Vancouver tycoon to build Asian city
A low-profile Indo-Canadian tycoon from Vancouver is set to embark on Asia's largest real estate development--a new C$3 billion Indian smart city located in an area three times the size of Stanley Park. The project called Royal Garden City in Bangalore is the brainchild of Manoj Benjamin, chairman and CEO of Royal Indian Raj International Corp., (RIRIC) which is headquartered in Vancouver. The family-owned company has been quietly assembling large parcels of land in India and securing global contacts over the past eight years for what it describes as a "labour o
Почему важно внедрять CRM и колл-центр (интеграция с сервисами Google)CRM Technologies LLC
Презентация на открытии Google Business Group в Бишкеке 12 декабря 2014 года.
Кратко об интеграции сервисов Гугл с CRM-системой bpmonline, о важности внедрения CRM и колл-центра и телефонии в компании.
Este documento describe las técnicas y consideraciones para la anestesia local en odontopediatría. Explica métodos para controlar el dolor y preparar al niño, así como detalles sobre la inervación, instrumental, materiales y medicamentos utilizados. Describe las técnicas infiltrativa, troncular y de bloqueo del nervio dentario inferior, y posibles complicaciones como fracaso de la anestesia o parálisis facial pasajera. El objetivo es realizar procedimientos odontológicos en niños de manera segura y con la menor ansiedad
This document discusses mental health and related topics. It provides statistics on the prevalence of mental illness among young people and different demographic groups. It also discusses the types of functional mental illnesses like psychosis, neurosis and personality disorders. The document addresses the stigma around mental illness and how stigma can prevent treatment and limit life opportunities. It mentions various organizations that work to raise awareness and reduce the stigma of mental illness through education and fundraising.
Featured product barite grinding machine with ceisoAmmy Cheng
The document summarizes a barite grinding machine that can grind materials to a fineness between 325-2500 mesh. It has high efficiency and long-lasting parts. It consists of a main mill, classifier, speed reducer, blower, and other components. It is produced by Shanghai Clirik Machinery, which specializes in mining equipment and has a professional R&D and production team. Inquiries are welcomed to get a customized quotation.
The document summarizes GroupLink's appreciation dinner for its customers. It introduces the presenters and customer care team. It also provides information on upcoming webinars, referral programs, surveys, and an overview of GroupLink's everything HelpDesk and Explorer products and roadmap. The document aims to thank customers and provide information on GroupLink's solutions to common IT problems organizations face.
Почему важно внедрять CRM и колл-центр (интеграция с сервисами Google)CRM Technologies LLC
Презентация на открытии Google Business Group в Бишкеке 12 декабря 2014 года.
Кратко об интеграции сервисов Гугл с CRM-системой bpmonline, о важности внедрения CRM и колл-центра и телефонии в компании.
Este documento describe las técnicas y consideraciones para la anestesia local en odontopediatría. Explica métodos para controlar el dolor y preparar al niño, así como detalles sobre la inervación, instrumental, materiales y medicamentos utilizados. Describe las técnicas infiltrativa, troncular y de bloqueo del nervio dentario inferior, y posibles complicaciones como fracaso de la anestesia o parálisis facial pasajera. El objetivo es realizar procedimientos odontológicos en niños de manera segura y con la menor ansiedad
This document discusses mental health and related topics. It provides statistics on the prevalence of mental illness among young people and different demographic groups. It also discusses the types of functional mental illnesses like psychosis, neurosis and personality disorders. The document addresses the stigma around mental illness and how stigma can prevent treatment and limit life opportunities. It mentions various organizations that work to raise awareness and reduce the stigma of mental illness through education and fundraising.
Featured product barite grinding machine with ceisoAmmy Cheng
The document summarizes a barite grinding machine that can grind materials to a fineness between 325-2500 mesh. It has high efficiency and long-lasting parts. It consists of a main mill, classifier, speed reducer, blower, and other components. It is produced by Shanghai Clirik Machinery, which specializes in mining equipment and has a professional R&D and production team. Inquiries are welcomed to get a customized quotation.
