Pune
Nandi Economic Corridor Enterprise (NECE): The management of publicly-held BF Utilities during its AGM on Monday took into view the suggestions of its shareholders and said that it will appoint merchant bankers and consultants to look into the various options to restructure a subsidiary. It will consider various options to enhance shareholder value by restructuring [...] Continue Reading »
Godrej Properties, the real estate development arm of the Godrej Group, has entered into a partnership with Oxford Group and Ekta World to develop a residential project in Mundhwa, Keshavnagar and Pune. Spread over 43 acres, the project will offer approximately 2.8 million square feet of saleable area and will be build up as a [...] Continue Reading »
The MBVA, which is an association of real estate developers, is organizing Pune Home Festival between March 28 and 31. In this fest, the participating organization will provide discount on apartments and waiver of registration and VAT. Mr. Sudhir Darode, MBVA president, says that the home buyers will get the chance to select from over [...] 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 »
The India Realty Excellence Fund II LLP has raised this fund for deployment in its Ambernath project spread across 2.5 million square feet in Mumbai’s central. As per the person related to the development, this deal was closed in beginning of January. Motilal Oswal Real Estate fund, which is the real estate wing of Motilal [...] Continue Reading »
The company said that the real estate developer Godrej Properties has formed joint venture to develop a residential project at Keshavnagar in Pune. This project will be spread over 43 acres and provide nearly 2.8 million sq ft of saleable area. As mentioned in the agreement, the Godrej Properties will receive 35 percent of the [...] Continue Reading »
The Pune based real estate developer firm signed the agreement with another real estate Pune based developer Elite Landmarks to construct medium size apartments in Pune. As per the Panchshil this is first of its kind brand licensing in India. The Panchshil under its brand licensing division will be lending its brand, its architectural and marketing [...] Continue Reading »
On Monday a Supreme Court bench, headed by the Chief Justice of India (CJI) P Sathasivam, requested a two-judge bench, headed by Justice Gyan Sudha Misra, not to hear a matter listed before it for a day following lawyers representing the City and Industrial Development Corporation (Cidco) complained of forum-hunting and sought de-tagging of its [...] Continue Reading »
Kent RO Systems water purifier maker would be investing Rs 100 crore to set up a new manufacturing unit at Noida. The required land for its third manufacturing unit has been allotted to the company and construction would commence soon. Mahesh Gupta, Kent RO Systems Chairman informed that the construction would commence as soon as [...] Continue Reading »
Cushman & Wakefield, global property consultant, said, In the real estate sector private equity investment increased by 13 per cent to Rs 7,000 crore last year on higher inflows in the residential segment. “Total inflows from private equity funds in the real estate sector was recorded at Rs 7,000 crore ($1.2 billion) for 2013, an [...] Continue Reading »
