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NYCEDC inducts Pradeep Jain, Chairman, Parsvnath Developers as new member of New York City Financial Services Advisory Committee
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In yet another milestone for Indian Real Estate Industry and Indian Entrepreneurs, Mr. Pradeep Jain, Chairman, Parsvnath Developers Limited has been inducted in the New York City Financial Services Advisory Committee of NEW YORK CITY ECONOMIC DEVELOPMENT CORPORATION (NYCEDC). NYCEDC formed this Advisory Committee to foster dialogue between senior private sector leaders and the Bloomberg Administration on the critical issues affecting New York City's financial industry through roundtables and forums. This Committee consists of selected leaders from various industries including real estate, investment and financial services industries.
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Airnetz forays into premium real estate services
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Airnetz has forayed into the business of premium real estate brokerage to help it's premium real estate buyers with existing facilities to it's kitty such as Aerial Survey.
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The 3C Company cheers the Himalayan Club Commemorative Expedition 2010 to conquer MAMOSTONG KANGRI (7516m)
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The 3C Company, pioneers of Green development in Delhi NCR, will cheer a team of experts set to conquer Mamostong Kangri (35°08'27â³N 77°34'39â³E) - the highest peak in the Rimo Muztagh, popularly known as the peak of thousand demons, standing tall at a height of 7516 meters. Situated around 30 kms to the east of Siachen Glacier, the peak is adjacent to the India-China border and has witnessed only a few expeditions so far. It was only a team of Indian civilians led by the legendary Ms. Bachendri Pal which scaled it in 1992.
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MCHI to take legal recourse challenging service tax
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Maharashtra Chamber of Housing Industry is considering to file Writ petition in the court to challenge the service tax levied on buildings under construction
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DMRC awards safety certificate to Parsvnath Developers Worked for One million man hours without reportable incident
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Parsvnath Developers Limited (PDL), India's leading integrated infrastructure developer with pan India presence having a diversified portfolio has received safety certificate from DMRC (Delhi Metro Rail Corporation). The certificate was given to PDL in recognition for completing one million man hours worked without any reportable incident from July 1, 2009 to May 31, 2010.
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Realtors to professionalize and move ahead Two days National Convention being held at Chennai
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Realtors, who play a very significant role in the growth of the economy, particularly in the Real Estate sector have jointly decided to introduce best International practices and raise operational standards. To get this moving the Second Annual Convention of the National Association of Realtors - India 2010 (NAR -India 2010 ) will be held at Chennai on 16th & 17th July 2010 at The Radisson Resort Temple Bay, Mamallapuram. Chennai
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Vigneshwara Developers foraying into affordable housing for laborers & Vendors
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With the coming up of massive IT corridor in IMT Manesar near Gurgaon by Vigneshwara Developers, the property values in the neighboring residential areas have doubled in last two years. Vigneshwara Developers has acquired 10 acres of area from the total space of 150 acres and is developing it into a state of the art technology park called Project iValley.
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Growel with its expanding business...
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It all began in 1957, when a group of Indian entrepreneurs (from the field of finance and plating industry) joined hands together to form a young company in collaboration with Grauer & Weil of UK. That joint venture formed Grauer & Weil (India) Ltd (Growel).
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Successful Hand-over to Buyers of Phase-1 of Haryana's Largest Township with Pre-Planned Infrastructure & Plotted Development in the Landmark 306 Acres 'Alpha International City, Karnal'
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The first phase of Alpha International City, Karnal (AICK), the post-modern, eco-friendly and fully integrated 306 acres township developed by real estate and asset management company, Alpha G:Corp is complete and the process of handover to individual buyers is in full swing.
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Ashiana Housing Announces Outstanding Results for FY 2009-10 -29% Jump in PAT, Recommend 15% Dividend
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Ashiana Housing Limited, one of the fastest growing Real Estate Company today announced its financial results for the financial year ending 31st March, 2010
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Marathon NextGen Realty Ltd reports increase in Net Profit by 251% in FY10; Q4 profit up by 396 %; announces 35% total dividend; Issues bonus shares in the ratio of 1:2 on equity shares face value of Rs. 10/- per share
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Marathon NextGen Realty Limited, a Mumbai based leading real estate Company, has posted a 251% rise in net profit to Rs.146.69 crores for the year ended March 31, 2010 as compared to Rs. 41.76 crores recorded in the previous year. The company has announced an equity dividend of 35% (Rs. 3.50 per share) inclusive of an interim dividend of 15% already paid and a Onetime Special Dividend of Rs.1.50 per share (15%). The Board of Directors also has recommended the issue of bonus shares in the ratio of 1 new equity share of Rs. 10/- each for every 2 existing equity shares of Rs.10/-.
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Pennar Industries declares final dividend of 15% making a total of 25% dividend for year FY10
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Sales for FY10 Rs. 861.1 Cr, an increase of 17.8% over FY09. EBIDTA for FY10 Rs.109.0 Cr, an increase of 45% over FY09. PBT for FY10 Rs.85.6 Cr, an increase of 62% over FY09. Net Profit for FY10 Rs.50.0 Cr, an increase of 31% over FY09. Basic EPS Rs. 4.1 per share of Rs.5/-, an increase of 36% over FY09.
