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This is an archive article published on February 26, 2011

City Lights

Ansal API ties up with Red Fort Capital.

Ansal API ties up with Red Fort Capital

NEW DELHI: Real estate infrastructure company Ansal Properties and Infrastructure Ltd Ansal API and Red Fort Capital have signed an agreement to form a Joint Venture JV to undertake expansion of a residential township project in Gurgaon. Red Fort Capital will invest a total of Rs 200 crore in the joint venture formed to develop an additional 108-acre township project adjacent to Ansal APIs existing 112-acre Esencia township project in Gurgaon.

IHG to launch Rohini Crowne Plaza

NEW DELHI: Crowne Plaza Rohini,a hotel brand of the InterContinental Hotels Group IHG,is gearing up towards the launch in the second quarter this year. Located in North-West Delhi,it will be the first upscale hotel in the area. Located at Asias second largest sub-city,Rohini,the 16-storeyed hotel will have 183 guest rooms,three Famp;B outlets and a relaxation spa.

Realty awards held in capital

NEW DELHI: Real estate magazine Realty Plus recently announced the winners of its Excellence Awards for 2011 for the north and east Zone. The winners included Supertech Limited for developer of the year residential,Amrapali Group for developer of the year residential popular choice and Raheja Developers for developer of the year retail.

Action Group enters flooring sector

NEW DELHI: The 800 million Action Group with diversified business verticals like footwear,electronics,chemicals and real estate has now forayed in wooden flooring under the company Balaji Action Buildwell Action Tesa. Action Tesa,the company says,is the first and only company in India to manufacture laminated flooring. The plants are located in Sitarganj,Uttaranchal,in multiple locations spread over 35 acres with a manufacturing capacity of over 3 million square metres per annum.

FSAI-ACREX holds exhibition in Delhi

NEW DELHI: FSAI and its members are showcasing the latest trend in safety and security in the FSAI Pavilion at Pragati Maidan. Many leading brands such as Schneider,Zicom,Honeywell,Cooper,and Magnetic Auto have confirmed their participation. The exhibition is being held till February 26.

Logix Group launches La Premiere

NEW DELHI: Logix Group has launched its mixed used projects La Premiere. Spread over 16 acres,the project is located in Sector 124 at the beginning of Noida expressway. The total cost of the project is estimated to be Rs 2,000 crores.

 

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