Gurgaon Real Estate Archives - Page 30 of 30

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January 14, 2011

Sun Apollo invests Rs 100 crore in Parsvnath project

Private equity investments continue to trickle into project or SPV level in the realty space. Sun Apollo India Real Estate Fund LLC, a $630-million India-dedicated real estate private equity fund, has invested Rs 100 crore in a residential project SPV led by Parsvnath Developers Limited (PDL). SUN-Apollo will invest Rs 100 crore for a 49.9% stake in the project SPV, Parsvnath Buildwell Private Limited, which will develop a premium residential project at Ghaziabad, Uttar Pradesh, spread over an area of 31 acres. The project is called Parsvnath Exotica- Ghaziabad.

Company News

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January 14, 2011

Starbucks in talks with some realty companies

Starbucks, the world’s largest coffee chain, is still in talks with New Delhi-based Jubilant FoodWorks and some of the top real estate and retail chains to set up standalone stores in the country, said a person with direct knowledge of the development. Starbucks has signed a binding memorandum of understanding (MoU) with Tata Coffee to set up stores in Tata Group’s associated retail outlets and hotels besides sourcing and roasting coffee beans in Tata Coffee’s Kodagu facility in Karnataka.

Company News

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January 14, 2011

After JLLM & C&W, Crisil also forecasts price correction

The buzz word among realty consultants at the beginning of the year seems to be price correction. After the real estate firms like Jones Lang LaSalle India and Cushman & Wakefield forecast of a correction in real estate prices in 2011, now Crisil also forecasts a price correction, though in select pockets.

Company News

Land sale, Aricent technologies, JLLM, Jones Lang LaSalle India, track2realty, track2media, ravi sinha, ncr real estate, ncr property, delhi property, delhi real estate, india real estate, india real estate news, real estate news india, india property news, property news india, india realty news, realty news india

January 14, 2011

Aricent Technology land up for sale

After Gurgaon One, western part of the city might see rise of another multi-storey building in the same vicinity. Jawala Mills, decades-old defunct textile mill on Old Delhi Road is slated to be sold by mid-February. The 17 acres of land was first purchased by IT major Aricent Technologies in early 2000s as tech firm wanted to re-develop the area into an office space. However, the new Master Plan of Gurgaon has marked the area as a residential zone. Following this, Aricent Technologies have decided to put the land up for sale.

Case Studies

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January 12, 2011

GURGAON – deep and diverse local economic and hospitality demand drivers

Gurgaon initially gained prominence as an outsourcing centre for major international companies that found it cheaper to locate their back-end operations in India due to the availability of high-quality but cost-effective employee resources. GE Capital initiated this trend and was the first multinational company to enter Gurgaon in 1997.