Tag: Developer

Unitech Seeks Arbitration in order to Resolve JV Dispute.

Indian real-estate developer Unitech Ltd on Friday sought the Company Law Board’s approval to resolve through arbitration a dispute with Telenor ASA over their telecom joint venture, but the Norwegian company is set to oppose the move. Unitech applied to the board–a quasi-judicial body–seeking arbitration after the two companies failed to make any headway in […]

A Mall With A Metro

Our country’s one of the Leading Real Estate Development Company Mantri Developers of Bangalore recently announced the opening of one of India’s largest malls Mantri Square. The main attraction of the project is that the mall will have metro connectivity. The mall will be located at Malleswaram, north Bangalore and spread over 1.7 million sq […]

Realty co plans separate account for lavish project

To bring in more transparency to its accounting procedure, Bangalore-based real estate developer Lalith Gangadhar Constructions will maintain an exclusive construction escrow account with Kotak Bank for the LGCL-Ashlar project it is developing in Garden City. The Rs 150-crore project comprises 63 villas on 7.75 acres, each carrying a minimum price tag of Rs 2 […]

Proposal For Farmers In Mysore

Mysore city authorities have a proposal for farmers who own land in and around the city: Part with your plot for nothing and get 18% of it back after it is developed and potentially more valuable. The Mysore Urban Development Authority (Muda) thinks it’s offering a good deal to farmers as it competes with private […]