Tag: Mysore

JLLM Bags Contract From Wipro.

Real estate consulting company Jones Lang LaSalle Meghraj (JLLM) has signed a big contract with a country’s 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 […]

Puravankara buys sixty-two acres in Bangalore

PropertywalaProvident Housing is a fully-owned subsidiary of the Bangalore-based Puravankara Group. Provident housing is learnt to have bought a 62-acre land parcel in the outskirts of Bangalore. The deal is believed to have been struck for a value of 150 crore rupees. The deal between Provident Housing and the seller, who is an individual, was […]

Puravankara Projects Ltd In Talk With Overseas Private Equity For Affordable Housing Projects

Provident Housing and Infrastructure Ltd, the wholly owned subsidiary of Bangalore-based real estate company Puravankara Projects Ltd, is in talks with four overseas private equity funds to raise about seven hundred fifty crore rupees to acquire land for its affordable housing projects, a source close to the development said. “Total project cost is eight thousand […]

Parsvnath To Go Slow On Land Buys

Parsvnath Developers, the Delhi-based realtor, plans to invest up to Rs 500 crore for land acquisitions in fiscal 2009. However, it will not be aggressive in ramping up its land bank and would acquire land for its projects. In its latest quarter, the BSE-listed Parsvnath added 66 acres of land. Pradeep Jain, chairman at Parsvnath, […]

Parsvnath Plans To Invest Rs 500 Crore For Land Acquisitions In FY 2009

Parsvnath Developers, the Delhi-based realtor, plans to invest up to Rs 500 crore for land acquisitions in fiscal 2009. However, it will not be aggressive in ramping up its land bank and would acquire land for its projects. In its latest quarter, the BSE-listed Parsvnath added 66 acres of land. Pradeep Jain, chairman at Parsvnath, […]

Profit Zoom Of Sobha

The Board of directors of Sobha Developers Limited approved the unaudited financial results of the company for the quarter-ended June, this year. Sobha Developers recorded a 24% growth in net profit during the first quarter of the 2008-09 financial year. Its net profit for the quarter stood at Rs 50.5 crores, up from Rs 40.8 […]

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 […]