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Delhi office on block
India’s second-largest property firm Unitech has put on the block its 2-lakh sq ft office at upmarket Saket in New Delhi.
Both Unitech and HDFC admitted the property was on the block, but refused to confirm the deal. “I cannot confirm till we sign a deal,” Unitech chairman Ramesh Chandra said.
HDFC joint MD Renu Sud Karnad […]
Haneda Rajathi to develop hotels
Haneda Rajathi, a joint venture company promoted by the Chennai-based Rajathi Group and the Malaysia-based Haneda Trading Construction Sdn Bhd, plans to enter the hotel industry. The company will develop 15 new hotels across Tamil Nadu, with an outlay of Rs. 500 crore. These new hotels would either come under the budget or three-star category […]
Realty major to restructure group companies
Era Group that specialises in real estate, power and construction equipment major is restructuring group companies. The group has five companies ? Era Infra Engineering, Era E-Zone, Era Landmarks, Era Power and Era Building Systems. Of these, the first two are listed entities. H S Bharana, chairman and managing director said that the group is […]