IL&FS
Infrastructure firm IL&FS Engineering and Construction informed that they were successful in getting a Rs 300- crore contract for elevated metro stations on Kolkata Metro Line in West Bengal by Rail Vikas Nigam Ltd (RVNL). The company says that they are awarded a contract by RVNL, Kolkata for a value of Rs 299.76 crore for [...] Continue Reading »
Chief Minister, Hemant Soren inaugurated Jharkhand’s first six lane highway Jharkhand got its maiden six-lane expressway on Tuesday as chief minister Hemant Soren formally inaugurated four phases of the much-delayed Ranchi Ring Road at a traditional ceremony in Rampur, 20km from the capital. The 36.192km arterial stretch connects Rampur on NH-33 to Kathitand on NH-75. [...] Continue Reading »
Emmar properties tied up with MGF to launch a joint venture in India in 2005. It is focused on high-end residential and commercial properties. Emmar’s most iconic creation is Burj Khalifa in Dubai. The plan for an ‘architecturally aesthetic’ building is still in very initial stages. The company is talking with foreign designers and architects, [...] Continue Reading »
The joint venture real estate company of Dubai’s Emaar Properties and India’s own MGF Group is seriously considering the idea of what it calls an “iconic” building in India. The venture has since its launch in the country in 2005, remained focused on high-end residential and commercial properties (in the ratio of 9:1). The development activities of [...] Continue Reading »
ASK Property Investment Advisors, the property fund arm of ASK Group, plans to launch a $200 million (Rs 1,100 crore) international realty fund next month. When it launches the fund, ASK will join the league of HDFC, IDFC, IL&FS, Indiareit, Kotak and Tata Realty & Infrastucture, which are planning to launch foreign realty funds. ASK [...] Continue Reading »
