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Paras Downtown Square wins property award

Paras Downtown Square coming up at Zirakpur on Delhi-Chandigarh-Shimla highway has bagged the Indian Property Awards 2007.One of the largest malls with four multiplexes coming up on 3,50,000 square feet area at Zirakpur in Punjab gets the award as...

Cityscape Market Intelligence Service report looks at emerging markets — India top overall rankings

Middle Eastern developers looking to expand and diversify their interests outside the region have been given a boost by a new report commissioned by Cityscape Market Intelligence Service (CMIS) and launched at Cityscape Dubai 2007, a global B2B real...

Forum Projects to construct 10 malls

Real estate developer Forum Projects plans to set up 10 malls in east India. Investments of over Rs 2,700 crore are lined up for the projects, which are likely to start this fiscal, and the company hopes to complete...

Foreign biggies keen on multiplex chains in India

Foreign entertainment conglomerates including US-based Time Warner and Australia-based Hoyts are in talks with real estate developers in India, among them DLF Group, Raheja Group and Sobha Developers, to set up chains of multiplexes. South Korean multiplex operator Megabox...

Retail Industry – The Budget: Before and After – AT Kearney India

Retail Industry – The Budget: Before and After Raman Mangalorkar, Principal, AT Kearney India1. The Indian retail marketThe Indian retail paradigm is shifting with the emergence of new formats in the form of hypermarkets, supermarkets, and specialty and convenience stores. A...

Budget 2007 Highlights – THE REAL ESTATE CONTEXT

An encapsulation of the aspects of Union Budget 2007 relevant to the real estate sector, by Trammell Crow Meghraj, IndiaTourism•Tourism infrastructure to get an allocation of Rs 520 crore as against Rs 423 crore last year •Five-year tax holiday for...

Citi Property to invest $120 million in luxury hotels

The New York-based Citigroup Property Investors (CPI) will invest up to $120 million in Bangalore-based Nitesh Estates’ luxury hotels.CPI, which is among the biggest private equity investors in the Indian real estate market, recently transacted a $100-million five-star hotel...

International brands think global – Indian brands think local

“International brands think global, Indian brands think local”Need for changing mindsets, smart business practices and outlookMumbai, January 24, 2007: India is seeing an explosive growth in retail and the engine for this growth is the mall. But there are...

Rs 15 bn to be raised by Omaxe IPO

On of the biggest real estate firm Omaxe Ltd has filed a red herring prospectus with the regulator for an initial public offering. Sources close to the banker involved in the deal said that this IPO could raise money...

Property Retailer To Take Organized Approach

It is time that property retailers/consultants to take an organized approach in their dealings. According to industry sources, Jaydaad.com, an online property portal, has decided to set up a network of 600 offline, hi-tech, retail shops across the country....
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Swiggy announces 5th ESOP liquidity programme worth $65 million

So far, the company has cumulatively enabled over Rs 1,000 crore of ESOPs liquidity over the five events, benefitting...
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