Main || Delhi & NCR

April 02, 2008

Era Infra secures construction orders | INRnews

Mumbai, India, April 02, 2008 - Era Infra Engineering Ltd has announced that the Company has secured an order valued at approximately Rs 4 crore from Jeet builders Pvt Ltd for supply of Ready Mix Concrete (RMC) for the construction of multi storied residential complex at Greater Noida.

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Era Infra secures construction orders | INRnews

Mumbai, India, April 02, 2008 - Era Infra Engineering Ltd has announced that the Company has secured an order valued at approximately Rs 4 crore from Jeet builders Pvt Ltd for supply of Ready Mix Concrete (RMC) for the construction of multi storied residential complex at Greater Noida.

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Era Infra secures construction orders | INRnews

Mumbai, India, April 02, 2008 - Era Infra Engineering Ltd has announced that the Company has secured an order valued at approximately Rs 4 crore from Jeet builders Pvt Ltd for supply of Ready Mix Concrete (RMC) for the construction of multi storied residential complex at Greater Noida.

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March 31, 2008

GMR Infrastructure - DIAL ties up with Indraprastha Apollo Hospital for medical facilities at Delhi Airport | INRnews

New Delhi, India, March 31, 2008 - GMR Infrastructure Ltd has informed BSE that Delhi International Airport Pvt Ltd (DIAL), subsidiary of the Company has selected Indraprastha Apollo Hospital to provide medical facilities in line with its commitment to providing superior medical facilities to air passengers and employees at Indira Gandhi International (I.G.I) Airport.

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March 25, 2008

BT sets up Global Operations Centre in Gurgaon, India | INRNews

Gurgaon, India, March 25, 2008 - BT today announced the opening of its Global Operations Centre at Gurgaon, India, in presence of Sir Mike Rake, Chairman, BT Group and Ben Verwaayen, CEO - BT Group among other BT executives.

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March 12, 2008

Ansal API- Giving Kurukshetra a modern makeover | INRnews

New Delhi, India, March 12, 2008 - Ansal API in its endeavour to provide the best real estate solutions and redefining lifestyle standards in Kurukshetra has introduced one of its kind, truly luxurious and epic township- “Sushant City- Kurukshetra”. Located strategically on the NH-1, the township is spread over an area of 200 acres with, malls, local shopping centres, schools, hospitals, jogging tracks, parks, club, community centre etc.

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February 28, 2008

Parsvnath Developers commences construction of group housing project at Sonepat | INRnews

New Delhi, India, February 28, 2008 - Parsvnath Developers Ltd on February 28, 2008 has announced the start of construction of 'Parsvnath Preston' a high-end group housing residential project, in Sonepat, Haryana. The expected realization from the project is over Rs 500 crore in next 3 years including this financial year. The project is spread over a saleable area of 2.2 million sq. ft.

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February 21, 2008

Parsvnath performs Bhoomipujan of "Parsvnath Mall" at Rohini | INRnews

New Delhi, India, February 21, 2008 - Parsvnath Developers Ltd on February 21, 2008 has announced the beginning of construction of its prestigious Mall at Rohini christened as "Parsvnath Mall". Parsvnath will invest approx. Rs 280 crores in the project. The Company performed the earth-breaking ceremony today.

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February 07, 2008

Indiabulls acquires DLF stake in Tehkhand residential project at South Delhi | INRnews

New Delhi, India, February 07, 2008 - Indiabulls Real Estate Ltd has announced that Indiabulls Infrastructure Ltd ("IIL"), a subsidiary of the Company, has acquired 100% shareholding of Catherine Builders and Developers Pvt Ltd ("Catherine") from DLF Home Developers Ltd.

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February 02, 2008

Delhi International Airport acquires state of art runway equipement| INRnews

New Delhi, India, February 02, 2008 - GMR Infrastructure Ltd has announced that Delhi International Airport Pvt Ltd (DIAL), a subsidiary of the Company, has acquired state of the art runway de-rubberizing equipment, called the TrackJet. This ultra modern equipment utilises a revolutionary hi-pressure water jet technology to clean up rubber deposits on the runway's surface.

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January 25, 2008

Parsvnath awarded occupancy nod for Phase I of Greenville project in Gurgaon | INRnews

Gurgaon, India, January 25,, 2008 - Parsvnath Developers Ltd has announced that in a commendable development, the Company has obtained the completion and occupancy certificate from Director, Town and Country Planning, Haryana for 228 units of Parsvnath Greenville, the residential project located on Main Gurgaon Sohna Road. The units for which the completion certificate has been received are categorized as 2BR and 3BR apartments in low-rise building.

