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INRnews - India Real Estate and Property NewsINRnews - India Real Estate and Property NewsINRnews.com is the leading site for news and views on Real Estate and Property in India. Stay informed on the latest Indian Real Estate and Property News including National, Regional, Residential, Commercial, FDI, Infrastructure, Housing Finance, IT, Articles
Dewan Housing to take 19.9% stake in Wadhawan Food Retail | INRnews
2007-11-19 17:14:00 Mumbai, India, November 20, 2007 - The Board of Directors of Dewan Housing Finance Corporation Ltd (DHFL), the second largest housing finance company in the private sector in India, today announced the approval of 19.90 % stake at par value of Rs 10/- each in the equity shares of Wadhawan Food Retail Private Limited (WFRL).
Nagarjuna Construction consortium to develop Gulbarga and Shimoga airports
2007-11-19 17:11:00 Bangalore, November 20, 2007 - Nagarjuna Construction Company Ltd has announced that Infrastructure Develop ment Department, Government of Karnataka , has selected a consortium of Maytas Infra Ltd (Maytas), NCC Infrastructure Holdings Ltd., (A 100% subsidiary of the Company) and VIE India Project Development and Holding LLC (VIE) to develop and operate airport proposed at Gulbarga and Shimoga on BOT basis. More About: Airports
Leighton International appoints President of its Indian operations | INRnew
2007-11-19 17:09:00 New Delhi, India, November 20, 2007 - Leighton International has announced the appointment of Vineet Mohan as President of its operations in India. More About: Indian , Construction
Propmart and City Green Farms Launch Integrated Township Project in Bangalo
2007-11-19 17:04:00 Bangalore, India, November 20, 2007 - An integrated township over 300 acres will come up over the next two years at Chikkaballapura, 55 km from Bangalore. This project, is being developed by the city-based real estate consultancy firm Propmart as a joint venture with Citi Green Farms. More About: Project , Bangalore , City , Launch
Kolkata based real estate developer Merlin Group to invest Rs 2,000 crore i
2007-11-19 17:01:00 Kolkata, India, November 20, 2007 - Kolkata-based real estate developer Merlin Group is to invest around Rs 2,000 crore by 2010 to create industrial infrastructure, commercial and residential real estate projects in West Bengal. More About: Estate , Real Estate , Developer , Kolkata , Real
Deutsche Bank Urban Age Award given to 2 Mumbai city projects | INRnews
2007-11-19 12:29:00 Mumbai, India, November 19, 2007 - Dr. Josef Ackermann, CEO of Deutsche Bank is pleased to announce the winners of the first Deutsche Bank Urban Age Award (DBUA) in the presence of the German Chancellor, Dr. Angela Merkel and SM Krishna, Governor of Maharashtra. The announcement follows a unanimous decision by an international jury. The award of $100,000 will be split between two high level projects: the Triratana Prerana Mandal initiative and the Mumbai Waterfronts Development Centre, with a special Commendation for the Urban Design Research Institute’s Fort Management Project. More About: Projects , Mumbai , City
Dow India establishing Global R&D Centre in Chakan, Pune | INRnews
2007-11-19 12:26:00 Pune, India , November 19, 2007 - Dow India has signed an MOU with the Government of Maharashtra to set up a Global R&D centre at Chakan, Pune.The Centre is expected to be operational by 2008 and will employ 500 researchers by 2010. Initial project related activities are underway on the 100 acre land allotted to the Company by MIDC and more than 125 researchers are already employed and providing their talented skills and capabilities, operating in a rented facility. More About: Pune
REC to develop world headquarters in Gurgaon | INRnews
2007-11-19 12:20:00 Gurgaon, India, November 13, 2007 - REC had floated a Global Architectural Competition for designing its World Headquarters for office (4 acres) and residential township (10 acres) in Gurgaon. After two rounds of discussion, the Jury consisting of Shri Satish Gujral, world famous painter, sculptor and architect, Mr. K.T. Ravindran, Director of School of Planning and Architecture and Mr. A. G. K. Menon, Director of TVB School of Studies declared M/s Chelsea West of New York, USA and Sanjay Prakash & Associates of New Delhi as the winner. The building is expected to be ready by 2010. More About: Gurgaon , Develop
Cisco opens 1 million sq ft campus in Sarjapur, Bangalore | INRnews
2007-11-19 12:13:00 Bangalore, India, November 19, 2007 - Cisco has opened a state-of-the-art Globalisation Centre East campus in Bangalore. The opening ceremony on Nov 13 was presided over by former Indian President Dr. A P J Abdul Kalam and John Chambers, Cisco Chairman & CEO. More About: Campus , Bangalore , Million , Sarjapur
Donald Trump Jr inaugurates Cityscape India | INRnews
