real estate india

OSG currently offers over 1.5 million square foot of office space in gurgaon for rent and over 2.0 million square foot of office space for sale in gurgaon.Current availability includes office unit sizes starting from 1000 square foot office space to up to 200,000 square foot in a single unit spread over multiple floors in a single A class multistory building.

Please contact us for your commercial real estate requirements using the form visit website www.zameen-zaidad.com  and we will get back to you with the most suitable options for you within 1 business day including a proposal, office photographs, sitemap, location details, floor plans and all relevant details that you want to know before investing into the property.

So all type commercial and residential flats are also available 2 BHK and 3 BHK flats are available in this town. Any further information visit website zameen-zaidad.com.

2 BHK flat in gurgaon. And 3 BHK flat in gurgaon.

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ESSAR Realty Holdings—the real estate arm of the Essar group—has won the bid for building a Rs 500-crore five-star hotel, utility centre and a multiplex at the upcoming Multimodal International Hub Airport in Nagpur.

The realty firm has also formed a joint venture with the US-based hospitality group Accor Hospitality to develop and manage the hotel project.

A few months back, the Maharashtra Airport Development Company (MADC), the nodal agency for developing the air cargo hub in Nagpur, had invited bids for the hotel cum conventional hall project. Essar Realty bid for the project through its subsidiary company Yojna Realties. G L Raheja group promoted Raheja Constructions was the immediate bidder for the project.

Essar Realty’s managing director Chirag Ramakrishna said “The MADC deal would reinforce our long-term commitment to the realty business as we continue to look at more opportunities in the realty sector.”

The five-star hotel would be developed in a 10-acre area adjacent to the National Highway VII on the Nagpur-Wardha road. The hotel would have a capacity to house 1,000 people. It would also have a service apartment to cater to the needs of executives who stay on for long tenures. MADC’s project is the second largest property deal struck by Essar Realty during the past six months. Earlier, the firm had acquired Peninsula Land’s (PLL) Kurla commercial project for close to Rs 1,200 crore.

Peninsula Land sold approximately 9 lakh sq ft of commercial space to Essar Realty Holdings at its upcoming Peninsula Tech Park project. The proposed Nagpur airport project with an investment of Rs 3,000 crore is to be completed in four years, adding a new dimension to India’s capability of handling air cargo.

Courtesy: - ET dtd: - 04^th Aug. 2008

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HDFC Property Ventures Ltd is investing $20-25 million into South India’s largest central business district (CBD) mall developed by Nitesh Estates in Bangalore. The move probably marks the $900-million HDFC Property Ventures’ foray into retail infrastructure in a rather tight-market environment, sources said.

HDFC Property Ventures will pick up around 20-25% stake in the 6-lakh sq ft Nitesh Mall, which is being designed by Seattle-based Callison. Nitesh Mall, which is the Bangalore-headquartered real estate firm’s first retail play, is estimated to be a Rs 300 crore project.

The Nitesh Mall will come up on a 5.5 acre patch located in proximity to hotel Leela Palace, off the Indiranagar 100-ft road that is considered one of Bangalore’s high street retail hubs, with most big brands operating their flagship stores there. When contacted Nitesh Estates’ director, development, LS Vaidyanathan declined to comment on the deal. HDFC Property Ventures CEO KG Krishnamurthy could not be contacted immediately.

The development comes at a time when private equity funds are believed to be staying away from real estate/retail investments on account of the weakening consumer sentiments and an economic slowdown. HDFC Property Ventures is Nitesh Estates’ third PE partner. Last year, the firm attracted investments from New-York based Och Ziff Capital and Citigroup Property Investors, with the latter co-developing the Ritz-Carlton hotel in Bangalore with Nitesh.

Nitesh Estates had earlier announced that it has identified property in southern cities of Chennai, Thiruvananthapuram and Kochi for similar retails initiatives. Construction of the mall in Bangalore is expected to be completed by the end of 2009 with the project planned for luxury brands apart from a large format retailer as the anchor client.

                                                                             Courtesy: ET dtd 04-08-08 

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