Real estate company
As for the quarter ended June 30, 2012, Mahindra Lifespace Developers Ltd (MLDL) has posted a 72 per cent rise in net profit. The strong position of the company is reflected in its operating expansion as it has launched the second phase of its project at Nagpur. Also, during the quarter, it has acquired two [...] Continue Reading »
DLF, the country’s biggest real estate company, is set to sell its 17-acre National Textile Corporation (NTC) land in Mumbai to Mumbai-based Lodha Developers to reduce its rising debt, said market sources. The deal is estimated at Rs 2,500-2,700 crore. Lodha Developers has already paid Rs 500 crore in advance and it would pay the [...] Continue Reading »
Dhar & Hoon Blurb India has won the creative duties for real estate company Business Park Town Planners (BPTP). The agency won the business based on its outlook and vision for the real estate brand, which goes beyond real estate. The size of the business is said to be significantly high. Other agencies involved were [...] Continue Reading »
A local court in Bangalore has issued a non-bailable warrant (NBW) against Karnataka Forest Minister, CP Yogeshwar, after he failed to appear before it in connection with Mega City Scam cases filed against him. The minister was allegedly involved in 14 cases concerning the Mega City Builders and Developers Ltd. (MDBL), Bangalore. The firm had [...] Continue Reading »
Disney Consumer Products (India) plans to launch Disney Inspired Homes for which it will tie up with a Mumbai based real estate company, Sunteck Realty Ltd. Disney Inspired Homes, built at the ‘Sunteck City’ project in Goregaon in North Mumbai, will be designed using Disney themes especially for children and families in the Indian real [...] Continue Reading »
A notice was issued to Shapoorji Pallonji on a public interest litigation (PIL) alleging illegal transaction of money. The order was ruled out against a petition alleged that Pallonji’s real estate company had given an illegal gratification of Rs 250 crore to a company owned by Nitesh Thakur. According to the income tax department both [...] Continue Reading »
Equinox Realty, a subsidiary of Essar Group real estate company, planned to invest Rs 600 crore in its Bangalore Project. Water’s Edge is the housing project in Bangalore. The project will be constructed by L&T, with a total built-up-area of about 2 million square feet. The residential project will construct apartments with flat size between [...] Continue Reading »
Unity Infraprojects will work on the development of NHAI roads. They will construct and operate in the Suratgarh-Sriganganagar section of NH-15. The other development work will be done in Punjab/ Haryana Border-Jind section of NH- 71. With these two projects the real estate in Gurgaon region will become more attractive to the buyers. The estimated [...] Continue Reading »
The real estate company Mahindra Lifespace Developers recently launched a residential project in Nagpur. The Mahindra group who is into infrastructure and real estate company has named their newly launched residential project as “Bloomdale”. The project is said to be a joint venture of B E Billimoria & Company and Mahindra spread over 25.25 acres [...] Continue Reading »
The real estate company in Hyderabad well known as “My Home Constructions” is planning to launch a residential complex at Hitec City. The project has been estimated to cost Rs 500 crore offering around 450-apartments. Speaking to media the chairman and managing director, My Home Group say that they are happy to launch their project [...] Continue Reading »
