| Amrapali unveils twin projects in NoidaRealty major Amrapali Group has just announced the launch of its prestigious twin projects, Amarapali Silicon City’s Princely Elite and Amrapali Smart City, in Noida. The company will invest Rs 4,000 crore to develop 12,000 housing units in these projects over the next three years…. |
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Ansal API to re-enter hospitality, invest Rs 200 crore over 3 yearsAnsal API Group, owned by Sushil Ansal, has decided to venture into the hospitality sector again, with plans to set up a chain of mid-segment hotels and clubs in tier I and II cities…. |
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Punj Lloyd gets ‘Infrastructure Company of the year’ awardPunj Lloyd, the global engineering, procurement, construction conglomerate has been conferred the coveted ‘Infrastructure Company of the year’ award at the Essar Steel Infrastructure Excellence Awards 2010 in association with CNBC TV 18…. |
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India aiming at double-digit economic growth: FMWith economy showing signs of steady recovery, the government said its aim was to soon break the double-digit growth barrier…. |
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RBI may further tighten policy: SBI chiefThe chairman of India’s top lender State Bank of India (SBI) said that the Reserve Bank of India (RBI) could further tighten monetary policy if March inflation was uncomfortable, and that liquidity in the system was surplus…. |
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Land deals in Ahmedabad set record: Rs 900 crore, 15 daysThe realty scene in Ahmedabad is glowing, what with realtors sealing one mega land deal after another, within the past one fortnight. Real estate experts in the city said land deals worth a massive Rs 900 crore had been inked in the city in the past 15 days. This is the highest figure for real estate transactions in a fortnight for the past one decade, higher than even the boom years for the sector…. |
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Baddi master plan hangs fire due to regulatory issuesAwaiting nod from the Himachal Pradesh government for over a year now, the fate of comprehensive Baddi master plan remains uncertain…. |
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Maharashtra ranks third among BPL states after UP, BiharMaharashtra’s image as a progressive state has taken a beating with recent figures rating it third after Uttar Pradesh and Bihar in terms of people below poverty line…. |
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Dubai home prices fall most in world in 2009Dubai house prices plummeted by 45 per cent, making it the worst performing real estate market in the world, according to The Wealth Report 2010…. |
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EFG unit, JP Morgan in talks to invest $100 million in UAE this yearUAE-based Emirates Fortune Group’s (EFG) real estate advisory arm is in talks with JP Morgan Chase, a global financial services firm, to help it invest $100 million in the country’s property market in 2010, Naser Muheyeldin, the company’s chief executive said…. |
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Real estate investment sales showing signs of strengthening in Singapore: CBREProperty consultancy CB Richard Ellis (CBRE) on Wednesday said activity in the real estate investment sales market has started to strengthen with the recovery of the Singapore economy…. |
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3 SEZ developers to surrender projectsInvestors remain shy of the once much-touted SEZs projects, as a large number of developers have approached the government seeking more time to execute them, while three others have decided to surrender their projects…. |
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IRB ties up funds for two highway projectsInfrastructure development and construction company IRB Infrastructure Developers has tied up funds to the tune of Rs 1,824 crore for its two highway projects — Pathankot-Amritsar highway and Jaipur-Deoli highway…. |
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