About Pivotal CRM for Home Building and Real Estate

Pivotal CRM for Home Building and Real Estate is an industry-tailored customer relationship management system designed to help building and real estate firms better manage relationships throughout the customer lifecycle—from the first point of interest to the management of post-sale service and repeat sales. The only comprehensive solution for managing the complete front-office marketing automation, lead management, sales automation, and customer care activities of home builders and real estate companies, four of the top 10 U.S. Home Builders use Pivotal CRM for Home Building and Real Estate to help them cost effectively deliver a superior customer experience. Awarded the 2008 Construtech Vision Award, the 2008 Construtech “Hottest Companies to Watch” award, the IT Product of the Year and Best Sales, Marketing and Customer Service Automation product at the 2006 Innovative Housing Technology Awards, Pivotal CRM for Home Building and Real Estate is used by many leading U.S. home builders, including Beazer Homes, Centex Homes, Toll Brothers, and WCI Communities. For further details please visit www.pivotal.com/homebuilders.

Other Significant Features of Pivotal CRM for Home Building & Real Estate Include:

• Leverage Low-Cost Online Channels: Capitalize on the more than 70 percent of homebuyers using the web to search for homes by effectively attracting and capturing online leads.
• Improve Lead Volume and Quality: Attract higher-volume, better-quality leads with fewer marketing resources using personalized, multi-wave e-marketing campaigns, online event management, and automated literature fulfilment.
• Accelerate Follow-Up: Ensure every lead is immediately delivered to the right agent or channel and consistently followed up on by automating marketing and lead management.
• Speed Up Sales: Shorten the sales cycle and lower cost of sales by focusing sales efforts on prospects who are ready to buy.
• Automate Sales Processes: Streamline the sales process and reduce administrative time with automated prospecting, configuration, quoting, financing, and contract management.
• Boost Referrals: Increase repeat sales and customer referrals by improving customer communications and implementing "tell a friend" programs.
• Improve Customer Care: Increase customer satisfaction by delivering exceptional post-sales customer care with efficient tools that lower service costs.

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About CDC CRM:

Founded in late 2007, CDC CRM Solutions Pvt. Ltd. is a fast-growing provider of enterprise CRM and related solutions in India and is the exclusive sales and implementation arm of CDC Software in India. CDC CRM solutions focuses on the marketing and sales of CDC’s Pivotal CRM that provides out-of-the-box solutions for industriessuch as capital markets, corporate finance, wealth management, asset management, private banking and real estate.

Rs. 300 crore will be invested in commercial projects in Pune and Rs. 300 crore will be invested in affordable housing projects (Rs. 10 lakhs – Rs. 25 lakhs per unit) in Maharashtra (in Nagpur, Nasik, Pune and suburban towns/ districts of Mumbai). In addition, Milestone is also actively considering a few investment proposals from Nasik.

Rs. 200 crore is being earmarked for development of Logistics Parks across Maharashtra.

Elaborating on the choice of cities, Ved Prakash Arya, Managing Director of Milestone Capital Advisors said that Pune has emerged as a favored destination for the IT/ITES sector. This has led to an explosive growth in the real estate markets, with prices rising by almost 200 per cent in three years. “We therefore believe that in Maharashtra, Pune presents among the best opportunities for a good return on our investment. We believe Pune is ripe to have low cost (Rs. 10 – 25 lakhs) affordable housing integrated township projects," Mr. Arya said.

Speaking about Nagpur, Mr. Arya said that Nagpur is among the most desirable, and investment-friendly cities in the country, as far as real estate is concerned. This was borne out by the fact that it featured among India's top ten destinations in a recent survey by international management consulting firm Ernst & Young. "Nagpur has everything it takes to develop into a mini-metro in the near future. It has a developed infrastructure, locational advantages and new mega-projects like MIHAN and associated SEZs. This is creating a vast and as yet under-served market for affordable housing in Nagpur, and we hope to address this market," he said.

Apart from these investments, Milestone is also investing over Rs. 200 crore in warehousing in Mumbai. "The aggressive growth of the retail sector has led to rapid growth in the logistics business. It has also underscored the deficiencies of warehousing. We see this as a huge opportunity, and have aggressive plans to develop this emerging vertical," Arya said.

Milestone has so far raised over Rs.2,400 crore from the domestic/ offshore market. It has the highest deployment ratio in the sector, having so far signed investment deals worth Rs.1,500 crore.

Milestone currently is in the process of raising Rs.1,000 crore for its domestic fund "Milestone Domestic Scheme II".

Source: Press release distribution via India PRwire

Founded by Mr. Ved Prakash Arya, Milestone Capital Advisors' (www.milestonecapital.in) key objective is to facilitate investments in various areas of the rapidly evolving Indian economy. It is one of the few companies in India that provides a wide variety of real estate investment products to meet individual needs. The company has a key goal of leveraging the strong background of its constituents in investing in India. Milestone prides itself in having a management as well as an employee base that is outstanding operationally as well as in its investing experience.

For details contact: Sunder Iyer: 0923029582, innovatorspr@vsnl.net, Nida Paloba: 09821017561, nida@eschercommunications.com

Making the announcement here, the CMD of Alliance Group, Mr Manoj Namburu said El Dorado Park will have 1100 premium villas and 200 row houses—ranging from 2400 sq ft to 15,000 sq. ft------- in the price range of Rs 1.15 crore-Rs 7 crore. In the second phase it plans to offer 500 high-rise luxury apartments.

Designed by world renowned architectural firms, HOK of USA, and Zachariah Consultants, El Dorado Park offers an 18-hole Executive Golf Course, a 150-room 5 Star hotel, a Mall with a 4 screen multiplex, tennis, squash and badminton courts, fully-equipped gym with a spa, lush green landscape with a large playground and parks.

Each villa that comes with a warranty will have imported marble flooring and modular kitchen, air-conditioned rooms, solar water heaters, a Tata Sky dish connection, top-of-the-line bathroom & electrical fittings, including an automatic garage door.

The Rs 2500-crore project, which is located in close proximity to leading IT & biotech companies, is expected to be completed in 30 months. “An unparalleled luxury lifestyle living is assured for the discerning customers,” Mr Namburu said, adding that this was the first-of-its kind integrated township in Bangalore.

He announced that Anil Kumble, India’s Test captain, will be the Brand Ambassador for the Alliance Group. Not only that, the cricketing icon has also invested in an El Dorado Park villa. “We cherish his qualities of total

commitment, dedication and leadership and are proud to have him as our group’s Brand Ambassador,” Mr Namburu said.

Anil Kumble, on his part, stressed that he was happy to endorse an innovative and fast growing real estate firm like Alliance that offered all its customers a unique warranty which spoke volumes about its commitment and transparency.

He said as a happy customer he also looked forward to the completion of his home in El Dorado Park.

For the busy executives who are keen golfers, El Dorado Park’s executive 18-hole golf course would provide the ideal recreation right at their door-step. The international standard clubhouse of the 5-Star hotel offers its residents a complete range of modern amenities, from a regular swimming pool to banquet halls, multi-cuisine restaurant, children’s play area etc.

Further, its residents will have assured round-the-clock water and power supply through a complete power back-up.

El Dorado Park is located strategically near the Electronic City where big IT and bio tech companies like Wipro, Infosys, Motorola, AMD, HP, Biocon, Birla 3M, Siemens and Delphi systems have their campuses.

Alliance’s maiden residential project 10 Downing of 150 European style villas in Whitefield was sold out within months and is now getting occupied. The group has also launched Bougainvillea villa project in Chennai and Inner Circle in Hyderabad.

Having received the ISO 9001 certification right at its inception, Alliance is a member of Credai, Karnataka (erstwhile KOAPA), the apex body of builders in the state.

Source: Press release distribution via India PRwire

Press Release November 24,2007

Moguls of Real Estate Launched

BANGALORE, Nov 24---The business biographies of 5 top Indian real estate developers---K.P. Singh, Niranjan Hiranandani, Sushil Ansal, Shapoor Pallonji Mistry and Irfan Razack---have been featured in a new book, Moguls of Real Estate, authored by Manoj Namburu of Bangalore.

“I found there were no books at all on Indian real estate and felt that this gap could be filled by recording for posterity the business biographies these real estate moguls,” says Mr Namburu, who is also the CMD of the Alliance Group, one of the fastest growing real estate developers in the country.

Published by Roli Books, the 270-page book, is not only a biography of these barons of real estate, but also traces the recent explosive growth of the Indian real estate market, he said. It is a well-researched and informative book on the lives and entrepreneurial adventures of these veritable stalwarts of this industry. And it caters as much to the avid book lovers as to those specially interested in the real estate industry.

