Real Estate

Uppal Group inks pact with JW Marriott; plans to launch IPO by next fiscal

Uppal Group inks pact with JW Marriott

Ansal Properties to develop SEZ worth Rs 900 crore

Ansal Properties to develop SEZ worth Rs 900 crore

Construction in Gulf countries estimated at 1.8 trillion dollar

Nicosia, July 25: The value of construction projects in the oil-rich countries of the Gulf exceeds 1.8 trillion dollar, a study published in the latest issue of the Investors Magazine says.

Currently, the Gulf region is the most active in the world in terms of construction and development projects, prompted by an oil-fired boom.

Demand in all material used in construction is expected to reach unprecedented heights.

Some of the major projects being executed in the region include King Abdullah Economic City project in Saudi Arabia at a cost of USD 54 billion, Abdelaziz bin Mousaed Economic City, also in Saudi Arabia, at cost of USD 53 billion, and Khalifah City in Abu Dhabi at a cost of USD 40 billion.

Unitech raises $300 million from International investors

Country's second-biggest developer, Unitech Limited has raised $300 Unitech raises $300 million from International investors

Parsvnath Developers, Sabeer Bhatia to develop a knowledge city in Chandigarh

Realty estate major Parsvnath Developers has joined hands with Sabeer Bhatia, co-founder of Hotmail, to develop a 11,138 acres knowledge city near Chandigarh.

Ansal Properties to invest 13000 crore on development of township

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