The document summarizes GroupLink's appreciation dinner for its customers. It introduces the presenters and customer care team. It also provides information on upcoming webinars, referral programs, surveys, and an overview of GroupLink's everything HelpDesk and Explorer products and roadmap. The document aims to thank customers and provide information on GroupLink's solutions to common IT problems organizations face.
SnapGene is software that allows users to visualize and annotate DNA sequences. It can be used to plan cloning experiments and PCR strategies through features like restriction enzyme mapping and primer design. SnapGene provides customizable views of sequences and their annotations. It aims to help researchers fully document their molecular biology work to save time and money.
VPS Hosting Providers Mumbai - A Pace Infonet VPS gives you autonomous control of a virtual server. You get a genuine gateway to the cloud with total freedom, at unparalleled value for money.
In this webinar, speaker Candis Bowles, Managing Attorney at Disability Rights California, Los Angeles Regional Office, discusses:
- What is E.S.S.A.?
- How it differs from No Child Left Behind
- How E.S.S.A. addresses students with disabilities
- I.E.P. considerations in light of E.S.S.A.
- What E.S.S.A. says about postsecondary education and employment
- How to find out status of E.S.S.A. in your state
Miguel Indurain is a Spanish cyclist who had major accomplishments between 1978 and 1996. Some of his wins include the Tour de France five times consecutively between 1991 and 1995, as well as the Olympic Time Trial Championship in 1996. He was born in Spain and had a family with his wife and three children. Traditional Spanish foods mentioned include tortilla española, marzipan, and gazpacho. A recipe for marzipan is also included.
Kontti keskellä kylää - tutkimus- ja osallistumismenetelmäkokeiluMinna Santaoja
Tammelan täydennysrakentamiseen liittyvässä tutkimushankkeessamme toimme syyskuussa 2014 kymmeneksi päiväksi Tampereen Tammelantorille toimistokontin, jossa keskustelimme tammelalaisten kanssa kaupunginosan kehittämisestä. Esitykseen on koottu kontissa kerättyä palautetta.
THE TIMES OF INDIA LARGEST FOREIGN MOOLAH FOR NRI CITYManoj Benjamin
Largest foreign moolah for NRI City
Royal Indian Raj will be one of India’s largest
foreign direct investment projects and Asia’s largest
new city development to date. And it could change the
face and image of Bangalore.
Manoj Benjamin
Chief Justice Saldanha& Mr Collins Benjamin
We are talking about Jagdish Tytler’s NRI City. Or, as its promoters
call it, Royal Garden City. As per the plans of the US-based
promoters Royal Indian Raj International corporation (RIRIC), the
city will be built at a cost of $2.95 billion (approx.Rs 13,800 crore)
and have a retail value of $8.9 billion (approx. Rs 41,400 crore).
Construction of the city -- situated approximately 20 km from Bangalore
in the direction of the proposed Devanahalli international airport
-- is scheduled to commence in early 2005 and is expected to
be completed in phases by 2015. According to a RIRIC release announcing
the appointment of Jones Lang LaSalle (JLL) as the real
estate adviser for the project, the Bangalore project will have 35,000
residential units, a central business district, industrial district, entertainment district, parks, restaurants,
shopping, educational facilities, and civic amenities. An estimated 3,00,000 to 5,00,000 people are
expected to live, work and play daily within the 3,000-acre city.
It is expected to be a modern “smart city”, including being completely Web-enaabled
and built with the latest technologies. JLL is expected to use its global capital markets
$9 billion real-estate project named Royal Garden City. RIRIC Rated No# 1 FD...Manoj Benjamin
Royal Indian Raj International Ltd (RIRIC) Rated No# 1 Foreign Direct Investment into Smart Cities in India. $9 billion real-estate project named Royal Garden City.
OCO Consulting Monthly Investment Monitor
SMART CITIES IN INDIA
Largest foreign moolah for NRI City
Royal Indian Raj will be one of India’s largest foreign direct investment projects and Asia’s largest
new city development to date. And it could change the face and image of Bangalore.