It will help fellow real estate developers in India to learn from their success and highlights the significant contributions they have made to the growth of the industry.

KP Singh, has had such an eventful life that his bio almost reads like a script from a blockbuster. His chance meeting with those-in-power and newsmakers like Rajiv Gandhi, Jack Welch and management practitioners like George Hoddy, gave him a distinct advantage in the real estate industry. KP Singh’s business acumen and his ability to take right decisions at the right time are some of the hallmarks of his long career.

Niranjan Hiranandani, as a young boy saw and met many rich and famous patients of his father, the world renowned ENT specialist Dr L. H Hiranandani, which triggered the urge in him to emulate them. That’s how he decided to delve into the real estate industry. His desire to work on a large canvas saw him creating India’s most beautiful, elegant and prestigious township called Hiranandani Gardens, in Powai, Mumbai, a landmark in its own right. Today, after numerous ups and downs, he has realized his dreams and emerged as a powerful spokesperson for the Indian real estate industry!

With the backing and sound counsel of his father Chiranji Lal, who was a reputed contractor in Delhi, Sushil Ansal has firmly established himself and the Ansal brand by constructing several landmark buildings in the heart of New Delhi, as also the Capital’s first mall, ‘Ansal Plaza’, and residential and commercial complexes in Gurgaon and NOIDA. The bio of this ‘mogul’ reflects in many ways the growth of the Capital as well as of the National Capital Region (NCR).

The story of Shapoor Pallonji Mistry, is quite different as he hailed from a reputed 142-year-old family firm involved in the construction industry. How Shapoor has proven himself to be a worthy scion of the Shapoorji-Pallonji family and how he plans to take the company to new heights with ‘Imperial Towers’, at Tardeo India’s tallest residential building, and budget mass housing in Kolkata, is vividly captured in the book.

Irfan Razack, the smart, suave and savvy real estate developer has given a distinct facelift to Bangalore, the IT hub of India, by erecting several beautiful and commercially successful landmarks like The Forum, Prestige Acropolis, Prestige Meridian, Angsana Spa. The innovatively designed UB city is also another of Irfan’s offering to the Bangalore skyline. What efforts and unflinching focus have gone into building Prestige Constructions as the biggest builder in South India are described in detail in the book.

Through the bios of these ‘moguls’, one can view up-close the challenges faced by the Indian real estate industry, its triumphs and tribulations. It would certainly help any reader to have a better understanding of real estate in India while showing the way for the coming generations of entrepreneurs in this industry.

Satellier’s India DMS services are available in four areas critical to project success: design coordination, design localization, design documentation, and BIM management that will eliminate design and construction errors, reduce time-to-market, and increase quality of the building product.

The Indian real estate market is experiencing a remarkable boom characterized by over 30 percent annual growth and forecasted to reach $90B by 2015. Primary contributors include recent GDP growth of over 9%, the entry of multinational companies into the country, global expansion of major domestic companies, increased spending power among the middle class, progressive government initiatives, wide acceptance of BPO/outsourcing business models, and strong foreign investments. The world’s top design firms are planning next-generation office campuses, shopping malls, complete new townships and housing complexes, medical centers, and hospitality sites for construction throughout the country.

“Satelllier is in a unique position to offer design management services for these aspiring new developments,” said Michael Jansen, CEO of Satellier. “On the one hand, we have completed production of over 5000 international projects. No one has more technical, production, or partnership experience on state-of-the-art developments worldwide; on the other hand, our team of over 450 architectural professionals hails from India, with onshore experience and connections in over 1000 domestic projects.”

Jansen, a permanent resident of India and a member of the Indian Institute of Architects (IIA), with 14 years of AEC practice experience in India and extensive knowledge of the Indian real estate industry and its key influencers, concluded, “Our global know-how and local presence allows us to fill the gap with critical services and ensure the design-through-construction success of these emerging landmarks. We anticipate that India will be one of our strongest global markets in the coming 12 months.”

The value and importance of filling the gap between international design practices and local construction realities was underscored in a recent report by Economic Research India. Among the report’s conclusions was, “A sound construction industry is crucial to the economic development and the growth of infrastructure… With the economy opening up and, consequently, its growing needs, the construction industry is required to keep pace with scientific and technological advances… To achieve vision 2020, every aspect of the construction industry should move with speed.”

More on Design Coordination Services

For developers, India DMS coordinates all of the work and information among the many and varied consultants and their disciplines, contractors, and local agencies in a large-scale project. These services ensure a well-managed design process across the project lifecycle, encompassing architecture, engineering, and services. Specifically, India DMS coordinates designs, schedules, information, document management, and approvals.

More on Design Localization Services

India DMS adjusts and optimizes large-scale design by global architectural firms for local requirements, including: codes, materials, cost issues, construction techniques and skillsets, sustainability and climatic considerations, and drawing requirements. These services preserve design intent through design development and construction documentation phases, and include management of all local approvals.

More on Design Documentation Services

India DMS can produce all architectural design documentation for large-scale projects, including completed construction document sets and preparation of as-builts. Given Satellier’s global leadership in workshare and production procedures, all drawings adhere to international standards of coordination, content, data structuring, uniformity and detailing; and international guidelines in nomenclature, annotations, and data presentation. Documentation created by India DMS meets all local approval requirements. India DMS can also establish and enforce production standards and parameters for the entire team of project consultants.

More on BIM Management Services

For large-scale projects, BIM represents immense opportunity for real estate developers and design firms to gain a significant competitive advantage. India DMS leverages Satellier’s leadership position in BIM practice by offering services that significantly enhance overall project efficiency and margin by achieving complete coordination among all designers, consultants and contractors. BIM enables visualization, model enrichment, clash detection, construction simulation and sequencing, spec/quantity/cost reporting, facility management, as well as extraction of drawings, quantities, schedules, through integration of all project data (graphical, numerical and textual) in a single digital model.

Source: Press release distribution via India PRwire

About Satellier

Satellier Inc. is the worldwide leader of global workshare solutions and BIM services pioneer to AECO partners. Founded in 2000, the company has offices in New York, San Francisco, Chicago, London, New Delhi, Shanghai, and Hong Kong. Satellier’s comprehensive workshare services add critical expertise and scale to partner organizations and projects. Practice areas include BIM modeling, Architecture, Engineering, MEP, and India Design Management Services (DMS).

The company’s portfolio of over 5000 projects in 50 countries spans a range of markets, including retail, healthcare, residential, office complexes, mixed-use facilities, hospitality, education, campuses, and more. Clients powered by workshare achieve the competitive advantages of lower cost of production, higher rates of innovation in core areas, fast scaling for access to new markets and opportunities, lower cost and risk in expansion, infusion of BIM into their business, and, ultimately, higher revenue and profits.

Visit the Satellier website www.satellier.com for more details.

The range is available with either a red sanded finish or with a smooth red, buff or blue finish. Architects and designers can use a unique combination of different Umbra shapes and bricks to develop bespoke looks for a variety of building types.

The four designs in the range have been created to co-ordinate with standard brick work sizes to deliver complete design flexibility and ease of installation on site. The Umbra units can be installed as complete panels or inter-spaced with standard bricks to create a broad range of different effects.

For more information on Ibstock’s new Umbra range, please call 0870 903 4030 or visit www.ibstock.com.

Source: Press release distribution via India PRwire

The new range includes three new designs of ‘eco habitat’ for bats and two for swifts which provide secure, dry homes for these endangered creatures that are built into the building wall.

“We have been increasingly concerned about the impact of housebuilding on fauna like bats and swifts,” comments David Hills, Sustainability Manager of Ibstock. “They are an important part of our ecosystem, and can help keep some insect pests at bay. As such, we have created a range of specially designed one brick thick habitats that offer attractive, maintenance-free living environments that can be incorporated into any new buildings.”

Ibstock’s bat eco habitats were designed with the help of bat conservation experts and include perches, ledges and hanging space. The maintenance free boxes are available in different sizes and colours that match or complement the existing brick walls.

Ibstock eco habitats for swifts are available in smooth red or blue clay and have been designed - with assistance from avian conservation experts - to be located under the eaves, where nesting swifts prefer a discreet, secure site.

Source: Press release distribution via India PRwire

On the eve of its anniversary celebrations, Disha Direct properties remain committed to its five strong parameters – Zero Risk Property, Fair & Fixed Price, Disha Care – a property management cell, Go Green – an effort to provide projects set in the greenest of places and 3500 happy customers.

