Tag Archives: Crunch

GMR Invites Bids For Building Hotels

October 4, 2008 – 12:56 am

Entering the market in possibly the toughest time, the GMR Group has invited bids for building hotels at its proposed 45-acre hospitality district near the upcoming airport in Delhi.
The Delhi International Airport Pvt Ltd (DIAL) had planned to raise Rs 2,750 crore from this district in 2008 when the plan was first floated and then [...]

By Rajani | Posted in Property News | Also tagged , , , , , , , , , , , , , , , | Comments (1)

Realty Firms Consider Joint Development For Construction Projects

September 3, 2008 – 9:34 am

Real estate firms will enter into joint development for construction projects by selling land parcels to other builders, given the drop in sales of apartments and inflationary trends.
Pankaj Jaju, head-real estate practice, Enam Securities told FE, “Metros and Tier II towns having a huge pipeline of projects have witnessed a 60% drop in sales of [...]

By manish | Posted in Property News | Also tagged , , , , , , , , , , , , , , , , | Comments (2)