Shopping mall
Bangalore- Nitesh Estates Ltd is planning to raise Rs.400 crore from private equity (PE) firms, for developing residential projects. Nitesh Housing Developers, which is a subsidiary of the company will be raising the big fund. The developer has been planning to launch five new projects of which, two will be luxury residential projects while the [...] Continue Reading »
After establishing strong hold in high–end residential and commercial space, Sunteck Realty is looking to entering the retail commercial segment. A new mini-mall is coming up in Goregaon in northern suburbs of Mumbai is being put up by the firm. The mall will have a mixed development of high-end luxury residential and commercial and retails [...] Continue Reading »
International property consultant Jones Lang LaSalle has stated that India and China are leading the list of top 20 destinations with the strongest retail real estate momentum. The shopping centre stocks in these countries are projected to grow by around 15 per cent per year until 2020. However, the firm states that India falls short [...] Continue Reading »
Phase I of “One Bangalore West”, launched by the Phoenix Mills Ltd. , seems to have received good response from home buyers. The 3 million square foot residential project is located in Rajajinagar, Bangalore. The project consists of over 275 apartments and amount worth over Rs.530 crores is being booked till date. The average sale [...] Continue Reading »
Inorbit Mall has announced the launch of their first mall in Karnataka. The new venture is coming up at Whitefield. Inorbit is considered as the most successful mall operator in the country. After the launch of Inorbit Malad, Mumbai in 2004, they have launched malls in Vashi, Hyderabad and Pune. The choice of Whitefield as [...] Continue Reading »
Suraj Group is constructing a shopping mall at Indira Nagar in West Bangalore. The upcoming 100 crore flagship mall, will be developed by Pioneer Property Zone (PPZ), shopping mall developer and manager. PPZ will manage the overall brand mix and leasing strategy for the mall that will cover an approximate area of 200,000 sq. ft. [...] Continue Reading »
Tata Group, which is currently building a shopping mall in Amritsar, plans to take its Trillium mall brand nationwide in order to outfit in the country’s beneficial modern retail sector. The 700,000 sq ft mall will be ready by the end of this year or by early next year. The company has three more malls [...] Continue Reading »
Surplus delay in a realty project has caused extreme damage to Bhubaneswar Municipal Corporation (BMC). A delay of 13 years has occurred in construction of a market building in Unit IV, Bhubaneswar. Panchdeep Market Complex, an eight-storied market, has been under construction for the past 13 years. The work, which was a joint venture of [...] Continue Reading »
AMR Infrastructure, a real estate firm based in the national capital is planning to invest in a township in Greater Noida. The project worth Rs 1200 crore is of 25 acres which will include residential and commercial spaces and a shopping mall. The investors have already put in Rs 600 crore and they plan to [...] Continue Reading »