2007-11-19 12:05:00 Mumbai, India , November 19, 2007 - Donald Trump Jr. urges developers to think 'Location, location, brand' when trying to attract international investors during Mumbai launch of world's largest B2B real estate brand. More About: Cityscape
Columbia Asia and DLF form alliance to develop hospitals in India | INRnews
2007-11-19 11:46:00 New Delhi, India , November 19, 2007 - The international headquarters of the Columbia Asia Group of Hospitals , based in Kuala Lumpur, has announced that its Indian subsidiary, Columbia Asia Hospitals Pvt Ltd, has entered into an agreement that forms an alliance for the development of hospitals with DLF Home Developers Ltd (DLFH). More About: Healthcare
Tech Mahindra sets-up Rs 200 crore campus in Chandigarh | INRnews
2007-11-19 11:44:00 Chandigarh, India, November 19, 2007 - Tech Mahindra , one of the largest IT services and Telecom solutions providers for global telecom companies has announced the setting up of a state-of-the-art software development center at Chandigarh. This integrated campus at the Rajiv Gandhi Technology Park will be built on 15 acres of land and seat 5000 professionals. More About: Campus , Sets , Chandigarh
Piramal Enterprises floats realty JV with Sunteck | INRnews
2007-11-19 11:41:00 Mumbai, India, November 19, 2007 - Piramal Enterprises Ltd (Ajay Piramal Group) has announced its realty joint venture (JV) with Sunteck Realty and Infrastructure Ltd. More About: Mumbai , Oats
Chettinad Health City opened at Kelambakkam, Chennai | INRnews
2007-11-19 11:35:00 Chennai, India, November 19, 2007 - The first phase of the Rs. 500 Crore Chettinad Health City (CHC) at Kelambakkam, Chennai was inaugurated by Dr. Kalaignar M Karunanidhi, Hon'ble Chief Minister of Tamil Nadu last week. More About: Healthcare , Chennai , Opened
Fiat India sells 53 acre Kurla property to IKG Associates | INRnews
2007-11-19 08:30:00 Mumbai, India , November 19, 2007 - Fiat India Pvt Ltd, in continuance of its process of restructuring and consolidation of its operations in India, has announced the sale of its 53-acre Kurla property to IKG Associates , an IL&FS affiliated entity for Rs. 608 Crores (Rupees Six Hundred and Eight Crores). The company operations have completely shifted to Ranjangaon, near Pune in Maharashtra, a facility measuring about 200 acres. More About: Property , Mumbai
Uppal Group to launch mall in Jagadhari, District Yamunanagar, Haryana | IN
2007-11-19 07:41:00 New Delhi, India, November 19, 2007 - Uppal Group , which has over 28 years of experience of delivering more than 500 quality projects with presence in all real estate verticals, has announced its entry into the retail sphere of Haryana through the launch of “Centra Mall ” in Jagadhari, District Yamunanagar, Haryana. More About: Launch
RPS Group to launch IT Park in Faridabad | INRnews
2007-11-19 07:10:00 Faridabad, India, November 19, 2007 - The RPS Group is to develop an IT Park in Faridabad, on NH-2, Mathura Road with a distance of just 1 km from the Badarpur Border, Delhi. The site is located close to two international airports - Indira Gandhi International Airport & the proposed International Airport at Jevar. More About: Faridabad , Launch
Real estate developer Prestige Group buys prime Chennai property | INRnews
2007-11-17 12:29:00 Chennai, India, November 17, 2007 - Bangalore-based real estate developer, Prestige Group, has purchased a 2.8-acre prime property on Chennai's high street - Anna Salai. More About: Estate , Real Estate , Property , Developer , Chennai
Average home buyers age in India comes down by 20 years | INRnews
2007-11-17 12:27:00 Mumbai, India , November 17, 2007 - The average age of home buyers in India has come down by nearly 20 years according to The Associated Chambers of Commerce and Industry of India (ASSOCHAM). More About: Home Buyers , Home , Years , Buyers
India poised to emerge as manufacturing hub for ECE | INRnews
2007-11-17 11:34:00 Bangalore, India , November 17, 2007 - India is poised to emerge as a global manufacturing hub for Earthmoving and Construction Equipment industry and a centre for design and R & D for ECE Industry. This was reverberated during EXCON 2007 Conference on opportunities and challenges in the ECE Industry organized by the Confederation of Indian Industry (CII) in association with the Indian Earthmoving & Construction Equipment Association Ltd (IECIAL). More About: Manufacturing , Emerge
Home loans now slightly cheaper | INRnews
2007-11-16 18:52:00 Mumbai, India, November 17, 2007 - In addition to festival offers by banks on new home loans, some lenders are taking down interest rates a notch.Mumbai, India, November 15, 2007 - In addition to festival offers by banks on new home loans, some lenders are taking down interest rates a notch. More About: Home Loans , Loans , Home