We are talking about Jagdish Tytler’s NRI City. Or, as its pro-
moters call it, Royal Garden City. As per the plans of the US-based
promoters Royal Indian Raj International corporation (RIRIC), the
city will be built at a cost of $2.95 billion (approx.Rs 13,800 crore)
and have a retail value of $8.9 billion (approx. Rs 41,400 crore).
Construction of the city -- situated approximately 20 km from Ban-
galore in the direction of the proposed Devanahalli international air-
port -- is scheduled to commence in early 2005 and is expected to
be completed in phases by 2015. According to a RIRIC release an-
nouncing the appointment of Jones Lang LaSalle (JLL) as the real
estate adviser for the project, the Bangalore project will have 35,000
residential units, a central business district, industrial district, entertainment district, parks, restaurants, shopping, educational facilities, and civic amenities. An estimated 3,00,000 to 5,00,000 people are expected to live, work and play daily within the 3,000-acre city.
It is expected to be a modern “smart city”, including being completely Web-enaabled and built with the latest technologies. JLL is expected to use its global capital markets capability to introduce investores, occupiers and joint venture parners to “this un- precedented investment opportunity”.
Integrated Township in Bangalore, India
Luxury Residences, Fitness Center, Tennis Court/Swimming Pool,Clubhouse, Luxury Spa,Italian Gardens,Hobby Farm,Walking/Jogging Trails,Vilage Square with a Hotel,International Shops & Restaurants.
Royal Indian Raj International Ltd Corporate Brochure Manoj Benjamin
This document provides an overview of Royal Indian Raj International Corporation (RIRIC), a company focused on infrastructure development projects in India. RIRIC plans to invest in five key business sectors: urban infrastructure and housing, road building, broadband communications, e-commerce/IT, and broadcast/entertainment. Its long-term master development plan aims to introduce advanced technologies from global partners across these sectors to unlock India's growth potential and generate high returns for investors. RIRIC has secured important government approvals and connections at high levels, and is well-positioned to capitalize on India's economic reforms and booming middle class as the first foreign entrant across these industries.
Building India for the New Millennium-Indian Opinion Express -Manoj Benjamin ...Manoj Benjamin
The document discusses India's top 20 cities based on an extensive survey. Delhi retains the number one position given its status as the national capital and prominence as a political and commercial center. Mumbai ranks second as the financial capital of India, though its infrastructure development has been slower than Delhi. Chennai ranks third as the largest city in Tamil Nadu and gateway to South India. Bangalore ranks fourth and is known as the "Silicon Valley of India" due to its position as a leading IT exporter and hub for high-tech industries.
Buisness And Economy Most influential of 2007 -Manoj BenjaminManoj Benjamin
WITH THE LOOKS, COME $2.9 BILLION
Manoj Benjamin! That’s the name the Indian realty sector wants to get to know well, and real soon, for with $2.9 billion of planned foreign direct investment in the real estate arena, in one shot, he becomes the king colada, the big enchilada, and for the sake of simple words, the number one player in the sector. If this man’s name has a huge twang of an ethnic touch, wait till you hear about his corporation of which he is Chairman – Royal Indian Raj International Corporation.
The fact is that in the year 2007, the real-estate sector is expected to better the already high growth being shown; and that despite the RBI’s consecutive hikes to the prime lending rates in an attempt to curb demand push inflation. According to Assocham, the FDI in this sector is expected to rise by 10% in FY 07. It has also forecasted that in FY07, the real-estate sector would attract 26% of total FDI in the country. And to take advantage of that, Manoj is planning to bring this huge FDI under the Integrated Township Development Program, a scheme of the Indian government. With his investment, he has left behind heavyweights like Blackstone Group & Goldman Sachs (which have plans to invest around $1 billion each) and even the Dubai-based Emmar group (investing $800 million).
Royal Indian Raj International Corporation Gateway to India Manoj Benjamin
Royal Indian Raj International Corporation (RIRIC) is a leading real estate developer in India that partners with global companies. It plans large-scale, mixed-use developments like a 3,000 acre sub-city near Bangalore airport and a 5,000 acre waterfront city near Mumbai that will house over 100 million square feet of commercial and residential space. RIRIC has been recognized as the top foreign direct investor in India and its CEO was named one of the 100 most influential people of 2007 due to its success developing infrastructure projects and strategic alliances.
