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Moneycontrol >> Messageboard >> Stocks >> BSEL Infrastructure Realty
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BSEL Infrastructure Realty

Belongs to: Construction & Contracting - Housing
Buy, Sell or Hold? 15 comments
1 positive opinions
1 boarder queries
25 boarder tracking
Peer stocks in Construction & Contracting - Housing sector
BSE: 532123
NSE: BSELINFRA
43.55  1.9 (4.56)
Volume: 157256
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29 Aug 2008 19:47

Nagpur malls construction update

Posted by : Guest
Price when posted : BSE: Rs 39.00 ( 2.63 % ), NSE: Rs. 39.00 ( 2.63 % )
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thank you. your information is really great. you are having all the details of the projects including the area developed and names of officials working on the project. the information is really up to mark. if you could help the investors by providing vital information about company s foreign projects(UAE).
a five star rating information. good work....

In reply to:

Nagpur malls construction update

Posted by : sree_v

source: Hitavada
Jun. 12th, 2008
by Manish Soni
NAGPUR: The construction work of swanky commercial shopping mall and multiplex at Danaganj and Jaripatka is going on in full swing. The joint venture of Mumbai based company Unity Infraprojects Pvt Ltd and BSEL Infrastructure Realty Ltd are constructing Shopping Mall and Multiplex on the land provided by Nagpur Municipal Corporation (NMC) on Built Own and Operate (BOO) basis. Danaganj’s Shopping Mall and Multiplex will be one of the biggest mall coming up on a massive 4.25 acres (1.85 lakh sq ft) of prime land in the heart of old city and will be known as DG Mall. NMC has given the contract of construction of shopping mall, multiplex and Star Hotel at 6 places for a mind-boggling Rs 558 crore. Civic body will get Rs 27 crore per annum after completion of projects in 2010. Company had deposited Rs 12 crore premium and Rs 3 crore as Earnest Money Deposit (EMD).

The malls will be coming up at Danaganj, Jaripatka, Panchpaoli, Gokulpeth, Netaji Market and Water Works Office, Sitabuldi. Company has started the construction at Danaganj and Jaripatka site. NMC is trying to clear encroachments and free other sites from encumbrances for construction. Prakash Urade, Executive Engineer (Project) and Damodar Jambhulkar, Sub Divisional Engineer (Project) are looking after the projects. DG Shopping Mall and Multiplex will be the huge shopping mall with five silver screen cinema halls. It is coming up on 4.25 hectares of land with provision of 2.40 lakh sq ft parking space. At a time, around 714 cars, 1614 scooters and 1619 bicycle can be parked on two floor basements. The construction began in September 2007 and it would be completed by March 2010. A seven floor mall with two basements is being constructed on 6.70 lakh sq ft space. Around 600 labourers, 100 plant and machinery operators and 50 engineers are working dawn to dust for the construction of this mega mall. Five screens Multiplex will come up at fourth floor. This may be the biggest multiplex having a five screen cinema hall. The mall will be open to sky for natural light. Retail shops, banquet, restaurants and food courts are coming up in the fully centrally air-conditioned DG mall. Company’s General Manager R K Jaiswal, Project Manager Ambadas Deshmukh are looking after the project. Company has appointed P G Patki Pvt. Ltd Mumbai as Architect and Y S Sane and Associate, Pune as Structural Engineer. An eleven story JP Mall with two basements is coming up at Jaripatka locality. The mall will come up on 3,02,350 sq.ft. The work of water proofing is going on at site. The building plan has been approved by the Town Planning Department of the NMC. The cars and two wheelers will be parked on lower basement and upper basement. Food court, shops, gaming zone, banquet are coming on mall. Seven group of Mumbai is architect of the mall while structural engineer is Y S Sane and Associate Pune. Jambhulkar informed that Netaji Market Shopping Mall is coming up at Sitabuldi on 9393 sq mt (above 1 lakh sq ft). Another mall is coming up at Water Works Office premises at Sitabuldi on 4297 sq mt (46252 sq ft), Gokulpeth Market Shopping Mall coming at West High Court Road on 9302 sq mt (around 1 lakh sq ft) and Panchpaoli Shopping Mall is coming up at Kamal Talkies square on 17,244 sq mt (1.85 lakh sq ft) area. He said that Civic body has issued notices to 140 encrochers of Panchpaoli, 230 encrochers of Netaji Market and 210 encrochers of Gokulpeth Market. The eviction process is going on at zonal level.

