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Friday 30 November 2007

Marg Constructions to enter luxury real estate segment (Deepika)

Chennai, Nov 29 (UNI) Leading real estate and Infrastructure development firm, Marg Constructions Limited, today announced its foray into the luxury real estate market by launching a signature project "Tapovan".

WEB EXTRAS (The Hindu)

REAL ESTATE & CONSTRUCTION HDFC 3-day property fair in Coimbatore opens today Coimbatore, Nov 29 With the fortunes of the manufacturing sector, the backbone of Coimbatores economy, on an upswing and the city luring IT and ITES industries to set up shop because of the large talent pool available, Coimbatore is ...

Dankner, Salkind in talks to buy land for Indian project (Globes Online)

Electra Real Estate and Property and Building are looking at a site in Chennai.

Thursday 29 November 2007

Independent house for sales in Abiramapuram, Chennai

Place : Abiramapuram, Chennai
Contact :Amir Jowher
Phone : 044 24903740
Mobile :9380022444

1800 Sq. Feet Independent house is available for sales in Abiramapuram, Chennai.It has 4 bed rooms, 3 bath rooms, kitchen, dining and pooja room.Air conditioning is not included, unfurnished and vitrified flooring.Private Terrace, Balcony, Water Storage and car parking area are available.S.I.E.T school, college and Kaliyappa Bilroth Hospital are nearby.

Reliance, India Bulls in race for TVS property (Indian Express Finance via Yahoo! India News)

Reliance Retail, India Bulls, Nitesh Estates, RMZ, Lanco among others are in race for acquiring a prime property of TVS Electronics Ltd, located in the heart of Chennai. TVS Electronics has put on block its 6.18 acres of land at Nandambakkam near Chennai airport. Leading real estate consultants Jones Lang LaSalle has been entrusted with the job to identify highest bidder, sources close to the ...

Markets (Nov. 28) (The Hindu)

Watch Sivaji on board Singapore Airlines flights Chennai, Nov. 28 Sivaji The Boss, at 35,000 feet above. Singapore Airlines on Wednesday announced its association with the blockbuster Tamil film Sivaji. It has acquired exclusive rights to screen ...

INDUSTRY & ECONOMY (The Hindu)

CONSUMER ELECTRONICS The markets on a roll The emergence of organised retail is also helping the growth of the consumer durables industry. More

Alliance Group enters Hyderabad realty market (IANS via Yahoo! India News)

Hyderabad, Nov 28 (IANS) Alliance Group, a Bangalore-based real estate developer, Wednesday announced its entry into the Hyderabad market with a Rs.4.86-billion villa project.

Alliance Group enters Hyderabad realty market (Calcutta News)

Alliance Group, a Bangalore-based real estate developer, Wednesday announced its entry into the Hyderabad market with a Rs.4.86-billion villa project.

Wednesday 28 November 2007

Realty major PS to tap FDI for Rs 9,000-cr IT SEZ plan (Express India)

The PS Group, a Kolkata-based real estate major, is tapping foreign direct investment (FDI) in a big way to fund a Rs 9,000-crore outlay on three special economic zones (SEZs) for IT.

Sustainable Real Estate Development in India Starts to Gain Momentum (Business Wire via Yahoo! Finance)

NEW DELHI----Taking action on India's environmental crisis is no longer an option - it is a necessity. Sustainable real estate presents India with an unique and enormous opportunity to make concrete progress in the country's effort to improve its environment.

Suncity to bring in Frasers' service apartments to India (Hindustan Times)

In a bid to tap the growing service apartments market in the country, real-estate developer Suncity Projects, a part of the Zee Group, has tied up with the world's second largest player (outside the US) in the service apartments sector, the Singapore-based Frasers Hospitality.

Tuesday 27 November 2007

Individual apartment for sales in Besant Nagar, Chennai

Place : Besant Nagar, Chennai
Contact :Vijay
Mobile :9884566899

1215 Sq. Feet Individual apartment is available for sales in Besant Nagar, Chennai.Apartment has 2 floors and property is on the 2nd floor.It has 2 bed rooms, 2 bath rooms and kitchen.Age of property is 1-3 years old and car parking area is also available.

Independent house for sales in Tambaram West, Chennai

Place :Tambaram West, Chennai
Contact : Mani
Mobile :9841740938
Price :Rs 65,00,000(Rs 5,417 per sq.ft)

1200 Sq. Feet Independent house is available for sales in Tambaram West, Chennai.It has 3 bed rooms, 2 bath rooms, kitchen and pooja room.Age of property is above 10 years old and car parking area is also available.

UK's Rutley Capital eyes $1 bln India housing fund (Reuters via Yahoo! India News)

LONDON (Reuters) - British real estate private equity firm Rutley Capital Partners said on Monday it was looking to raise $300 million of equity to seed an Indian residential investment fund with a target size of $1 billion.

Indian Billionaire Adani May Add $4 Billion to Fortune With IPO (Bloomberg.com)

Nov. 27 (Bloomberg) -- Indian property magnate Gautam Adani may be about to add $4 billion to his personal fortune.