Walking in the Steps of a Legend. Jack Nicklaus in India with Royal Indian Raj International Corporation Chairman Manoj Benjamin in the Golf India Programe.
The document is a media kit for Royal Indian Raj International Corporation's (RIRIC) Golf India initiative which aims to develop golf courses and resorts across India.
The media kit includes articles and advertisements about RIRIC launching Golf India and signing agreements with Jack Nicklaus and his design company to build signature golf courses in India. It also provides background on RIRIC and Golf India's leadership and their vision to grow golf in India.
Govt Securities Regulator dismisses Fraud Allegations into Royal Indian Raj I...Manoj Benjamin
British Columbia Securities Commission Dismisses Fraud Allegations into Royal Indian Raj International Corporation Royal Indian Raj International Corporation (RIRIC) Resumes Chain of Proprietary "Smart Green Townships" in India
National Real Estate Development Council (NAREDCO) speech building a New Ind...Manoj Benjamin
1) India faces a massive housing shortage of 80 million units, with infrastructure in need of modernization to support its growing population.
2) China has attracted over $350 billion in foreign direct investment since 1980 by prioritizing infrastructure development, pouring $761 billion into over 1500 projects.
3) For India to attract greater foreign investment, it must accelerate reforms like deregulation, privatization, and an improved regulatory system to attract the hundreds of billions needed to fund infrastructure and close the housing gap.
India Real Estate -Royal Indian Raj International Your Gateway to India Manoj Benjamin
This document summarizes the activities and projects of Royal Indian Raj International Corporation (RIRIC), a real estate development company focused on India. RIRIC has been named the top foreign direct investor in India and its CEO was named one of the top 100 most influential people. RIRIC is developing large, mixed-use cities near major cities like Bangalore and Mumbai, with projects totaling millions of square feet of residential and commercial space. The company works with global partners and utilizes international models to capitalize on opportunities in India's growing economy and real estate market.
SnapGene is software that allows users to visualize and annotate DNA sequences. It can be used to plan cloning experiments and PCR strategies through features like restriction enzyme mapping and primer design. SnapGene provides customizable views of sequences and their annotations. It aims to help researchers fully document their molecular biology work to save time and money.
VPS Hosting Providers Mumbai - A Pace Infonet VPS gives you autonomous control of a virtual server. You get a genuine gateway to the cloud with total freedom, at unparalleled value for money.
In this webinar, speaker Candis Bowles, Managing Attorney at Disability Rights California, Los Angeles Regional Office, discusses:
- What is E.S.S.A.?
- How it differs from No Child Left Behind
- How E.S.S.A. addresses students with disabilities
- I.E.P. considerations in light of E.S.S.A.
- What E.S.S.A. says about postsecondary education and employment
- How to find out status of E.S.S.A. in your state
Miguel Indurain is a Spanish cyclist who had major accomplishments between 1978 and 1996. Some of his wins include the Tour de France five times consecutively between 1991 and 1995, as well as the Olympic Time Trial Championship in 1996. He was born in Spain and had a family with his wife and three children. Traditional Spanish foods mentioned include tortilla española, marzipan, and gazpacho. A recipe for marzipan is also included.
Kontti keskellä kylää - tutkimus- ja osallistumismenetelmäkokeiluMinna Santaoja
Tammelan täydennysrakentamiseen liittyvässä tutkimushankkeessamme toimme syyskuussa 2014 kymmeneksi päiväksi Tampereen Tammelantorille toimistokontin, jossa keskustelimme tammelalaisten kanssa kaupunginosan kehittämisestä. Esitykseen on koottu kontissa kerättyä palautetta.
THE TIMES OF INDIA LARGEST FOREIGN MOOLAH FOR NRI CITYManoj Benjamin
Largest foreign moolah for NRI City
Royal Indian Raj will be one of India’s largest
foreign direct investment projects and Asia’s largest
new city development to date. And it could change the
face and image of Bangalore.
