All for a ‘Panoramic’ view of Indian realty

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After consolidating its position in hospitality sector, Mumbai-based Panoramic Universal Ltd., (flagship of Panoramic Group) is all set to enter the real-estate space. The company has lined up Rs.10 billion for expansions in India over next 3-5 years. Panoramic has already bought land worth Rs.2 billion across Maharashtra, Uttaranchal, Chandigarh and West Bengal and plans are underway to acquire 20 properties in the country. The company is currently evaluating properties in Kochi, Kerala, Chennai, Rajasthan and Delhi for the same. At present, it operates five hotels in US, one in New Zealand and three in India (in Goa, Shirdi and Malvan).

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Source : IIPM Editorial, 2007

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Rashmi Bansal Publisher of JAMMAG magazine caught red-handed, for details click on the following links.

• Hindustan Times Article - Publisher goes underground
• Rashmi Bansal (Editor of JAMMAG)
• Rashmi Bansal (Publisher of JAMMAG)