India Real Estate Monitor » Middle East http://indiarealestatemonitor.com PropertyWala.com Microsite Tue, 20 Jul 2010 02:56:07 +0000 http://wordpress.org/?v=2.9.2 en hourly 1 Emaar Properties To Inject $150 Million In India http://indiarealestatemonitor.com/property-news/emaar-properties-to-bring-in-150-million-in-india/ http://indiarealestatemonitor.com/property-news/emaar-properties-to-bring-in-150-million-in-india/#comments Wed, 16 Jul 2008 17:22:30 +0000 rajani http://indiarealestatemonitor.com/property-news/emaar-properties-to-bring-in-150-million-in-india/ Emaar Properties, the leading real estate company in the Middle East, is set to inject $150 million for a 20-25 % stake each in three real estate developments in India.
According to Company spokesperson Emaar and MGF Developments of India set up a joint venture in 2005 called Emaar MGF, which presently accounts for India’s largest foreign direct investment in real estate through projects with a combined development value of US$1bn.
Emaar is now considering establishing three separate special purpose vehicles which will then develop two retail properties and one office property in Gurgaon and Mohali.
Emaar holds 41% in the Emaar-MGF joint venture while MGF holds 56%.

]]> http://indiarealestatemonitor.com/property-news/emaar-properties-to-bring-in-150-million-in-india/feed/ 0 Real estate developer making ground on Sobha Daffodil in Dubai http://indiarealestatemonitor.com/property-news/real-estate-developer-making-ground-on-sobha-daffodil-in-dubai/ http://indiarealestatemonitor.com/property-news/real-estate-developer-making-ground-on-sobha-daffodil-in-dubai/#comments Tue, 19 Feb 2008 12:30:50 +0000 rajani http://indiarealestatemonitor.com/property-news/real-estate-developer-making-ground-on-sobha-daffodil-in-dubai/ Sobha Group, one of the leading real estate developers in India with many realty projects in Dubai, has broken ground on its first residential development in Dubai. Building work started on Sobha Daffodil at Jumeirah Village on 28th January, 2008 following a ground breaking ceremony.

Ajay Rajendran, Vice Chairman, Sobha Group, told thatSobha Daffodil will marks their entry into the residential real estate market in the Middle East. He was pleased to celebrate its ground breaking.

Sobha Daffodil is a 178-apartment real estate development located in Jumeirah Village, Dubai. The four and ten storey complex offers a contemporary living environment with roof top garden, large temperature controlled swimming pool and fully equipped Club House.

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