private-limited

Gokul Group Forays into Real Estate: Plans to Invest Rs 650cr in Residential Project at Ahmedabad

by Paul Joseph May 7, 2011

Gokul Group, an Ahmedabad-based conglomerate with interest in edible oil refining and power generation, has forayed into a realty sector by launching its maiden residential land project called ‘Swa’ in Ahmedabad. Apart from the a staggering Rs 500 crore for land acquisition, the company has invested around Rs 150 crore in developing the project thereby taking the total investment to around Rs 650 crore. Gokul Group is developing this project in collaboration with real estate players like Sarthav Infrastructure Private Limited and Pyramid Associates. The residential land project is spread over 60 acres near Chandkheda in Ahmedabad and it will house as many as 190 plots. It will also have a business centre with a helipad facility, a 50 feet waterfall, primary clinic, a café, a clubhouse, hypermarket, 20 feet of framed avenues lining the township, one kilometre jogging track that are part of the project. Bookings for the plots will begin on the May 8. “A secular shrine, a helipad alongwith a are a hypermarket some of the unique features that we are offering with this residential scheme in the state. The project has been developed as a green open space with a 50, 000 sq yards of green cover surrounding it,” said Bipin Shah, director, Pyramid Associates. Gurjit Singh Matharoo, principal architect of the project, Matharoo associates said, “The residential expanse is built in such a way that it will be like a green space in Ahmedabad. We have built the entire township around an existing green cover.”

Tagged as: ahmedabad-based, associates-said, business-centre, framed-avenues, gurjit-singh, private-limited, project, property prices, real estate developers, real estate india, real estate trends, residential, unique

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Gokul Group Forays into Real Estate: Plans to Invest Rs 650cr in Residential Project at Ahmedabad

by Paul Joseph May 7, 2011

Gokul Group, an Ahmedabad-based conglomerate with interest in edible oil refining and power generation, has forayed into a realty sector by launching its maiden residential land project called ‘Swa’ in Ahmedabad. Apart from the a staggering Rs 500 crore for land acquisition, the company has invested around Rs 150 crore in developing the project thereby taking the total investment to around Rs 650 crore. Gokul Group is developing this project in collaboration with real estate players like Sarthav Infrastructure Private Limited and Pyramid Associates. The residential land project is spread over 60 acres near Chandkheda in Ahmedabad and it will house as many as 190 plots. It will also have a business centre with a helipad facility, a 50 feet waterfall, primary clinic, a café, a clubhouse, hypermarket, 20 feet of framed avenues lining the township, one kilometre jogging track that are part of the project. Bookings for the plots will begin on the May 8. “A secular shrine, a helipad alongwith a are a hypermarket some of the unique features that we are offering with this residential scheme in the state. The project has been developed as a green open space with a 50, 000 sq yards of green cover surrounding it,” said Bipin Shah, director, Pyramid Associates. Gurjit Singh Matharoo, principal architect of the project, Matharoo associates said, “The residential expanse is built in such a way that it will be like a green space in Ahmedabad. We have built the entire township around an existing green cover.”

Tagged as: business-centre, framed-avenues, gokul-group, gurjit-singh, primary-clinic, private-limited, project, property prices, real estate, real estate trends, unique

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Gurgaon One Sector 84- The Epicenter of New Gurgaon