Rutley Capital eyes India housing fund (Reuters via Yahoo! UK & Ireland News)

Real estate private equity firm Rutley Capital Partners said on Monday it was looking to raise 145 million pounds of equity to seed an Indian residential investment fund with a target size of 480 million pounds.

Rutley Capital eyes India housing fund (Interactive Investor)

Business Finance and city news online from Interactive Investor (www.iii.co.uk). Plus financial and currency market news and information 24/7. Stock prices, share prices, currency markets news and business finance headlines. Also news from AFX and Reuters.

Monday 26 November 2007

Independent house for sales in pallavaram, Anakaputhur, Chennai

Place :Pallavaram, Anakaputhur, Chennai
Contact :Lakshman
Mobile :9840590195
Price : Rs 24,00,000(Rs 2,154 per sq.ft)

1114 Sq. Feet Independent house is available for sales in Pallavaram, Anakaputhur, Chennai.It has 3 bed rooms, 2 bath rooms, kitchen, dining and other rooms.Air conditioning is not included, semi furnished and spartex flooring.Waste disposal, Balcony, Water Storage are available.Schools, hospitals,railway station and airport are nearby.

Residential use land for sales in Guduvanchery, Chennai

Place :Guduvanchery, Chennai
Contact :Lakshman
Mobile :9840590195
Price : Rs 7,00,000(Rs 389 per sq.ft)

1800 Sq. Feet Residential use land for sales in Guduvanchery, Chennai.Electricity and water supply is not available.Road is tar.Schools, hospitals and railway station are nearby.IIT Madras Staff Colony is nearby.

`Mature market won`t have 4 malls in close proximity` (Business Standard India)

It is Joe Valentes second visit to India and ever since he arrived in Delhi from London, the global head of research at real-estate consultancy DTZ has been holed up in meetings.

Saturday 24 November 2007

Hockey team to get plots in Hyderabad (New Kerala)

By Anand Philar, Chennai, Nov 23 : The members of the Asia Cup winning Indian hockey team are to be allotted plots in Hyderabad next week by a local real estate firm that had made a similar gesture to the National cricket team winning the 20Twenty World Cup in September.

Global biggies to invest in India's realty sector (rediff.com)

Indian real estate industry, which is currently pegged at $16 billion, is witnessing increased interest from several international developers, primarily from the Middle-East, South-East Asia and Europe.

WEB EXTRAS (The Hindu)

REAL ESTATE & CONSTRUCTION Understatement in real-estate deals Income-tax law has been grappling with the problem of on-money deals in real-estate transactions. The on-money in such transactions is estimated to be around 15 per cent of unaccounted money in the country. There was ...

Markets (Nov. 23) (The Hindu)

TAMIL NADU Amrutanjan launches wellness spa Chennai, Nov. 23 Amrutanjan Ltd, in technical collaboration with US-based Back to Young LLC, has promoted a new company called Holistic Beauty Care Ltd with an authorised capital of Rs 1 crore. The company will initially carry on the ...

Hockey team to get plots in Hyderabad (EARTHtimes.org)

Chennai, Nov 23 - The members of the Asia Cup winning Indian hockey team are to be allotted plots in Hyderabad next week by a local real estate firm that had made a similar gesture to the National cricket team winning the 20Twenty World Cup in September.

Hockey team to get plots in Hyderabad (IANS via Yahoo! India News)

Chennai, Nov 23 (IANS) The members of the Asia Cup winning Indian hockey team are to be allotted plots in Hyderabad next week by a local real estate firm that had made a similar gesture to the National cricket team winning the 20Twenty World Cup in September.

Friday 23 November 2007

Independent house for sales in Valsarvakkam, Chennai

Place : Valsarvakkam, Chennai
Contact :Ashok
Mobile :9841143344

8500 Sq. Feet Independent house is available for sales in Valsarvakkam, Chennai.It has 4 bed rooms, 4 bath rooms, kitchen, dining, pooja and other rooms.Air conditioning is included for individual unit, fully furnished and marble flooring.Private Terrace and car parking area are available.Lasatline school, soorya,and vijaya hospital are nearby.

Residential use land for sales in Kattankulathur, Chennai

Place : Kattankulathur, Chennai
Contact :Ravindranath
Mobile :9444936177
Price :Rs 30,50,000

4195 Sq. Feet Residential use land is available for sales in Kattankulathur, Chennai.Electricity and water supply is not available.It has tar road and soil is red. JRK Mat.School and SRM Medical College Hospital are nearby.

Thursday 22 November 2007

Carrefour plans cash & carry foray in '09 (Agencyfaqs!)

Carrefour, the worlds second-largest retailer based in France, is planning its Indian foray in 2009 from metros such as New Delhi, Mumbai, Bangalore and Chennai.

Wednesday 21 November 2007

Carrefour plans cash and carry foray (Business Standard India)

Carrefour, the worlds second largest retailer based out of France, is planning its Indian foray in 2009 from big cities like New Delhi, Mumbai, Bangalore and Chennai.

ICICI Prudential launches real estate l fund (The Hindu)

CHENNAI: ICICI Prudential AMC has announced the launch of ICICI Prudential Real Estate Securities Fund. It is a three-year close-ended debt fund for investing in the real estate and real estate related sectors such as cement, construction, ...

