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March 24, 2008

Omaxe starts construction of Omaxe Royal Residency in Ludhiana | INRnews

Ludhiana, India, March 24, 2008 - Omaxe, India’s leading real estate developers, today announced the start of construction of recently launched and immensely successful ‘Royal Residency with Spa Village’ in Ludhiana. Spread over meticulously landscaped area of 36 acres, Omaxe Royal Residency is first of its kind luxury apartments and penthouses with Spa Village on the most preferred & up-market destination of Pakhowal Road in Ludhiana. It is a luxurious self contained complex which provides an ideal environment to live, work, play. Set apart for the elite, Royal Residency has everything that spells class, comfort and convenience.

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March 10, 2008

Omaxe gets NOC from Punjab Pollution Control Board | INRnews

New Delhi, India, March 10, 2008 - Omaxe, one of the India’s leading real estate companies has been granted NOC from Punjab Pollution Control Board for ‘Omaxe Greens’, - an island of serenity & peace offering low rise group housing towers over an area of  16.5 acres in Derabassi, Punjab.

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Omaxe gets NOC from Punjab Pollution Control Board | INRnews

New Delhi, India, March 10, 2008 - Omaxe, one of the India’s leading real estate companies has been granted NOC from Punjab Pollution Control Board for ‘Omaxe Greens’, - an island of serenity & peace offering low rise group housing towers over an area of  16.5 acres in Derabassi, Punjab.

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February 15, 2008

Vipul Ltd announces Rs 600cr investment in Punjab | INRnews

Ludhiana, India, February 15, 2008 - Vipul Limited, the flagship company of Vipul Group today announced 3 mega launches for Punjab. Vipul World, the 109 acres mega housing project on Ferozepur Road, Ludhiana will be launched in April followed by construction of three hotels at Mohali, Ludhiana and Amritsar. The projects will be developed at an approximate investment of Rs600 crores.

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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 13, 2008

Two new SEZs proposed in Punjab | INRnews

Chandigarh, January 13, 2008 - Real Estate Developers Ansal Properties & Infrastructure (API) and Ishan Developers & Infrastructure (IDI) have proposed two new SEZs in Punjab with an investment of Rs 2,367 crore.

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December 27, 2007

Parsvnath Developers to build Highway Mall at Rajpura, Punjab | INRnews

New Delhi, India, December 27, 2007 - Parsvnath Developers Ltd has announced the launch of its premium commercial project, Parsvnath Highway Mall, in the city of Rajpura, Punjab. The project will enhance the travelers' joy by combining comfort and leisure.

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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

Reliance Retail Launches Reliance Super in Amritsar | INRnews

New Delhi, India, December 20, 2007 - Reliance Retail Ltd. announced the launch of a new format “Reliance Super” at Suraj chand tara cinema , Ground floor , Plot number 2 , City Centre , Amritsar. After the successful launch of the various formats - Reliance Fresh, Reliance Mart, Reliance Digital, Reliance Trendz, Reliance Footprint, Reliance Wellness, Reliance Jewels and Reliance Timeout, this is the Ninth format of stores from Reliance Retail to be launched in India.

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December 10, 2007

Best Group acquire land for Rs 184 crore in Bathinda | INRnews

Bathinda, India, December 10, 2007 - Delhi-based real estate developer Best City Infrastructure India Private Limited (BCIIPL), a Best Group company, has purchased a 4.5 acre parcel of land in Bathinda for Rs 184 crore.

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November 15, 2007

Pearls Infrastructure high-end housing in Zirakpur, Punjab | INRnews

New Delhi, India, November 15, 2007 - Pearls Infrastructure Projects Ltd is offering a high-end housing project Nirmal Chhaya Towers, in VIP Road, Zirakpur, Punjab. Situated over 17.5 acres of lush green area, this residential complex is located strategically in terms of the convenience. The total value of this project is approximately Rs.300 crores.