by Paul Joseph February 3, 2011

Gurgaon One Sector 84 , a premium residential project is about to be launched by renowned real estate developer Alpha G:Corp. Gurgaon One sector 84 is their second offering after Gurgaon One sector 22. Alpha G Corp Development Private Limited is one of the fastest growing professional companies in the Indian real estate industry with projects spread across the country including Ahmedabad, Amritsar, Delhi NCR, Fatehabad, Gurgaon, Goa, Kurukshetra, Karnal, Jaipur, Meerut and other cities in Gujarat, Punjab, Rajasthan and Madhya Pradesh. These developments encompass an area of more than 30 million square feet. Gurgaon One Sector 84 epitomizes the principles of design that exudes openness, maximized greens induced with sensitive landscaping and an unprejudiced approach in planning. The high-rise towers placed at appropriate distances from each other allow a visual and physical connection between the site and beyond. Seven such towers are placed along the periphery of the site with the large expanse of landscaped green within in. A landscape of approximately 6 acres becomes the soul of the project, unifying the various elements together. Two basements have been planned to create ample parking space for the residents. The design of each of the buildings is such that apartments extend out into the green like flanges though interconnected through a central core. Each apartment seems to float into the landscape enjoying a sense of individuality and freedom of space with ample sun light, ventilation and views. The Offering – 2 bedroom Unit (1181 Sq.ft) – 2 bedroom Unit with utility (1427 Sq.ft) – 3 bedroom Unit with utility (1826 Sq.ft) – 3 bedroom Unit (L) with utility (1923 Sq.ft) – 3 bedroom unit with study & utility (2087 Sq.ft) – 4 bedroom unit with utility (3194 Sq.ft) Strategic Location • 500 m from Dwarka Expressway • Walkable distance from proposed ISBT & Metro Hub • Adjacent to 3000 acres SEZ & New Gurgaon Commercial Belt

Tagged as: delhi, development, gurgaon, landscape, noida, private-limited, project, property prices, real estate, real estate developers, real estate trends

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Pune 5 Star’ rating for residential project

by Paul Joseph August 11, 2010

‘Nandan Prospera’, one of the premium residential projects being set up by Nandan Buildcon Pvt. Ltd at Baner, has become one of the first projects in the city to have received the ‘Pune 5 Star’ Crisil Rating, after Crisil launched city-specific ratings for real estate projects to ensure quality, transparency and timely completion. Shamkant Kotkar, Chairman and Managing Director, Nandan Buildcon Private Limited received the Certificate of ‘Pune 5 Star’ Crisil Rating from Ramraj Pai, Director, Crisil Limited at ‘Crisil House’, Powai – Mumbai recentlym, said a press note. These star ratings indicate the quality of the real estate project in the city, as per the agreed specifications. The quality is assessed on various parameters including construction, clarity of title and timeliness. Source:http://www.indianexpress.com/news/-Pune-5-Star–rating-for-residential-project/658915 Filed under: Builders/ Developers , Hotels/ resorts , Pune Tagged: Baner , Nandan Prospera , pune , real estate , Residential Project

Tagged as: city-trends, private-limited, project, real estate

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Find out the Residential Properties of Delhi to Own Your Dream House— Visit Indrealty.in

by Paul Joseph August 5, 2010

Delhi, a cosmopolitan city gives shelter to millions of people hailing from almost all parts of the country. Off late, it has become a second home to even the expatriates who are drawn to India for its charm or for professional reasons. New Delhi, India — The demand for residential properties has been going up in huge numbers. It is not like yesterday when all that a prospective buyer needed in his home was the four bare and plain walls to shelter him, water to quench his thirst and electricity to keep away darkness. Today, anybody looking to purchase a residential property not only wants the basic amenities but is also wishful of comfort and style, and that too at an affordable price. Are you planning to purchase your own house or an apartment but can’t make up your mind as to where it should be? Take no more tension and visit Indrealty.in to find out details about the major residential areas of Delhi. The portal gives details about the zonal division of Delhi by DDA. The article entitled “Residential properties of Delhi” mentions the prime residential areas, which helps the buyer to search for a residential property in the right area. It saves you from investing your property in a non-registered area, robbing you of your money and your dream to own a house. Along with naming the predominant residential areas the article also gives a sneak preview of few residential areas as to why they are most sought after and what kind of accommodation they provide. With the changing trends, the expectations of the buyers have also witnessed a rise in their desires of owning a home with top-class facilities which add to their comfort. The article names few of the amenities which a buyer expects in a residential property. Indrealty.in also does justice to its social responsibility by highlighting the facts which need to be borne in mind by the civic authorities while building residential properties. Come and visit Indrealty.in to make it easier for you to build your dream house in an authorized residential area. Remember, it’s not just the house that matters; the address on your house plate matters equally!! About Inner Circle Projects Private Limited ICPPL is a Real Estate Service Company focused on providing real estate support and service on a Pan India basis. ICPPL supports clients with identification of good properties for investment and self use, support in providing or locating finance, insurance, legal paperwork and all connected processes of the purchase. ICPPL is promoted by Real Estate, Legal and Engineering professionals ensuring a high level of standard and services for the client. Source:http://www.sbwire.com/press-releases/sbwire-52437.htm Filed under: Builders/ Developers Tagged: Real Estate Portal

