Real Estate

The Chadha Group, the Chandigarh-based real estate developer, has planned to invest around Rs 3, 000 crore to develop malls and shopping centres in the tier II cities. Manpreet Singh Chadha, vice president, sales and marketing, The Chadha Group, told...

Real estate major DLF will significantly extend premium retail space in the capital, having acquired land to develop two premium malls. “After completion of Emporio mall, which will only house luxury brands, the development of premium malls will begin. Both...

Dutch retailer Spar International is looking to tie up with retailers having individual store that can run under the Spar brand name. Gordon R Campbell, managing director, Spar International, in a statement said, “Finding right partner and sight is a...

German carmaker Daimler is starting to cash in on its real estate holdings. As part of this exercise, it just sold a large swathe of property in Frankfurt, including office space and retail outlets, to the asset management division...

In an effort to accelerate growth and put together the desired capital, retail major Piramyd Retail has divested its 63.9 per cent stake to Indiabulls Real Estate (IBREL). Confirming the news, Nandan Piramal, vice chairman and managing director, Piramyd, told...

Real estate company DLF Limited is not interested in overseas acquisitions. Rather, the company is planning to expand in the domestic hospitality segment. “There is nothing to comment on… we don’t know from where these reports have emanated, nor the...

India’s largest real estate company, DLF Limited, recorded consolidated revenues of Rs 3,349 crore for the quarter ended September 30, 2007, an increase of 7.3% from Rs 3,121 crore in the first quarter of the current fiscal. The Board of...

Paras Downtown Square coming up at Zirakpur on Delhi-Chandigarh-Shimla highway has bagged the Indian Property Awards 2007. One of the largest malls with four multiplexes coming up on 3,50,000 square feet area at Zirakpur in Punjab gets the award as...

Middle Eastern developers looking to expand and diversify their interests outside the region have been given a boost by a new report commissioned by Cityscape Market Intelligence Service (CMIS) and launched at Cityscape Dubai 2007, a global B2B real...

Real estate developer Forum Projects plans to set up 10 malls in east India. Investments of over Rs 2,700 crore are lined up for the projects, which are likely to start this fiscal, and the company hopes to complete...