Tag: Hcc

IL&FS Increase Investments In Realty Sector

Photo by Photos8.comIL&FS private equity is planning to increase its investment in infrastructure and Real Estate sector by the end of FY10. They announced to increase their investment from 660 million US dollars to 1 billion US dollars in the infrastructure sector. In the realty sector they already have investments of 1.6 billion US dollars. […]

JLLM Bags Contract From Wipro.

Real estate consulting company Jones Lang LaSalle Meghraj (JLLM) has signed a big contract with a country‚Äôs major information technology company Wipro for managing its 2.3 million square feet of office space in Bangaluru, Mumbai and Mysore. Photo by markehrWipro is the third largest exporter of the country of information and technology whereas with global […]

HCC’s new townships on hold

Given the current turmoil in the market and subsequent impact on real estate, Hindustan Construction Company has decided to put on hold its planned townships in Pune, Nasik and Thane. Land acquisitions for these projects have been deferred for now given the high interest rates and low liquidity in the market. HCC will focus more […]

HCC To Invest Thousand Crore Rupees In Townships

HCC Real Estate Ltd (HCCREL), the real estate arm of construction major Hindustan Construction Company (HCC), is in the process of entering into large size land deals. The plots, aggregating 1,550 acres in various parts of India, will be used to develop townships. HCCREL is planning to invest a thousand crore rupees in the initial […]