The Indian engineering major L & T Construction had secured new orders worth Rs 1,340 crore in building and factories segment during the second quarter of this 2011-12 fiscal.
According to L & T Construction in a statement, The company has secured new orders aggr…
Showing posts with label India. Show all posts
Showing posts with label India. Show all posts
DLF plans to cut debt by Rs 3,000 cr by 2012 March
According to India’s largest real estate developer, DLF's group executive director Rajeev Talwar, DLF plans to cut its debt by Rs 2,500-3,000 crore by the end of this 2011-12 financial year.
The company aims to reduce debt through the divestment of noncore assets, inclu…
Credai Pune opens Virtual Realty Fair - e - PROFEST
The CREDAI (Confederation of Real Estate Developers Associations of India) Pune Metro Chapter has opened 'e - PROFEST 2011", Pune's Virtual Realty Fair. The virtual expo promises to showcase over 500 projects from Pune, Pimpri-Chinchwad Municipal Corporation a…
IT sector rules Bangalore real estate : Knight Frank
The Karnataka capital Bangalore has once again emerged as the city with the largest office space absorption, with the IT (Information Technology) and ITeS (Information Technology enabled Services) sector ruling the roster.
According to research firm Knight Frank's repor…
Spree Hotels plans all India expansion
Bangalore based a start up hospitality venture, Spree Hotels is planning to go pan India by setting up 10 hotels across the country in tier I and II cities in the next 2 years. Mr. Keshav Baljee, MD of Spree Hote l said “We want to launch a total of 10 hotels across the cou…
Bangalore expects 35 more hypermarkets : CB Richard Ellis
According to CB Richard Ellis, an International real estate consultant, Karnataka capital Bangalore is witnessing a big change in its retail stores with a number of hypermarkets getting operational. The city is expected to witness addition of about 35 in 3 to 5 years.
C…
Special Economic Zones to meet on September 9, 2011
The Board of Approval (BoA) for Special Economic Zones (SEZs), headed by commerce secretary Mr, Rahul Khullar is scheduled to meet on 2011, September 9 to discuss matters like setting up of new such enclaves in the country.
The 19-member inter-ministerial BoA in its last…
Videocon’s hotel project on hold and plans realty
Videocon Group, the Indian MNC consumer durable goods company, has put its hotel project on hold. The company now plans to enter the Ahmedabad real estate market with a residential cum commercial project on the prime location of Ashram Road. The Videocon Group has already s…
