India property show 2011 begins in Oman
Anil Wadhwa, Indian Ambassador to the Sultanate of Oman inaugurated the two-day India Property Show (IPRO 2011) today at Al Falaj Hotel.
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Movenpick announces second property in India
Movenpick Hotels & Resorts has announced an upcoming property in Northern India; the Movenpick Dharamshala Resort & Spa, which is due to open in 2013.
Chintels launches 300 acres township in New Gurgaon
Chintels India Ltd. has announced the launch of First phase of its 300 acres township project in New Gurgaon. Chintels Paradiso – a group housing project that will consist of more than 500 apartments is the first phase of a large development project.
Investing in non-agricultural land
Buying land can be a time-consuming and expensive affair. Not only can the initial phase of buying it be quite complicated, but the cost involved in maintaining a purchased plot can also be quite high.
Thai hotelier set to enter India
Top Thai hotelier of Indian origin Sonu Shivdasani is making his debut in India with spas, resorts and fine dining restaurants and with plans for some well-appointed boutique hotels to tap high-end travelers.
Simplex denies CBI raids
Simplex Infrastructure has denied to the news reports regarding CBI raid at Simplex Infrastructures Ltd offices in Kolkata. A statement issued on behalf of the company says that this news is incorrect and baseless as there is no such occurrence at Simplex Infrastructures office and we have no association with CWG projects.
Ahmedabad’s second tallest building comes up at Maninagar
Ahmedabad Municipal Corporation has added another feather to its realty cap, with the 47-metre tall Maninagar Medical College, adjacent to LG hospital, the second tallest building of the city coming up at the cost of Rs.45 crore.
Lodhas asked to stop work at luxury township
Thane Municipal Corporation has issued a stop-work order against Casa Univis, a luxury township project by Lodha Developers. The project involves development of 26 towers over 55 acres in Ghodbunder Road in Thane.
Biggest commercial land deal worth Rs 6,500 crore in Noida
Finally, India’s biggest commercial land deal was done in Noida on Friday. So far Noida has not declared officially the name of the bid winner but sources said that the bid for commercial plot worth Rs 6,500 crore has been made.
Infrastructure in India – The PPP model
Infrastructure plays key role in economic development of the country and, in India, it has being increasingly recognized that Infrastructure development is inevitable for a sustained high growth rate in GDP. It has been recognized that there is a significant deficit in the availability of physical infrastructure across different sectors in the country, hindering economic development.