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SRS group on expansion mode

Faridabad-headquartered, Rs 700 crore SRS group is on an expansion mode. The group, which has interests spanning real estate, retail, multiplexes, hotels and aviation has earmarked about Rs 600 crores investments for the current fiscal to expand network of...

Parsvnath to build hypermarkets

Real estate firm Parsvnath Developers will announce a joint venture with a foreign partner in June to develop around eight to ten hypermarkets in India, as rising incomes boost spending power in the country."Our focus in the first year...

Record US$20.3 billion FDI drives Vietnam real estate

Record foreign direct investment (FDI) worth US$20.3 billion in 2007 is driving Vietnam’s real estate industry, but experts have urged existing and would-be investors and developers to take a holistic approach, and support local and regional infrastructure requirements.The cautionary...

Chadha Group to develop malls in tier II cities

The Chadha Group, the Chandigarh-based real estate developer, has planned to invest around Rs 3, 000 crore to develop malls and shopping centres in the tier II cities.Manpreet Singh Chadha, vice president, sales and marketing, The Chadha Group, told...

Two more from DLF

Real estate major DLF will significantly extend premium retail space in the capital, having acquired land to develop two premium malls.“After completion of Emporio mall, which will only house luxury brands, the development of premium malls will begin. Both...

Spar questing for partners in India

Dutch retailer Spar International is looking to tie up with retailers having individual store that can run under the Spar brand name.Gordon R Campbell, managing director, Spar International, in a statement said, “Finding right partner and sight is a...

Daimler skimming off real estate assets

German carmaker Daimler is starting to cash in on its real estate holdings. As part of this exercise, it just sold a large swathe of property in Frankfurt, including office space and retail outlets, to the asset management division...

Indiabulls to have majority stake in Piramyd Retail

In an effort to accelerate growth and put together the desired capital, retail major Piramyd Retail has divested its 63.9 per cent stake to Indiabulls Real Estate (IBREL).Confirming the news, Nandan Piramal, vice chairman and managing director, Piramyd, told...

DLF rules out foreign buyouts

Real estate company DLF Limited is not interested in overseas acquisitions. Rather, the company is planning to expand in the domestic hospitality segment.“There is nothing to comment on… we don’t know from where these reports have emanated, nor the...

Revenue of DLF touches Rupees 3349 crore

India’s largest real estate company, DLF Limited, recorded consolidated revenues of Rs 3,349 crore for the quarter ended September 30, 2007, an increase of 7.3% from Rs 3,121 crore in the first quarter of the current fiscal.The Board of...
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Nothing Before Coffee targets Rs 100 cr revenue run rate by March 2025

Currently, the coffee-house chain is planning to open more than 35 stores over the next three monthsBengaluru: Jaipur-based quick...
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