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      <title>INRnews - Indian Real Estate &amp; Property News</title>
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      <copyright>Copyright 2008</copyright>
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         <title>Roca opens 50th brand store in India in Chennai | INRnews</title>
         <description><![CDATA[Chennai, India, March 31, 2008 - Roca, the world leader in sanitary ware, today launched its 50th showroom in Chennai to mark a year of the company&rsquo;s entry into India. The new store was inaugurated by Mr. Arun Alagappan, Director, Parryware Roca Private Limited. The exquisite-range of Roca products for bathrooms can now be acquired at the new showroom, Presencia located at Lloyds Road, Gopalapuram, Chennai.&nbsp; ]]></description>
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         <category>Chennai</category>
         <pubDate>Mon, 31 Mar 2008 13:53:47 +0800</pubDate>
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         <title>Additional FSI for hospitals will bring down healthcare cost in Tamil Nadu | INRnews</title>
         <description><![CDATA[Chennai, India, March 27, 2008 -&nbsp; &quot;The Government of Tamil Nadu should hike the Floor Space Index (FSI) for hospitals and healthcare institutions from the current 1.5 to 5 to bring down the rising healthcare cost, increase number of beds and healthcare talent pool of the State,&quot; urged Dr Prathap C Reddy, Chairman, CII National Committee on Healthcare &amp; Chairman, Apollo Hospitals Group. &quot;The relaxation in FSI will allow hospitals and institutions create more infrastructure in the same premises. They do not have to invest as much as 40-50% of the project cost in acquiring new lands. Instead they can invest directly in healthcare equipments or human resources and reduce healthcare cost,&quot; he pointed out.]]></description>
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         <category>Tamil Nadu</category>
         <pubDate>Thu, 27 Mar 2008 21:25:11 +0800</pubDate>
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         <title>MARG unveils plans for new city - “MARG Swarnabhoomi” in Tamil Nadu | INRnews</title>
         <description><![CDATA[Chennai, India, February 08, 2008 - MARG Ltd; (formerly MARG Constructions Limited) announced the launch of its mega infrastructure project &ndash; &ldquo;MARG Swarnabhoomi&rdquo; off the East Coast Road near Chennai.]]></description>
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         <category>Tamil Nadu</category>
         <pubDate>Fri, 08 Feb 2008 21:31:59 +0800</pubDate>
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         <title>Sabari Foundations to develop apartment complex at Siruseri, Chennai | INRnews</title>
         <description>Chennai, India, January 21, 2008 - Chennai-based Sabari Foundations is to develop 308 apartments on a 10-acre site near the Sipcot Industrial complex at Siruseri. The total project cost is Rs 180 crore.</description>
         <link>http://www.INRnews.com/realestateproperty/india/chennai/sabari_foundations_to_develop.html</link>
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         <category>Chennai</category>
         <pubDate>Mon, 21 Jan 2008 18:05:58 +0800</pubDate>
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         <title>$150 million Pragnya Fund 2 to focus on South realty and hospitality projects | INRnews</title>
         <description><![CDATA[Chennai, India, January 21, 2008 - Pragnya, a private equity fund, is to launch a $150 million fund &quot;Pragnya Fund 2&quot; focused on real estate and hospitality projects in South India.]]></description>
         <link>http://www.INRnews.com/realestateproperty/india/fdiinvestment/150_million_pragnya_fund_2_to_focus_on_south_realty_and_hospitality_projects_inrnews.html</link>
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         <category>FDI/Investment</category>
         <pubDate>Mon, 21 Jan 2008 17:52:37 +0800</pubDate>
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         <title>L&amp;T launches premium township project off Old Mahabalipuram Road, Chennai | INRnews</title>
         <description><![CDATA[Chennai, India, January 21, 2008 - L&amp;T South City Projects Limited (L&amp;T SCPL) has launched &ldquo;Eden Park&rdquo; &ndash; an integrated township off Old Mahabalipuram Road, Chennai, on January 18, 2008.]]></description>
         <link>http://www.INRnews.com/realestateproperty/india/chennai/lt_launches_premium_township_p.html</link>
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         <category>Chennai</category>
         <pubDate>Mon, 21 Jan 2008 17:43:35 +0800</pubDate>
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         <title>Hirandani Palace Gardens in Chennai sees strong sales | INRnews</title>
         <description><![CDATA[London, UK, January 15, 2008 - Hirco PLC (AIM: HRCO), the investment vehicle for Hiranandani, India&rsquo;s largest developer of prestigious mixed-use townships, today announced that sales of residential units in Phase 1 of its Chennai township development, Hiranandani Palace Gardens, continue to be strong both in terms of volume of residential units sold and the level of pricing achieved.]]></description>
         <link>http://www.INRnews.com/realestateproperty/india/companies/hirandani_palace_gardens_in_ch.html</link>
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         <category>Companies</category>
         <pubDate>Tue, 15 Jan 2008 17:00:35 +0800</pubDate>
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         <title>Tamil Nadu levies infrastructure charges on builders | INRnews</title>
         <description>Chennai, India, January 13, 2008 - In a move likely to be welcomed by those concerned with unplanned growth and poor infrastructure, the Tamil Nadu Government has decided to charge builders an infrastructure and amenities charge of between Rs 200 - 1,000 per sq.m excluding non-FSI and parking areas.</description>