Gulf realty firms to invest $50 bn in India (Business Standard India)

Even as property giants such as Emaar, Nakheel, Gulf Finance House and ETA Star from the Gulf move ahead with their plans, the regions half a dozen other real estate companies have set their eyes on the country.

Merrill Lynch fund invests in India's DLF (AFP via Yahoo! News)

A Merrill Lynch private equity real estate fund has invested 377 million dollars in housing projects being built by India's largest real estate company DLF, executives said Tuesday.

Tuesday 20 November 2007

Residential use land for sales in Kadambhattur, Chennai

Place : Kadambhattur, Chennai
Contact :Siva
Phone :044 42719844
Mobile :9840691962

2416 Sq. Feet Residential use land is available for sales in Kadambhattur, Chennai.Electricity and water is not available.It has mud road and red soil.Schools, hospitals and railway sttaion are nearby.

Builder floor type apartment for sales in Nelson Manickam Road, Chennai

Place : Nelson Manickam Road, Chennai
Contact :Sam
Mobile :9841312473

940 Sq. Feet Builder floor type apartment is available for sales in Nelson Manickam Road, Chennai.Apartment has 3 floors and property is on the 2nd floor.It has 2 bed rooms,2 bath rooms and kitchen.Age of property is 1-3 years old and car parking area is also available.

Two PE funds invest Rs 1,675 cr in DLF (Express India)

Real estate major DLF has received private equity investment amounting to Rs 1,675 crore from two private...

DLF offloads 49% in 8 housing projects (Business Standard India)

DLF, the countrys largest real estate developer by market value, today said that it has sold 49 per cent stake in eight residential projects to private equity players for Rs 1,675 crore.

DLF sells 49 pct stake in projects to Merrill Lynch entity for 14.81 bln rupees (FinanzNachrichten)

MUMBAI (Thomson Financial) - India's largest real estate company DLF Ltd said a Merrill Lynch ( Nachrichten )&Co entity has bought a 49 pct stake in seven of DLF's residential projects for 14.81 bln rupees.

DLF raises $426 m from stake sale in projects (Express India)

DLF Ltd, India's largest real-estate company by market value, sold stakes in residential projects to private equity investors for $426 million.

Merrill makes big play in India (FT.com via Yahoo! News)

Merrill Lynch has launched its biggest foray into India's real estate market, joining a growing number of foreign financial institutions seeking to tap into the fast-growing but volatile sector.

DLF sells 49% stake in projects to PE firms (rediff.com)

DLF, India's largest real estate developer by market cap, on Monday said it has sold 49 per cent stake in some of its residential projects to private equity investors for a total consideration of Rs 1,675 crore (Rs 16.75 billion).

DLF sells 49% in housing projects to Merrill arm (The Hindu)

New Delhi, Nov. 19 Real estate company DLF Ltd today said it has sold 49 per cent stake in eight residential project SPVs to private equity investors for a total consideration of Rs 1,675 crore.

Two PE funds invest Rs 1,675 cr in DLF (Indian Express Finance via Yahoo! India News)

Real estate major DLF has received private equity investment amounting to Rs 1,675 crore from two private equity funds - Merrill Lynch & Co and Brahma Investments. Merrill Lynch & Co has obtained 49 per cent equity for Rs 1,481 crore in seven residential projects spread in four cities - Chennai, Bangalore, Kochi and Indore. These middle-income housing projects will be developed in 7-8 years, DLF ...

Monday 19 November 2007

Duplex apartment for sales in Pallavaram, pammal,Anakaputhur, Chennai

Place :Pallavaram, pammal,Anakaputhur, Chennai
Contact :Lakshman
Mobile :9840590195
Price :Rs 24,00,000(Rs 2,154 per sq.ft)

1114 Sq. Feet Duplex apartment for sales in Pallavaram, pammal,Anakaputhur, Chennai.Apartment has 2 floors and property is on the ground floor.It has 3 bed rooms, 2 bath rooms, kitchen,dining, pooja and other rooms.Air conditioning is not included, unfurnished and vitrified flooring.Balcony, Waste disposal are available.Schools, hospitals,railway station and airport are nearby.This is near to Indian Bank anakaputhur, Chennai.

Waiting to grow (Business Standard India)

Mid-cap stocks, which are trading at cheaper valuations compared with large-caps, can be rewarding investments. Year 2007 is likely to be remembered for providing great returns in the stock market.

DLF sells stake in housing projects to PE players (Business Standard India)

Real estate major DLF has sold 49% equity stake at a premiun in seven residential projects to a subsidiary of Merrill Lynch & Co for Rs 1,481 crore.

10 stocks that can earn great returns (rediff.com)

Mid-cap stocks, which are trading at cheaper valuations compared with large-caps, can be rewarding investments.

DLF Raises $426 Million From Stake Sale in Projects (Update1) (Bloomberg.com)

Nov. 19 (Bloomberg) -- DLF Ltd., India's largest real-estate company by market value, sold stakes in residential projects to private equity investors for $426 million.

