Retail
Hyderabad- Renowned Bangalore-based developer Salarpuria Sattva has announced the launch of “Necklace Pride”, a mixed-use development project in Necklace Road, Hyderabad. Following the completion of the Cyber Garden project in Hitec City, the company is launching this project, said Bijay Agarwal, Managing Director of Sattva Group. Being spread across 8.5 acres in the centre of [...] Continue Reading »
Bangalore- Bangalore’s office market which has witnessed an annual growth rate of 12% in the past four years, is expected to touch 100 million square feet by 2016, revealed a report by Jones Lang LaSalle. That is a doubling of the stock in just seven years from 2009, and a 50% expansion to the current [...] Continue Reading »
Private equity major Actis is revealed to be the forerunner to buy Cinemax India Ltd,. The multiplex chain had been put up for sale by its promoters. Kanakia family, the promoters of Cinemax, expects a valuation of around Rs 700 crore, including a debt of Rs 100 crore. The Kanakias own close to 70 per [...] Continue Reading »
Virtuous Retail (VR), a retail real estate company sponsored by global investment firm, The Xander Group Inc., is developing a pan-India portfolio of retail, lifestyle and community centers. VR is currently building eight large format retail shopping centers in city center locations across India. Majority of these are expected to be operational by 2015. Virtuous Retail’s [...] Continue Reading »
The Confederation of Real Estate Developers Association (CREDAI), on Wednesday, called for comprehensive reforms in areas related to land administration, banking and taxation to lift the realty sector and support in meeting the shortage of 26 million houses. CREDAI unveiled 10-point agenda to revive the sector, which is facing demand slowdown due to high interest [...] Continue Reading »
The first of its kind a remarkable Integrated Township in Bangalore is Ozone Urbana. Located at Devanahalli, this residential project is sure to transform the city into new Bangalore. Spread across 187-acre site on Devanahalli Road will be including retail, education, IT, house residential with the total built up area of 20 to 30 million [...] Continue Reading »