Indian real estate major DLF to buy Amanresorts for $250 million | INRnews
2007-11-15 15:19:00 New Delhi, India, November 15, 2007 - In another example of the growing interest of Indian companies in overseas acquisitions, real estate major DLF Ltd is reported to be close to an acquisiton of Singapore-based luxury chain Amanresorts for US$250 million. More About: Estate , Real Estate , Real , Million
Simplex Infrastructures wins road contracts worth Rs 680 crore | INRnews
2007-11-15 12:26:00 Mumbai, India, November 15, 2007 - Simplex Infrastructures Ltd has announced that it has bagged two contracts aggregating Rs 680 crore for design and construction of eastern freeway from Museum to Anil Panjarapole Link Road and for design and construction of flyover on D r. Babasaheb Ambedkar Road under Package II. More About: Construction , Worth , Contracts , Wins
L&T-Paul Wurth consortium bags Rs 580 crore order from SAIL | INRnews
2007-11-15 12:22:00 Chennai, India, November 15, 2007 - L&T Ltd has announced that the company in consortium with Paul Wurth has bagged a Rs 580.74 crore order from SAIL for upgradation of blast furnace No 2 at Bokaro Steel Plant on a turnkey basis. The project is to be completed in 21 months. More About: Bags , Construction , Sail , Order
Study shows second homes and vacation homes gaining traction in India | INR
2007-11-15 09:16:00 Bangalore, India , November 15, 2007 - A study conducted by Kapston.com an E-business consulting firm in India with second home companies HolidayHangouts.com, S & S properties, Wayanad Weekend Homes and Principal Gain along with real estate agents and buyers, shows second home and holiday homes market gaining significant traction in India. More About: Study , Vacation , Gaining
Pearls Infrastructure high-end housing in Zirakpur, Punjab | INRnews
2007-11-15 07:18:00 New Delhi, India, November 15, 2007 - Pearls Infrastructure Projects Ltd is offering a high-end housing project Nirmal Chhaya Towers, in VIP Road, Zirakpur, Punjab . Situated over 17.5 acres of lush green area, this residential complex is located strategically in terms of the convenience. The total value of this project is approximately Rs.300 crores. More About: Housing , High
Indian earthmoving & construction equipment (ECE) industry to grow 5-fold b
2007-11-14 12:34:00 Bangalore, India, November 14, 2007 - Indian Earthmoving and Construction Equipment Industry (ECE), is at a watershed in its evolution and set to experience strong growth, spurred by the nation’s rapid economic development. According to the study, ECE Vision 2015: Scaling new heights in the Indian Earth Moving and Construction Equipment Industry, conducted by leading management consulting firm, McKinsey & Company, for CII, IECIAL, released today at the CII Excon 2007 in Bangalore, the Indian ECE industry has the potential to grow fivefold from its current size of US$2.3 billion to approximately US$12–13 billion by 2015, growing at 24% CAGR. More About: Grow
CII EXCON 2007 ? Asia's 3rd largest expo on construction equipment industry
2007-11-14 12:33:00 Bangalore, India, November 14, 2007 - "Karnataka has always been at the forefront of industrial growth in India. With its inherent capabilities coupled with its enterprising citizens, the State provides the ideal choice for investment opportunities", said H.E. Mr Ramehswar Thakur, Governor of Karnataka while delivering the Inaugural Address at Excon 2007 - India's largest construction equipment and construction technology trade fair being organized by the Confederation of Indian Industry (CII) between 14-18 November 2007 at the Bangalore International Exhibition Centre, Bangalore. More About: Expo , Construction , Equipment , Largest
Revamp your home with @home this Diwali | INRnews
2007-11-14 09:12:00 Pune, India, November 14, 2007 - (Press Release) - After the overwhelming response from @home Pune near Eternia, Wakdewadi, this glamorous home maker has now extended their venture to Ishanya India's Largest Design Centre and Specialty Mall for Interiors and Exteriors. More About: Home , Diwali
Improvement of container traffic at Kolkata and Haldia Ports | INRnews
More articles from this author:2007-11-14 03:20:00 Kolkata, India, November 14, 2007 - The high powered committee constituted by the Shipping Ministry to look into the problems associated with the container traffic at Kolkata and Haldia has submitted its report to the Minister for Shipping, Road Transportation and Highways, Thiru T. R. Baalu, here today. The committee has suggested both short term and long term recommendations to cope with the likely growth in container traffic at both these ports. The Report was presented by the Chairman of the Committee Capt. P V K Mohan to Thiru Baalu. More About: Traffic , Infrastructure , Kolkata , Improvement , Container 1, 2, 3, 4, 5, 6, 7 |
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