Abundance of office space could spoil the rate party (Hindustan Times)

Though the demand for high quality office space is likely to remain strong in the near future, an oversupply situation could jeopardise interests of investors and developers. This might be the time to exercise prudence, caution experts.

Sunday 18 November 2007

Trends: Fertile Ground (Contract Magazine)

On the global stage, it's a good time to be involved in design and construction.

Runway over 300 houses derby (NDTV)

Chennai airport expansion gets turbulent as local people are infuriated over 300 new houses to be demolished to construct the parallel runway. These houses under construction will soon be demolished.

Saturday 17 November 2007

Markets (Nov. 16) (The Hindu)

STRATEGY Titan has designs on lifestyle products The in-house design studio of Titan Industries is looking beyond watches and eyewear to designing other lifestyle products for external clients. Ms Revathi Kant, Business Head Design, Titan Industries, said: We ...

Shalimar Paints to acquire a company in South (The Hindu)

Plans to make a foray into real estate

Markets (Nov. 16) (The Hindu)

TAMIL NADU Maditssia to host meet on adopting computers Madurai, Nov. 16 The Madurai District Tiny and Small Scale Industries Association (Maditssia) is organising a two-day programme on Adopting computers in your every day work-style on November 17 and 18.According to Mr ...

INDUSTRY & ECONOMY (The Hindu)

CLIMATE & WEATHER Presentation on global warming Doha Bank is conducting a presentation on Global Warming and Climate Change-Perspective on Corporate and Social Responsibility, as part of their social responsibility initiative on Saturday at Le Meridian here. Mr R. Seetharaman, ...

Friday 16 November 2007

Room for recruits: Cement shortage causes construction delay

Independent house for sales in Velachery, Chennai

Place :Velachery, Chennai
Contact:Mrs.Daniel
Phone :044 42100174
Mobile :9840864119
Price :Rs 1,48,00,000(Rs 8,000 per sq.ft)

1850 Sq. Feet Independent house is available for sales in Velachery, Chennai.It has 3 bed rooms,4 bath rooms,kitchen, dining and other rooms.Air conditioning is not included, semi furnished and vitrified flooring.Private Terrace, Balcony, Electricity Backup, Water Storage and car parking area are available.American Public School, hospital and railway station are nearby.

Individual apartment fo sales in Chennai

Place :Chennai
Contact :Naresh Aggarwal
Phone :011 32609910
Mobile :9310432323
Price :Rs 14,20,000(Rs 1,495 per sq.ft)

950 Sq. Feet Individual apartment is available for sales in Chennai.Apartment has 5 floors and property is on the 1st floor.It has 2 bed rooms, 2 bath rooms, kitchen and other rooms.Air conditioning is not included, fully furnished and wood flooring.Balcony, Waste disposal, lift and car parking area are available.Schools and hospitals are nearby.

INDUSTRY & ECONOMY (The Hindu)

NRIS New DRDO bait to lure NRIs, over 500 freshers If its proposal to Pay Commission is accepted, it could mean a dramatic rise in salaries by 3-4 times based on performance; a six-month sabbatical; higher education; special allowances at difficult terrains among others.

Healthcare does not promise good returns (rediff.com)

Continuous investment in capacity expansion, slow pick-up of medical tourism, increasing competition among corporate healthcare entities and lack of health insurance are thus driving away small players and attracting deep-pocketed corporate entities that can afford to sustain on a long-term basis.

Healthcare does not promise good returns (Business Standard India)

HEALTH SECTOR: Firms are realising that operational efficiencies come through capacity creation.

Markets (Nov. 15) (The Hindu)

STRATEGY Pantaloon spins off sports retail division Mumbai, Nov. 15 Pantaloon Retail India Ltd has spun off its sports retail business into a new company under the name of Planet Sports Retail. The company has segregated its fashion and sports business which was previously operating ...

Markets (Nov. 15) (The Hindu)

ANNOUNCEMENTS Corporate developments Coimbatore, Nov. 15 With reference to an earlier announcement on November 9, 2006 regarding stock split, Classic Diamonds India Ltd has said that the board of directors at its meeting on November 15, has decided to go ahead ...

Mukesh Ambani Beats Brother Anil on India's Rich List (Update2) (Bloomberg.com)

Nov. 15 (Bloomberg) -- Billionaire Mukesh Ambani extended his lead over younger brother Anil as the second-richest Indian, after his Reliance Industries Ltd. more than doubled in value as the stock market surged to a record.

Thursday 15 November 2007

Independent house for sales in Porur, Mugalivakkam, Chennai

Place :Porur, Mugalivakkam, Chennai
Contact :Lakshman.M
Mobile :9840590195

1600 Sq. Feet Independent house is available for sales in Porur, Mugalivakkam, Chennai.It has 4 bed rooms, 3 bath rooms, kitchen, dining, pooja and other rooms.Air conditioning is not included, semi furnished and marble flooring.Waste disposal, Balcony, Water Storage and car parking area are available.Kedar Hospital is nearby. Schools and railway station are nearby.

