DLF has bagged the country’s largest land deal so far for Rs 1,750 crore, barely two days after it emerged as the sole bidder for the 350.7 acres of prime real estate in Gurgaon. This is also seen as a sign of revival of real estate in the country. The land was originally tendered in [...]
Continue reading...Thursday, August 13, 2009
DLF and Unitech, the country’s top two real estate firms, are understood to have bid for a 350-acre plot in Gurgaon with a reserve price of about Rs 1,700 crore. According to sources, DLF and Unitech today bid for the land meant for setting up recreation and leisure project, comprising commercial, residential and sports complexes.The [...]
Continue reading...Tuesday, August 11, 2009
GOVT CONSIDERS stepping in to acquire land for contiguity THE COMPANY ALSO PLANS TO HAVE 16 STANDALONE POCKETS TOTALING 1,056 ACRES WHICH CAN BE DEVELOPED AS SEPARATE SEZS/LOW COST HOUSING UNDER PHASE C Having been told by Haryana to consider developing a series of Special Economic Zones (SEZs) instead of the originally conceived two of 12,500 [...]
Continue reading...Monday, July 27, 2009
HARYANA AGREES to get clearances for 253 acres, invites fresh bids The effects of the economic downturn seem to have caught up with Haryana’s ambitious Recreation and Leisure Project, proposed to come up on 350 acres of prime land in Gurgaon. The once unyielding state agencies shepherding the project have now agreed to relax the terms and [...]
Continue reading...Tuesday, June 30, 2009
WORRIED ABOUT the slow progress of the proposed special economic zones (SEZs) to be set up by Reliance Haryana SEZ Ltd in Gurgaon and Jhajjar districts, the Haryana government has asked the company to think in terms of setting up a series of SEZs rather than remaining stuck with the originally conceived framework of two [...]
Continue reading...Monday, June 29, 2009
SPV cites economic downturn to seek additional time for bringing out the public issue THE INITIAL public offering (IPO) of the Reliance Haryana SEZ Ltd, the special purpose vehicle (SPV) created for setting up multi product mega special economic zones (SEZs) in Haryana,has been deferred. The postponement was approved at the meeting of board of directors of [...]
Continue reading...Friday, June 26, 2009
THE HARYANA State Industrial and Infrastructure Development Corporation Ltd (HSIIDC) has given its nod for development of integrated housing complexes for the industrial workers at IMT Rohtak,IMT Faridabad,Kundli, Rai and Barhi The HSIIDC Board of Directors gave the go ahead to the scheme to be funded under Economic Stimulus Package announced by the state government in [...]
Continue reading...Monday, April 6, 2009
Writes to Haryana seeking intervention on gas availability MUKESH AMBANI’S Reliance Industries Limited (RIL), which is setting up joint venture Special Economic Zones (SEZs) in Gurgaon and Jhajjar, has hit an obstacle. Uncertainty has enveloped the proposed 2,100-MW gas-based captive generation [...]
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Friday, August 21, 2009
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