Manoj Benjamin
Chief Justice Saldanha& Mr Collins Benjamin
We are talking about Jagdish Tytler’s NRI City. Or, as its promoters
call it, Royal Garden City. As per the plans of the US-based
promoters Royal Indian Raj International corporation (RIRIC), the
city will be built at a cost of $2.95 billion (approx.Rs 13,800 crore)
and have a retail value of $8.9 billion (approx. Rs 41,400 crore).
Construction of the city -- situated approximately 20 km from Bangalore
in the direction of the proposed Devanahalli international airport
-- is scheduled to commence in early 2005 and is expected to
be completed in phases by 2015. According to a RIRIC release announcing
the appointment of Jones Lang LaSalle (JLL) as the real
estate adviser for the project, the Bangalore project will have 35,000
residential units, a central business district, industrial district, entertainment district, parks, restaurants,
shopping, educational facilities, and civic amenities. An estimated 3,00,000 to 5,00,000 people are
expected to live, work and play daily within the 3,000-acre city.
It is expected to be a modern “smart city”, including being completely Web-enaabled
and built with the latest technologies. JLL is expected to use its global capital markets
$9 billion real-estate project named Royal Garden City. RIRIC Rated No# 1 FD...Manoj Benjamin
Royal Indian Raj International Ltd (RIRIC) Rated No# 1 Foreign Direct Investment into Smart Cities in India. $9 billion real-estate project named Royal Garden City.
OCO Consulting Monthly Investment Monitor
SMART CITIES IN INDIA
Largest foreign moolah for NRI City
Royal Indian Raj will be one of India’s largest foreign direct investment projects and Asia’s largest
new city development to date. And it could change the face and image of Bangalore.
We are talking about Jagdish Tytler’s NRI City. Or, as its pro-
moters call it, Royal Garden City. As per the plans of the US-based
promoters Royal Indian Raj International corporation (RIRIC), the
city will be built at a cost of $2.95 billion (approx.Rs 13,800 crore)
and have a retail value of $8.9 billion (approx. Rs 41,400 crore).
Construction of the city -- situated approximately 20 km from Ban-
galore in the direction of the proposed Devanahalli international air-
port -- is scheduled to commence in early 2005 and is expected to
be completed in phases by 2015. According to a RIRIC release an-
nouncing the appointment of Jones Lang LaSalle (JLL) as the real
estate adviser for the project, the Bangalore project will have 35,000
residential units, a central business district, industrial district, entertainment district, parks, restaurants, shopping, educational facilities, and civic amenities. An estimated 3,00,000 to 5,00,000 people are expected to live, work and play daily within the 3,000-acre city.
It is expected to be a modern “smart city”, including being completely Web-enaabled and built with the latest technologies. JLL is expected to use its global capital markets capability to introduce investores, occupiers and joint venture parners to “this un- precedented investment opportunity”.
Integrated Township in Bangalore, India
Luxury Residences, Fitness Center, Tennis Court/Swimming Pool,Clubhouse, Luxury Spa,Italian Gardens,Hobby Farm,Walking/Jogging Trails,Vilage Square with a Hotel,International Shops & Restaurants.
Royal Indian Raj International Ltd Corporate Brochure Manoj Benjamin
This document provides an overview of Royal Indian Raj International Corporation (RIRIC), a company focused on infrastructure development projects in India. RIRIC plans to invest in five key business sectors: urban infrastructure and housing, road building, broadband communications, e-commerce/IT, and broadcast/entertainment. Its long-term master development plan aims to introduce advanced technologies from global partners across these sectors to unlock India's growth potential and generate high returns for investors. RIRIC has secured important government approvals and connections at high levels, and is well-positioned to capitalize on India's economic reforms and booming middle class as the first foreign entrant across these industries.
Building India for the New Millennium-Indian Opinion Express -Manoj Benjamin ...Manoj Benjamin
The document discusses India's top 20 cities based on an extensive survey. Delhi retains the number one position given its status as the national capital and prominence as a political and commercial center. Mumbai ranks second as the financial capital of India, though its infrastructure development has been slower than Delhi. Chennai ranks third as the largest city in Tamil Nadu and gateway to South India. Bangalore ranks fourth and is known as the "Silicon Valley of India" due to its position as a leading IT exporter and hub for high-tech industries.