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January 22, 2008

Vishal Retail opens new showrooms in New Delhi and Gurdaspur, Punjab | INRnews

New Delhi, Indian, January 22, 2008 - Vishal Retail Ltd has announced that the Company has opened two new Showrooms in New Delhi and in Gurdaspur, Punjab.

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January 21, 2008

SVP Builders to invest Rs 500 crore in NCR | INRnews

New Delhi, India, January 21, 2008 - SVP Builders India Ltd., a 2000-crore real-estate development company based out of Ghaziabad, National Capital Region, has announced that they are planning to invest Rs. 500 crores within the next 2 years to provide over 3100 flats across commercial and residential and also foray into healthcare industry by means of a multi-specialty 300-bed hospital in Faridabad.

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Westin opens the Westin Sohna Resort near Delhi | INRnews

New Delhi, India, January 21, 2008 - Starwood Hotels & Resorts Worldwide, Inc. (NYSE:HOT) has announced the opening of its first Westin property in India, The Westin Sohna Resort. Close to both Delhi and Gurgaon, the new resort offers a restful, rejuvenating guest experience enhanced by superior recreational facilities, naturally-lit meeting space, an array of world-class cuisine and the full range of Westin's renowned signature amenities.

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Trikona Trinity Capital gets SEZ status for Delhi IT Park | INRnews

New Delhi, India, January 21, 2008 - Trikona Trinity Capital PLC (AIM: TRC), a fund created for investing in real estate and real estate related entities across India, has announced that the Board of Approval in India conferred IT Special Economic Zone ("SEZ") status upon the Company's Uppal IT Park "Tech Oasis" (Development Project 1) on 16th January 2008.

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January 12, 2008

Reliance Retail launches footwear store - Reliance Footprint | INRnews

New Delhi, India, January 12, 2008 - Reliance Retail Ltd. launched the 3rd outlet of its speciality store “Reliance Footprint” at Star City Mall, Mayur Vihar, New Delhi after the successful launch of 9 formats, supermarket format “Relaince Fresh”, hypermarket format “Relaince Mart”, Minimart format “Reliance Super” and 5 speciality stores Reliance Digital, Reliance Trendz, Reliance Wellness, Reliance Footprint, Reliance Jewels and Reliance Time-Out.

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January 01, 2008

Unmoved by high Iinterest rates, realty sector remained bullish on the primary market | INRnews

New Delhi, India, January 01, 2008 - The real estate companies remained robust in 2007, despite worries of high interest rates, as is evident by an overwhelming 42.7 per cent of the total primary market funds going to the sector in the year, an ASSOCHAM Eco Pulse Study (AEP) has said.

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Indian Real Estate Roundup - 2007 | INRnews

Mumbai, India, January 01, 2008 - Anuj Puri, Chairman & Country Head, Jones Lang Lasalle Meghraj, looks back on the year 2007 in Indian real estate.

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December 31, 2007

In 2008, Retail, Real Estate Poised for 35% & 45% Growth | INRnews

New Delhi, India, December 31, 2007 - Retail and real estate boom will further roll down in 2008 as these two key sectors are well poised to notch a year-on-year growth of 30-35% and between 40-45% respectively over the calendar year 2007, according to projections made by The Associated Chambers of Commerce and Industry of India (ASSOCHAM).

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December 28, 2007

Megamart spreads wings, opens three stores in Delhi | INRnews

New Delhi, India, December 28, 2007 - Megamart, pioneer in value retailing and branded apparel segment opened three stores in Delhi at prime locations such as New Rajdhani enclave, Kohat enclave and Shivaji enclave in less than a span of month’s time.

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December 21, 2007

Eredene Capital PLC invests in logistics centres in NCR, Uttaranchal and Punjab | INRnews

London, UK, December 21, 2007 - Eredene Capital PLC (AIM: ERE), the AIM quoted Indian property developer, today announces that its wholly owned subsidiary Bandra Mauritius Limited (together “the Eredene Group”) has agreed to invest up to INR 854 million (£11 million) in a £26 million project to build and operate three multi-user logistics centres in a ‘hub and spoke’ model on 28 acres of land in Northern India.

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December 20, 2007

Unitech Corporate Parks Plc announces strong interim results | INRnews

London, UK, December 20, 2007 - Unitech Corporate Parks Plc (AIM: UCP), one of the leading investment companies focusing on commercial real estate in India, announces interim results for the six months ended 30 September 2007.