Independent house fo sales in Urapakkam, Chennai

Place : Urapakkam, Chennai
Contact :John Kennedy
Phone :044 24345918
Mobile :9444963518
Price :Rs 36,00,000(Rs 2,250 per sq.ft)

1600 Sq. Feet Independent house is available for sales in Urapakkam, Chennai.It has 2 bed rooms, 3 bath rooms, kitchen, pooja and other rooms.Age of property is 1-3 years old and car parking area is also available.Saraswathi, Anandavalli school and railway station are nearby.

ETA Star Properties to showcase its might at Cityscape India (AME Info)

ETA Star, a leading property developer in the UAE, is all set to shine at the Cityscape India 2007.

KONE to Supply Elevators for the Commercial Development Area at Jupiter Mills in Mumbai (Press Trust of India)

KONE has received a major order from Indiabulls Properties Pvt Ltd for the design, supply and installation of 40 elevators for the Jupiter Mills high-end commercial development area in South Mumbai in India.

Wednesday 14 November 2007

Independent house for sales in Madhavaram, Chennai

Place : Madhavaram, Chennai
Contact :Kumar
Mobile :9884560763

1200 Sq. Feet Independent house is available for sales in Madhavaram, Chennai.It has 3 bed rooms, 2 bath rooms, kitchen, dining, pooja and other rooms.Air conditioning is not included, unfurnished and mosaic flooring.Age of property is above 10 years old and car parking area is also available.Schools, hospitals and railway station are nearby.

Independent house for sales in new washermanpet, Chennai

Place : New washermanpet, Chennai
Contact :P.Karthikeyan
Mobile :9283146063

1800 Sq. Feet Independent house is available for sales in New washermanpet, Chennai.It has 5 bed rooms, 4 bath rooms and kitchen.Air conditioning is not included, fully furnished and cement flooring.Apollo hospital and schools are nearby.

Residential use land for sales in Ayanambakkam, Chennai

Place :Ayanambakkam, Chennai
Contact :Surender
Phone :044 26530857
Mobile :9884029977

2500 Sq. Feet Residential use land for sales in Ayanambakkam, Chennai.It has mud road.

INDUSTRY & ECONOMY (The Hindu)

FOREIGN TRADE Kamal Nath calls for doubling trade with Greece New Delhi, Nov 13 The Union Commerce and Industry Minister, Mr Kamal Nath, today said that India and Greece should work towards doubling the bilateral trade to 1 billion by 2010 in the light of the robust growth displayed in the trade ...

ETA Star plans Rs 1,500 cr mall in Mumbai (Business Standard India)

Joint venture buys 10-acre plot for Rs 800-900 crore. Chennai-based real estate developer ETA Star Property Developers, a part of $4 billion ETA Ascon group based in the UAE, will build a Rs 1,500 crore mall in Mumbais Juhu area.

Tuesday 13 November 2007

Independent house for sales in Anna Nagar , Chennai

Place :Anna Nagar , Chennai
Contact :M.Sri Ramakrishnan
Mobile :9962299145

1050 Sq. Feet Independent house is available for sales in Anna Nagar , Chennai.It has 4 bed rooms, 4 bath rooms and kitchen.Age of property is above 10 years old and car parking area is also available.SBOA, DAV, VELLAMAL, CHINMAYA VIDHYALAYA school and SRI DEVI HOSPITAL are nearby.Railway station is also nearby.

Independent house for sales in T. Nagar, Chennai

Place : T. Nagar, Chennai
Contact :Lakshman
Phone :044 9840590195
Mobile :9385595060
Price :Rs 76,00,000(Rs 5,067 per sq.ft)

1500 Sq. Feet Independent house is available for sales in T. nagar, Chennai.It has 3 bed rooms, 3 bath rooms,kitchen, pooja and other rooms.Air conditioning is not included, unfurnished and cement flooring.Waste disposal, Balcony, Water Storage are available.Schools, hospitals and railway station are nearby.T. Nagar Police Station is nearby.

Fortis Plans To Acquire Chennai's Lifeline (Nasdaq)

(RTTNews) - Tuesday, the media reported that the Ranbaxy group-promoted Fortis Healthcare appears to be in a hurry to increase its footprint in the south by focusing its attention on the 450-bed Lifeline Hospital chain in Chennai. This follows the acquisition of 180-bed Malar Hospital in Chennai.

Mixed bag for real estate segment this Diwali (Express India)

Post Diwali 2007, builders and international property consultants have come up with mixed reactions on how has the overall real estate sector has taken off during this Diwali over the previous corresponding period in terms of prices and volumes, apart from sales growth.

K Raheja Corp wins best developer award (The Hindu)

CHENNAI: K Raheja Corp, a leading real estate developer in India, has won Liquid Real Estate Award for 2007. K Raheja Corp was adjudged Best Developer in India and sixth in the Asia Region. Over 500 professionals from the real ...

Everest Kanto Research: CLSA Rating: Buy CMP: Rs 277 (The Economic Times)

CLSA has initiated a coverage on Everest Kanto with a buy recommendation and a 12-month target price of Rs 306. Everest Kanto Cylinders manufactures high-pressure cylinders for CNG and industrial applications.

Tax benefits on office space rentals sought (The Hindu)

Government must set up IT parks for SMEs with nominal occupation charges. Must permit co-ownership of space at special economic zones. Customs processing for electronic goods be carried out online to save time.

