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March 25, 2008

Satra Properties acquires retail property in Jodhpur | INRnews

Jodhpur, India, March 25, 2008 - Satra Properties India Ltd has announced that the Company has signed DEED OF ASSIGNMENT for prime Retail property in Jodhpur Rajasthan.

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February 22, 2008

Bhiwadi industrial cluster attracts 3 brand new project | INRnews

Bhiwadi, India, February 22, 2008 - Smt. Vasundhara Raje, Hon’ble Chief Minister, Government of Rajasthan, today laid the foundation stone for setting up an IT / ITES SEZ by Somani Worsted Limited and manufacturing facilities of Jaquar Limited and Orient Craft Limited in Bhiwadi, Rajasthan. Dr. Digamber Singh, Hon’ble Minister of Industries, Rajasthan, also graced the occasion. The establishment of these projects is in sync with the vision of the recent Resurgent Rajasthan Partnership Summit and will give a boost to the rapid industrialization in the state.

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January 21, 2008

BOA of SEZs grants 11 formal and 1 in-principle approvals | INRnews

New Delhi, India, January 21, 2008 - The Board of Approval of the Special Economic Zones (SEZs) met here today to consider proposals for setting up of Special Economic Zones and also approve other miscellaneous requests pertaining to SEZs.  In this meeting, 19 proposals for setting up SEZs, including 2 proposals for conversion of in-principle approvals to formal approvals were considered.  The Board recommended grant of 11 Formal approvals (including 2 requests for conversion of In-Principle Approvals to Formal Approvals) and 1 In-principle approval of a Multiproduct SEZ by Reliance Haryana SEZ Limited in Jhajjar District, Haryana.

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December 14, 2007

Atlanta Ltd buys property in Jodhpur; to develop mall | INRnews

Atlanta Ltd has announced that the Shreenath Builders, Partnership Firm in which the Company is a partner and having a stake of 51% has purchased a property named Olympic Cinema admeasuring 6988.89 sq. yards situated at Station Road, Jalori Gate, Jodhpur, Rajasthan from Adeshwar & Company at a purchase consideration of Rs 48,60,00,000 (Rupees forty Eight crores Sixty lacs) with the object to construct a Commercial Mall at the said property in the name and style of "ATLANTA V MALL".

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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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November 30, 2007

Omaxe forays into SEZ development | INRnews

New Delhi, India, November 30, 2007 - Omaxe, one of India’s leading real estate companies with footprints in 30 towns and 9 states today announced its foray into development of Special Economic Zone (SEZ) by signing Memorandum of Understanding (MoU) with the Government of Rajasthan to develop a multi product SEZ in District Alwar of Rajasthan spread over the area of 5000 hectare.

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October 24, 2007

Piyush Group launches state of the art township in Bhiwadi | INRnews

New Delhi, India, October 24, 2007 - Real-estate developer Piyush Group has announced the launch of Piyush City, an integrated township project in Bhiwadi.

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October 22, 2007

Parsvnath launches Royale Villas at Jodhpur | INRnews

Jodhpur, India, October 22, 2007 -  Parsvnath Developers Ltd has announced that in view of the extensive economic development around Jodhpur,  the Company is building Parsvnath City, a self-contained; Mega Township spread over 110.4 Aces in Jodhpur. The Company on October 22, 2007, launched Parsvnath Royale Villas, limited edition, exclusively designed, independent villas which are an integral part of Parsvnath City.

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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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October 09, 2007

CCEA approves Rs 1680 crore purchases for heavy water reactors in Gujarat and Rajasthan | INRnews

New Delhi, India, October 09, 2007 - The Cabinet Committee on Economic Affairs today gave its approval for the procurement of long delivery equipments as a pre-project activity for four 700 MWe PHWRs at an estimated expenditure of Rs.1680 crore ahead of the project financial sanction.

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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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September 20, 2007

Rajasthan road improvement works approved | INRnews

New Delhi, India, September 20, 2007 - The Union Minister of Shipping, Road Transport and Highways, Thiru T. R. Baalu has approved 21 proposals for road improvement works on various stretches of State roads and four proposals for the construction of high level bridges (HLB) in the State of Rajasthan at a total cost of Rs. 86.81 crore (Rs. 8681.14 lakh).

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September 03, 2007

MVL presents MVL Coral an residential complex at Bhiwadi | INRnews

Bhiwadi, India, September 03, 2007 - The real estate division of Media Video Ltd. has launched their pilot project MVL CORAL, an integrated residential complex at Bhiwadi. MVL forayed into the real estate industry for the first time with this project just last year. The total worth of this project is around Rs. 204.46 crores.