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December 19, 2007

Delhi Airport Development moves into a new phase | INRnews

New Delhi, India, December 19, 2007 - The ongoing modernization of Indira Gandhi International Airport moved into a new phase when the Honorable Minister for Civil Aviation, Mr. Praful Patel inaugurated the ‘Concrete Pouring’ process for the first slab of the Integrated Passenger Terminal Building (PTB). The Honorable Minister was also apprised on the status modernization and development works being carried out by Delhi International Airport (P) Limited to transform IGIA into a world class facility.

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December 17, 2007

Omaxe bids for projects in Delhi and Noida | INRnews

New Delhi, India, December 17, 2007 - Omaxe Ltd has announced that the Company has, on December 15, 2007, through a consortium comprising of its wholly owned subsidiary M/s. Omaxe Infrastructure & Construction Pvt Ltd and M/s. GVK Power & Infrastructure Ltd, submitted a Bid / RFQ with The National Highway Authority of India (NHAI) to undertake development of Badarpur Highway Elevated Project (consisting of construction of elevated Road of 4.4 kms in the Delhi Agra Section) through Private Participation on 'Build, Operate and Transfer' (BOT) basis.

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December 13, 2007

DIAL launches Delhi airport website | INRnews

New Delhi, India, December 13, 2007 -  GMR Infrastructure Ltd has announced that Delhi International Airport Pvt Ltd (DIAL), a subsidiary of the Company, launches Phase II of Delhi Airport's Website with added new features to provide additional information to passengers.

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50 years of the Delhi Development Authority | INRnews

New Delhi, India, December 13, 2007 - Following is the text of the President, Smt. Pratibha Devisingh Patil's address at the Release of the Commemorative First Day Cover with Cancellation on the occasion of the completion of 50 years of the Delhi Development Authority, at Rashtrapati Bhavan on December 13, 2007:

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December 07, 2007

DIAL to raise loans aggregating Rs 4940 crore | INRnews

New Delhi, India, December 07, 2007 -  Delhi International Airport (P) Ltd (DIAL) a Public Private Partnership Initiative mandated to modernize and restructure Indira Gandhi International Airport, New Delhi has signed key financing documents with its project lenders for Rs. 3,650 Crore and foreign currency loan of USD 350 Million for modernization and expansion of Indira Gandhi International Airport, New Delhi.

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Shortage of land in Delhi for residential development | INRnews

New Delhi, India, December 07, 2007 - The Delhi Development Authority (DDA) has reported that in Master Plan of Delhi-2021 (MPD 2021), it has been estimated to accommodate 230 lakhs of projected population by 2021 for which the additional requirement of urban extension would be 20,000 to 22,000 ha. of urbanisable land within development time-frame of 15-16 years.

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December 03, 2007

Infrastructure not the only impediment to Building Centres of Excellence | INRnews

New Delhi, India, December 03, 2007 - Though infrastructure of the bricks and mortar kind is a key issue it is not the only impediment to building Centres of Excellence in India. This was the central theme of the panel discussion on Building Centres of Excellence: A Global Approach at the India Economic Summit, 2007 organized jointly by Confederation of Indian Industry and World Economic Forum in New Delhi. Outlining the impediments to building Centres of Excellence, which serve as visible signs of progress, Mr. Nandan M.Nilekani, Executive Co Chairman, Infosys Technologies, India and Member of the Foundation Board of the World Economic Forum said, I would characterize the impediments as three separate problems – lack of infrastructure, neglect of urbanization and a fragmented market within the country. He said that while India had succeeded in building a functional democracy, it has so far failed at the seemingly easier task of building roads and other infrastructure.

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November 29, 2007

Regularisation of unauthorised colonies in Delhi | INRnews

New Delhi, India, November 29, 2007 - The revised guidelines for regularization of unauthorized colonies in Delhi have been finalized by the Government. A copy of the revised guidelines has been sent to Government of NCT of Delhi (GNCTD) and Delhi Development Authority (DDA) for taking necessary preparatory steps. GNCTD has informed that it has issued public notice in leading newspapers inviting lay-out plan and other information from resident associations/resident societies. However, guidelines and modalities have to be brought before the Hon'ble Supreme Court & High Court.

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Housing facilities for commonwealth games | INRnews

New Delhi, India, November 29, 2007 - The Minister of Tourism and Culture Smt. Ambika Soni has said that construction of hotels is primarily a private sector activity and the Ministry of Tourism extends facilitation. However, Ministry of Tourism has been in regular touch with the various land owning agencies like Ministry of Civil Aviation, DDA, Ministry of Urban De