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November 26, 2007

SVP Builders launches Gulmohur Gardens in Ghaziabad | INRnews

Ghaziabad, India, November 26, 2007 - SVP Builders India Ltd., a 2000-crore real-estate development company based out of national Capital Region, today announced the launch of 'Gulmohur Gardens', a sprawling residential complex, with a targeted revenue of INR  200Crores (US$ 50 million), from 700 dwellings. Gulmohur Gardens is located on NH- 58 next to Raj Nagar, with close proximity to prominent colleges and schools like DPS, INGRAHAM MICRO, R K Engineering College, IMT Ghaziabad.

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September 18, 2007

SVP Builders announce the launch of "Gulmohur Greens Phase-II" in NCR | INRnews

Ghaziabad, India, September 18, 2007 - SVP Builders India Ltd., a 2000-crore real-estate development company based out of National Capital Region, today announced the launch of the Phase-II of their flagship project, ‘Gulmohur Greens’, which has a targeted revenue of INR 150-Crores (US$37.5 million), from 300-dwellings. Gulmohur Greens is just 8km from Delhi, right next to the Hindon Air Base with close proximity to 6 Malls, Mohan Nagar Hospital, Delhi Public School and Krishna Dental College.

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August 21, 2007

Ansal API performs bhoomipujan for Doondahera, Ghaziabad real estate project | INRnews

Ghaziabad, India, August 21, 2007 - Ansal API the leading real estate developers of the country, today performed the earth breaking ceremony for Aquapolis, a high-end residential township in Doondahera, Uttar Pradesh. Bookings for residential plots in this township are now open.

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August 03, 2007

Punj Lloyd forays into Real Estate Development; Enters into MOU for JV with Ramprastha Group | INRnews

New Delhi, India, August 03, 2007 - Punj Lloyd, a global EPC player in the energy and infrastructure sector, has signed a Memorandum of Understanding with the Ramprastha Group for the development of multi-storied residential housing through a 50:50 joint venture (JV) of Punj Lloyd (or its affiliates) and the Ramprastha Group.

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July 19, 2007

Delhi residential property prices headed south in suburban locations | INRnews

New Delhi, India, July 19, 2007 - Leading real estate services firm Cushman & Wakefield feels that there is likely to be downward pressure on real estate prices in certain suburban locations of Delhi caused by fresh supply of housing units in the mid-range segment. This excess supply could lead to a correction of 15%-20% in certain markets.

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July 05, 2007

Ansal API launches Aquapolis in Ghaziabad | INRnews

Ghaziabad, India, July 05, 2007 - Ansal Properties and Infrastructure Ltd. today unveiled its one –of-its kind project in Ghaziabad called the Aquapolis. Spread over 175 acres of land, the project is expected to be completed in the next 2-3 yrs. Aqua connote water and polis means an ancient Greek city-state.  Aquapolis is a new millennium township, designed by Chelsea West, New York and inspired by the best of International architectural tradition of reflecting pools, gardens, lots of greenery and soaring towers.

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June 03, 2007

Parsvnath launches luxury condominium in Ghaziabad | INRnews

New Delhi, India, June 3, 2007 - Parsvnath Developers Ltd., a leading real estate developer in India, has launched a high-rise exclusive air-conditioned luxury condominium in Ghaziabad. Parsvnath Developers Ltd. performed the Bhoomipujan and launched the project this morning. The revenue from the project is approximately Rs. 600 crores over the next three years including this financial year.

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June 01, 2007

Ansal Properties signs MoU with Noor Capital of Abu Dhabi for FDI in real estate | INRnews

Mumbai, India, June 01, 2007 - Ansal Properties & Infrastructure Ltd has announced that a Memorandum of Understanding (MOU) has been entered between the Company, India Realty Ltd (IRL) having experience of real estate developments in India, and Noor Capital, PSC, UAE, with head quarters in Abu Dhabi, (NOOR), for bringing in foreign direct investments (FDI) from Gulf Cooperation Council Countries. The FDI is initially proposed into the approx 500 acres of township in Agra Project of the Company, and a Group Housing Project in Ghaziabad, one of the joint ventures of the Company, both in U.P. The projected turnover for both these Projects is around Rs 3000 crores over the next 7 to 8 years.

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April 02, 2007

Parsvnath Sterling launched in Ghaziabad | INRnews

Ghaziabad, India, April 02, 2007 - Parsvnath Developers conducted the earth breaking ceremony and announced the launch of Parsvnath Sterling, a residential group housing project on main GT Road, Ghaziabad, Uttar Pradesh.

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February 28, 2007

5 year tax holiday in Delhi to encourage hotel infratructure development | INRnews

New Delhi, India, February 28, 2007 - Fresh tax concessions have been allowed in the Budget 2007-08 to promote infrastructure facilities. A five-year holiday from income tax has been allowed for two, three or four star hotels.

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February 03, 2007

SVP Group to develop Rs 160 crore Ghaziabad mall | INRnews

New Delhi, India, February 3, 2007 - Real estate developer the SVP Group is to develop a 200,000 sq.ft mall in Ghaziabad in the National Capital Region at an investment of Rs.160 crore.

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