29 Aug 2008 00:22

Nagpur malls construction update

Posted by : sree_v
Price when posted : BSE: Rs 38.00 ( 0.13 % ), NSE: Rs. 38.00 ( 0.26 % )
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source: Hitavada
Jun. 12th, 2008
by Manish Soni
NAGPUR: The construction work of swanky commercial shopping mall and multiplex at Danaganj and Jaripatka is going on in full swing. The joint venture of Mumbai based company Unity Infraprojects Pvt Ltd and BSEL Infrastructure Realty Ltd are constructing Shopping Mall and Multiplex on the land provided by Nagpur Municipal Corporation (NMC) on Built Own and Operate (BOO) basis. Danaganj’s Shopping Mall and Multiplex will be one of the biggest mall coming up on a massive 4.25 acres (1.85 lakh sq ft) of prime land in the heart of old city and will be known as DG Mall. NMC has given the contract of construction of shopping mall, multiplex and Star Hotel at 6 places for a mind-boggling Rs 558 crore. Civic body will get Rs 27 crore per annum after completion of projects in 2010. Company had deposited Rs 12 crore premium and Rs 3 crore as Earnest Money Deposit (EMD).

The malls will be coming up at Danaganj, Jaripatka, Panchpaoli, Gokulpeth, Netaji Market and Water Works Office, Sitabuldi. Company has started the construction at Danaganj and Jaripatka site. NMC is trying to clear encroachments and free other sites from encumbrances for construction. Prakash Urade, Executive Engineer (Project) and Damodar Jambhulkar, Sub Divisional Engineer (Project) are looking after the projects. DG Shopping Mall and Multiplex will be the huge shopping mall with five silver screen cinema halls. It is coming up on 4.25 hectares of land with provision of 2.40 lakh sq ft parking space. At a time, around 714 cars, 1614 scooters and 1619 bicycle can be parked on two floor basements. The construction began in September 2007 and it would be completed by March 2010. A seven floor mall with two basements is being constructed on 6.70 lakh sq ft space. Around 600 labourers, 100 plant and machinery operators and 50 engineers are working dawn to dust for the construction of this mega mall. Five screens Multiplex will come up at fourth floor. This may be the biggest multiplex having a five screen cinema hall. The mall will be open to sky for natural light. Retail shops, banquet, restaurants and food courts are coming up in the fully centrally air-conditioned DG mall. Company’s General Manager R K Jaiswal, Project Manager Ambadas Deshmukh are looking after the project. Company has appointed P G Patki Pvt. Ltd Mumbai as Architect and Y S Sane and Associate, Pune as Structural Engineer. An eleven story JP Mall with two basements is coming up at Jaripatka locality. The mall will come up on 3,02,350 sq.ft. The work of water proofing is going on at site. The building plan has been approved by the Town Planning Department of the NMC. The cars and two wheelers will be parked on lower basement and upper basement. Food court, shops, gaming zone, banquet are coming on mall. Seven group of Mumbai is architect of the mall while structural engineer is Y S Sane and Associate Pune. Jambhulkar informed that Netaji Market Shopping Mall is coming up at Sitabuldi on 9393 sq mt (above 1 lakh sq ft). Another mall is coming up at Water Works Office premises at Sitabuldi on 4297 sq mt (46252 sq ft), Gokulpeth Market Shopping Mall coming at West High Court Road on 9302 sq mt (around 1 lakh sq ft) and Panchpaoli Shopping Mall is coming up at Kamal Talkies square on 17,244 sq mt (1.85 lakh sq ft) area. He said that Civic body has issued notices to 140 encrochers of Panchpaoli, 230 encrochers of Netaji Market and 210 encrochers of Gokulpeth Market. The eviction process is going on at zonal level. ...

26 Aug 2008 15:48

Company needs to do a lot

Posted by : shenoyjn
Price when posted : BSE: Rs 37.40 ( 2.47 % ), NSE: Rs. 37.50 ( 3.16 % )
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This company by declaring a meagre dividend has let down its investors.Already its past was haunting it. Alhough it was in a position to break free from its past by declarig a good dividend based on its workimg it declared a poor dividend and it has to pay for it....