Tagged as: builders/ developers, client, country, house, india, legal, private-limited

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Emaar Palm Hills Gurgaon

by Paul Joseph June 23, 2010

Emaar MGF Palm Hills— Besides the buildings and expansions of realties in housing, commercial, hospitality and retail sections, Emaar MGF developers have too projected into education, healthcare and infrastructure improvement turfs in India. The company is also modeling the design of carrying out Emaar MGF IPO (Initial Public Offering) quickly as lately they undergone firm searches by Income Tax Department India. Emaar MGF Land Private Limited is a business between Emaar Properties PJSC Dubai – the globe’s driving property company and MGF Development Limited, India’s leading property builder. A partnership that has fetched in the major FDI in India’s property break and unfastened up the prospects of tomorrow, Emaar MGF is occupied in Pan-India plans in commercial, residential, infrastructure and hospitality zones in incorporated key plans and Special Economic Zones. Emaar emerald floors premire- Welcome to Emerald Floors Premier, fashionable self-governing low-increase comfort residences at Emerald Hills. Marking the peak design standards and top facilities at gorgeous price points, each of the self-governing residences is planned to offer investors for the consideration of living in a cottage and also a surroundings to develop and increase in a flourishing group of people. Stride into your abode and knowledge a vast intellect of break. Take pleasure in the mood of comfort, superiority and workmanship, in fact a lifestyle different any other, in the expected region sector 65 in gurgaon. Emaar palm hills- In zone 77, Emaar drowning a stimulating innovative appear at current living. Emaar Palm Hills Gurgaon, by way of welcoming green breaks, refreshing clean air and daylight, and up to date devise notions that balance your sensibilities. Emaar MGF plan Palm Hills located in Gurgaon at zone – 77. Palm Hills is a gated population in just about 29 acres, through middle increase buildings with two apartments per floor, encompassing of 3 / 4 Bedroom apartments marking the maximum planed standards and superiority services at gorgeous price.

Tagged as: development, dubai, initial-public, private-limited

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Gurgaon plans to get high

by Paul Joseph May 21, 2010

As the height restriction on the construction of hi-rise buildings gets deregulated in Delhi and other NCR towns including Gurgaon, a number of developers as well as HUDA have planned 150-180-metre-high skyscrapers in the Haryana city. The first real estate firm to announce its plans is Ireo, which claims to have got necessary height clearances from various agencies to construct a 180-meter high residential tower with 51 floors in Gurgaon. The tallest residential hi-rise building in the city measures about 90 meters and has 25 floors. Ireo claims its proposed high-rise will be the tallest residential tower in northern India. In Mumbai, a number of buildings already exist in the range of 144-249 metres. Other developers who are to announce their ‘hyper hi-rise’ plans include MGF, DLF and Raheja Group. Raheja Group claims to have received permission to construct a 170-m tall, 50-floor-high residential cum commercial tower in Central Delhi from agencies such as Airport Authority of India (AAI). HUDA also has plans to construct its own iconic office building HUDA City Center in Sector 29, which is proposed to be 150 meter high. Before August 2008, the maximum permissible height limit in Gurgaon was 90 meters only. If Haryana has lifted height restriction for the residential and commercial buildings to be planned in new sectors earmarked in Gurgaon Master Plan 2021 in August 2008, Delhi has been a step ahead. “We will have three hi-rise towers in Ireo Victory Valley in Sector 67, 180-m tall and with 51 floors. These will be the tallest towers of North India,” said Varun Khana, the director of Ireo Management Private Limited told HT. Khanna said that his company had tied up with a “top-notch global company,” the identity of which he refused to disclose. Navin Raheja, the CMD of Raheja Group said that his company too had grabbed height clearance permission from AAI for its forthcoming residential cum commercial tower (170 meters) in Central Delhi. Raheja said, “It would have helipads and party lawns for the occupants. A USA-based top firm has designed the project.” Source:http://www.hindustantimes.com/Gurgaon-plans-to-get-high/Article1-543362.aspx Filed under: Builders/ Developers , New projects Tagged: Gurgaon , New projects

