Peninsula Land Ltd, the Ashok Piramal-backed real estate company, is diversifying into integrated townships and information technology parks in Pune, Nashik and Hyderabad. It also plans to enter Ahmedabad, Chennai, Mysore, Bangalore and Coimbatore by next year. Peninsula is developing five projects, which includes one residential and one township project in Nashik, and integrated townships [...]

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Spencer Retail unveils investment plan worth Rs 1500 crore. Spencer’s Retail, part of the diversified RPG group, will invest Rs 1,500 crore across different formats in the next 12 months to open additional 250 stores Presently, the company operates 400 stores across 65 cities in India under different formats like Super market, Hyper market, Express [...]

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Real estate developers fear 30% to 50% increase in prices as well as demand for property in Mumbai, Pune, Nasik, Chennai and Bangalore, compared with the ongoing steady demand and prices in Delhi and the NCR region from March 2008 onwards. According to industry experts, with Indiabulls (14 lakh sq ft of commercial and retail) [...]

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South India has outscored the northern part of the country in terms of emergence of new growth centres in the fast-growing real estate sector with Thiruvananthapuram and Mangalore being named as the top two tier-III cities by global realty consultant Knight Frank. The two coastal towns are followed by Nashik in Maharashtra at the third [...]

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CHANDIGARH: The upcoming tier-II cities across the country would still remain the best bet for real estate investors, according to Jones Lang LaSalle Meghraj. The real estate consulting company that recently announced an investment of more than $1 billion in the Indian property market says cities such as Chandigarh, Guwahati, Nashik, Indore, Dehradun, Vadodara and [...]

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Reliance fresh debuts in Mahrashtra with 4 stores in Pune. Reliance Fresh will be going to 18 cities in the state with a network of 125 stores, which will become operational in the next six months, said Guninder Kapur, CEO, Reliance Retail said. The 4 outlets approximately occupy 19000 Square Feet. In the First phase [...]

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Anand Jain-promoted Urban Infrastructure Opportunity Fund (UIOF) has concluded 13 real estate deals with an investment of Rs 1,102 crore during the past few months. UIOF, backed by Reliance Industries (RIL) among others, has picked up equity varying from 10% to 50% in projects across India. UIOF had raised Rs 2,221 crore from a clutch [...]

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Mahindra and Mahindra are in lead to ink the industrial growth story at Nashik. The Joint Venture with Renault is doing very well and they are scheduled the launch of the Logan soon. There are Major expansions in their manufacturing facility all across Nashik. At the pace Mahindra and Mahindra is Acquiring land in the [...]

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What is in for Nashikites? Nashik Pune train in new list of trains Internet Booking prices slashed 20% reduction in Super Fast Fare so a very nominal Fare reduction in Panchvati Train AC Fares Reduced Some new amenities announced for Older People and women Check entire Highlights http://www.rediff.com/money/2007/feb/26bud6.htm Tags: Real Estate

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Cities like Nagpur, Nasik, Ludhiana and Punjab, land prices and built-up area prices are highly disproportionate. Built-up area prices of residential property is lower than the land prices. Land prices in these areas are on a continuous rise. This Created a very good opportunity to invest in real estate in places like Nashik. With new [...]

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