Emaar Purchases 1.36Percent Additional In Indian JV For Rupees 922 crore
MUMBAI: The Dubai based Emaar group has purchased another 1.36% in its Indian joint venture Emaar MGF Land for Rs 922 crore, ahead of the initial public offer, which is considered to open on February...
View ArticleEmaar MGF Land postpones IPO
Emaar MGF Land, a JV between one of the world`s foremost real estate companies, Emaar Properties PJSC of Dubai, and MGF Development of India, has withdrawn and postponed its initial public issue to an...
View ArticleIsrael firms in Joint venture for realty project
Property and Building Corporation (PBC) and Electra Real Estate, both Israel based firms, today pronounced plans of developing Rs 4,000-crore real estate projects in Hyderabad, Chennai and Mysore...
View ArticleRIL Vornado Joint Venture
Reliance Industries is in advanced discussion with the New York-based Vornado Realty Trust. It is one of the world’s top five real estate asset managers. Main aim of this discussion is to float a...
View ArticleIndia approves ONGC Videsh Venezuela jv, Qatar investment
LONDON – The Indian government formally approved ONGC Videsh Ltd’s (OVL) 102.21 mn USD investment in a Qatar-based project and also its formation of a joint venture with CVP/Petroleos De Venezuela SA...
View ArticleK Raheja enter in logistics business
MUMBAI: K Raheja Corp, a top real estate company, has entered into a fifty fifty joint venture with Colorado-based ProLogis, a leading owner, manager and developer of distribution facilities globally....
View ArticleToyota To Invest $350 MN For 2nd Plant In India
Japanese auto major Toyota Motor Corp will invest USD 350 million (about Rs 1,400 crore) for setting up a second plant in India as part of its plans to introduce a ‘strategic’ small car in the country...
View ArticleMarks And Spencer Confirms Joint Venture With Reliance Retail
Marks & Spencer is to enter into a joint venture aimed at establishing itself as a major retail brand in India. The JV is with Reliance Retail, part of the Reliance Industries Group. Marks &...
View ArticleDLF Setting Up JV Company With Italian Major Piquadro
Real estate developer DLF is learnt to be setting up a joint venture company with Italian leather and luggage accessory major Piquadro to hawk its products in India. This is part of the real estate...
View ArticleRakindo Plan To Set Up $250-m Arm May Get Okay
Chennai-based real estate developer Rakindo Developers’ proposal to set up a wholly owned subsidiary with $250-million FDI from Dubai-based Rakeen Development is expected to get Cabinet clearance on...
View ArticlePlaza Centers Signed JV Israel-based Elbit Imaging
Emerging markets property developer Plaza Centers NV said it has signed a joint venture contract with Israel-based Elbit Imaging for developing three projects in India. The three projects are in the...
View ArticleUnitech plans sale of assets to raise funds
In a bid to tide over the current financial crisis, Unitech, the second largest real estate developer in the country, is planning to raise money by selling some of its assets, such as hotels and...
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RJ Corp – GMR JV
Ravi Jaipuria-owned Devyani International has inked a 60:40 JV with GMR to set up multiple food retail outlets at the Delhi International Airport. The details of the JV are still being worked out. The...
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Cement Players Diversing Towards Realty.
Photo by masckThe Braj Binani Group with a history of138 successful years is a well-diversified industrial house working actively in the core sectors of Cement, Zinc, Glass Fibre and Downstream...
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