Delhi, India

PBEL plans investment worth INR 180 crore in Chennai

As reported in Business Standard, PBEL Property Development (India) is all set to invest INR 180 crore to build a residential and commercial project on 42 acres of land parcel at Old Mahabalipuram Road in Chennai. PBEL Property Development (India) is a joint venture between Israel-based Property and Building Corporation (PBC), Electra Real estate and INCOR Infrastructure.

Shoppers Stop plans investment worth INR 1,500 crore for its expansion

According to the reports in The Financial Express, Shoppers Stop is planning to expand with an investment of INR 1,500 crore over the next three years. Company plans to double its outlets to 48.

Leela acquires 7 acres of land near Taj Mahal

Leela Hotels has acquired seven acres of land near the Taj Mahal for building a five-star deluxe hotel with 300 rooms, reports The Economic Times.

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