Monday 12 November 2007

Builder floor type apartment for sales in Choolaimedu, Chennai

Place :Choolaimedu, Chennai
Contact :Ganesan
Mobile:9444005349
Price :Rs 50,00,000(Rs 5,263 per sq.ft)

950 Sq. Feet Builder floor type apartment for sales in Choolaimedu, Chennai.Apartment has 6 floors and property is on the 1st floor.It has 2 bed rooms, 2 bath rooms, kitchen and pooja room.Air conditioning is included for individual unit, fully furnished and marble flooring.Age of property is 4-10 years old.Car parking area and lift are available.

Individual apartment for sales in Chenni Near saligramam (dhasaradapuram),

Place : Near saligramam (dhasaradapuram), Chennai
Contact :S.Selvakumar
Mobile :9941064491

950 Sq. Feet Individual apartment is available for sales in Chennai, near saligramam (dhasaradapuram).Apartment has 2 floors and property is on the 2nd floor.It has 2 bed rooms, 2 bath rooms and kitchen.Age of property is 1-3 years old and car parking area is also available.

Sunday 11 November 2007

In search of foreign funds (Indian Express Finance via Yahoo! India News)

The Real Estate Investment Trusts (REITS) story has unfortunately failed to develop as anticipated. The reason? The regulatory delays in establishing parameters to streamline and put them on the fast lane. Many large developers are unwilling to put their own plans on hold and are naturally looking for alternative sources of funding. For example, the London s Alternative Investment Market (AIM) ...

Saturday 10 November 2007

INDUSTRY & ECONOMY (The Hindu)

HEALTH Sale of sweets down by 40% during Diwali New Delhi, Nov. 9 Despite a decline in input costs of sweets, their sales on an average have dropped by over 40 per cent during the current Diwali celebrations as the consumption patterns have shifted towards dry fruits, cookies, chocolates, ...

Friday 9 November 2007

Ithmaar Development Company (IDC) announces three senior appointments (AME Info)

Ithmaar Development Company (IDC), a developer, manager and executor of major international real estate and infrastructure projects and a part of the Bahrain-based Ithmaar banking group, announced three senior appointments to its growing management team.

Zenta Ranked among Top 100 Providers of Financial Technology (Business Wire via Yahoo! Finance)

NEW YORK----Zenta, a leading world-class Business and Knowledge Process Outsourcing Company, today announced that American Banker and the research firm Financial Insights have ranked Zenta #77 on the FinTech 100, an international annual listing of the top vertical technology vendors that derive more than one third of their revenue from this industry.

TN gives nod for Rs 9,757-cr Chennai Metro Rail system

Individualapartment for sales in Tiruvanmiyur, Chennai

Place : Tiruvanmiyur, Chennai
Contact :MN.Mitra
Phone:044 22448383
Mobile :9840258456

900 Sq. Feet Individual apartment is available for sales in Tiruvanmiyur, Chennai.Apartment has 3 floors and property is on the 3rd floor.It has 2 bed rooms, 2 bath rooms and kitchen.Air conditioning is included for individual unit, fully furnished and ceramic flooring.Balcony, and car parking area are available. Lifeline Hospital and tidel park are nearby.

Citibank puts up Chennai property for sale

Thursday 8 November 2007

SBI announces loan mela (Deepika)

Chennai, Nov 7 (UNI) The State Bank of India (SBI) today announced reduction in interest rates and processing charges for its housing and car loans to mark the festival season.

INDUSTRY & ECONOMY (The Hindu)

URBAN DEVELOPMENT TN gives nod for Rs 9,757-cr Chennai Metro Rail system Chennai, Nov. 7 The Tamil Nadu Government has approved in-principle the creation of a Chennai Metro Rail system at a cost of Rs 9,757 crore.According to an official press release, the Tamil Nadu Cabinet, which met on Wednesday, took a ...

Biggies eye airport area development (The Times of India)

NEW DELHI: The biggest names of Indian industry have evinced keen interest in the aviation ministry's move to develop city sides of 35 non-metro airports the PPP way.

Wednesday 7 November 2007

Independent house for sales in Arcotroad,valasaravakkam, Chennai

Place : Arcotroad,valasaravakkam, Chennai
Contact :Chowdhary
Mobile :9283203550
Price :Rs 95,00,000(Rs 4,524 per sq.ft)

2100 Sq. Feet Independent house is available for sales in Arcotroad,valasaravakkam, Chennai.It has 3 bed rooms, 3 bath rooms, kitchen and study room.Air conditioning is included for individual unit, fully furnished and marble flooring.Private Terrace, Balcony, Water Storage and car parking area are available.Schools,reliance, spencers, banks,temple are nearby.

Land for sales in Nanganallur South, Chennai

Place : Nanganallur South, Chennai
Contact :Joy Matthew Edwards
Phone :044 22326895
Mobile :9884445068
Price :Rs 90,00,000(Rs 2,067 per sq.ft)

Land is available for sales in Nanganallur South, Chennai.It has 3 phase electricity, well and bore well water and barbed wire fencing.Road is mud road and Muroom soil.Kendriya Vidyalaya, BMC hospital,airport and railway station are nearby.