Buisness And Economy Most influential of 2007 -Manoj BenjaminManoj Benjamin
WITH THE LOOKS, COME $2.9 BILLION
Manoj Benjamin! That’s the name the Indian realty sector wants to get to know well, and real soon, for with $2.9 billion of planned foreign direct investment in the real estate arena, in one shot, he becomes the king colada, the big enchilada, and for the sake of simple words, the number one player in the sector. If this man’s name has a huge twang of an ethnic touch, wait till you hear about his corporation of which he is Chairman – Royal Indian Raj International Corporation.
The fact is that in the year 2007, the real-estate sector is expected to better the already high growth being shown; and that despite the RBI’s consecutive hikes to the prime lending rates in an attempt to curb demand push inflation. According to Assocham, the FDI in this sector is expected to rise by 10% in FY 07. It has also forecasted that in FY07, the real-estate sector would attract 26% of total FDI in the country. And to take advantage of that, Manoj is planning to bring this huge FDI under the Integrated Township Development Program, a scheme of the Indian government. With his investment, he has left behind heavyweights like Blackstone Group & Goldman Sachs (which have plans to invest around $1 billion each) and even the Dubai-based Emmar group (investing $800 million).
Royal Indian Raj International Corporation Gateway to India Manoj Benjamin
Royal Indian Raj International Corporation (RIRIC) is a leading real estate developer in India that partners with global companies. It plans large-scale, mixed-use developments like a 3,000 acre sub-city near Bangalore airport and a 5,000 acre waterfront city near Mumbai that will house over 100 million square feet of commercial and residential space. RIRIC has been recognized as the top foreign direct investor in India and its CEO was named one of the 100 most influential people of 2007 due to its success developing infrastructure projects and strategic alliances.
Walking in the Steps of a Legend. Jack Nicklaus in India with Royal Indian Raj International Corporation Chairman Manoj Benjamin in the Golf India Programe.
The document is a media kit for Royal Indian Raj International Corporation's (RIRIC) Golf India initiative which aims to develop golf courses and resorts across India.
The media kit includes articles and advertisements about RIRIC launching Golf India and signing agreements with Jack Nicklaus and his design company to build signature golf courses in India. It also provides background on RIRIC and Golf India's leadership and their vision to grow golf in India.
Govt Securities Regulator dismisses Fraud Allegations into Royal Indian Raj I...Manoj Benjamin
British Columbia Securities Commission Dismisses Fraud Allegations into Royal Indian Raj International Corporation Royal Indian Raj International Corporation (RIRIC) Resumes Chain of Proprietary "Smart Green Townships" in India
National Real Estate Development Council (NAREDCO) speech building a New Ind...Manoj Benjamin
1) India faces a massive housing shortage of 80 million units, with infrastructure in need of modernization to support its growing population.
2) China has attracted over $350 billion in foreign direct investment since 1980 by prioritizing infrastructure development, pouring $761 billion into over 1500 projects.
3) For India to attract greater foreign investment, it must accelerate reforms like deregulation, privatization, and an improved regulatory system to attract the hundreds of billions needed to fund infrastructure and close the housing gap.
India Real Estate -Royal Indian Raj International Your Gateway to India Manoj Benjamin
This document summarizes the activities and projects of Royal Indian Raj International Corporation (RIRIC), a real estate development company focused on India. RIRIC has been named the top foreign direct investor in India and its CEO was named one of the top 100 most influential people. RIRIC is developing large, mixed-use cities near major cities like Bangalore and Mumbai, with projects totaling millions of square feet of residential and commercial space. The company works with global partners and utilizes international models to capitalize on opportunities in India's growing economy and real estate market.
The document discusses Royal Indian Raj International Corporation's (RIRIC) plans to capitalize on opportunities in India's growing economy by implementing a Master Development Plan across 5 sectors over 5 years. RIRIC will partner with global leaders to introduce advanced infrastructure technologies in urban development, transportation, broadband/IT, e-commerce/education, and media/entertainment. The goal is to help modernize India's infrastructure and unlock its economic potential by establishing integrated and synergistic businesses across these sectors.