24 Aug 2008 06:22

BSEL gets Malaysia contract

Posted by : sree_v
Price when posted : BSE: Rs 36.45 ( -1.35 % ), NSE: Rs. 36.45 ( -0.95 % )
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Mumbai, Aug 22
source: Hindubusinessline

Mumbai-based BSEL Infrastructure Realty will develop a high-rise residential apartment complex in Malaysia. The company has been awarded a nine-storey waterfront shopping mall on 4.63 lakh sq ft of property for Rs 87 crore by the Iskandar Regional Development Authority, which is developing the Iskandar metropolis. Mr Dharmendra Raichura, Managing Director, BSEL, said the floor-area ratio was enough to develop an additional two to three million sq ft on the premises. Howeve r, the exact quantum of development and project cost could be determined only after the local authorities awarded the floor-area ratio. BSEL Infrastructure already has a memorandum of understanding with the Iskandar Authority to develop 70 million sq ft. It has committed an investment of Rs 18,000 crore, to be spread over 12 years, for the project. The investment in phase I (in four years) will be Rs 2,500 crore. Of the five economic zones to be developed, BSEL has pledged to invest in the two zones — Financial District and Nusajaya. BSEL Infra is developing hotels, IT parks, townships, commercial space and shopping malls projects in India and the UAE.

...

22 Aug 2008 17:58

BSEL Infra awarded 8.5 Acres land

Posted by : sree_v
Price when posted : BSE: Rs 36.45 ( -1.35 % ), NSE: Rs. 36.45 ( -0.95 % )
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BSEL Infrastructure Realty Ltd has informed BSE that the Company through its 100% subsidiary BSEL Waterfront Sdn Bhd, Malaysia has been awarded 8.5 Acres of Land with 9-Storey Waterfront shopping Mall of 400,634 sq feet area. The Maximum permissible Floor area ratio is ranging from 5-9 in the same area so the land effectively has potentials for further development of at least 2-3 millions sq feet for Residential / Apartments Development.The total price of the land along with shopping mall is RM 67 Millions (Rupees 87 Crores).The project is planned to have high rise apartments with 3 side waterfront view with just 25 minutes drive from Central Business District of Singapore.This project will be part of the IRDA project of Malaysia....

22 Aug 2008 16:38

BSEL Infra advances 5.2%

Posted by : MMB Messenger
Price when posted : BSE: Rs 36.45 ( -1.35 % ), NSE: Rs. 36.45 ( -0.95 % )
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At 11:03 am, BSEL Infrastructure Realty was quoting at Rs 39.05, up Rs 1.95, or 5.26%. The company has board meet on August 20 to consider GDR / FCCB issue up to USD 100 million, reports CNBC-TV18. It was trading with volumes of 90,547 shares. Yesterday the share closed down 1.20% or Rs 0.45 at Rs 37.10....

22 Aug 2008 16:11

NSE Announcements on BSEL Infra

Posted by : MMB Messenger
Price when posted : [BSEL Infra - BSE:Rs. 36.45 NSE:Rs. 36.45 when posted]
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Bsel Infrastructure Realty Limited has informed the Exchange that the Company through its 100% subsidiary BSEL Waterfront Sdn Bhd, Malaysia has been awarded 8.5 Acres of Land with 9-Storey Waterfront shopping Mall of 400,634 sq feet area. The Maximum permissible Floor area ratio is ranging from 5-9 in the same area so the land effectively has potentials for further development of at least 2-3 millions sq feet for Residential / Apartments Development.The total price of the land along with shopping mall is RM 67 Millions (Rupees 87 Crores).The project is planned to have high rise apartments with 3 side waterfront view with just 25 minutes drive from Central Business District of Singapore.This project will be part of the IRDA project of Malaysia....

22 Aug 2008 16:05

BSE Announcements on BSEL Infra

Posted by : MMB Messenger
Price when posted : [BSEL Infra - BSE:Rs. 36.45 NSE:Rs. 36.45 when posted]
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BSEL Infrastructure Realty Ltd has informed BSE that the Company through its 100% subsidiary BSEL Waterfront Sdn Bhd, Malaysia has been awarded 8.5 Acres of Land with 9-Storey Waterfront shopping Mall of 400,634 sq feet area. The Maximum permissible Floor area ratio is ranging from 5-9 in the same area so the land effectively has potentials for further development of at least 2-3 millions sq feet for Residential / Apartments Development.

The total price of the land along with shopping mall is RM 67 Millions (Rupees 87 Crores).

The project is planned to have high rise apartments with 3 side waterfront view with just 25 minutes drive from Central Business District of Singapore.

This project will be part of the IRDA project of Malaysia....

22 Aug 2008 10:53

BSE Announcements on BSEL Infra

Posted by : MMB Messenger
Price when posted : [BSEL Infra - BSE:Rs. 36.80 NSE:Rs. 37.00 when posted]
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BSEL Infrastructure Realty Ltd has informed BSE that the Register of Members & Share Transfer Books of the Company will remain closed from September 27, 2008 to September 30, 2008 (both days inclusive) for the purpose of payment of dividend & Annual General Meeting (AGM) of the Company to be held on September 30, 2008....