Capex programmes (The Hindu)

As per our feedback from the industry circles, many major projects and capex programmes are getting delayed between 12 and 18 months in major industry belts across the country albeit there is no complete stoppage of work, Mr Santhanam said.

Uppal Group to invest Rs 800 crore in north (Indian Express Finance via Yahoo! India News)

Real estate major -Uppal Group-is planning to invest around Rs 800 crore in the northern region in the next two years. The company is likely to fund the projects through debt, internal accruals, private equity players or through IPO. With three projects already under various stages of development in Chandigarh capital region, the group is also vying to set up an IT SEZ in Himachal Pradesh. We ...

Pride Hotels plans IPO, Rs 350cr expansion (Business Standard India)

Hospitality sector player Pride Hotels is planning an expansion programme to take the number of rooms in its properties from 438 now to about 700 in the next three years.

Markets (Nov. 6) (The Hindu)

ANNOUNCEMENTS Reliance makes 2nd gas find in Krishna basin Mumbai, Nov. 6 Reliance Industries said that it has made a second gas discovery in what it referred to as the Miocene clastics reservoir in the Krishna basin. The company holds 100 per cent participating interest in the block. ...

UAE builders look beyond borders (Zawya)

All eyes are on the phenomenal growth of the UAE's property industry, but for many of the country's developers, domestic opportunities cannot satisfy their appetite to expand.

Marriott sees strong growth in Asia-Pacific region (Reuters via Yahoo! Singapore News)

MUMBAI, Nov 6 - Marriott International Inc sees the Asia Pacific market benefiting from a weaker dollar and expects revenue from China and India to stay strong in the coming years, a top official said on Tuesday.

Tuesday 6 November 2007

Residential use land for sales in Sevvapet on MTH Road Layout, Chennai

Place :Sevvapet on MTH Road Layout, Chennai
Contact :Natarajan
Phone :044 43537848
Mobile :9382833056
Price :Rs 4,50,000(Rs 231 per sq.ft)

1950 Sq. Feet Residential use land is available for sales in Sevvapet on MTH Road Layout, Chennai.Fencing is Barbed Wire, well and bore well water and tar road.Electricity is not available.Shools, hospitals and railway station are nearby.Lakshmi Narayana Kalyana Mahal is nearby.

Residential use land for sales in Arokkonam, Chennai

Place : Arokkonam, Chennai
Contact :Natarajan
Phone :044 43537848
Mobile :9382833056

4080 Sq. Feet Residential use land is available for sales in Arokkonam, Chennai.Natural water supply and tar road.Electricity is not available.Schools, hospitals and railway station are nearby.

Vision 2011 (The Hindu)

The objective of the policy is to create an additional two million jobs by 2011, raise manufacturing sectors contribution to the GSDP to 27 per cent from 21 per cent, double the States annual exports to Rs 1,40,000 crore and improve competitiveness of the SMEs and agro-based industries, according to the policy note.

Govt plans to start housing index soon (The Times of India)

NEW DELHI: On the lines of consumer price index, the government is working on a Housing Startup Index (HSUI) which will reflect the availability of housing stocks and real estate prices in cities across the country.

India needs more liberalised economy, says MM Lee (Channel NewsAsia via Yahoo! Singapore News)

NEW DELHI: India is on a roll and there is a distinct desire to change oldeconomy mindsets, said Singapore Minister Mentor Lee Kuan Yew, but the country must pay urgent attention to infrastructure bottlenecks.

INDUSTRY & ECONOMY (The Hindu)

EMPLOYMENT Scheme for jobless skilled youth Thiruvananthapuram, Nov. 5 The Kerala Government has given administrative sanction to a self-employment scheme for jobless skilled youth in the State.The scheme envisages launching of multi-purpose service centres and job ...

Monday 5 November 2007

Independent house for sales in Thuraipakam, Chennai

Place :Thuraipakam, Chennai
Contact :D.T.R.BABU
Phone :9940676476
Mobile : 9789099948
Price :Rs 68,00,000(Rs 3,542 per sq.ft)

1920 Sq. Feet Independent house is available for sales in Thuraipakam, Chennai.It has 3 bed room, 3 bath rooms and kitchen.Age of property is 0-1 year old and car parking area is also available.

Independent house for sales in T.nagar, Chennai

Place :T.nagar, Chennai
Contact :Rangan
Mobile :9443489168
Price :Rs 3,00,00,000(Rs 7,500 per sq.ft)

4000 Sq. Feet Independent house is available for sales in T.nagar, Chennai.It has 5 bed rooms, 4 bath rooms and kitchen.Age of property is above 0 years old.

MONEY & BANKING (The Hindu)

INSIGHT Central bankers are fallible A debate is on whether central bankers may have themselves been responsible for the problems that led to the sub-prime mess in the first instance and whether their subsequent actions are over-compensating.

India needs more liberalised economy, says MM Lee (Channel NewsAsia)

NEW DELHI: India is on a roll and there is a distinct desire to change old-economy mindsets, said Singapore Minister Mentor Lee Kuan Yew, but the country must pay urgent attention to infrastructure bottlenecks.