During this month-long celebratory event, Disha Direct plans to add to the customers convenience by making itself available at the distance of a phone call. Customers interested in new projects can just make a call and be rest assured that a Relationship Manager will visit them with a detailed presentation of the project of their interest. Property buyers in this celebratory period can enjoy the exclusive privilege of availing flat 5% discount on any property they choose from a wide array of properties promoted by Disha Direct. Apart from these, during the month long celebration property buyers can expect a bag full of surprises and other attractive offers.

All in all the anniversary celebrations at Disha Direct come as ‘Happy Hours’ for the property seekers.

Source: Press release distribution via India PRwire

About Disha Direct

Disha Direct (www.dishadirect.in) is a leading real estate marketing organization. Having made its foray into real estate marketing five years ago specializing in second homes in scenic locations away from the city, the company has established itself as the preferred name in the real estate industry. Currently the company has 7 different brands covering different real estate properties.

Media Contact
Disha Direct Marketing Services Pvt. Ltd.
Farahan Khan
Manager- Corporate & Channel Sales
Tel: +91 9967604828

"Point to note is however, Delhi is now more or less saturated and the high demand for residential properties has increased rates beyond the reach of the middle class. As a result, the suburban towns within the NCR have become destinations for new residential projects that offer affordable quality housing to the middle class as well as luxury housing for high- end users," says Anuj Puri, chairman and country head, Jones Lang LaSalle Meghraj (JLLM), a global real estate advisory.

As a matter of fact, Panchsheel Park, Anand Niketan and Dwarka have also been fast coming up as a preferred residential real estate destination for Delhi and Gurgaon residents. The Dwarka sub-city has been designed to cater to a population of 10 lakh people and the current occupancy is approx 30 per cent. Dwarka may soon house a huge District Centre, along either sides of the Metro corridor from Sector 14 to Sector 9 station, as well.

Upcoming real estate destination of Dwarka

With unavailability of land in rest of Delhi, Dwarka has become apparent choice for real estate development. Out of the total of 29 sectors in Dwarka, 23 are developed and Sector 24, 25 and 26 are under development. Co-operative Group Housing Society (CGHS) forms a major component of housing type in Dwarka.

Land to more than 350 CGHS has been allotted out of which 75 per cent has been completed and another 25 per cent are in an advanced stage of completion. Amongst CGHS, the majority (over 70 per cent) comprises 3BHK and above (i.e. 4BHK, 3+1 servant room or a Study) while the remaining are studio apartments and 2 BHK, which are a few in number.

Source: Press release distribution via India PRwire

"The state ministry of urban development has approved Rs 2,07,956 crores of capital for various projects related to transport, to be utilised by 2031," said Mr Ratnakar Gaikwad, metropolitian commissioner of the MMRDA while speaking to the media persons. At present, the transport-related projects comprise the suburban railway, metro rail, highways, water transport, bus network, etc.

Major commercial property deals in Mumbai

The impact of the new project is visible on the financial capital of India-Mumbai. In the past 6-months most of the major commercial property deals in Mumbai are undertaken by the aforesaid industries, and the size and nature of deals is just amazing.

Finance major ABN Amro renewed the lease for its 12,000 sq. ft office space at Sakhar Bhawan located at the Central Business district of Mumbai Nariman Point, at a staggering rental rate of Rs 500 per sq. ft. The company was paying Rs 180 per sq ft for the last 3-years, for the same office space! A hike by more than 150 per cent in such a short span.

Furthermore, Fidelity Investments also leased 1,850 sq. ft of space at Nariman Point's Maker Chambers, at Rs 450 per sq. ft. Definitely, these rental values are one of the highest in the world, and as per the recent research reports way ahead of Manhattan where maximum lease value were recorded at Rs 390 per sq. ft.

The rates however are comparatively low at Lower Parel, and KPMG was intelligent enough to corner 30,000 sq. ft of office space at the rate of Rs 275 psft, sources informed.

Source: Press release distribution via India PRwire

Centered on Kumar Properties philosophy of bringing the best of living experience within affordable budget and located at Phursungi (off Pune-Solapur Highway), close to the SP Infocity (IT SEZ) -- the IT hub that's home to many tier-one software companies on 41 Acres , PARK INFINIA will house 36 Buildings which will include 1008 2 & 3 BHK Apartments. The first phase launched will have 13 buildings with 364 flats in range of 1100 – 1585 sqft.

The unique gated community will have natural environments, world-class amenities, aesthetically planned and beautifully designed complex, lush landscape, parks and streetscapes merging seamlessly as one. Distinctly ahead of other projects, Park Infinia is advantageously located in close proximity to Pune's fast growing areas like Hadapsar, Mundhwa, Kharadi, Wanowrie and Undri.

Park Infinia will be focused on Nature. The project has breathtaking landscaping and beautiful gardens that will be surely be a veritable oxygen tanks for the residents. The project planned for holistic living will have beautifully designed Swimming Pools, Meandering Eco Gardens ,Pedestrian Spines, Water Bodies and Mound Gardens,

Park Infinia will surely help those living in city's concrete jungles to rediscover the flutter of butterfly, the stark pink of roseand live in the the bounty of Nature.

The other Amenities include Swimming Pools, Gymnasium. Amphitheatre, Kids Zone, Piped Gas Connection, Dedicated Bus Service and Genset Backup for Common Areas.

Source: Press release distribution via India PRwire

With superior CDMA 1x technology backing, Tata Indicom data cards offer high-speed wireless internet access. The recently launched Plug 2 Surf Whiz directly fits into a standard USB port available in most desktops and laptops, enabling instant net connectivity, anytime, anywhere.

Commenting on the dramatic growth of the Company’s data products, Mr. Ramesh Iyer, Vice President, Enterprise Operations, Tata Teleservices (Maharashtra) Limited, said, “Tata Indicom is delighted to play a pivotal role in supporting the exploding demand for high speed internet access seen in the Indian market today. With a growth rate of personal computer and laptop sales in excess of 20%, Tata Indicom anticipates continued momentum in sales of its pioneering wireless internet access offerings.”

TTML is currently seeing substantial traction with its Plug 2 Surf Whiz offer, which is being promoted with a massive outdoors campaign across Mumbai and Maharashtra. The primary offer provides subscribers with the Plug 2 Surf Whiz USB Modem and unlimited surfing for 2 months at Rs. 2850 only. Interested subscribers can call 9220008282 or visit www.tataindicom.com for more information.

Source: Press release distribution via India PRwire

Tata Teleservices (Maharashtra) Limited is India's premier telecommunication service provider licensed to provide telecommunication services in Maharashtra (including Mumbai) and Goa. The company presently offers telephony and ISP services in the cities of Mumbai and Navi Mumbai, Pune, Nagpur, Nashik, Aurangabad, Kolhapur, Panaji, Sangli, Thane, Ahmednagar and other cities, towns and villages of Maharashtra and Goa. It focuses on all market segments, i.e. commercial, residential and public telephony. Tata Teleservices (Maharashtra) launched Tata Indicom Mobile services in 2003. Tata Teleservices (Maharashtra) Limited has over 5 million customers in Maharashtra and Goa. These include reputed corporates, SMEs and residential customers.

The list compiled by UK-based digital magazine Contract Journal, which features people with a direct influence on the construction industry, has placed Indian conglomerate Tata Group's Chairman Ratan Tata at the 16th position, ahead of Housing Minister Caroline Flint, who is at the 18th place.

Topped by Ian Tyler of engineering and construction services provider Balfour Beatty, Simon Williams, who is the Director of cartels at Office of Fair Trading (OFT) and Ray O'Rourke, the Chairman of private construction firm Laing O'Rourke, are at the second and third places, respectively.

On Ratan Tata, the report said, "Already providing products that feature in many British homes after its takeover of Tetley in 2000, Ratan Tata's Tata Group now supplies the mainstay material in most of its offices: steel." Indian conglomerate Tata Group's acquisition of steel maker Corus for about 6.2 billion pounds, made it the fifth largest steel maker in terms of output. The joint entity known as Tata Corus has a 50 per cent share of the UK market.

Source: Press release distribution via India PRwire

This initiative is the first residential project of BPTP in Gurgaon, after it has established a strong foothold in Faridabad with BPTP Parklands – an integrated township spread nearly across 1500 acres.Freedom Park Life, is spread over an area of 14 acres will house 600 plus units and will provide a mix of luxury 2, 3, 3+1 BHK premium apartments and penthouses with value added amenities matching international standards. The project is launched at a rate of Rs. 4000 sq.ft.

The project has been designed by renowned Indian and international architects keeping in mind the needs of the new generation. Design is the soul of Freedom Park Life. An eye for detail, combined with a classy sense of design gives these homes a sophisticated and comfortable ambience. The apartment comes with vitrified floors and elegant laminates which makes living at Freedom Park Life a picture perfect experience. The possession of the apartment will start from December 2008 onwards.