20 Aug 2008 16:11

NSE Announcements on BSEL Infra

Posted by : MMB Messenger
Price when posted : [BSEL Infra - BSE:Rs. 38.95 NSE:Rs. 38.95 when posted]
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Bsel Infrastructure Realty Limited has informed the Exchange that the Board of Directors of the Company in the meeting held on August 20, 2008 has taken inter alia following decisions : (1) The Board decided to raise the funds not exceeding USD 100 Miiion by way of GDR/ ADR / FCCB/ and or other securities linked to equity/ preference shares and or any instruments or securities representing convertible securities such as NCD/ PCD/ Bonds/ Warrants to be approved by the Shareholders at the ensuing AGM. (2) The Board has approved re-appointment of Statutory Auditors of the Company M/s Raju & Prasad, Chartered Accountants subject to the approval of members in the ensuing Annual General Meeting. (3) The Board has approved Directors Report for the year ended March 31, 2008. (4) The Board has approved the Notice of AGM to be held on September 30, 2008....

20 Aug 2008 16:08

NSE Announcements on BSEL Infra

Posted by : MMB Messenger
Price when posted : [BSEL Infra - BSE:Rs. 38.95 NSE:Rs. 38.95 when posted]
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Bsel Infrastructure Realty Limited has informed the Exchange that the Register of Members and Share Transfer Books will remain closed from September 27, 2008 to September 30, 2008 (both days inclusive) for the purpose of Annual General meeting and payment of Dividend @ 5% if declared at the Annual General Meeting....

20 Aug 2008 15:15

BSE Announcements on BSEL Infra

Posted by : MMB Messenger
Price when posted : [BSEL Infra - BSE:Rs. 38.25 NSE:Rs. 38.65 when posted]
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BSEL Infrastructure Realty Ltd has informed BSE that the Board of Directors of the Company at its meeting held on August 20, 2008, inter alia, has taken the following decisions:

1. The Board decided to raise the funds not exceeding USD 100 Million by way of GDR/ADR/FCCB/ and or other securities linked to equity / preference shares and or any instrument or securities representing convertible securities such as NCD / PCD / Bonds / Warrants to be approved by the Shareholders at the ensuing AGM.

2. The Board has approved re-appointment of Statutory Auditors of the Company M/s. Raju & prasad, Chartered Accountants subject to the approval of members in the ensuing Annual General Meeting....

13 Aug 2008 15:24

BUY OR SELL

Posted by : Silent Don
Price when posted : BSE: Rs 38.85 ( 4.72 % ), NSE: Rs. 38.80 ( 4.72 % )
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With the announcement of intentions to raise further funds, it is bound to go up to the levels of 55 before settling at a price band of 45-50 till the issue price and details are known to the market....

In reply to:

BUY OR SELL

Posted by : karuna gupta

if you want to minimise your loss you can buy this scrip at present rate because this compnany is going to expand its business in indonesia (growing contry).

13 Aug 2008 13:13

BUY OR SELL

Posted by : karuna gupta
Price when posted : BSE: Rs 39.05 ( 5.26 % ), NSE: Rs. 39.20 ( 5.80 % )
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if you want to minimise your loss you can buy this scrip at present rate because this compnany is going to expand its business in indonesia (growing contry)....

In reply to:

BUY OR SELL

Posted by : karuna gupta

if you want to minimise your loss you can buy this scrip at present rate because this compnany is going to expand its business in indonesia (growing contry).

12 Aug 2008 18:28

BSE Announcements on BSEL Infra

Posted by : MMB Messenger
Price when posted : [BSEL Infra - BSE:Rs. 36.70 NSE:Rs. 37.05 when posted]
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BSEL Infrastructure Realty Ltd has informed BSE that a meeting of the Board of Directors of the Company will be held on August 20, 2008, inter alia, to consider the following businesses:

1. To consider the funding not exceeding US$ 100 Million for ongoing & future projects of the Company through International Issue of GDR / FCCB and / or through local / international issue of debt / bonds and / or equity on a preferential allotment basis at a price to be determined as per SEBI guidelines subject to the necessary approvals and statutory compliances.

2. To finalize the Book Closure dates for the purpose of payment of dividend for the year 2007-08.

3. To finalize the date of Annual General Meeting for the year 2007-08 and to approve the notice for the same....

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