Kapil Ohri (Agencyfaqs!)

| agencyfaqs! | New Delhi, November 05, 2007 Carrying two different categories local commerce and social media on the same website, Sulekha.com has sought to make a clear distinction between the two. Changes have been made in the design and technology of the site.

Sunday 4 November 2007

A home check-in (Indian Express via Yahoo! India News)

It's past 8 pm and Mark Ford has just reached home. Shaking off the tiredness of yet another hectic day at office, he slips into his pajamas and helps himself to a drink. A loner here, his daily attempt to unwind begins when he reaches for his black grand piano kept in the living room and logs onto his daily dose of mellow meditation. "Hiring a piano was the only demand I put forth when I ...

INDUSTRY & ECONOMY (The Hindu)

NRIS Strong Re & remittance-dependent families Rupee has appreciated beyond sustainable levels. The exchange rate is not justified by its fundamentals at the current level.

Saturday 3 November 2007

Individual apartment for sales in Thiruvanmayur, Chennai

Place : Thiruvanmayur, Chennai
Contact :V P Narasimhan
Mobile :9841300200
Price :Rs 65,00,000(Rs 5,996 per sq.ft)

1084 Sq. Feet Individual apartment is available for sales in Thiruvanmayur, Chennai.Apartment has 4 floors and property is on the 3rd floor.It has 2 bed rooms, 2 bath rooms and kitchen.Age of property is 4-10 years old and car parking area is also available.

INDUSTRY & ECONOMY (The Hindu)

NRIS OBC revises FCNR deposit rates Oriental Bank of Commerce (OBC) has announced changes in interest rates on foreign currency non resident (FCNR) deposits on all maturities from one to five years for US dollars, British pounds, euro, Australian dollar and Canadian dollar ...

Friday 2 November 2007

Individual apartment for sales in Choolaimedu, Chennai

Place : Choolaimedu, Chennai
Contact :Dr.Joseph
Phone :04362 233809237139
Mobile :9994450139
Price :Rs 30,00,000(Rs 4,000 per sq.ft)

750 Sq. Feet Individual apartment is available for sales in Choolaimedu, Chennai.Apartment has 1 floor and property is on the 1st floor.It has 2 bed rooms, 1 bath room and kitchen.Air conditioning is included for individual unit, unfurnished and mosaic flooring.Private Terrace, Balcony, Waste disposal are available.Best Hospital, schools and railway station are nearby.

Individual apartment for sales in Perambur, Chennai

Place : Perambur, Chennai
Contact :Angel
Mobile:9841061445
Price:Rs 9,10,000(Rs 2,116 per sq.ft)

430 Sq. Feet Individual apartment is available for sales in Perambur, Chennai.Apartment has 1 floor and property is on the 1st floor.It has 1 bed room, 1 bath room and kitchen.Air conditioning is not included and mosaic flooring.Age of property is 4-10 years old.SRM dental coll,Engineering college and Miot hospital, Arokiya hospital are nearby.Airport and railway station are nearby.

Walton Street to invest in Shriram Properties (The Hindu)

CHENNAI: Shriram Properties, the real estate arm of the Rs. 25,000-crore Shriram Group, has said in a release that Walton Street Capital LLC, a U.S.-based real estate private equity fund, has made a strategic investment in the company. ...

Clicking on the perfect property (Deccan Herald)

Finding any property for rent or worsesale, is a virtual time-consuming and risky nightmare for any one. A fairly recent, fast and reliable alternative is going through a credible online property listing service like Indiaproperties.com, finds out Shonali Misra.

Thursday 1 November 2007

Independent house for sales in Anna Nagar , Chennai

Place : Anna Nagar , Chennai
Contact :M.Sri Ramakrishnan
Mobile :9962299145

1100 Sq. Feet Independent house is available for sales in Anna Nagar , Chennai.It has 4 bed rooms, 4 bath rooms and kitchen.Age of property is above 10 years old and car parking area is also available.SBOA, DAV, VELLAMAL, CHINMAYA VIDHYALAYA school and SRI DEVI HOSPITAL are nearby.ANNA NAGAR DEPO and railway station are nearby.

Residential use land for sales in Kottivakkam, Chennai

Place : Kottivakkam, Chennai
Contact :Ganesh
Mobile :9841041764
Price :Rs 4,00,00,000(Rs 4,167 per sq.ft)

4 Grounds Residential use land is available for sales in Kottivakkam, Chennai.Electricity is not available.Well and bore well water,tar road and red soil.Lifeline Hospital is nearby.

Shriram Properties raises $100mn (Business Standard India)

Shriram Properties, a Bangalore-based property developer, has raised $100 million by selling a minority stake to Walton Street Capital, a US- based real estate private equity fund having assets worth $14 billion, to develop real estate projects in India.

INDUSTRY & ECONOMY (The Hindu)

COURTS/LEGAL ISSUES Termination of co-op staff without enquiry barred: HC Chennai, Oct. 31 The TN Shops & Establishments Act, 1941 provided for relief to employees of co-operative institutions from being terminated from service without conducting proper enquiry, Madurai Bench of Madras High Court ruled.