Private firm
Looks like Chennai-based developer Casa Grande is set to receive as much as Rs 100 crore worth of investment from Mumbai-based private equity firm Avenue Venture Real Estate Fund. The latter has proposed to invest this money into Casa Grande’s equity at project level ventures. In a press statement, Casa Grande stated that Avenue Venture [...] Continue Reading »
The Avenue Venture Real Estate Fund is a private equity firm based in the city of Mumbai. It has recently decided to spend a sum of Rupees 100 crore in Casa Grande which is a Chennai based real estate enterprise. According to the gathered statement, a considerable amount of money has already been used for [...] Continue Reading »
The Karnataka High Court on Tuesday directed the Commissioner of the Bruhat Bangalore Mahanagara Palike (BBMP) to file an affidavit on the plan of action relating to reconstruction of 1,640 flats for the eligible persons from economically weaker sections (EWS) at Ejipura. The BBMP had constructed 1,512 flats spread over 42 blocks and allotted them [...] Continue Reading »
Chennai city infrastructure has seen a drastic improvement after the approval signed for the new flyovers all over the city. Chennai holds the credit of encompassing unidirectional flyovers which will be crossing with one another at varied heights at Velachery junction. Meanwhile Pallavaram in Chennai is ahead to construct longest flyover and Kolathur is ahead [...] Continue Reading »
