It was a realty blitz that took the city by storm. But the euphoria has not translated into bookings. Pick-up for all the three major players, Parsvnath, Emaar MGF and Uppal’s, which have already started bookings for their housing projects, has been slow and they still have to reach the 60 per cent bookings benchmark […]
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Currently browsing posts found in December2007
Luxury housing concept gets lukewarm response
Vipul Infra in Rs 500 cr hospitality foray
Gurgaon-based Vipul Infrastructure Group is set to board the hospitality train. The company’s hotels division, Vipul Hospitality, has signed a memorandum of understanding with leading operator Sarovar Hotels and Resorts to open five new hotels, to start with.Punit Beriwala, managing director of Vipul Hospitality was not available for a comment. Company officials, though, said the […]
New IT campus hub in UP
A 650-acre IT park is coming up in Noida on the outskirts of Delhi. Being built by the Noida Development Authority, over 100,000 IT-ITeS employees are expected to work here
HCL Technologies has announced a 46-acre technology hub for 15,000 employees in Greater Noida
The IT services major Birlasoft, a part of the $1.4 billion CK Birla […]
Parsvanath wins Greater Noida bid
Parsvnath Developers Ltd, one of India’s leading real estate developers has won the bid to develop a commercial project on 18632 sq mt of land at Sector Delta-II in Greater Noida.
The estimated cost of the project to the company including land would be Rs 160 crore. The saleable area would be approximately 3.6 lakh sq […]
Tatas eye property in Jaipur
While Tatas plan super luxury hotel in Delhi, Yannick Poupon, Taj Luxury hotels’ area director did not disclose the proposed investment figure.
However, a rough indication could come from another mega deal struck in central Delhi a few months back by the Leela Group, which bought a three-acre plot in Chanakyapuri, for […]
Oldest employee initiates 5-star hotel’s expansion
Chandigarh, Dec 14 (IANS) As a token of appreciation, a cook who worked for 26 years at a government-run hotel here initiated its expansion plan by digging the earth and placing the first brick.
The cook, Khiali Ram, joined Hotel Mountview way back in 1982 - when it was still a private hotel managed by […]
Pune hotel bars Panditji for carrying doggy in bag
Pandit Ravi Shankar, renowned across the world for pulling strings consummately, could not persuade a Pune 5-star hotel to allow him to check in with his therapeutic dog. The hotel adheres to a strict no-pets policy, apparently because the sight of an animal lounging in the lobby makes its foreign guests believe that the property […]
Quake shakes Delhi, NCR; no damage reported
Light intensity earthquake measuring 4.3 on the Richter scale shook Delhi and adjoining areas of the national capital region this morning.
The epicenter of the earthquake was 10 kilometers from Bahadurgarh, a Haryana town adjoining Delhi, officials said.
People, particularly those living in high rise buildings ran out of their beds as strong tremors shook buildings at […]
DLF in talks with Escorts for new landmark
Real estate major DLF is in talks with tractor company Escorts to acquire its surplus land assets at Faridabad in Haryana. The surplus property of the tractor maker, owned by the Nanda family, is spread over more than 200 acres on the national highway and in close proximity to the Delhi border. Sources close to […]
Parsvanath wins Greater Noida bid
Parsvnath Developers Ltd, one of India’s leading real estate developers has won the bid to develop a commercial project on 18632 sq mt of land at Sector Delta-II in Greater Noida.
The estimated cost of the project to the company including land would be Rs 160 crore. The saleable area would be approximately 3.6 lakh sq […]
Recent Posts
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- Why Emaar MGF is a big bet for investors
- India’s GDP Growth May Slow for First Time in 3 Years
- Luxury housing concept gets lukewarm response
- Vipul Infra in Rs 500 cr hospitality foray
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