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Mondon buys 50 pc mall stake worth Rs 2,493 million

Mondon Investment Ltd, the Indian subsidiary of Israel-based real estate investor Fishman Holdings, has acquired 50 per cent stake of the company, which is involved in building a mall in Ludhiana.Confirming this development, a source close to Mondon Investment,...

India’s largest mall ‘Orchid Ozone’ to start operations in 2009

The recent cloud surrounding the poor to dismal performance of a majority of the malls that opened their doors over the past one year does not seem to be deterring DB Realty to give a second thought to its...

Oberoi Mall logs two million-plus footfalls in 100 days

Mumbai-based real estate developer Oberoi Construction’s first mall ‘Oberoi Mall’ recently announced the achievement of attracting over two million footfalls within 100 days of its launch in the city.According to an official press release, the footfalls were achieved from...

Parsvnath appoints independent director for retail wing

Parsvnath Retail Limited, a subsidiary of Parsvnath Developers Limited (PDL), one of India’s leading real estate companies, has appointed RJ Kamath as independent director for its retail business.“We are committed to having independent directors and a good corporate governance...

FDI in real estate to go up by US$21billion: ASSOCHAM

The Associated Chambers of Commerce and Industry of India (ASSOCHAM) has projected that foreign direct investment (FDI) in the country’s real estate market will increase by about US$21 billion to touch US$25 billion by the next 10 years.Releasing the...

Cityscape prepares for New York debut

Cityscape, the business-to-business real estate event brand created and developed in the Middle East, has added the United States to its global portfolio.The first Cityscape USA will take place in New York on September 9-12, 2008, providing an opportunity...

SRS plans to invest Rs 1,000 crore in retail

SRS Group, the company in the business of retail and real estate, has planned to invest around Rs 1,000 crore to expand its retail business.Of the proposed investment of Rs 1,000 crore, Rs 500 crore shall be invested in...

West Pioneer eyeing southern market

Mumbai-based real estate company West Pioneer has planned to develop malls in tier II cities in the South. The company has three ongoing projects in western India, one each in Kalyan, Aurangabad and NashikSharing plans with the media, Jayant...

Mani to develop two million sq. ft of retail space

Kolkata-based real estate developer Mani Group has planned to develop retail projects worth Rs 3,000 crore over the next four years across the country.Discussing plans with media at the launch of Mani Square, a shopping mall on Kolkata's Eastern...

Majid Al Futtaim targets India

Dubai-based real estate major Majid Al Futtaim is planning to enter India and is in the process of identifying a local partner for building shopping malls, residential properties and other commercial spaces.Confirming the news, Younis Al Mulla, VP, business...
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Online presence aided us more in marketing than revenue generation: Mayank Mohan of Mohanlal Sons.

Mayank Mohan, Director of Mohanlal Sons engages in a discussion with Rasul Bailay, Group Managing Editor of IMAGES Group,...
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