Sahara Group in talks to buy ‘The Plaza’ in New York for Rs 3,000 crore
NEW DELHI: Little over a year after he snapped up London’s iconic Grosvenor House hotel, Subroto Roy is about to do a similar deal across the Atlantic. The Sahara Group is in exclusive talks to acquire The Plaza, a 105-year-old… Continue reading
FSI replacement: Stakeholder group moots building potential as development tool
s group has suggested that the concept of building potential should replace the FSI policy that currently controls constructions in the city. The stakeholder group formed by the research organisation Urban Design Research Institute (UDRI) had recently met with BMC… Continue reading
Wadias Group launches new luxury residential project in Mumbai
MUMBAI: Textiles-to-aviation conglomerate Wadia Group, which made a foray into the real estate space recently with a new company Bombay Realty, today launched a fully integrated, mixed use development project — ‘Island City Centre’ — in south central Mumbai.
The… Continue reading
Sameer Gaur, Jaypee Group MD, 3 others booked for razing temple
Noida: Two days after a temple in Nangla Nangli village in Noida was allegedly demolished by officials of the Jaypee Group, the police registered cases against against Sameer Gaur, MD Jaypree Infratech Limited, and three senior officials of the company
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Soon: Higher income group housing schemes in Dwarka
s some good news. DDA has taken up construction of several housing projects in Dwarka, which are mainly meant for the higher income group (HIG). Many of these projects are being taken up in Sector 26 and 27 and will… Continue reading
One Group to invest Rs 250 crore by 2014 as part of expansion plan
MUMBAI: One Group that has diversified into various business verticals such as realty, sports goods, engineering and healthcare plans to invest around Rs 250 crore by 2014.
The privately-held company initially started as a real estate developer and diversified into… Continue reading
Jaypee Group pulls out of Ganga Expressway project
NOIDA: In a major setback to the Maya government and commuters , the Jaypee group has reportedly pulled out of the 1,047km-long Ganga Expressway project after withdrawing the Rs 1,000 crore bank guarantee. Sources in the developer group said that… Continue reading
Oberoi Group partners with Reliance
TheOberoi Group is headed towards a strategic partnership with MukeshAmbani-led Reliance Group for developing hotels and real estateproperty complexes in Bangalore and Goa. The hotel and leisuregroup’s patriarch, P R S Oberoi, said at a press conferenceafter the 61st AGM… Continue reading