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projects in chennai

Hallmark Infrastructure will raise $20 million from private equity

Hallmark Infrastructure will raise $20 million from private equity
Hallmark Infrastructure has planned to raise funds of $20 million from private equity for its 40 acre residential development of villas and row houses in Chennai. The proposed project will be constructed in Mahindra World City (MWC) in Chennai. Paracor Capital Advisors will help Hallmark Infrastructure for the fund raising program. Earlier Hallmark Infrastructure raised [...] Continue Reading »

Chennai corporation collected 5 percent less tax

Chennai corporation collected 5 percent less tax
The area of the Chennai city has grown around 250% in times. But the tax collected by the city corporation has been dropped by 5% in last fiscal year. The officials say the technical problem and the stuff crunch are main causes for the less collection of tax. Till march 31, the tax collection target [...] Continue Reading »



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