Tagged as: airport, builders/ developers, city, director, gurgaon, india, management, new-projects, north, private-limited, project, usa

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Bata Reconsiders Real Estate Plans to Avoid Risk Factor

by Paul Joseph May 6, 2010

Bata India, which firmed up a joint venture with Calcutta Metropolitan Group in 2005, to create an integrated township on Bata land in south 24-Parganas, has reworked the agreement to derisk its business. A Bata India release said under the new agreement arrived at last week; it will receive Rs 100 crore upfront in cash for future transfer of shares in the JV company, Riverbank Developers (RDPL), and variation of the development rights. In addition, the company will also receive 640,000 sq ft of constructed space free of cost in the project over a defined period of time. Bata India still retains the legal title over the 230-odd acres land at Batanagar where the project is coming up and shares in RDPL. While retaining the legal title over the land at Batanagar Project and shares in the Joint Venture company, Riverbank Developers Private Limited (RDPL). The release said to ensure an efficient implementation and subsequent management of the township development, BIL has decided to concentrate on its core business. “BIL has restructured its existing agreements to ensure that not only does the development of the project proceed with due urgency, in the process BIL also manages to derisk itself by focusing on its core business of manufacturing and selling footwear and accessories,” the release added.

Tagged as: agreement, india, private-limited, real estate developers, real estate india, township

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Bata India reworks real estate plans

by Paul Joseph May 5, 2010

Bata India, which firmed up a joint venture with Calcutta Metropolitan Group in 2005, to create an integrated township on Bata land in south 24-Parganas, has reworked the agreement to derisk its business. A Bata India release said under the new agreement arrived at last week, it will receive Rs 100 crore upfront in cash for future transfer of shares in the JV company, Riverbank Developers (RDPL), and variation of the development rights. In addition, the company will also receive 640,000 sq ft of constructed space free of cost in the project over a defined period of time. Bata India still retains the legal title over the 230-odd acres land at Batanagar where the project is coming up and shares in RDPL. While retaining the legal title over the land at Batanagar Project and shares in the Joint Venture company, Riverbank Developers Private Limited (RDPL). The release said to ensure an efficient implementation and subsequent management of the township development, BIL has decided to concentrate on its core business. “BIL has restructured its existing agreements to ensure that not only does the development of the project proceed with due urgency, in the process BIL also manages to derisk itself by focusing on its core business of manufacturing and selling footwear and accessories,” the release added.

Tagged as: agreement, delhi, development, india, joint-venture, legal, private-limited, project, real estate companies, the-development, township

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Mumbai Based Real Estate Company DB Realty Ropes in Anchor Investors for Rs270crore

by Paul Joseph January 28, 2010

Mumbai-based real estate company DB Realty Limited, has received bids for Rs. 270 crore towards the Anchor Investor Portion of its IPO which opened today. The anchor investors to whom equity shares have been allocated pursuant to the Offer include Janus, India Capital Fund, Pru ICICI Life, Reliance Capital and India Equity Growth Fund. Janus being a US-based fund has invested in a realty company for the first time. DB realty entered the capital markets on with its IPO of equity shares of Rs 10 each (the “IPO”) at a price band of Rs 468-Rs 486. The IPO will close on February 02, 2010. D B Realty Limited targets to raise up to Rs 1,500 crores through the issue. The IPO also marks the equity dilution of at least 10%, the minimum required to list the company. Jointly promoted by Mr. Shahid Balwa and Mr. Vinod Goenka whose families have been in the real estate and related businesses for more than 95 years and 25 years respectively. Enam Securities Private Limited and Kotak Mahindra Capital Company Private Limited are the book running lead managers to the issue. DB Realty focuses on residential, commercial, retail and other projects, such as mass housing and cluster redevelopment, in and around Mumbai.

Tagged as: book, capital, private-limited, projects, real estate, realty

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