L & T bags overseas orders worth $ 88.90 Crore

Indian Engineering major  L&T (Larsen & Toubro) has bagged orders worth $88.90 Crore in the hydrocarbon sector from the UAE and Thailand. Two orders cumulatively worth $63.90 Crore are from the UAE. One is from the Abu Dhabi Gas Industries for its Habshan-Ruwais-Shu…
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GVK Infra Q1 net up 76% to Rs 59 crore

The Hyderabad based infrastructure developer GVKPIL (GVK Power & Infrastructure)  has posted  about 76% up in net profit for the June quarter at Rs 60 crore as against Rs 33 crore in the same period last year. Net sales for the period stood at Rs 632 crore, a 27% rise o…
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Oriental Hotels to open 180 room Coimbatore

Oriental Hotels to open 180 room Coimbatore
Chennai-based hospitality firm, Oriental Hotels Ltd,  which the Taj group owns about  34%  equity, is planning to open a 180 room Vivanta by Taj hotel in Coimbatore. The construction of the Vivanta by Taj is expected to start during October-November 2011. Now, Oriental Hot…
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Indian Hotels add 8 more hotels across the globe - Ratan Tata.

Indian Hotels  add  8 more hotels across the globe - Ratan Tata.
IHCL (Indian Hotels Company Ltd ) plans to add 8 more hotels across the globe by 2014, according to d its Chairman, Mr. Ratan Tata. IHCL runs the Taj brand in the luxury  5 star hotel, the Vivanta brand in the 4 star hotel, Gateway Hotels in the 3 star hotel and Ginger in t…
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Government finalises draft of Bill on Indian land acquisition

Government finalises draft of Bill on Indian land acquisition
The central government has firmed up the draft of a new Land Acquisition Bill which makes consent of 80% of land owners mandatory before purchase of land. The new draft Land Acquisition Bill, which is expected to be unveiled in the next few days, includes recommendations o…
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Sobha Group to develop township in Dwarka South West Delhi

Sobha Group to develop township in Dwarka South West Delhi
Sobha Group will be developing a township project in Delhi. It will come up over 150 acres in Dwarka South West Delhi. The phase - 1 of this project will be spread over 35 acres, with 35  lakh sq. ft. of development. Mr. Jagadish Nangineni, Regional Head, (NCR) Sobha Group,…
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NRI Ravi Pillai to invest Rs 1,000 crore in India

The R.P Group of NRI businessman, Mr. Ravi Pillai, is planning to make investments about  Rs 1,000 crore in the hospitality sector in various parts of India in the current  2011-12 financial year. Mr. Ravi Pillai, Chairman, R.PGroup, said, ''The  Kerala would be one…
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South Chennai - Flats Rate

South Chennai -  Flats Rate
South Chennai -  Flats Rate (Per Square Feet in RS)  Nandanam                    8900- 9050 Teynampet                    8950- 9000 T.Nagar                        7900-8000 Guindy                         7500- 8000 Ashok Nagar               7400- 7500 Ekkadhuthangal        …
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Emerging North Chennai: Emaar MGF's new project Esplanade in Tondiarpet

Emerging North Chennai: Emaar MGF's new  project Esplanade in Tondiarpet
Flats priced much lower than comparable ones in South Chennai and increasing infrastructural development in the region like  the Metro Rail Project are factors encouraging people from outside North Chennai to buy into projects as investments. Now a days majority of builders…
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Yuga Homes launches project in OMR, Thaiyur Chennai

Yuga Homes Ltd, announced the launch of its residential project Alta Vida in Old Mahabalipuram Road (OMR) Chennai. The Alta Vida project combines modern apartments with landscaping and open spaces.It is in Thaiyur, opposite SSN Engineering College . On five acres of land, …
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