New Delhi, India, November 17, 2007 - Premium French Lifestyle brand, Lacoste, announced the launch of its latest Flagship Boutique at South Extension Part II, Delhi. With the launch of its flagship boutique the French Lifestyle brand aims to redefine the retail landscape in India. The store has been designed by Christophe Pillet and is spread over 7000 sq ft. The company has invested $1 million in this boutique.
Pune, India, October 25, 2007 - Pune Central, the seamless mall, opens its second Central mall in Pune at University Road. This is the first time that Central has launched two malls in a city and is indicative of the resounding success that it has been, in the city of Pune. Pune Central’s second mall in the city is also in response to the tremendous demand from Puneites from north-western part of Pune, which has emerged as an IT Hub.
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.
Mumbai, India, July 20, 2007 - Future Group today announced that it’s flagship company Pantaloon Retail (I) Ltd. has signed a 50:50 joint venture agreement with the UAE based, Axiom Telecom LLC, the largest authorized distributor, retailer and after sales support provider of mobile phones, phone accessories, wireless gadgets, memory & storage devices in the Middle East. The new company will focus on developing backend sourcing infrastructure for the Pantaloon Retail’s existing telecom retailing business, to enable it to expand and scale up, exponentially. Additionally, it will also create a nationwide network of state-of-the-art after sales service centers for mobile handsets in the country.
Mumbai, India, June 13, 2007 - Ansal Housing & Construction Ltd has announced that the Director, Town & Country Planning, Haryana, Chandigarh has issued licence for development of 98 acre of Residential Project of the Company at Sector - 36, Karnal (Haryana).
Mumbai, India, June 11, 2007 - Ansal Housing & Construction Ltd has announced that the Director, Town & Country Planning, Chandigarh, Haryana has issued licence for development of approx. 100 acre of Residential Project of the Company at Sector - 19, Rewari (Haryana).
Mumbai, India, June 07, 2007 - Ansal Properties & Infrastructure Ltd has announced that the Company has launched an Integrated Township at Agra, (U.P.), strategically located near the Delhi - Agra Highway, on the Ring Road, Agra. The Township will be spread in excess of 460 acres of land and is named as "Sushant Taj City".
Bangalore, India, May 30, 2007 - Sobha Developers Ltd has announced that the Company has commissioned a state-of-the-art Spring Mattresses factory at Bommasandra, Bangalore. It plans to sell the mattresses in the retail market under the brand name, "SOBHA RESTOPLUS". The production facility on a 2 shift basis would be 200 mattresses a day.
Mumbai, India, March 28, 2007 - The Haryana Urban Development Authority (HUDA) has earned an amount of Rs. 71.20 crore through the auction of its ten sites on 27th march 2007.
New Delhi, India, March 18, 2007 - The Delhi Development Authority (DDA) is inviting tenders for purchase of 500 shops and offices in different areas of the capital. The closing date for receiving offers is March 30, 2007.
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.
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.
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.
New Delhi, India, March 07, 2007 - Parsvnath Developers Ltd has announced that the Company has won the mandate to build a world-class mall at Rohini in North West Delhi.
New Delhi, India, March 07, 2007 - Parsvnath Developers Ltd on March 07, 2007 has announced the acquisition of the stake of its joint venture partner in Parsvnath Landmark Developers Pvt. Ltd (PLDPL).
New Delhi, India, February 23, 2007 - Parsvnath Developers Ltd has announced that on February 23, 2007 has conducted the earth breaking ceremony (bhoomi poojan) of its five star hotel and commercial mall project in Vejalpur in Ahmedabad. The Rs 250 crore project will be a land mark complex in the city. The complex is expected to be completed and operational in two and half years.
New Delhi, January 17, 2007 - The Delhi Development Authority has auctioned eight commercial plots in Vikaspuri, Dwarka and Rohini for Rs.986 crore. At a price of around Rs.20,000 per sq.ft, this would rank amongst the most expensive commercial land deals in the country. The buyer - Reliance Industries and subsidiary companies - is likely to use this for its Reliance Retail venture.
Hyderabad , January 11, 2007 - Fun Multiplex, a division of the Essel Group plans to invest over Rs.250 crore to set up 50 multiplexes across Andhra Pradesh with more than 200 cinema screens. The company has started the process for buying or leasing land as well as identifiying builders for the project and retailers who would like to lease mall space.
The company is also working on similar projects in Gujarat and Rajasthan.
Bangalore, November 21, 2006 : New research issued by global real estate adviser DTZ has revealed that India is becoming one of the world's key emerging real estate markets.
Hyderabad, November 15, 2006 - If India's much anticipated retail revolution has a start date, it could well be the first week of November 2006. On November 3, in a classic RIL move marked by scale and ambition, Reliance Retail launched 11 Reliance Fresh retail outlets simultaneously in the southern Indian city of Hyderabad, firing the first salvo in what will be a keenly contested battle to win a huge prize - nothing less than the wallets of Indian consumers!
Mumbai, September 30, 2006: The Wadias of Bombay Dyeing are to develop the 35-acre Spring Mills site in Dadar Naigaum into a residential and retail complex. The site is amongst the largest mill sites available in Mumbai city that is available for redevelopment after a supreme court ruling to this effect earlier in the year.
Chennai, September 28, 2006: Spencer's is fast emerging as a key retail brand in the country. The 80-store supermarket chain, part of the RPG group, is comprised of 7 hypermarkets each occupying more than 35,000 sq.ft, 3 supermarkets up to 15,000 sq.ft, and 70 Daily stores between 4,000 to 7,000 sq.ft where consumers can purchase fresh produce, frozen products, bakery products, groceries and other daily requirements.
Spencer's Retail plans to open Spencer's Dailies in Pune, Hyderabad, Trichy and Bangalore. According to the company, in October it will open one new store every two days.
Mumbai, September 23, 2006: Real estate developer Niranjan Hiranandani is to develop the space below the 1.5-km Andheri flyover in Mumbai. On the cards is a 90,000 sq.ft. commercial development comprising retail showrooms and office spaces. The ground plus one structure beneath the flyover can accommodate a 500 unit car-park.
The commercial space is to be designed by renowned architect Hafeez Contractor.
Ahmedabad, September 22, 2006 : India’s largest discount major has formally entered the Gujarat retail market with its plans to set up 80 stores in the state. Under the expansion plan the Chennai based company will open 80 stores in Gujarat in six months at a cost of Rs. 40 crore.