Facilities at Freedom Park Life are in sync with the evolving desires of the young-at-heart. These apartments has been designed with varied additions and features like earthquake resistant construction, spacious underground car parking facility, extensive landscaping, 100% power back-up, round the year water supply, round the clock security and an advanced fire fighting system. While state-of-the-art recreation facilities like Jacuzzi, two swimming pool and two clubs with a gymnasium.

Source: Press release distribution via India PRwire

About BPTP

BPTP Today is one of the fastest emerging real estate players in the country. The group is engaged in development of residential and commercial projects, retail spaces, townships and IT Parks/SEZs in the National Capital Region and Hyderabad. BPTP has recently won country's largest land deal for Rs. 5006 crore for 95 acres of prime commercial land at Noida, Sector 94. Also Citigroup Property Investors (CPI), the real estate unit of Citigroup, has acquired a 40-per cent stake in each of the four special economic zones (SEZ) being developed by realty firm, BPTP.

A contract worth Rs 142.62 crores was awarded to Unity for widening and upgradation of Rai Nahra Bahadurgarh Road (MDR-138) km 0.00 to 37.40 and Rohtak- Kharkhoda Delhi border (SH-18) (km10.20 to 40.76) to be completed within 15 months.

A contract worth Rs 240.45 crores was awarded to a joint venture between Unity Infraprojects and Backbone Enterprises Ltd. for improvement of Murthai Sonepat –Sampla – Jhajjar – Dadri Road (Section of SH-20) and Gurgaon – Farrukjnagar – Jhajjar road (SH -15 A) for widening, strengthening, providing drains, widening of bridges and culverts. The time frame for the same is 18 months.

With this order, Unity has clinched orders worth Rs 605 crores in May alone. It is probably the first time that Unity is tackling state road projects. Last week, Unity had bagged a contract from PWD Building Project Division B-121 Prison Complex Mandoli, Delhi for an estimated amount of Rs 154.29 crores. A contract worth Rs 68.25 crores was also received from Citi Corporation Limited, Pune for construction of RCC works at Amanora Park town, Hadaspur, Pune.

“These orders underline the pan-Indian capability of Unity and, at the same time, confirms our commitment to providing the best-in-class deliverables to our clients. We will continue to step up our pace and spread our operations further across the country,” said Mr. Abhijit Avarsekar, Vice Chairman and Managing Director, Unity Infraprojects Limited.

The company is currently executing 10 malls in Maharashtra, of which five are with the company and the other 5 include Magarpatta Retail Pvt Ltd, India Bulls, Big Malls, Avinash Bhoslen Group, Phoenix Mills. The company has also put in bids in high value infrastructure projects – in irrigation and water supply segments.

Source: Press release distribution via India PRwire

About Unity Infraprojects Limited

Unity Infraprojects Ltd. provides integrated engineering, procurement and construction services for civil construction and infrastructure sector projects. Besides civil construction, the company’s project expertise includes transportation engineering, irrigation and water supply projects.

Unity is the flagship unit of the Mumbai based KK Group of Companies which has interests across a wide spectrum of businesses such as concrete block manufacturing and quarrying, hospitality and organized retailing industries.

Announcing this development, PBEL Executive Director Anand Reddy said, “The Company has invested around Rs 180 crores to develop and build a hi-tech residential cum commercial complex on a 42 acre plot of land at OMR, Chennai. We shall be starting this project later this year shortly after launching our Hyderabad project. The company has also short listed Coimbatore, in addition to Mysore in Karnataka and Vizag in Andhra Pradesh, for sizeable investments.”

PBEL has invested worth Rs 500 crore so far and is actively pursuing more investment opportunities in the real estate sector across south India. It intends to develop and build high quality high-rise apartment buildings with modern amenities in environmentally friendly surroundings. PBEL will be bringing international know-how of high quality products, and consultants from abroad who have worked on renowned projects world wide to ensure that international standards are met. The investment has seen the company acquire 10 acres of residential land in Mysore. This is in addition to 58 acres in 2 land parcels in Hyderabad and 42 acres in Chennai for a mixed township project.

PBC, a subsidiary of the IDB Group, is active in the realty space in three continents: North America, Europe and Asia. The IDB Group is Israel’s largest business conglomerate with global assets in excess of $27 billion. PBC is a major participant in the development of the new Plaza Las Vegas hotel. ERE is one of the leading real estate companies in Israel, owning over 109 properties and 58 hotels (Hilton, Marriott )in partnership in Europe and North America, is a subsidiary of Elco Holdings, one of the main business groups in Israel.

Source: Press release distribution via India PRwire

ABOUT PBEL

PBEL Property Development(India) Pvt. Ltd. is the newest enterprise to enter the real estate business in India. It is a joint venture of Israeli giants Property and Building Corporation (PBC), Electra Real Estate (ERE) and Indian developer INCOR Infrastructure. Over the last couple of months PBEL has purchased property worth Rs 500 crore across various cities in India.

Presently focusing on Chennai, Hyderabad and Mysore, PBEL will soon be developing these properties into world class living and commercial space.

PBC is one of the leading real estate companies in Israel established in 1961 and has been a publicly traded company on the Tel Aviv Stock Exchange since 1961. The company is rated AA by Standard & Poor. PBC has extensive experience in developing and constructing residential neighborhoods and commercial properties in Israel and the US. PBC a subsidiary of the IDB Group, is active in the realty space in three continents: North America, Europe and Asia and is Israel’s largest business conglomerate with global assets in excess of $27 billion.

Electra Real Estate Ltd. is one of the leading real estate companies in Israel. The company was established in 1994 and has been operating overseas since 1997, and the major growth in the company’s activities has taken place over the past three years. Electra Real Estate is a public company listed in the Israeli TASE since 2005.

INCOR is founded by US returned NRI’s in response to the need for a Professional Real Estate company, to meet the growing demand of quality housing and commercial space across India. INCOR has projects in hand to construct 1.3 million sq. ft, which includes a residential neighborhood, a shopping mall and an office center. INCOR holds a land bank of 218,592 sqm to be developed for mixed use across various locations in Hyderabad.

Minister while inaugurating the three day National seminar on ‘Recent Trends in High Rise Buildings’ organised by the Indian Builders Congress (IBC) said “ the construction industry should use latest green technologies, including environment friendly building materials, high tech sensors for conserving energy and water, and water recycling and ample parking and open spaces while construction of safe and smart high rise buildings”.

“High rise buildings for residential purposes is being seen as a major answer to urban housing problem not only in four metropolitan cities but also in other cities like Chandigarh, Bhubaneshwar, Agra and Jaipur. But how far this is tenable, in the context of conditions prevailing in our country must be studied in depth before adopting high rise buildings” Mr Reddy said .

“ For structural and social safety in high rise buildings as well as providing essential services such as lifts, elevators, fire safety devices, the initial investment of capital is very high followed by heavy recurring costs for maintenance. The building experts should find ways and means to reduce both the construction as well as maintenance cost in high rise buildings” the minister added.

"Migration of the people to the Urban Areas is on constant increase due to enhanced employment opportunities . This has resulted in increase in land cost and desire of the people to reside near the heart of towns are some of the various factors which have given rise to construction of high-rise buildings. High rise development has come in vogue not only in mega cities like Mumbai, Delhi, Kolkata and Chennai but also in large towns like Chandigarh, Bhubaneshwar, Bangalore and Hyderabad" said Mr M Ramachandran, Secretary, Urban Dvelopment, whichle speaking on the occasion.

“About 400 consulting engineers, architects, developers, project managers from the public sector as well as private firms from the construction industry Professionals of Government Departments, Housing Boards, Development Authorities, State PWDs Teaching and Trainings Institutes are taking parting the three day seminar to discuss the design, construction and maintenance of high rise buildings” said Mr K.K.Kapila, President, Indian Builders Congress .

" The delegates attending the seminar will be discussing the latest design and construction technologies of high-rise buildings which is very complicated the common services such as electric supply, water supply, sewage disposal, solid waste disposal, fire fighting etc have also to be dealt with in an appropriate manner.’Mr kapila said

Source: Press release distribution via India PRwire

Source: Press release distribution via India PRwire

About Ansal Housing

Ansal Housing & Construction Ltd. is an ISO 9001:2000 certified Company engaged in the business of real estate development in India and overseas. Since its inception in 1983, Ansal Housing has given a new dimension to Indian infrastructure development. The company has developed world-class townships, residential complexes, commercial complexes, retail space, hotels and movie halls that have set new standards in quality and architectural excellence, delivering the best to its customers, stakeholders and investors.

