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December 16, 2007

Fishman to invest $2B in a 4 million square meter township project in Jaipur, India | INRnews

Jerusalem, Israel, December 16, 2007 - Mondon Investments, the Indian real estate development subsidiary of Israeli firm Fishman Holdings recently purchased a 600-acre lot in Jaipur, India for $108 million.

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December 14, 2007

SEZ policy plays a very crucial role in the inclusive growth of nation’s Economy | INRnews

Jaipur, India, December 14, 2007 - Describing the success of the SEZs in India, Mr Anil Mukim, Joint Secretary, Ministry of Commerce and Industry, Govt of India said that the response from Indian SEZs has been tremendous. The Government has already formally approved 404 SEZs, of which 172 have been notified. About 60 of these have already generated direct employment of about 52,000 and indirect employment of 1,00,000. With growth likely to be exponential, these numbers could shoot up to 150,000 by March 2008 and to 600,000 by the end of 2009. He also expected the foreign direct investment in SEZs to increase 3-4 fold within the next year. He added that from the government’s perspective, SEZs have been a success. He was speaking at the inaugural session of Conference on SEZ organised by CII.

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December 12, 2007

Ashiana to build Rs 1 billion retirement resort in Jaipur | INRnews

Jaipur, India, December 12, 2007 - Real estate company Ashiana Group is building a retirement resort called 'Ashiana Utsav' here, expected to cost Rs.1 billion, said a company official.

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October 12, 2007

INOX third multiplex in Jaipur, Rajasthan | INRnews

Jaipur, India, October 12, 2007 - After revolutionizing the way Jaipur watches movies with its multiplexes in Vaishali Nagar and City Plaza, INOX fans in the city are set for a treat as INOX launches its third and most premium multiplex at the Crystal Palms mall in C Scheme on Friday, 12th October 2007. INOX at C Scheme is a 3 screen multiplex with 849 seats and is the 19th multiplex in the INOX chain.

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September 20, 2007

Smaller cities to fuel real estate growth says new report | INRnews

New Delhi, India, September 20, 2007 - As many as 11 tier II cities in the country are all set to transform the realty landscape of India, says a FICCI-Ernst & Young report on the Indian real estate sector. The FICCI-Ernst and Young Indian Real Estate Report, 2007: Growth and New Destinations, the highlights of which were released, reveals that besides eight metros, cities such as Surat, Chandigarh, Nagpur, Vadodara, Visakhapatnam and Jaipur are experiencing initial phase of rapid economic growth.

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August 07, 2007

GTM Group plans Jaipur real estate foray | INRnews

Jaipur, India, August 07, 2007  - India's builders continue to plan and construct large and grandiose projects. Delhi-based GTM Group is planning to erect a corporate and institutional hub in Jaipur. The Group claims it is a unique concept and a first in the country. The Rs.60-crore project plans to marry work with leisure. The 11,965 sq.mtrs corporate centre will have a club house with an indoor swimming pool and a centrally air-conditioned mini-mall.

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February 17, 2007

INOX Leisure opens new multiplex in Jaipur | INRnews

Jaipur, India, February 17, 2007 - INOX Leisure Ltd has announced that the commercial operation of the Company's new Multiplex Theatre situated at Space Cinema Bani Park, Jaipur, has commenced from February 16, 2007.

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November 30, 2006

Accor to develop hotels in India | INRnews

New Delhi, November 30, 2006 : As part of its global development strategy aiming at opening 200,000 new hotel rooms by 2010, of which 60% in emerging markets, Accor has signed today significant partnerships that trigger a major expansion in India. This expansion plan covers the full spectrum of the hotel market in India, including budget Formule 1 hotels, economy Ibis hotels, mid-market Novotel hotels and upper-upscale Sofitel properties.

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