchange-listed Starwood Hotels & Resorts Worldwide, Inc expects to operate 50 hotels in India by the end of 2012 and the country is second only to China in its plans for future growth. The ambitious expansion plan will result in the company’s presence in the country doubling within the space of just [...]

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