Some of Ansal Housing's landmark projects include Ansal Heights and Whispering Meadows in Mumbai; Ansal Plaza which is "North India's First Factory Outlet Mall" wherein world's best brands are available, Neelpadm Kunj, Garden Enclave, Aavantika and Chiranjiv Vihar in Ghaziabad, Fortune Arcade in Noida; Golf Links I & II in Greater Noida & Aashiana in Lucknow.

In Pune, the Rs. 68.25 crore order received from Citi Corporation Limited is for the construction of RCC works at Amanora Park Town, Hadapsar, Pune and is to be completed with 15 months

The total unexecuted order book stands over Rs. 2700 Crores

“With the addition of these orders our pan national ability to work with Government sector and the private sector is further underlined. We will continue to provide our various clients with an experience that sets benchmarks for others.. We will continue to step up our pace and spread our operations further across the country,” said Mr. Abhijit Avarsekar, Vice Chairman and Managing Director, Unity Infraprojects Limited.

Source: Press release distribution via India PRwire

About Unity Infraprojects Limited

Unity Infraprojects Ltd. provides integrated engineering, procurement and construction services for civil construction and infrastructure sector projects. Besides civil construction, the company’s project expertise includes transportation engineering, irrigation and water supply projects.

Unity is the flagship unit of the Mumbai based KK Group of Companies which has interests across a wide spectrum of businesses such as concrete block manufacturing and quarrying, hospitality and organized retailing industries.

The key issues that were discussed included service tax liability for a developer of residential complex, eligibility of CENVAT credit on construction services used in relation to renting of immovable property, inputs used for applicability of new rate of 4% under Composition Scheme of Works Contracts, classification of Composite Contracts under construction services or work contract service.

Service tax issues in budget 2008 gained prime focus of discussion. In particular service tax rate being maintained at 12%, threshold limit of exemption for small service providers being increased from 8 lakhs to 10 lakhs, 7 new services being brought under the service tax net, extended scope of existing taxable services, composition rate of service tax for works contract services being increased from 2% to 4%, service tax is now required to be paid on transaction with associated enterprises either on receipt of payment or making credit/ debit entries in the books of accounts whichever is earlier, expansion of scope of renting for use in the course of furtherance of business were points of discussion.

According to CREDAI NCR President Mr. Pradeep Jain, “The announcements made in the budget for the year 2008-09 are indicative of the developments expected; the budget however has not addressed much awaited demands of giving industry status to the sector. Along with others CREDAI NCR has also put forth views and suggestions before the Ministry of Finance through various forums and will continue to pursue the issues with the government on behalf of the industry.”

He further added that the spiraling prices of steel and cement have been another area of concern for CREDAI and the issue has been taken up with the concerned by sending representations.

Along with a number of issues concerning Real Estate sector major services such as commercial & industrial construction services, construction of residential complex services, execution of works contract services etc. were also taken up for discussion for understanding the implications for industry.

CREDAI NCR has gone a long way to establish its footage of covering more than 80% real estate developers in Delhi and NCR. It has been emerging as a leading platform for addressing problems of real estate developers of Delhi and NCR and uniting them under one roof. As an organization CREDAI NCR believes in performing as a catalyst for improving the social and economic infrastructure.

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Suchirindia is executing the project under the name “Suchir NEB Projects Pvt Ltd”; an SPV formed for this purpose along with its partners.

The towering complex comprises a 30 floor commercial tower and a 70 floor residential tower. The total built-up area for the commercial tower including convention centre and the residential tower would be Three Million Sq. ft.

Speaking on the occasion, Dr. Y. Kiron, CEO of Suchirindia said, “Working in close association in Sri Lankan on this project has been a pleasure, and we hope to lay our footprint in many more areas in the future.”

The project site is located close to the Parliament house and main terminus of metro railway. The joint venture Partners for the development of this project includes reputed International Financial Services companies. The Metro Rail in Colombo is being developed by the Joint venture partner NEB Rapid Infrastructure Projects Pvt Ltd.

Source: Press release distribution via India PRwire

About Suchirindia

Incorporated in 2005, SUCHIRINDIA DEVELOPERS (P) LIMITED, is an ISO 9000: 2001 and ISO 14001 certified company, is engaged in land development, Premium Group Housing, construction, infrastructure and resorts.

Suchirindia, along with its associate companies has developed over 24 prestigious commercial and residential projects. Suchirindia is developing amusement parks and hotels in Hyderabad and Bangalore and is coming up with Suchir Kingdom, a first of its kind adventure park in India at Hyderabad.

The unique features of Megapolis is its traffic-free internal landscape, designed by the world-renowned Belt Collins International (Singapore) Pvt. Ltd., and its modern outlook by the globally reputed architects RSP, Singapore.

With a ratio of 80 percent park and 20 percent construction, the township boasts one of the best landscapes in the country. It has beautifully landscaped gardens, fountains and sculptures, large water bodies, meandering eco-gardens and maze gardens linked by pedestrian spines and walkways. The wider roads, separate traffic lanes for children and special no-vehicle zones give the advantage of total freedom from traffic jams and pollution.

“This is a golden opportunity, especially for the hi-tech professionals working in the IT hub of Hinjewadi who are looking forward to ‘Walk-to-Work Culture’. Its strategic location at Hinjewadi and its close vicinity to the auto manufacturing belt makes Megapolis the preferred destination for residential, commercial, IT parks and multiple SEZs,” says Mr. Amit Bhosale, Director ,Pegasus Properties Pvt. Ltd.

Speaking on the occasion Mr. Vimal Kumar Jain, Director Pegasus Properties Pvt. Ltd said, “Pune is emerging as one of the top seven cities promising high growth potential. In the days to come, Megapolis is destined to become one of the crowning landmarks of modern Pune.”

Surrounded by dense perimeter landscape, 58 highrise towers of Megapolis present a variety of residential options, ranging from studio to spacious five bedroom apartments and senior citizen blocks, offering panoramic views of scenic hills and streams. The township is built with world-class MIVAN technology – one of the best used in modern times for elegance and space utilization.

Crowning its unique natural attributes, Megapolis offers some of the finest amenities to make living a pleasure: multiple pools, state-of-the-art gymnasium and club-house equipped with indoor games like chess, snooker, card-room; outdoor sports activities like cricket nets, mini soccer fields, badminton, tennis, basketball courts and cycling tracks. Add-on conveniences for residents include a dedicated bus service, Wi Max, bank / ATM, polyclinic, ambulance, private school, themed restaurants, hyper-market, salon and tax collection centre to name a few.

“ the construction technology and quality , the design excellence , the only one of its kind landscaping in Megapolis will surely make this town ship cynosure of modern India , says Rajas Jian Director Pegasus Properties Pvt Ltd.

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About ABIL Group

AVINASH BHOSALE GROUP (www.abilgroup.com) is one of Pune’s leading business conglomerates with diversified business interest in Real Estate, Infrastructure & Hospitality and operates under the name of ABIL Group. Established in 1979 by Mr. Avinash Bhosale, Founder & Chairman, ABIL Group, is a dominant player in all the sectors in which it operates. The group is engaged in the business of Construction, Roads & Infrastructure Developments, Irrigation Projects, Hospitality, Energy and Information Technology. The Group has successfully completed many infrastructure projects in joint venture with Soma Enterprises.

In its 28 years of existence, ABIL Group has come a long way. The ABIL Group now undertakes contracts in infrastructure sector like Dams, Barrages, Tunnels, Lift Irrigation Schemes, Highways and Bridges on a turnkey basis. The Group has recently also made successful forays into the IT and BPO sectors. The Group has a resource pool of talent to maintain enviable standards of efficiency and excellence with exceptional professionals .

About Kumar Properties

The Kumar Properties Group (www.kumarworld.com) is a well-diversified, value-driven enterprise. Founded by Mr. K.H. Oswal on 15th Aug 1966, the group initially catered to the rental segment.

In the 70’s it progressed to construction of branded apartments. In the 80’s it shifted to high-rise buildings and bungalow projects.

At the turn of the millennium, Kumar Properties diversified into parks and commercial buildings. With a strategic shift to large townships and commercial malls, the journey is far from over. I fact, it has just began. The group has major presence in the blooming agri-biotech industry. And expertise, gained over the years in construction, has been deployed to build infrastructure projects.

