News of Realty | Real Estate | Real Estate Investments in Gujarat

Experts Say, “#GujaratExodus may hit the new investments …”

AHMEDABAD | VADODARA | SURAT | RAJKOT – #GujaratExodus, process of workers from Bihar and Uttar Pradesh travelling back to their home, may trigger a situation, which may hit the new investments, especially when the Vibrant Gujarat 2019, Global Investors Summit is around, industry experts from across the state fear the phenomena. Industries which may

To foray in infra space, Ajmera Realty acquires Anirdesh Developers

MUMBAI | RAJKOT – With an intent to foray in infrastructure space and acquire infra projects through a subsidiary, Ajmera Realty & Infra India Ltd acquired Anirdesh Developers LLP, the company today said in mandatory regulatory filing submitted to the Stock Exchanges in India. Ajmera Realty has acquired 85% stake of Anirdesh Developers LLP through

Tree House Education to sell its Vadodara property to pay HDFC loan

MUMBAI | AHMEDABAD | RAJKOT – Mumbai headquartered Tree House Education & Accessories Ltd will sell its Vadodara property to pay loan debts of HDFC Bank Ltd, the company said in a regulatory filing submitted to the exchanges in India on Thursday – August 16, 2018. The company has entered into an “Agreement to Sell”

Cera Sanitaryware acquires 26% stake in Morbi’s Milo Tile LLP

KADI (KALOL) | AHMEDABAD | MUMBAI | RAJKOT – With an intent to get quality products for the tile segments, Cera Sanitaryware Ltd has acquired 26% stake in Morbi’s based ceramic tile manufacturing unit – Milo Tiles LLP, the company said in a regulatory filing submitted to the Exchanges in India on Thursday. Significant terms

PSP Projects bags new construction orders worth 1.74 billion rupees

AHMEDABAD | MUMBAI | RAJKOT – In a regulatory filing submitted to the exchanges in India, Ahmedabad headquartered PSP Projects Ltd said of having received new construction orders for industrial and residential projects from several corporate clientele pegged at 1.74 billion (~174.33 crore) rupees. “Our company is in receipt of work orders (fresh orders & extension

Phoenix shakes hand with Ahmedabad based realtor, will buy land, construct mall in Ahmedabad

MUMBAI | AHMEDABAD | RAJKOT – The Phoenix Mills Ltd enters into 50:50 joint venture with Ahmedabad based BSafal group to buy land and construct mall, Phoenix will invest 2.3 billion rupees into the joint-venture company, the company said in regulatory filing submitted to exchanges in India on Saturday. The joint-venture company has proposed to

Nila Infra bags 538.4-million-rupee construction project from Adani Group

AHMEDABAD | MUMBAI | RAJKOT – In a regulatory filing submitted today to the Exchanges in India, Ahmedabad headquartered Nila Infra said of having bagged 538.4-million-rupee construction order from Adani Group’s real-estate project Shantigram, which is to be completed in 18 months timespan. Nila Infrastructures Ltd has today received an additional order pertaining to EPC

Apollo Hospitals enters Lucknow, pays 910 million rupees, to acquires 50% stake in 330 bed super-speciality hospital project

LUCKNOW | CHENNAI | MUMBAI | RAJKOT – Apollo Hospital Enterprise Ltd India’s first multi-speciality chain of hospitals today announced that the company has acquired a 50% stake paying 910 million (~91 crore) rupees, in Medics International Lifesciences Ltd., a 330 bedded super-speciality hospital in Lucknow. The Apollo Medics Super Speciality Hospital would strengthen Apollo

FRESH PIX & VIDEOS | Fire at Ghadi Detergent’s Kuranga (DWARKA) plant controlled after 3hrs, no casualty, reason for fire yet unknown!

KARUNGA | DWARKA | RAJKOT – Major fire incident reported at Ghadi Detergent’s Kuranga plant located near Dwarka in Devbhoomi Dwarka Khambhalia District has been controlled, company officials told DATELINE GUJARAT. Local journalist from Surajkaradi Mithapur – Budhabha Bhati first reported the incident of fire at Ghadi Detergent’s plant to DATELINE GUJARAT. No casualties have

Ganesh Housing to raise 467.39 million rupees via stake sale from a subsidiary

AHMEDABAD | MUMBAI | RAJKOT – Ahmedabad headquartered Ganesh Housing Corporation Ltd aims to raise approximately 467.39 million (~46 crore 73 lakhs 87 thousand 9 hundred ~ 46,73,87,900/-) Indian Rupees by selling 10,000 shares held by the company of its wholly-owned subsidiary Maheshwari (Thaltej) Complex Pvt Ltd, the company said in filing submitted to the

Ajmera Realty acquires 5.5 acres of land at Electronic City-2 in Bengaluru

MUMBAI | RAJKOT – Mumbai headquartered and Ajmera family owned Ajmera Realty & Infra India Ltd has informed the stock exchanges in India today, for having acquired 5.5 acres of land at Electronic City-2 – Bengaluru (Karnataka), development of which is expected to generate 3 billion (~300 crore) Indian rupees. The company has acquired Bengaluru

Ajmera Realty to develop 2nd Realty project in Bengaluru (Karnataka)

MUMBAI | RAJKOT – Ajmera family owned and Mumbai headquartered Ajmera Realty & Infra India Ltd has entered into Joint Development at Bengaluru with an intent to develop 11 acres of land expected to generate 3.5 billion (~350 crore Indian rupees) revenue, the company filing submitted today to the Stock Exchanges in India said. Company

STOCK RADAR : Kolte Patil, Century Textiles, D-Link looks bullish technically

MUMBAI | AHMEDABAD | RAJKOT – Indian indices and equity markets are trading in bull-mode and sound bullish, fundamentally and technically. However technicals are sounding good for Kolte Patil Developers, Adani Ports, Century Textiles. A note of cuation and warning comes for Karnataka Bank shares ‘EXIT‘ if the stock cracks below 110 rupee levels, Ahmedabad

Gruh Finance Q3 profits up 19% YoY at 973.50 mn INR

AHMEDABAD | MUMBAI | RAJKOT – Uptick in topline for quarter ended on December 31 has pumped the bottomline of  Gruh Finance Ltd – subsidiary company of HDFC Ltd, net sales of the company grew 18% year-on-year (YoY) at 3.81 billion rupees from 3.24 billion rupees, resulting 19% growth in net profit of the company

Eight Edition of Vibrant Gujarat, Global Investors Summit – 2017 hits 25,578 MoUs, for undisclosed amount

Camp : MAHATMA MANDIR (GANDHINAGAR) – In Eight Edition of Vibrant Gujarat, Global Investors Summit 2017 over three days sessions, 25,578 Memorandums (Memorandum of Understanding – popularly termed as MoU) were inked, Deputy Chief Minister Nitin Patel announced the figure without disclosing the final amount attracted for investment in state of Gujarat vide 25,578 inked