Organizations

Gurgaon: June 2013: One of the emerging real estate companies of India, Advance India Builders & Promoters Pvt. Ltd. (AIBPL) has launched their ambitious project "Advance Saaga Castle" a unique mixed-use commercial development being constructed for the first time in Bhiwadi on Bhiwadi-Alwar Express Highway (SH-25). It will be the tallest commercial tower in Bhiwadi and surrounded by many residential projects that already taken possession.

Saaga means Legend and Castle denote Tower, so the name Advance Saaga Castle represents an adventurous legend tower with a bunch of different concept and will be one of the prominent iconic tower.

According to Mr. Ajay Yadav, Chairman, Advance India Builders & Promoters P. Ltd. "We are happy to launch the tallest commercial tower of Bhiwadi, The project will be similar to international towers and it accommodates all the facilities under a single roof, fun, entertainment, shopping, food court, offices, and the luxury maharaja suite.

New Delhi June 2013: Godrej Properties Limited (GPL) (BSE scrip id: GODREJPRP), the real estate development arm of the Godrej Group, through its subsidiary, has entered into a Development Agreement with M/s Southend Infrastructure Private Limited, to develop a 5 acre property situated in Okhla Phase 1, New Delhi. The project will be developed as a luxury residential group housing project.
This prime parcel of land is strategically located near affluent parts of South Delhi on the main road going towards Mathura Road from Greater Kailash. Upcoming road infrastructure will further enhance the connectivity of the project to Central Delhi, Noida, Jasola, and Faridabad.

The Mumbai based real estate developer commences construction on its landmark

commercial development in Bandra Kurla Complex, Mumbai

Godrej Properties Ltd. (GPL) (BSE: GODREJPRP), the real estate development arm

of the Godrej Group, today announced the launch of its landmark commercial

development, Godrej BKC. Godrej BKC occupies a corner plot in the middle of

India's most prestigious and desirable commercial address, the Bandra-Kurla

Complex. At 1.3 million square feet, this is one of the largest real estate development

projects launched in the city. The construction of Godrej BKC has commenced and

the project is expected to be complete in 2015.

• DLF announces Q2 FY13 results
• Revenue at Rs 2,157 Crore
• Net profit at Rs 139 Crore

Editors Synopsis:

Financial Highlights –

Q2 FY13 (all comparisons with Q2 FY12)

• Consolidated Revenue at Rs 2,157  crore, down by 16% from Rs 2,577 crore
• EBIDTA at Rs 864 crore, down   by 29% from Rs 1216 crore
• Consolidated PAT at Rs 139  crore, compared to Rs 372 crore
• EPS for the quarter at Rs 0.81