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The government is yet to provide environment clearance to the first phase of Lavasa Corporation's hill city project located near Pune.
Living up to the expectations of its iconic Indian brand, Tata Housing Development Company is one of the country's leading real-estate developers with a turnover of Rs 315.35 crore (FY 2009-10).
Vascon Engineers is planning to launch its most ambitious residential project, Windermere in Pune. This 5 acre twin tower project will offer 3/4 BHK apartments and 5 BHK duplex.
Atlas Copco (India) plans to set up a new facility at Chakan in Pune to produce stationary industrial and portable compressors.The construction is expected to be completed in the second half of 2012
National Housing Bank (NHB) Residex, the residential housing price index figures from April to June this year, points out that Bhopal topped in residential prices, with an increase of 33.73 per cent followed by Faridabad 33.38 per cent, Kochi 24.30 per cent and Surat 16.60 percent.
Marvel Landmarks, a Pune based realty company has received Rs 55 crore inve-stment for an 8 per cent stake from Paracor Capital Advisors, the PE arm of Mauritius based Madison India Real Estate Fund. Marvel Landmarks is the FDI compliant company of local developer
Ascott Ltd plans to open 1,400 apartment units in India in the next couple of years. The company recently laun-ched about 300 units across two properties in Bengaluru and Chennai.
The Pride Group has launched Pride World City, a mega township in Pune. Spread over 400 acre, the development of the city and infrastructure involves a total investment of Rs 6,500 crore.
Tognum Group, a manufacturer of engines and propulsion systems and distributed energy systems, under the MTU brand, will set up an engineering and research centre in Pune.
Dalmia Cement (Bharat) Ltd has bagged the Second Best Environmental Excellence award in plant operation for the year 2008-09 for its Dalmiapuram cement plant near Trichy in Tamil Nadu.