Business & Economy Most influential People of 2007 Manoj BenjaminManoj Benjamin
This document profiles two influential Indian businesspeople in 2007 - Manoj Benjamin and Anil Aggarwal. Manoj Benjamin is the chairman of Royal Indian Raj International Corporation and plans to bring $2.9 billion in foreign direct investment to real estate development projects in major Indian cities like New Delhi, Mumbai, and Bangalore. Anil Aggarwal is the chairman of Vedanta Resources, a metals and mining group. In 2007, Vedanta Resources was profitable due to high commodity prices and Aggarwal announced a $1.9 billion power plant project in Orissa, India, though some were skeptical of his expansion. Both businesspeople were pursuing large investment projects in India that could significantly impact its economy.
The SVN® organization shares a portion of their new weekly listings via their SVN Live® Weekly Property Broadcast. Visit https://svn.com/svn-live/ if you would like to attend our weekly call, which we open up to the brokerage community.
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BEST FARMLAND FOR SALE | FARM PLOTS NEAR BANGALORE | KANAKAPURA | CHICKKABALP...knox groups real estate
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Dholera Smart City Latest Development Status 2024.pdfShivgan Infratech
Explore the latest development status of Dholera Smart City in 2024. Discover the progress, infrastructure, and future plans of India's first greenfield smart city.
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Vancouver tycoon to build Asian city - Asian Pacific Post
1. Vancouver tycoon to build Asian city
Thu, October 20 2004
A low-profile Indo-Canadian tycoon from Vancouver is set to embark on Asia's largest real estate
development--a new C$3 billion Indian smart city located in an area three times the size of
Stanley Park. The project called Royal Garden City in Bangalore is the brainchild of Manoj
Benjamin, chairman and CEO of Royal Indian Raj International Corp., (RIRIC) which is
headquartered in Vancouver. The family-owned company has been quietly assembling large
parcels of land in India and securing global contacts over the past eight years for what it describes
as a "labour of love".
"There is nothing like this happening
in Asia today...Our goal is to develop
the New India, modernizing housing
and businesses and realizing a self-
sustaining city of the future for this
country and its inhabitants." Manoj
Benjamin”
The development which is scheduled to break ground early next year is expected to cash in on the
booming economy of Bangalore--the outsourcing capital of the world, overseas Indians returning
home and the burgeoning middle-class in the subcontinent. "There is nothing like this happening
in Asia today. We are exporting Western technology to modernize the city, creating an economic
and technological connection between East and West, and creating thousands and thousands of
jobs," states Benjamin. "Our goal is to develop the New India, modernizing housing and
businesses and realizing a self-sustaining city of the future for this country and its inhabitants."
When completed, the Royal Garden City in Bangalore is expected to be the base for between
300,000 and 500,000 people who will live, work and play on 11.4 million square feet that will
include 35,000 residential units, a central business district, an industrial district, an entertainment
district, parks, restaurants, shopping, educational facilities, and civic amenities. The retail value
of the proposed Internet-friendly city, which is to be located about 15 miles from downtown
Bangalore and three miles from the new Bangalore International Airport, is expected to top US $9
billion when fully completed in 2015. Residential unit prices are expected to range from US
$60,000 to US $80,000 for about 3,000 square feet but the company warns that this will likely
increase after Royal Garden City in Bangalore becomes a preferred address. The city is to have
bungalows, townhouses and apartments in enclaves modeled after luxurious western subdivisions
with names like "Venice", "Hamptons" and "Soho".