Over 17000 happy families from diverse socio-economic and cultural backgrounds. Over 1200 satisfied large, medium and small businesses. All enjoying the comforts and pleasure of living in environment-friendly well designed, fully equipped residential complexes, or working out of swanking commercial premises. That is Kumar Properties record of achievement in core service offerings. A record of not mere construction, but creation of complete living, working and business spaces, with latest amenities and facilities integrated in a holistic manner, and backed by lifelong maintenance.

The real estate activities of the Kumar Properties are not restricted to Pune. Kumar Properties is also engaged in real estate developments in Mumbai, Kolhapur and Bangalore. Going forward, Kumar Properties will expand its real estate development activities to other cities in Maharashtra.

DB Realty has already roped in prime anchor tenants such as Pantaloons, Hypercity and Shoppers Stop. Orchid Ozone will be a complete and unique retail experience spread over 1.6 million sq. ft for urban shoppers. In addition, it will also comprise of luxurious lifestyle and entertainment choices such as:

• Mystifying Water themed atrium by Wet Design Inc, USA
• A 20-screen megaplex theatre
• A 125 room boutique hotel
• A 50,000 sq. ft kids ‘play & care’ zone
• Travolators to connect shoppers seamlessly from one level of the mall to the other.
• Large food courts offering world cuisine that overlook the scintillating water themed atriums

Mr. Asif Balwa, Director, DB Realty, stated: “DB Realty foresees a dramatic shift in the Indian retail scenario. As current retail formats within cities become cluttered, urban families will want to explore ‘on-the-periphery’ suburbs to experience a global lifestyle destination. Keeping this shift in mind, we designed the Orchid Ozone Mall at Dahisar. Urbanities can not only shop here to their heart’s content, but can experience a completely relaxed shopping and

entertainment environment similar to global cities. DB Realty is focused on raising the benchmarks across all realty verticals and we are confident that India’s biggest global mall – Orchid Ozone - will lead the way in ushering that change.”

The project is scheduled to be ready by the end of the last quarter of 2009.

Source: Press release distribution via India PRwire

About DB Realty

DB Realty is India’s fastest growing real estate and hospitality conglomerate. With demonstrated experience in hospitality, residential, commercial, retail and IT Parks, DB Realty aims to become a global player in the real estate and hospitality domain.

Shirley C D’silva, D B Realty. M: +91. 9870688360. shirley.dsilva@dbg.co.in
Gaurav Gupta, Zzebra. M: +91.98339 94227. gaurav@zzebra.net

“While doing great work for clients is our day-to-day focus, our larger goal is to elevate the entire IT industry” said Rebecca Parsons, ThoughtWorks CTO and contributing author to The ThoughtWorks Anthology. “To that end, we have always sought to distribute our knowledge and best practices to clients and colleagues, and The ThoughtWorks Anthology is a great new avenue to do that.”

The ThoughtWorks Anthology was created with both senior executives and front-line engineers in mind, and it examines topics at varying degrees of technological savvy to appeal to a broad spectrum of readers. Even the most technical articles open with reader-friendly introductions that can be valuable to non-practitioners, such as CFOs and other business executives.

The ThoughtWorks Anthology is currently available for purchase from the Pragmatic Programmer’s website at http://www.pragprog.com/titles/twa.

Source: Press release distribution via India PRwire

About ThoughtWorks

ThoughtWorks is a global IT consultancy focused on software development and delivery. Using Agile best practices the company helps CIOs maximize investment performance, reducing time and risk. ThoughtWorks' 1000 professionals serve clients from offices in six countries including Australia, Canada, China, India, the United Kingdom and the United States. ThoughtWorks' new product group, ThoughtWorks Studios, leverages the organization's deep experience by building world-class software. The first product to be released is Mingle, an Agile project collaboration application.

The US-based company plans to open 1,000 offices through franchisee route. It would also have its own offices at 50 locations in the country to manage the entire operations.

“In the next five years, we plan to have 1,000 offices at pan-India level. We expect Rs 1,000 crore revenue after these sub-franchisees get fully functional,” Century 21 India Country Head Ajay Rathore told media.

The company would first start with the metros and the Tier I cities, followed by Tier II and III cities, he added.

“We will provide services in purchase of office, retail, residential spaces, land and IT parks. We also plan to have rental and leasing services for our customers,” Rathore said.Some of the clients, whose properties the company would deal with, include DLF, Unitech, Parsvnath, Omaxe, BPTP and Jaiprakash Associates among others.

“To maintain transparencies and give best services to the customers, we will have our own offices. We have already set up five company offices in NCR. To manage all the franchisees, we will have about 50 offices in the country,” Rathore said.

The company has already identified Bangalore, Hyderabad, Goa, Chandigarh and Chennai for setting up company offices, he added. When asked about the revenue-model of the franchisee route, Rathore said the master franchisee would get six per cent royalty fee from each transaction.

Source: Press release distribution via India PRwire

The core management team at Alpha G:Corp has a proven record for excellence spanning 3 decades, widely recognized as it is for having pioneered global best practices, transparency and timely project deliveries. They have developed landmark buildings across North India, and with GurgaonOne, Alpha G:Corp has taken a large stride ahead of all previous projects by setting inspired delivery standards in terms of infrastructure, living comfort, sustainability, optimal environment, amenities, maintenance as well as cost-effectiveness.

“Ideally, the cost of an energy efficient and eco-friendly development should be 7-8% of the total project cost. At GurgaonOne, it was at 15-20%, because of the limited suppliers of materials, services and expertise in this segment. But we knew that we would set benchmark standards with GurgaonOne and gladly absorbed the extra cost. With public awareness and sensitivity increasing about our footprints on the environment, such sustainable habitats would in time become the norm rather than exceptions,” stated Col. RS ‘Pickles’ Sodhi, Managing Director, Alpha G:Corp. The premium, eco-friendly complex is opposite the Electronic City in Gurgaon, Sector 18 where corporations like Hughes Software (now, Flextronics), Alcatel, GE Capital and Zee are located. The Kapashera border -- the main route to GurgaonOne is being developed by HUDA as the most beautiful entry point to Gurgaon with high-quality roads and horticultural expanse, fountains as well as escalators for pedestrians to cross the busy stretch. “All this, combined with the high water table at the location and our innovative and sustainable systems at GurgaonOne, make this complex one of the most coveted addresses for buyers in Gurgaon,” added Col. Sodhi.

The eco-systems at GurgaonOne were incorporated in the design specs of the complex by the architects, Arcop (Associate of Le Arcop) and due evaluations were made by them at every stage of construction to ensure 100% sustainability and efficiency of all systems. From the time of initial excavation and early construction activity, concerted and substantial reduction in site disturbance was implemented to check soil erosion and sedimentation. Besides, soil conditioning along with reduction of heat islands with grid paving in the initial stages has led to a refreshing landscape and exterior design to transcend generations.

The other environmental initiatives taken are also simple and sustainable. Green belt development including good species and eco-friendly plantation of trees, herbs and shrubs ensure a balanced environment. 5 X captive power plants. Energy efficient, silent and pollution free DG sets of total 3000 KVA ensure conservation and pollution control. Direct beam illumination consumes less energy but creates glare while diffused beam illumination consumes high energy but provides soothing light. The electrical installations at GurgaonOne have achieved a responsible combination of indirect and direct lighting for optimum utilisation of energy, while also ensuring that no glare or lighting beams are directed at neighbours' homes.

To promote optimum co-ordination and co-operation between the residents of GurgaonOne and to sustain it as a model habitat, Alpha G:Corp is forming its residential association during the hand-over. They have also taken the pioneering step of establishing a 100% subsidiary, ‘Alpha G:Corp Management Services Private Limited’, to provide professional maintenance and facility management services in all their projects beginning with Golf View Corporate Towers. Some of the prominent buyers of GurgaonOne include, Mr. Jatin Ahluwalia, Director Marketing, Motorola; Mr. Suvir Ahuja, Former Managing Director, Mahendra Gesco; Mr. Debashish Guha, Head of Arcop, Asia Pacific; Dr. Prem Chand, Principal Advisor, Mahindra British Telecom; Mr. K L Chugh, Former Chairman, ITC; Major Adhiraj Singh, Ace Polo Player & Head of Equisports; Mr. Vikram Sodhi, Polo Player & Country Head, Kinnarps Modello Furniture; et al.

Recognition: For the upcoming Asia Pacific Real Estate Awards to be held on April 10, 2008 at Shanghai, China, companies are nominated on their overall market contribution, quality of customer service, innovation and commercial success. Additionally, a category for Sustainable Projects sponsored by Jones Lang LaSalle features Green Projects from the entire Asia Pacific Region. Alpha G:Corp’s GurgaonOne, Eco-Friendly 10-acre habitat has already been short-listed as a semi-finalist for the Awards - Residential Development as well as Asia Pacific Sustainability Project of the Year Award.