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Omaxe Ltd: Consolidated Results Q4FY10 vs. Q3FY10 Q4 FY10 net sales up by 34.97% to Rs. 378.20 crore; PAT up by 58.53% to Rs. 45.12 crore
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Editors Synopsis - Net sales for Q4 FY10 grew by 34.97% to Rs. 378.20 crore - PAT for Q4 FY10 increased by 58.53% to Rs. 45.12 crore - EPS for Q4 FY10 works out to Rs. 2.60, up 58.54% - Net Sales for FY10 grew by 25.34% to Rs. 1,001.22 crore - PAT for FY10 grew by 140.88% to Rs. 112.54 crore - EPS for FY10 stood at Rs. 6.48, up 140.89%
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MCHI announces its Bi-Annual 13th INDIA REALTY EXPO 2010 in Dubai
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Maharashtra Chamber of Housing Industry (MCHI), India's most prominent body of real estate builders and developers in order to attract NRI home buyers from the middle east, would be showcasing properties of renowned builders from India, at the 13th India Realty Expo 2010, to be held in Dubai from 3rd to 5th June, 2010 at the Renaissance Hotel, Deira, Dubai.
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Global Realty Major RE/MAX expands in Maharashtra
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To open 200 offices in Mumbai, Pune, Nasik & Aurangabad Invites franchisee applications at FRO Mumbai
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NEW TEAM TAKES OVER AT MCHI Mr.Sunil Mantri is New President
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Mr. Sunil Mantri became the new President of Maharashtra Chamber of Housing Industry (MCHI). He took over the reins from Mr. Pravin Doshi, his predecessor. Mr. Deepak Goradia is the new Honorary Secretary.
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99acres.com emerges as the most sought after real estate portal by NRIs-Juxtconsult
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99acres.com, the No.1 real estate portal in India has emerged as the most preferred site by NRI's for real estate information in India as per the recently released 'NRI Online 2010' report by Juxtconsult. According to the study revealed maximum number of online NRI users preferred 99acres.com to other real estate portals when it comes to searching for real estate.
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Lodha Casa Rio - Apartments in Dombivali Mumbai
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In a major reprieve for the Mumbai-based developer, the Lodha Group announces soft launch of Lodha Casa Rio Dombivali in Mumbai with 1 & 2 BHK air conditioned apartments, it is the second phase of Lodha Casa.
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Beyond Squarefeet Advisory ropes in Tony Ward as "COO - Leasing"
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Tony Ward a renowned name in the real estate and retail sector both internationally and in India has joined Beyond Squarefeet Advisory, a boutique mall advisory company, promoted by Susil Dungarwal, a retail-mall veteran, as "COO - Leasing". Ward, will be responsible for the most strategic function of leasing & fit-out management at Beyond Squarefeet. His role will include working with mall developers and retailers to design, develop & implement the right tenant mix and retail leasing plans.
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APREA includes Pradeep Jain, Chairman, Parsvnath Developers as new member of the board
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In yet another milestone for Indian Real Estate Industry and Indian Entrepreneurs, Mr. Pradeep Jain, Chairman, Parsvnath Developers Limited is inducted on the board of APREA (The Asian Public Real Estate Association). APREA has played a leading role in representing and promoting real estate in Asia, particularly in the areas of research and information, training for professionals and promoting real estate investment in Asia.
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Franchise India creates innovate platform at FRO Mumbai to assist International brands to enter Indian market
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Over 12 International brands to exhibit on May 22nd-23rd 2010 - 10,000 Serious business investors to flow to experience
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Netz Realty Launches Budget Housing projects in Mumbai
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Netz Capital backed real estate firm, Netz Realty has launched Budget yet luxury houses in the heart of Mumbai city. The houses based on the concept of studio apartments cost between 25 lacs to 45 lacs.
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IREO Victory Valley Gurgaon II Original Booking
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After tremendous success of "The Grand Arch" & "Uptown" IREO brings The Tallest Residential Complex in North India - IREO VICTORY VALLEY
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Artha Money Presents India's first Online Money Manager
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Money Manager is a completely online Money Management tool that Can link all their bank, credit card and all financial accounts and allows users to calculate their net-worth, analyze spending habits, create personalized budgets and set alerts as well. This solution from Artha Money is free and first time offered by a internet financial services company in India.
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RNA Corp. launches 'RNA Exotica' - A Luxury Residential Project in Goregaon
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Inspired by the residential demand in western suburbs, RNA Corp., a leading city-based real estate player has launched 'RNA Exotica', a premium 48 story residential tower in the Secondary Business District (SBD) of Goregaon. 'RNA Exotica', comprising more than 500 flats (with configuration of 2 /3 BHK), is expected to set a new benchmark in privileged living.
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AIPL Ambuja Housing & Urban Infrastructure Ltd. unveil Waterford Villa at DreamCity - Amritsar DreamCity
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AIPL Ambuja, country's leading real estate developer today unveiled Waterford Villa at its upcoming DreamCity project in Amritsar. Supported by several first of its kind and built in the Neo-Victorian design the Waterford Villa is the most luxurious offering by AIPL Ambuja from its DreamCity township project for the people of Amritsar and Punjab.
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Jaypee Greens introduces "Kensington Boulevard" & "Kasa Isles"
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Jaypee Greens, a division of Jaiprakash Associates Limited - a well diversified infrastructural industrial conglomerate in India is introducing Jaypee Greens "Kensington Boulevard" & Jaypee Greens "Kasa Isles" at Jaypee Greens, Wish Town, Noida. The Jaypee Greens, Wish Town, Noida is an ideal township to live in, spread over 1162 acres of land with India's best homes with global standard amenities.
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