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Karan Adani,   25, recalls his early days in the family business in 2009. Most of the time was spent taking notes as he watched and learned at   Adani Ports and Special Economic Zone Ltd (APSEZ) , India's largest private port and owned by Adani Group.  

“If someone asked me my name I would just say Karan and not mention the last name,” he says.

After about six months, his colleagues came to know that he was the eldest of the two sons of Gautam Adani,   chairman of the $8 billion Adani Group.  

“This did not change anything. I was not given any special treatment. In fact, I was not even a trainee for the first year. I got my appointment letter only in 2010.”

Of the two big infrastructure streams that Adani is involved with, Karan Adani has a clear preference for one—“ports excited me more than power”.

A graduate of Purdue University in the US, Adani spent the first two years in Mundra, travelling by train (he recently got permission from his father to fly), to understand the diverse portfolio at Mundra port—it handles all types of cargos including dry, liquid and container. He went on to learn the commercial side of things—resource planning, master planning, revenue models, etc.

Following Phase One Sell-Out in Dubai, Biggest Project in Five Years Comes to Mumbai, Delhi

Mumbai, Maharashtra, India, Tuesday, April 02, 2013 -- (Business Wire India) --

DAMAC Properties, the Middle East's largest luxury private developer, is launching phase two of a US$1 billion luxury hotel and serviced residences to Indian investors, following a sell-out event in Dubai.

DAMAC Towers by Paramount offers luxury living with stunning views in one of the most sought-after locations in the world. (Photo: Business Wire)

Hyderabad, Andhra Pradesh, India, Thursday, April 04, 2013 -- (Business Wire India) -- ArthaYantra.com, India's first integrated personal financial service company, has concluded an exclusive research on the real estate market in Seven Cities: Mumbai, Delhi NCR, Chennai, Kolkata, Bangalore, Hyderabad and Pune . The research aims to provide merit based answer to the important question of buying vs. renting to salaried professionals (Annual salary range 8-25 lakhs). The research analyses the cost associated with owning and renting a house across different prime localities in the above cities.

The first phase of DAMAC Towers by Paramount, a luxury hotel and serviced residences in the Burj Khalifa Area of Dubai, has sold out the first phase during an exclusive invite-only launch event.

A packed house for the launch of DAMAC Towers by Paramount, luxury serviced hotel & residences in the Burj Khalifa area of Dubai (Photo: Business Wire)

More than 1,000 investors were in attendance at the IMAX cinema at Meydan Hotel for the 'premiere' of the US$1 billion development. Executives hailed the evening as one of the most successful launches since the Dubai property market resurgence of the past twelve months.

Clients came from as far afield as the UK, KSA, Lebanon, India, Nigeria and Russia.

An interview with Neha Hiranandani, Director, House of Hiranandani

1) Do tell us about the House of Hiranandani?

House of Hiranandani (HoH) is a leading business conglomerate and pioneer of destination projects in India. HoH’s USP is in creating well planned communities across segments and needs that are productive. Hence it has segmented its products into 3 distinct categories of residential projects-the ultra-premium Signature range, the Upscale range and the mid-market Urbania range. Under its umbrella it has schools, entertainment, hospitality and healthcare.

2) Can you dwell on the current projects and those in the pipeline at HoH?

In Chennai, we are focusing on the city’s first integrated, large scale community, a 110 acre mixed-use development at OMR Chennai. It’s an ambitious mixed-use development community, which will be developed in subsequent Phases. We already have about 200 happy families residing in the community. Our school within the community is functional, and we will be shortly launching our retail and entertainment verticals.

Larsen & Toubro (L&T) Deploys RFID Enabled Vehicle Tracking System at Hazira to Ensure Heightened Security

Mumbai, Maharashtra, India, Wednesday, March 20, 2013 -- (Business Wire India) -- With a view to provide enhanced security to L & T - Hazira premises, an RFID based Vehicle Tracking Solution was implemented by Mumbai based Essen RFID . The RFID solution shall ensure real-time tracking for the purposes of security, parking & access control. Essen RFID's Vehicle Tracking System has also been implemented successfully at Hiranandani Residential Complex at Powai & for Renuka Sugars at Gulbarga. The automated system implementation has helped in manpower optimization besides realizing time & cost savings for the organization.

S ujay Kalele, Chief Executive Officer of  Kolte-Patil Developers    credits realty developer's projects in Pune and Bangalore for their robust performance in the second quarter. The company more than doubled its net profit at Rs 19.6 crore in the quarter in focus and sold 0.8 million square feet at the average prices of Rs 4,300 per square feet in Pune alone.

Revel in the freshness of the air, enjoy the comfort of complete privacy and immerse yourself in the lap of luxury at Prestige Glenwood.

This quietly elegant, picture perfect community of twin houses and independent villas is Located at Budigere Cross, off Old Madras Road, Bangalore just a short drive away from the city and airport.

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.

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