The short-listed semi-finalists for Asia Pacific Sustainability Project of the Year Award, 2007 are GurgaonOne Eco Friendly Habitat by Alpha G:Corp and designed by Arcop India of Le Arcop, Canada; Fujian Provincial Electric Power Dispatching Center – Fujian Provincial Electric & Power co. and design by MulvannyG2 Architecture; Ritz Park – Menlo Capital Group and designed by HKS Architectural; Dongtan Eco City -- Shanghai Industrial Investment Corp. and designed by ARUP.

In July 2006, Morgan Stanley Real Estate invested Rs. 300 crores in Alpha G:Corp in view of the professional management team’s long-standing reputation, as also for their globally practiced asset management models in real estate. Importantly, Alpha G:Corp initiates projects only after procuring all required regulatory licenses from the Government for all projects without exception. Projects undertaken by Alpha G:Corp have separate earmarked bank accounts and funds received from buyers get deposited directly in the respective project’s dedicated account. Alpha G:Corp’s global, ethical practices were major points in consideration by Morgan Stanley before investing. All Alpha G:Corp’s ongoing and planned projects are 100% FDI compliant.

Since the divestment to Morgan Stanley, the company’s value has grown further following its recent USD 150m acquisition of landholding real estate companies. Alpha G:Corp has recently retained Ernst & Young for appraisal of investment offers by some of the world’s leading PE funds. Potential buyers have already approached Ernst & Young and a deal is expected to close in the near future.

According to Mr. S K Sayal, CEO and Director, Alpha G:Corp, “Notwithstanding the recent downturn in the market, the value of GurgaonOne has increased by over 250% from the time of private placement, thereby benefiting buyers across all segments in the complex. Due to the team’s reputation for pioneering industry best practices and with the successful hand-over of GurgaonOne to buyers and Golf View Corporate Towers to Ernst & Young, we are now in a position to consider several lucrative offers for our second round of divestment from the world’s leading PE funds like, Goldman Sachs, HSBC, Ayala, The Kuwaiti Royal Family, Credit-Suisse, Carlyle and Blackstone.”

Alpha G:Corp is developing landmark city centre projects, integrated townships, commercial and residential projects spread across the country, including developments in Ahmedabad, Amritsar, Delhi NCR, Dehradun, Fatehabad, Gurgaon, Goa, Gwalior, Kurukshetra, Karnal, Jalandhar, Jaipur, Ropar, Udaipur, Meerut and other cities in Gujarat, Punjab, Rajasthan and Madhya Pradesh.

Source: Press release distribution via India PRwire

Alpha G:Corp’s Eco-friendly Residential Complex,

GurgaonOne:

After extensive due diligence on providing environmentally sustainable and eco-friendly systems in all habitats developed by them, Alpha G:Corp took the pioneering step with GurgaonOne. The outstanding feature of GurgaonOne is that it is located on the biggest green patch of Gurgaon, situated strategically off the national highway on the periphery of the mandatory 1000 acre green area within which Haryana Urban Development Authority (HUDA) has recently proposed a 600 acre world-class golf course.

The eco-systems at GurgaonOne were incorporated in the design specs of the complex by the architects, Arcop (Associate of Le Arcop) and due evaluations were made by them at every stage of construction to ensure 100% sustainability and efficiency of all systems. Arcop India are also architects of other ‘ahead-of-times’ landmark complexes like Bailan Villas off Beijing, Kabul Serena and Serena Dushanbe in Tajikistan (Projects of The Aga Khan Development Network) as well as Laburnum and Garden Estate in India. From the time of initial excavation and early construction activity, concerted and substantial reduction in site disturbance was implemented to check soil erosion and sedimentation. Besides, soil conditioning along with reduction of heat islands with grid paving in the initial stages has led to a refreshing landscape and exterior design to transcend generations.

Case in point: According to Surge, a non-profit organization, the water table in Gurgaon is 40 metres below ground level. In comparison at GurgaonOne, due to the 1000-acre mandatory green area adjoining it and because of its location in the municipal area, the greenery and water table level of the complex is comparatively considerably higher (less than 30 metres). Even so, Alpha G:Corp’s commitment to environmentally proficient projects led among other steps to the incorporation of extensive and sustainable water harvesting systems in the complex with a 300 KLD sewage treatment plant -- the first treatment plant of this size in Delhi NCR. The water treated in this plant would be used for irrigation of the 2.03 acre open green area and for storage and recharging of groundwater after rain harvesting. The six wells function in reverse mode of bore-wells, allowing rainwater to seep back into the ground and thereby constantly bringing the water table up. The complex has 100% water backup, along with purification from the 1,80,000 litres water softening plant. Besides, the underground tank capacity is of 6,00,000 litres, within which 2,00,000 litres is treated water in sub-tanks; 2,00,000 litres of raw water and 2,00,000 litres for the fire fighting system alone.

Among the many architectural merits: Energy efficient building; buildings built with bricks -- Stucco building seen in India, though very modern in style with lines soaring vertically and massing of the stepping design in building composition. Optimum fenestration; variants of interior space comprising of villas, penthouses and apartments. Pre-planning and implementation of extensive development of Green Belt, Rainwater Harvesting, Energy Conservation Systems, Segregation & Management of Waste -- Solid and Liquid, Vermiculture and Advanced Sewage Treatment Plant make GurgaonOne a well-defined and path-breaking benchmark among eco-friendly habitats for sustainable environmental practices. Eco-measures also include technical inputs and know-how on wastewater management from consultants for recycling, drainage filtration, storm water flows, treatment options and pumping systems, use of dual flushing systems, sensor based urinals and 100% utilization of treated water for greenery.

On the civil and electrical side, GurgaonOne has energy efficient windows, building material and fittings that contribute towards energy efficiency year around in each apartment. The climate control systems at GurgaonOne are custom made and entail higher cooling and warming capacity with double duct-intake assuring 20% greater climate control as well as 10-15% conservation of power. As per standard practice, tank-less humidity vents, triple filtering system that generates refreshed ionized air, high-efficiency rotary compressor, and automatic, easy operation make it the optimum solution in year-round climate control systems in the world. The high wall mounted split air conditioning systems are positioned outdoor for easy access to servicing and are uniform and consistent in setting since they were installed during the construction stage to avoid problems of even minor structural damage.

The other environmental initiatives taken are also simple and sustainable. Green belt development including good species and eco-friendly plantation of trees, herbs and shrubs ensure a balanced environment. 5 X captive power plants. Energy efficient, silent and pollution free DG sets of total 3000 KVA ensure conservation and pollution control. Direct beam illumination consumes less energy but creates glare while diffused beam illumination consumes high energy but provides soothing light. The electrical installations at GurgaonOne have achieved a responsible combination of indirect and direct lighting for optimum utilisation of energy, while also ensuring that no glare or lighting beams are inadvertently directed at neighbours' homes.

Basic amenities at GurgaonOne include 100% power back up with 10 KW availability to each apartment, 24-hour water facility and a 3-tier security system. They have a separate dedicated water tank with a 3-level fire fighting system and charged water pumps with the capacity to propel water 120 metres up. The recreational facilities include a badminton court, squash courts, tennis court, practice cricket pitch and jogging track. The integrated health club comprises of spa, sauna, steam, massage room, gymnasium, open swimming pool, small splash pools for children; dedicated air conditioned area for gym and yoga; 2.5 acres of green area for children’s play area and party lawns in addition to 2.5 acres dedicated green area for residents besides cultural and community centre, daily needs store, underground car wash bay, parking for 500+ cars and high-speed elevators that go down to the lower basement level.

www.alphagcorp.com

Air Arabia started operations to India with the launch of services to Mumbai in March 2005. Since then, the company has achieved massive growth and currently serves 11 destinations in India, with the launch of services to New Delhi on the 31st of March 2008.

Air Arabia operates regular flights to 38 destinations across the Middle East, North Africa, CIS and Indian Subcontinent. In India alone, Air Arabia provides direct services to ten destinations; Ahmedabad, Chennai, Jaipur, Kochi, Mumbai, Nagpur, Coimbatore, Thiruvanathapuram, Bangalore and Kozhikode. Services to New Delhi will commence from 31st of March 08.

“We started services to India with the goal of providing affordable, value for money travel for customers traveling to and from the Gulf, said AK Nizar, Head of Commercial at Air Arabia. “We are absolutely delighted with the growth we have achieved in India and once again we re-assure our commitment to the goal we have set. We extend our thanks to the people and the Government of India for their continuous support”

Air Arabia’s success in India is rooted to the company’s low cost business model that focuses on providing affordable, value for money travel for customers traveling to and from the Gulf. The airline has made efforts to operate to smaller, less congested airports closer to the customer base, which has been hugely successful. In fact, Air Arabia was the first international airline to commence operations from Nagpur in October 2005.