         <link>http://www.INRnews.com/realestateproperty/india/tamil_nadu/tamil_nadu_levies_infrastructu.html</link>
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         <category>Tamil Nadu</category>
         <pubDate>Sun, 13 Jan 2008 17:41:55 +0800</pubDate>
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         <title>Godrej looking to develop factory land | INRnews</title>
         <description>Mumbai, India, January 03, 2007 - The Godrej Group, a leading industrial group in India, is looking at real estate development of some of its factory properties.</description>
         <link>http://www.INRnews.com/realestateproperty/india/mumbai/godrej_looking_to_develop_fact.html</link>
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         <category>Mumbai</category>
         <pubDate>Thu, 03 Jan 2008 19:39:01 +0800</pubDate>
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         <title>Indian Real Estate Roundup - 2007 | INRnews</title>
         <description><![CDATA[Mumbai, India, January 01, 2008 - Anuj Puri, Chairman &amp; Country Head, Jones Lang Lasalle Meghraj, looks back on the year 2007 in Indian real estate.]]></description>
         <link>http://www.INRnews.com/realestateproperty/india/indian_real_estate_roundup_-_2007_inrnews.html</link>
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         <category>India</category>
         <pubDate>Tue, 01 Jan 2008 18:16:15 +0800</pubDate>
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         <title>Parryware Bags India&apos;s largest order with Prestige Group | INRnews</title>
         <description><![CDATA[Chennai, India, December 28, 2007 - Parryware Roca Private Limited, the No. 1 bathroom solutions provider in India along with Prestige Group, Bangalore&rsquo;s leading real estate developer have reaffirmed their commitment in transforming Bangalore skylines by providing contemporary bathrooms in all the upcoming projects of Prestige Group across the city. Parryware has signed a deal worth Rs 15 crores with the Prestige Group. Over 15,000 bathrooms in the Prestige Group landmark projects like Shantiniketan, Wellington Park and Kensington Gardens will have Parryware products.]]></description>
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         <category>Material and Supplies</category>
         <pubDate>Fri, 28 Dec 2007 18:28:54 +0800</pubDate>
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         <title>Starwood to launch new aloft hotels in Chennai and Bangalore | INRnews</title>
         <description><![CDATA[Chennai, India, December 20, 2007 - Starwood Hotels &amp; Resorts Worldwide, Inc. today announces that its much-anticipated new lifestyle brand, aloft(SM) hotels, will partner with Urbanedge Hotels Private Limited, a joint venture between Citigroup Property Investors and Auromatrix Hotels Private Limited, to develop aloft hotels across India. The brand's first two hotels to open in India will be aloft Bangalore, Whitefield and aloft Chennai, OMR - Sholinganallur. ]]></description>
         <link>http://www.INRnews.com/realestateproperty/india/hospitality_industry/starwood_to_launch_new_aloft_hotels_in_chennai_and_bangalore_inrnews.html</link>
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         <category>Hospitality Industry</category>
         <pubDate>Thu, 20 Dec 2007 20:09:18 +0800</pubDate>
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         <title>Map region will be a counter magnet to migration to chennai | INRnews</title>
         <description><![CDATA[Chennai, India, December 18, 2007 - &ldquo;The development of towns and cities around Chennai, as envisaged by the Marakkanam, Arakkonam and Pulicat (MAP) Chennai Region, would strengthen the urban phenomenon in Tamil Nadu and absorb the shock of migration to Chennai. The MAP Chennai region would act as a counter magnet to the wave of migration to the metropolitan area, in the same way the National Capital Region comprising cities such as Gurgaon and Noida reduced the net rate of migration to Delhi,&rdquo; said Mr S Jaipal Reddy, Minister for Urban Development, Government of India. He announced that the Central Government would soon give its nod to the Chennai Metro Rail project and help the State Government introduce Bus Rapid Transport System in Chennai and the tier II cities of Coimbatore, Trichy and Madurai.]]></description>
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         <category>Chennai</category>
         <pubDate>Tue, 18 Dec 2007 18:22:27 +0800</pubDate>
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         <title>CII INFRA 2007 to propose &apos;MAP&apos; region for development in Tamil Nadu | INRnews</title>
         <description>Chennai, India, December 15, 2007 - Confederation of Indian Industry (CII), Tamil Nadu State Council is all set to propose the development of &apos;MAP&apos; region (comprising Marakkanam, Arakkonam, and Pulicat) to build a strong Greater Chennai Region for balanced and inclusive regional development in Tamil Nadu.</description>
         <link>http://www.INRnews.com/realestateproperty/india/chennai/cii_infra_2007_to_propose_map.html</link>
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         <category>Chennai</category>
         <pubDate>Sat, 15 Dec 2007 18:25:37 +0800</pubDate>
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         <title>Red Fort Capital to float domestic realty fund | INRnews</title>
         <description>New Delhi, India, December 13, 2007 - New Delhi-based realty funding company Red Fort Capital Advisors Pvt Ltd will float a Rs.8-billion fund to finance real estate development projects in India.</description>
         <link>http://www.INRnews.com/realestateproperty/india/fdiinvestment/red_fort_capital_to_float_dome.html</link>
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         <category>FDI/Investment</category>
         <pubDate>Thu, 13 Dec 2007 18:44:12 +0800</pubDate>
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