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December 13, 2011

TATA Housing announces its first PPP venture in Bhubaneswar

TATA Housing has announced its plans to expand its presence in the tier-II cities of India, by signing its first PPP venture in the ‘Temple City of India’ – Bhubaneswar, in association with Bhubaneswar Development Authority (BDA).

News

December 13, 2011

MCHI organising India Realty Expo in Dubai from Jan 12–14, 2012

Maharashtra Chamber of Housing Industry (MCHI), is organising its Property Show in Dubai, U.A.E. from January 12 – 14, 2012.

Company News

December 12, 2011

DLF to raise Rs 550 crore by selling hotel to Square Four Housing

DLF is reportedly raising Rs.500 crore by sell of its stake in hotel subsidiary to Kolkata-based Square Four Housing & Infrastructure Private Ltd.

Company News

December 12, 2011

Unitech puts infra expansion plans on hold

Unitech Ltd said on Monday, Dec 12, it has put on hold a plan to expand its infrastructure business and withdrawn another to merge two of its subsidiaries due to poor macroeconomic scenario.

Hospitality

December 11, 2011

Luxury hotel brands eye India market

Many of the best luxury and ultra-luxury hotels from all over the world are readying plans to enter the India market, and are expected to set up chains over the next couple of years.

Company News

December 11, 2011

Saffron Group to invest more in hospitality ventures

Saffron Group, the Delhi-NCR based real estate group, which has recently forayed into hotel business by launching the maiden hotel property – Comfort Inn Saffron Kiran at Faridabad, NCR, plans to make more investments in the hospitality sector primarily in Northern India.

Company News

December 10, 2011

Fitch removes Unitech, Parsvnath from coverage

International agency Fitch Ratings has withdrawn ratings for various debt programmes for two listed real estate companies — Unitech and Parsvnath Developers Ltd — from its coverage.

Company News

December 10, 2011

Ajmera Realty & Infra India acquires 100% stake in Ajmera Biofuel

Ajmera Realty & Infra India has announced that the company has acquired 100% stake in Ajmera Biofuel (ABL) subject to such approvals, consent, sanctions and permissions as may be required.

Company News

December 8, 2011

Wave Inc appoints IBM to deploy IT Infrastructure for Smart Township

Wave Inc has engaged IBM to provide a roadmap to make its green-field township, Wave City, a smarter township. Located in Ghaziabad (Uttar Pradesh State).

Company News

December 7, 2011

RICS and Sam Circle Venture launch mass housing concept with lesser time

RICS launched a revolutionary concrete panel based mass housing concept – known as ‘India Concept House (ICH)’ in partnership with Sam Circle Venture and its partners, KieranTimberlake and ProjectWell.

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