Air Arabia also provides a great deal for holidays packages to the UAE starting from INR 8855 besides the value for money air travel the company offers, from quick and easy online booking, Visa services, new Airbus A320 aircraft and best leg room of any economy class travel.

Bookings can be easily made via the company’s website www.airarabia.com or appointed travel agents.

Source: Press release distribution via India PRwire

About Air Arabia: Air Arabia (PJSC), listed on the Dubai Financial Market, is the Middle East and North Africa’s leading low-cost carrier (LCC). Air Arabia commenced operations in October 2003 and currently operates a fleet of 11 new Airbus A320 aircraft, serving 38 destinations across Middle East, North Africa, Indian Subcontinent and Central Asia through its main hub in Sharjah, United Arab Emirates.

Air Arabia is modeled after leading American and European low-cost airlines, and its business model is customized to accommodate local preferences. Its main focus is to make air travel more convenient through Internet bookings and offering the lowest fares in the market along with the highest levels of safety and service standards. For further information, please visit: www.airarabia.com

Members of the public will be provided with details of available properties throughout County Clare, as well as information on financing and eligibility criteria.

Speaking ahead of the launch, Councillor Joe Arkins, Chairman of the Housing Strategic Policy Committee, commented, “This event represents a coming together of the key players in the affordable housing market. For example, financial institutions will give advice and information to borrowers, a solicitor will provide general information on house contracts, the Affordable Homes Partnership will promote the concept of affordable homes, while the Clare Local Authorities will advise customers on current houses available”.

Councillor Arkins continued, “This is an excellent opportunity for people to secure all the necessary information in a one–stop–shop type scenario and I am confident that many of the Council’s customers will benefit from the evening”.

To date, a total of 196 houses have been made available as Affordable Homes and it is expected that a further 50 will come on stream later this year.

Currently, there are affordable properties available at Crusheen (prices average €179,000), Clarecastle (€184,000), O’Briensbridge, Ennis and Sixmilebridge (€185,000), Newmarket-on-Fergus (€194,200), Miltown Malbay (€199,250), and Lisdoonvarna (€200,000).

“This represents excellent value in the market at present, with prices starting at €179,000 for a three bed property”, stated Mr. David Timlin, Director of Services with the Housing department of Clare County Council

He added, “The prices quoted include a fitted kitchen, downstairs toilet, master bedroom with an en suite, and exterior painting. These homes are an excellent option for a first time buyer and will suit either single or family units.”

According to Cllr. Patricia McCarthy, Mayor of Clare, “It is important to remember that after 20 years, no repayment of the original discount is due. Therefore, for the person or family who wishes to purchase their own home and live in it for their lifetime, the Affordable Home is a fabulous opportunity to acquire a home at a discount of 20% to 25%.”

The Financial Institutions, which currently provide mortgages for affordable houses, are Bank of Ireland, EBS, First Active, Haven Mortgages, IIB, and Ulster Bank. Representatives from these companies have been invited to distribute information leaflets, eligibility criteria and other information to members of the public at the upcoming information evening.

To qualify for affordable housing applicants must be a first time buyer, as a guide earn between €25k and €40k per annum, be currently employed in full time employment and must occupy the house on a full time basis. Single persons and couples may apply. If the house is sold within 20 years the applicant will have to pay back a percentage of the sale price to the Local Authority.

For further information contact the Housing Section of Clare County Council at 065-065-6846400 or see http://www.clarecoco.ie/Housing/Part_V_Afford_Housing.html.

Source: Press release distribution via India PRwire

“Enhancing reputations–Increasing exposure–Increasing understanding”

Founded in 2006, Dunphy Public Relations is a communications group led by Mark Dunphy from County Clare. Mr. Dunphy previously held the position of ‘Head of News and Current Affairs’ in Clare FM Radio.

Dunphy Public Relations has secured extensive local, national and international media coverage for clients including Clare County Council; Supply Network Shannon; The Atlantis Holiday Group; Shannon Town Council; Cliffs of Moher New Visitor Experience; Clare Museum; Digino Marketing; Renewable Energy Skillsnet; Magico.ie; Kilrush Town Council; Clonlara Wholesale; Minister for Labour Affairs, Tony Killeen; Clare County Library; and Ennis Town Council.

The company has bagged a mixed-use project located at Budvel from Hyderabad Urban Development Authority (HUDA) for development of residential, commercial and retail space over 164 acre of land.

The total investment on this project would be Rs 30 billion, including about Rs 6,640 million for land. The company expects to generate revenue of Rs 60 billion from this project. The construction work is expected to start in the next fiscal.

Unitech has also bagged a project from Andhra Pradesh Industrial Infrastructure Development Corporation (APIIDC) to develop an integrated airport township in Hyderabad on public-private partnership.

Source: Press release distribution via India PRwire

Maa properties provides property related transactions of Hyderabad Real Estate like buy, sell, rent, lease for Hyderabad plots, flats and provides tenants, maintenance for nris under three services property deals, property analysis and property care.

Commenting on the recent agitation, Essel Chairman Subhash Chandra appreciated the concerns of Cardinal Oswal Gracias about preservation of local culture and displacement of ethnic groups. He wished to reassure the locals and the Church that the Gorai SEZ project conceived by Essel, is designed to showcase local culture – not harm it. He believes that sustained development without diluting the local culture and ethnic value systems are crucial to maintain the diversity of cultures in advancing economies such as ours. He said…”we recognise this need and hence want to preserve the Gorai region for future generations, otherwise it will be taken over by the builder lobby and unscrupulous anti-local elements”.

The activists who are poisoning the minds of the locals have not done anything concrete to improve the economic conditions in the villages. Neither are they aware of how deep the relationship is between the Essel and the local population. When Esselworld was being built, the entire material and manpower requirements was procured from the locals and that today 442 locals are directly employed in Esselworld and Water Kingdom. This does not include indirect employment the Essel projects have created for numerous other villagers.

Essel has always stood for wholesome development of this region and its people. In fact all the earnings from Esselworld during the past 20 years have been reinvested in the area. “We are an integral part of the local community and feel that it is the outsiders who are creating disharmony among us” said Chairman Chandra. Ask the locals working in Esselworld and Water Kingdom about the various schemes implemented by Essel to preserve the local ecology and protect the environment and you will know the truth about our good work!

It was pointed out that if Essel had not been sensitive to the preservation of the local culture and environment, Essel Group could have exploited the land to create a commercial hub like the developments across the creek at Borivali and Malad which are a blatant violation of norms. Why have the Activists turned a blind eye to this? In fact if Essel intentions were bad it would have sold the land to a leading high profile builder who claimed that since Essel does not have the wherewithal to steamroll local sensitivities, he would develop the land!

Nilesh Mistry, Senior VP - Corporate Affairs, stated, “Activists such as Medha Patkar, Ulka Mahajan, Surekha Dalvi and others are complete outsiders to this region. They are clueless on the norms regarding development of the region and we would like to ask them if they have done anything by way of economic development that has benefited the local community in this region? We are open to withdraw from the project, but will the villagers be able to handle the means deployed by the builder lobby? ”

The whole belt from Manori to Uttan including Gorai was declared as a Recreation and Tourism Development Zone (RTDZ) by the Government in 1999 and many groups/villagers deposed before the Government for and against the proposed development. It’s difficult to understand why this agitation is being taken up now, 9 years after being passed.

Essel has also clarified that the entire development of the Essel World, Water Kingdom and the Pagoda has been within the rules and regulations laid done by law. The land for the Pagoda is donated by the promoters and it is built with the objective of fostering world peace for people from all walks of life; irrespective of caste, creed and community. Use of the Pagoda is also free.

Regarding the the Essel SEZ project it is categorically stated that the project will remain within the RTDZ regulations by using the wasteland and Essel land. There is no intent to displace any gaothans or heritage precincts in this region. On the contrary, the proposed development would showcase the gaothans, the heritage precincts, and the rich culture of the local fishing community - as the main highlights of the region.

Essel believes that the project, as conceived by it will benefit the entire community and provide a better life and a higher standing of living to future generations. Essel appeals to the community to shun the negative approach of the activists and the vested interests who are misguiding them and misrepresenting facts. Let there be a sincere and open dialogue under the auspices of the Church and the Government, and if the community is still not convinced, Essel will be happy to withdraw from the project.

Source: Press release distribution via India PRwire

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