August 26, 2008 – 4:56 am
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 crore [...]
By manish
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Posted in Property News
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Also tagged Accruals, Affordable Housing, Chennai Hyderabad, Coimbatore, Housing Projects, Infrastructure Ltd, Jaipur, Kochi, Kolkata, Low Cost Houses, Omaxe, Private Equity Funding, Private Equity Funds, Puravankara Projects, Puravankara Projects Ltd, Real Estate Developers
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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, said the [...]
By Rajani
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Posted in Property News
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Also tagged Accruals, Convenience Stores, Formal Announcement, Four Star Hotels, Hotels In Shirdi, Hypermarkets, India Real Estate, Kochi, Land Acquisition, Land Acquisitions, Mohali, Parsvnath Developers, Private Equity Funds, Sezs, Special Economic Zone
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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, said the [...]
By manish
|
Posted in Property News
|
Also tagged Convenience Stores, Foray, Formal Announcement, Four Star Hotels, Hotels In Shirdi, Hypermarkets, India Real Estate, Kochi, Mohali, Parsvnath Developers, Private Equity Funds, Sezs, Special Economic Zone
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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 crores [...]
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 developers [...]
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