Kerala
Dubai-based Emke Group is set to roll out Rs 700-crore investments in IT and logistics infrastructure in Kerala this year.They had already invested Rs 1,200-crore in Lulu mall in Kochi, and this is their second investment in India. This clearly shows that the real estate foreign investments are increasing and Arun Jaitley FDI plans are taking [...] Continue Reading »
In Kochi, the Joint Action Council of Construction Workers’ Unions have urged the State government of Kerala that all the granite quarries and crusher units in the State should be allowed to open and function normally. This move is set to be taken to ensure the employment of more than two million workers engaged in [...] Continue Reading »
The country’s urbanisation is being kept in mind by the Southern states of India and the Union Territories. The urban population of India has increased by around 27.80 percent from the total population in 2001 to around 31.10 percent in the year 2011. The information was provided by Urban Development Minister, M Venkaiah Naidu during [...] Continue Reading »
In a recent briefing to the media representatives in Thiruvananthapuram, K Babu – Minister for Excise, Ports and Civil Aviation – said that the Kannur International Airport in Kerala will be ready for trials by December 2015; with commercial operations at the airport likely to commence by May 2016. According to the information shared by [...] Continue Reading »
According to Minister for Urban Affairs Manjalamkuzhi Ali the state government is going to introduce a slew of measures to streamline the real estate sector. Some of the steps are setting up a Real Estate Authority, online registration facility for developers and amendments to the Coastal Regulation Zone Act. The minister was at Recon 2014, [...] Continue Reading »
The Real estate developers of Kerala, Chennai, Coimbatore, Bangalore, Delhi, Mumbai, Pune, Ahmadabad, Bhubhaneshwar, Trichy and Hyderabad have been invited to display their residential projects in the 8th Annual India Property Show which in US. The fest is going to display a vast range of both the residential and commercial projects during the period of [...] Continue Reading »
Mr. Francois Richier, French ambassador to India, says that the French Government is ready to invest in Indian market. He also added that French companies are among the biggest investors in India and there are 350 French companies with nearly $19 billion worth ready to invest in India. He further says that the French companies [...] Continue Reading »
A modern business centre HiLITE Platino in Kochi close to NH Bypass near Vytilla has been commissioned by the Kozhikode-based HiLITE Builders. The 1.3 lakh sq ft office space offers premium amenities for corporate firms, which is strategically located in the city’s prime commercial location. The project has a total of six floors and a [...] Continue Reading »
The Taurus Investment Holdings, LLC, a global PE investment and development firm is planning to invest Rs. 1, 200 crore in IT and social infra at Technopark, Thiruvananthapuram. Mr. Ajay Prasad, Managing Director, India, Taurus Investment Holdings says that these 1,200 crore is part of proposed 3,000 crore which is to be invested in developed assets [...] Continue Reading »
Kerala-based gold loan firm Manappuram Finance has diversified with the acquisition of Milestone Home Finance Company from Jaypee Hotels. VP Nandakumar, MD & CEO of Manappuram Finance informed that entire acquisition would cost the company Rs 10 crore. He added that the acquisition would result in diversification of the group into home finance. The group’s [...] Continue Reading »
