KOLKATA: mjunction Services Ltd, an equal e-commerce joint venture between Tata Steel and Steel Authority of India ( SAIL) plans to acquire a 9 acre plot in Kolkata where Nokia Siemens Networks (NSN) runs a loss-making landline gear manufacturing unit….
Archive for the ‘Kolkata’ Category
mjunction eyes Nokia Siemens land in Kolkata to build IT campus
Posted by propertyagentsindia on May 14th, 2012
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Bengal urban land policy seeks 30% reservation for low-cost housing
Posted by propertyagentsindia on April 21st, 2012
The promise of Ma, Mati, Manush governance by Mamata Banerjee may fall short of the second M-word, meaning land — at least for real estate developers in the state’s capital city. For, the West Bengal government has now decided to bring in an amendm…
Unity Infraprojects: Realty projects and roads focus to help build-up.
Posted by propertyagentsindia on April 16th, 2012
Healthy order book, strong balance sheet and the potential to unlock value from real estate projects make Unity Infraprojects a decent investment idea on a medium-term basis. Mumbai-based Unity Infraprojects is a small-sized construction firm operating in buildings, water and roads segments. The company is also developing real estate on its land parcels in Nagpur, Bangalore, Pune, Kolkata [...]
Bengal Land Reforms (Amendment) Bill 2012 passed
Posted by propertyagentsindia on April 3rd, 2012
Kolkata: A bill facilitating relaxation of urban land ceiling laws in setting up industry in West Bengal was today passed in the state assembly by 252-46 votes despite Opposition by Left Front members. In the absence of Chief Minister Mamata Banerjee, …
Kolkata Port Trust may monetise 100 acres of its land
Posted by propertyagentsindia on March 14th, 2012
NEW DELHI: The Kolkata Port Trust, which owns more than 10,000 acres of prime property in and around Kolkata, may just succeed in monetising some 100 acres of its land through commercial use. West Bengal chief minister Mamata Banerjee has sought union …
Kolkata realty goes up but policy uncertainty affect projects
Posted by propertyagentsindia on March 12th, 2012
There is no doubt that the property prices in almost all the micro market of eastern city is going northwards, yet uncertainty looms large over Kolkata realty. There have been less transaction and even lesser new launches in the city, even when the sta…
Meinhardt to invest 100 cr in 2012
Posted by propertyagentsindia on January 30th, 2012
Global engineering, infrastructure and project management consultancy firm, Meinhardt plans to invest over Rs 100 crore this year to increase its footprint in India. Meinhardt will be increasing its presence in Kolkata, Mumbai and in a Southern city wi…
Videocon arm to withdraw IT/ITeS SEZ project in Bengal
Posted by propertyagentsindia on January 17th, 2012
A Videocon group firm has approached the Centre to withdraw its IT/ITES SEZ project at Jalpaiguri due to “latest business outlook” in the northern region of West Bengal. ”…Now, the developer has requested for withdrawl of formal approval st…
Private equity funds like Kotak Realty Fund, Redfort Capital and IL&FS plan to exit large township projects
Posted by propertyagentsindia on January 17th, 2012
BANGALORE/KOLKATA: Private equity funds are trying to exit their investments in large integrated township developments where the projects have been stuck for lack of demand or clarity on approvals. PE funds like Kotak Realty Fund, Redfort Capital and I…
Case filed against MIMEC for alleged real estate fraud
Posted by propertyagentsindia on January 13th, 2012
Case filed against MIMEC for alleged real estate fraud KOLKATA, JAN 12: Five individuals, who had booked residential properties on the outskirts of Hyderabad, have moved a city court for an alleged fraud against MIMEC India Ltd. According to MIMEC̵…
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