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August 21, 2007

NISSIN to set up manufacturing facility at Neemrana in Rajasthan | INRnews

Mumbai, India, August 21, 2007 - NISSIN Brakes India Pvt Ltd., today announced setting up a manufacturing facility for production and development of disc brakes (front and rear) for two & four wheeled vehicles with support from Rajasthan State Industrial Development & Investment Corporation (RIICO) at Neemrana – Phase III, Rajasthan. The ‘ground breaking ceremony’ (Bhoomi Poojan) of NISSIN Brakes India Pvt Ltd., was performed today.

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NISSIN to set up manufacturing facility at Neemrana in Rajasthan | INRnews

Mumbai, India, August 21, 2007 - NISSIN Brakes India Pvt Ltd., today announced setting up a manufacturing facility for production and development of disc brakes (front and rear) for two & four wheeled vehicles with support from Rajasthan State Industrial Development & Investment Corporation (RIICO) at Neemrana – Phase III, Rajasthan. The ‘ground breaking ceremony’ (Bhoomi Poojan) of NISSIN Brakes India Pvt Ltd., was performed today.

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August 14, 2007

Rajasthan to regularise residential colonies built on agricultural land | INRnews

Jaipur, India, August 14, 2007 - The Rajasthan State Government has a recent cabinet meeting decided to provide concessions in regularisation of residential colonies built on land meant for agricultural use.

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August 10, 2007

Infosys IT SEZ amongst 6 approvals granted | INRnews

New Delhi, India, August 10, 2007 - The Board of Approval of the Special Economic Zones (SEZs) met on August 8 to consider proposals for setting up of Special Economic Zones and also approve other miscellaneous requests pertaining to SEZs.  In this meeting, 8 applications for setting up SEZs, including 3 proposals for conversion of in-principle approvals to formal approvals were considered.  The Board recommended grant of 4 Formal approvals, including two IT/ITES SEZ by Infosys, and 2 In-principle approvals.

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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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June 29, 2007

Ansal Properties to set up 30 hotels in India | INRnews

Mumbai, India, June 29, 2007 - Ansal Properties & Infrastructure Ltd has announced that the Company is in the process of forming a Special Purpose Vehicle Company (in short SPV) for foray in the hospitality sector by setting up around 30 hotels over the next 10 years.

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June 22, 2007

Formal approval granted to 36 SEZs; in principle approval to 9 | INRnews

New Delhi, India, June 22, 2007 - The Board of Approval (BOA) of the Special Economic Zones (SEZs) met here today to consider proposals for setting up of Special Economic Zones and also approve other miscellaneous requests pertaining to SEZs. In this meeting, 53 applications for setting up SEZs were considered and 36 Formal approvals and 9 In-principle approvals were granted.

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May 31, 2007

Satra Properties signs MoU for Jodhpur property | INRnews

Mumbai, India, May 31, 2007 - Satra Properties India Ltd has announced that the Company has signed an MoU for a prime retail property in Jodhpur, India which is proposed to be named as "Satra Galleria".

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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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December 30, 2006

Jaipur to get new international terminal | INRnews

Jaipur, December 29, 2006 - The Airports Authority of India (AAI) has taken up construction of a New International Terminal Building to cater to 250 arriving & 250 departing passengers at a total cost of Rs. 95 crore here. The foundation stone was laid by Shri Praful Patel, Minister of State for Civil Aviation at a well attended function at Jaipur Airport. Chief Minister of Rajasthan, Smt. Vasundhara Raje was the Chief Guest.

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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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November 02, 2006

HPCL to develop real estate projects on owned land | INRnews

New Delhi, November 02, 2006 : Indian oil major Hindustan Petroleum Corporation (HPCL) plans to unlock the value of its large land holdings by developing commercial and residential real estate projects in partnership with other developers. As a start, HPCL is to develop malls, hotels and premium residential apartments on land owned in Jaipur and Kochi.

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August 26, 2006

Four Laning of National Highways

Minister of State for Shipping, Road Transport and Highways, Shri K.H. Muniyappa has in a written reply in the Lok Sabha indicated that 4-laning has been completed on a total of 2,735 km of national highways of a total of 7,670 km planned in six states.

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August 03, 2006

Vatika's IT park SEZ for Jaipur

Six months from now, the first phase of Vatika's $860 million IT park is expected to commence along the Ajmer Road in West Jaipur. The self-contained IT park on 53 acres of land promises to provide complete infrastructure facilities from power supply, water supply and sewage treatment to service apartments and banks. The IT Park has won government approval as a SEZ with all the tax and duty exemptions that go along with it.

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