Videocon’s hotel project in Ahmedabad on hold
Videocon Group has put its hotel project on backburner. The company now plans to enter the Ahmedabad real estate market with a residential cum commercial project on the prime location of Ashram Road.
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KUL gets Rs 50 crore by private investors
Kumar Urban Development Ltd (KUL) has raised Rs.50 crore from two private investors, taking its total fund-raising this year to about Rs.300 crore.
Edelweiss Housing targets Rs 1000 cr loan biz by 2015
Edelweiss Housing Finance Ltd (EHFL), the housing finance arm of Edelweiss Group, has launched its operations in Pune.
Ascott to expand footprint in India
Ascott, one of the world’s largest serviced residence owner-operator, is expanding its footprint in India in cities like Mumbai, Delhi and Pune, adding to its $250 million investment in seven upcoming properties.
AIMS Sanya Developers appoints new CEO
Realty firm Aims Sanya Developers has appointed Sonia Kathuria as Chief Executive Officer for the group.
Why Goa Government rejected CBI probe in Aldeia de Goa project?
In 2008, the People’s Movement for Civic Action (PMCA) and the Goa Foundation approached the High Court for a CBI inquiry into the disappearance of all files containing approvals relating to the construction of the Aldeia de Goa complex.
Hindustan Motors clarifies on land deal allegations
Hindustan Motors (HM) has refuted allegations of irregularities in a land deal at the Uttarpara plant in Bengal.
DLF net falls 13% in Q1
DLF on Tuesday, August 2, reported a 12.81 per cent decline in its consolidated net profit for the first quarter ended June 30 at Rs.358.36 crore.
GVK bags Rs 2,815 crore MP highway
GVK Power and Infrastructure has bagged the bid for the Rs.2,815 crore Shivpuri-Dewas national highway project in Madhya Pradesh, by offering a premium of Rs.180.90 crore.
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.