2. Continued from page 1
Benjamin's Royal Indian Raj recently got approval for Foreign Direct investments for the
Bangalore project from the Indian government, which last year lifted restrictions on foreign
ownership of land. The company has also lined CPG Corp formerly known as the Singapore
Public Works Department, AB Strangbetong, a European construction company and global realty
giant Jones Lang LaSalle as partners. The Bangalore project is the first of four Royal Garden
Cities that RIRIC plans to build in India. The three others are expected to come up in Mumbai,
Delhi and Kolkata. The Mumbai project is scheduled to be launched in the beginning of 2006
over 5,000 acres of land across the harbour from the Gateway of India, Benjamin told Indian
media recently. Not much is in the public domain about the Benjamin’s who have kept a low
profile until recently. Manoj Benjamin was only seven when dad Collins Benjamin left India for
Canada in 1969 and got into a variety of businesses in Atlantic Canada. In 1970 he launched his
career in real estate establishing Benjamin Real Estate in Dartmouth, N.S., Sinma Investments
Ltd. in Halifax, N.S., Shammah Investments Ltd. in Dartmouth, N.S. and Carriage Lane Fine
Homes Ltd. in Vancouver, BC. In the early 90s, as India beckoned foreign investors by opening
up its economy, the Benjamin’s began thinking about Royal Indian Raj, which was to be a vehicle
with a specific India focus. Around this time the Benjamin's moved to Vancouver where they
developed several housing projects. Royal Indian Raj was incorporated in 1999 in Nevada, U.S. It
is now headquartered on Hastings Street in Vancouver and has offices in India and Britain. Manoj
Benjamin is listed on the company website as being a self-made millionaire by the time he was
24. The Times of India in a recent report said projects like Royal Garden City have given Asian
real estate developers a new focus in India--meeting the needs of the cash-rich returning Indian.
They're indicative of a major push in India's real estate sector to woo overseas Indians, the paper
said. In addition to Royal Indian Raj, the Delhi-based Omaxe Group is setting up an exclusive
city for Non-Resident Indians (NRI) in Noida. The group has also launched a US $24.22 million
project for wealthy Indians, both resident and non-resident called 'The Forest' in an adjoining
325-acre green belt. The Forest will also have amenities such as a conference room with
broadband connectivity, a multi-cuisine restaurant, swimming pool, gymnasium, snooker, pool
and squash rooms, a tennis court and children's play area. Rotha’s Goel chairman of the MD
Omaxe Group told the paper: "The time was never so right for NRI's to invest in real estate in
India. Many NRI's are coming back to India because of the vibrancy in the economy. "For them,
buying real estate here is not just an investment option but also a matter of emotion. But once
they are back in India, they certainly don't want to compromise on their living standards. They
want to live in the same environment they were used to in the West. This has triggered a boom in
the construction industry. We are just seeing the early days of demand for quality houses by
overseas Indians." Other developers who have jumped into India's real estate market with
residential and mixed-used projects including Malaysia's Kontur Bintang and IJM Berhad and
Singapore's Keppel Land and Lee Kim Tah Holdings. The Benjamin's Royal Garden City dwarfs
the other projects but their limited track record in mega-real estate projects has led to some
skepticism as to whether Royal India Raj is capable of handling such a mammoth task. So far the
company seems to be moving in the right direction. It has signed an agreement with New York
investment bank Global Emerging Markets to sell an equity stake in the Bangalore project for 300
million British pounds.
3. High tech Bangalore is to be the site of the smart city project
Royal Indian Raj must however get listed on a European stock exchange, which the company
says it will do next year. As part of its land bank, Royal Indian Raj now boasts over 10,000 acres
of clear titled land in India and Delhi and has been meeting with local village and town officials
who seem supportive. Last August, India's Finance Minister P. Chidambaram approved the
foreign direct investment in the project. The Benjamin's minimal track record in real estate
development, however, has been a stumbling block. One Indian business commentator recently
questioned Royal Indian Raj's background and described the project as a "promoter's pipedream".
He said that for several years at least, Royal Indian Raj has been scouting for Indian partners to
invest in a diverse range of businesses from ostrich farming to the gaming business to real estate.
"Its website claims that RIRIC has a partnership with the Khoday Group in the lottery business.
The Khoday group, however, denied this. Four years ago, RIRIC had approached the Khoday
group to start an ostrich meat export enterprise and a gaming business in Karnataka. Khoday
Group vice-president Jagannath Rao, however, said: "We didn't entertain the idea as it did not fall
into our core business area." Royal Indian Raj has countered the criticism of its track record by
saying that no one has the experience of developing a mammoth real estate project in India on the
scale of Royal Garden City. The Benjamin’s, however, believe that their consortium of
international partners is enough to boost confidence, reassure investors and make their dream
come true.
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