Supertech signs contract with Benoy
Supertech has signed contract with Benoy, a U.K.-based architectural firm, for master planning and architectural designing of an upcoming 30,00,000 square feet site mixed use development project in Noida.
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JLL Asia Pacific property digest: Pune – Q2, 2011
Both absorption and leasing activity remained robust in Pune in 1H11. Net overall absorption was 2.3 million sq ft (213,591 sqm), with 1.5 million sq ft leased during 2Q11.
Xander to invest Rs 240 crore in HCC Concessions
US-based investment firm Xander Group will invest Rs.240 crore in construction and civil engineering major HCC Infrastructure.
Interstate Hotels & Resorts expands its India portfolio
Interstate Hotels & Resorts, announced that JHM Interstate Hotels India, a 50/50 joint venture management company between Interstate and JHM Hotels, has signed contracts to operate two more hotels in India.
Spencer’s eyes foreign ties
Spencer’s has initiated stake sale talks with a foreign retailer on hopes that foreign direct investment will be opened up in multi-brand retail.
JLL Asia Pacific property digest: Bangalore
Demand continued to be robust in Bangalore with corporates expanding and leasing large spaces.
JLL Asia Pacific property digest: Delhi NCR
Leasing activity continued to remain strong in suburban micro-markets of Delhi – NCR, while the CBD and SBD saw moderate activity.
V Square launches “114 Avenue” – An integrated commercial hub
V Square, a Real Estate Development Management Company has launched a commercial project, “114 Avenue”, located at Sector-114, Delhi Extension, Gurgaon.
DLF hires Chairman’s grandson on board as trainee
A new next-generation member from its founding family has joined the country’s largest real estate group DLF, but Rahul Talwar, a grandson of chairman KP Singh, would begin his journey as a ‘trainee’.
Giorgio Armani and Ferragamo may change DLF as Indian partner
Two marquee international brands — Giorgio Armani and Ferragamo — that have joint ventures with leading realty player DLF group’s subsidiary, DLF Brands, have been talking to other corporate groups and investors to scope out the potential of changing their Indian partner.