Parsvnath developers‘ ltd. has announced to construct “Knowledge City” in Haryana at Panchkula to be made ready based on publia & private partnership between entrepreneur Sabir Bhatia and Haryana Government, the name of this city will be “Parsvnath Nano City.” Having 38% partnership in this 50,000 crore project, parsvnath will spend Rs 400 crores. Haryana [...]
Many investors are in dilemma with regards to the timing of the purchase of retail space. There is an obvious choice between making investment at the time when the construction is yet to start and at the time when the mall is getting ready for completion. Subhash Lakhotia advocates that one should book the stall [...]
OWNING AN APARTMENT AT BRIGADE GATEWAY IN NORTH-WEST
BANGALORE IS A PRIVILEGE AS IT HAS BEEN DESIGNED AS A LIFESTYLE ENCLAVE SUPPORTED BY A
SUPERSPECIALTY
HOSPITAL, MALL, MULTIPLEX AND SCHOOL Brigade Gateway is located in North-West Bangalore where some neighborhoods still capture the good-old Bangalorean way of life and where owning an independent house is still a status [...]
The Department of Telecom (DoT) will soon float a draft cabinet note for auctioning 773 acres in four cities which was once owned by VSNL. The Tatas took over VSNL in 2002 but the land was kept out of the deal and is still owned by the government and other shareholders. The sale of the [...]
Real estate developers like Lodha, DLF, Unitech and Raheja have begun ramping up their presence in B-school campuses in the last two years in a move to have a more professional image. The move coincides with the growing interest of B-school graduates in the real estate sector. Says Prakash Saxena (name changed), a 2008 IIM-C [...]
Indian Real Estate 2020 is scheduled for June 27, 2008 in Mumbai spearheaded by Mr. Anuj Puri, Conference Chairman and Country Head and Managing Director, Jones Lang LaSalle Meghraj. The conference will take a leap into the future and crystal ball gaze at the prospective growth opportunities with the envisaged level of development in the [...]
Kochi will soon attain global status with the coming of a Rs 5,000-crore hi-tech city project. The Bangalore-based Shobha Developers have signed up an MoU with the state government for setting up this hi-tech city. Sobha Hi-Tech City will be an integrated city with focus on research and development, knowledge dissemination, information technology and pure [...]
Finally it’s official. Delhibased realtor Parsvnath Developers will hold 38% stake in the Rs 1,800-crore Nanocity project. The company would be subscribing to the capital of Nanocity, which is a joint venture between Sabeer Bhatia and Parsvnath Developers. Nanocity will have projects relating to nanotechnology, biosciences, software product development, materials research etc. A new [...]
Akruti City, Omaxe, Sobha Developers, among other property developers, are pledging shares with lenders to provide additional security, apart from hypothecating properties to borrow funds, according to information submitted to the stock exchanges. Promoters of Akruti, Omaxe and Sobha have pledged their shares with Indiabulls Financial Services, financiers like Dubai-based BankSarasin & Co and Credit Suisse [...]
THE HIGH DEMAND FOR RESIDENTIAL, INDUSTRIAL AND COMMERCIAL PLOTS HAS INCREASED THE CIRCLE RATES IN GHAZIABAD.
After Noida and Greater Noida, it is now the Ghaziabad’s turn to see a rise in land rates meant for residential purposes. New circle rates have been proposed to bridge the gap between real estate prices and existing sector rates. [...]