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November 13, 2007

Omaxe announces allotment of plots at PDA - Omaxe City, Patiala | INRnews

Patiala, India, November 13, 2007 - Omaxe, one of India’s leading real estate companies with footprints in 30 towns and 9 states, today initiated draw of lots for the plots at PDA - Omaxe City at Patiala. Strategically located at Sirhind Road, Baran, connecting G.T Road with Ludhiana and Amritsar, PDA Omaxe City presents an incomparable township advantage in tandem with the ongoing multifarious infrastructure developments around the city.

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October 08, 2007

Development of non-metro airports in India | INRnews

New Delhi, India, October 08, 2007 - The Government of India had approved a plan for modernization of 35 non-metro airports. Airports Authority of India (AAI) was mandated to undertake development of these airports to world-class standards. The work on construction of new terminals and expansion/upgradation of runways, apron etc. is in full swing and several new terminals are likely to be completed during the current financial year.

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October 01, 2007

CCEA approves infrastructure development of Panchkula, Mohali and Naya Raipur | INRnews

New Delhi, India, October 01, 2007 - The Cabinet Committee on Economic Affairs today gave its approval for the infrastructure development of Panchkula and Mohali near Chandigarh, and Naya Raipur in Chhatisgarh under the Jawaharlal Nehru National Urban Renewal Mission (JNNURM).

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September 27, 2007

Parsvnath Developers gets good response to Chandigarh township | INRnews

Chandigarh, India, September 27, 2007 - Parsvnath Developers Ltd has announced that in an overwhelming response to the first phase of the launch of Parsvnath Prideasia, the Premium Township of the Company, more than 65% of the units on offer have been booked. 220 units in various categories at this luxurious township situated in the heart of Chandigarh have been booked amounting to a sale of Rs 325 crores approximately.

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September 19, 2007

Chandigarh Housing Board to construct 10,000 houses | INRnews

Chandigarh, India, September 19, 2007 - The Chandigarh Housing Boad (CHB) is to construct about 10,000 houses for low and middle income groups in the city over the next 2-3 years.

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September 17, 2007

Ansal Housing launches Ansals Woodbury Apartments in Zirakpur near Chandigarh | INRnews

Zirakpur, India, September 17, 2007 - Ansal Housing & Construction Ltd has announced that the Company on September 15, 2007 has launched a new Project named "Ansals Woodbury Apartments" at Zirakpur (Punjab). This is a Residential Group Housing Project located near PSEB Grid, Nabha Road, Babhat, Zirakpur (Punjab).

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September 04, 2007

Rei Agro launches its Retail Chain in Punjab | INRnews

Chandigarh, India, September 04, 2007 - Rei Agro Ltd has announced that the Company has launched its retail chain called "6Ten" here in the state of Punjab and Haryana. The Company has started its operations in the state with the simultaneous opening of five stores in Chandigarh, Mohali & Punchkula on September 04, 2007.

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August 07, 2007

CII Session Highlights Power Reforms in Punjab as Pre-Requisite for Industrial Growth | INRnews

Chandigarh, India, August 07, 2007 - Power being a vital economic driver and critical enabler for industrial growth, the State Government's endeavor is to make the optimum utilization of power resources at its disposal with major emphasis on generation of the additional power coupled with implementation of long term solutions, stated Mr Suresh Kumar, Secretary Power, Government Punjab, while addressing the select industry members at the Interactive Session organized by CII Punjab State Council at the CII Northern Region Headquarters here in Chandigarh today

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June 01, 2007

Emaar MGF kicks-off India's first integrated township – Mohali Hills | INRnews

Chandigarh, India, June 1, 2007 - Emaar MGF, India’s leading real estate developer today announced the commencement of its signature project Mohali Hills. The foundation Stone laying ceremony in the august presence of Honorable Chief Minister of Punjab, marks the auspicious beginning of the company’s pan India project plans. Mohali Hills is the maiden mega project of the joint venture in Punjab with a capital outlay of Rs. 16,000 crores.

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May 04, 2007

Adlabs Acquires 23 Screens In Delhi NCR, UP, Punjab & Haryana | INRnews

New Delhi, India, May 04, 2007 - Adlabs Films Limited, a member of the Reliance Anil Dhirubhai Ambani Group and the leading entertainment conglomerate in the country, today entered into an agreement with Rave Entertainment to acquire the right to conduct cinema exhibition business at one operational multiplex in Kanpur and six more projects under implementation in NCR, Uttar Pradesh, Punjab and Haryana totaling 23 screens. This acquisition by itself would contribute to an increase in Adlabs' multiplex presence by five properties (17 screens) within the next four months.

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March 18, 2007

Ludhiana real estate and property market review | INRnews

Ludhiana, India, March 18, 2007 - Ludhiana, known for its hosiery and sports goods industries, is the most populated city of Punjab. Excellent connectivity with major cities and a favourable business environment has made the city a preferred investment destination of the state. Though Ludhiana has witnessed considerable real estate growth in the past few years, most of the developments have been unplanned and have resulted in extending the city boundaries according to leading global property consultancy firm Knight Frank.

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Chandigarh real estate and property market review | INRnews

Chandigarh, India, March 18, 2007 - Chandigarh is the first planned city of India and is the capital of the two states of Punjab and Haryana. According to leading global property consultancy firm Knight Frank, the Chandigarh real estate market has witnessed unprecedented growth over the last few quarters.

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March 07, 2007

Parsvnath to develop modern Multimedia-cum-Film City centre at Chandigarh | INRnews

New Delhi, India, March 07, 2007 - Parsvnath Developers Ltd on March 02, 2007 has announced that the Company would develop a state-of-the-art Multimedia-cum film city centre at Sarangpur, Chandigarh. The project valued at approximately Rs 800 crore, has been awarded to the company after a highly competitive bidding by some of the prominent developers of the Country.

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February 23, 2007

New housing scheme for middle class in Chandigarh | INRnews

Chandigarh, India, February 23, 2007: The Chandigarh Housing Board (CHB) is to launch a new housing scheme with 1,800 houses on offer on 42 acres of land in Sector 63. The project would target middle class buyers and is to be launched within the next six months.

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January 16, 2007

Parsvnath wins Chandigarh film city project with Rs 191 crore bid | INRnews

Chandigarh, January 16, 2006 - Leading real estate developer Parsvnath Developers Ltd, have been awarded the Chandigarh film city project after bidding the highest amount of Rs. 191 crore.

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January 11, 2007

New luxury apartments project in Ludhiana | INRnews

Ludhiana, January 11, 2007 - Ludhiana based Deepak Buildcon Infrastructure has launched a luxury apartments project "Crosswinds Luxury Homes" on 1.5 acres of land near Lodhi Club in Ludhiana. 93 two to four bedroom apartments and four penthouses are to be delivered within two years.

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December 24, 2006

PHDCCI to organise summit on investment opportunities in real estate | INRnews

Chandigarh, December 24, 2006 - The Chamber of Commerce and Industry is to organise a summit on investments opportunities in real estate and infrastructure in Chandigarh on January 12, 2007. This would also provide a venue for developers to showcase their projects to investors.

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December 23, 2006

Indian real estate news snippets

Chennai, December 23, 2006 - INRnews features real estate and property news snippets from around the country. Read further for news snippets from Chennai, Hyderabad, Kochi, Mohali, Patiala and Pune.

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December 18, 2006

Construction costs escalate in Punjab and Haryana | INRnews

Chandigarh, December 18, 2006 - Constructions costs have escalated significantly in Punjab over the last year, in step with booming real estate prices. According to some estimates, construction costs have risen by 30% to 40% within just 12 months.

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December 14, 2006

PDA Omaxe City township launched in Patiala | INRnews

Patiala, December 14, 2006 - Omaxe, one of the India’s leading real estate companies with a footprint in Townships, Group Housing, Commercial-Shopping malls, Office spaces, Hotels, Bio-Tech Parks, IT Parks, and a presence of 9 states is now set to develop a world class integrated City at Patiala in a Joint Venture with Patiala Development Authority (PDA).

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