INDU: Awards

News & Awards

Indu Projects' gesture to its workers
The Hindu , Dec 7, 2008
Indu Projects bags Pranahita scheme
The Hindu, Oct 16,2008
Indu Projects bags project
Economic Times, Oct 16, 2008
Credit Suisse invests Rs 325 cr in Indu Projects
Economic Times, Aug 15, 2008
Indu plans to be affordable
Deccan Chronicle, Aug 15, 2008
Indu Projects to foray into coal mining biz
Financial Express, July 15, 2008
Brand building is the icing on the cake
The Hindu, July 5, 2008
Realty sector in the throes of the "growth"
The Hindu, June 29, 2008
Indu Projects draws training programm for quality manpower
Financial Express, June 17, 2008
Civil Engineers move from IT to realty in droves
The Economic Times, June 10, 2008
Indu Projects to sell 10% equity for Rs. 400 crore
The Economic Times, April, 2008
Indu Projects goes for brand makeover
Business Standard, April 11, 2008
Indu Projects bags DuPont contract

Indu Projects bags DuPont contract

The Economic Times, April 5, 2007

Indu Projects is planning to make a private placement to raise funds for its Rs 3,200-crore IT special economic zone project in Hyderabad. Early this year, the company divested 9% stake to Citigroup Venture Capital for a sum of Rs 150 crore. The company is also planning to tap the capital markets next year to raise funds for its entry into new sectors like water resources and health infrastructure.

Indu Projects has acquired about 250 acres in Shamshabad near Hyderabad where the IT SEZ project will be set up. While the IT SEZ with office space and IT Park would occupy about 150 acres, the remaining 100 acres will house residential complexes. The project is expected to be complete in six years, said I Syam Prasad Reddy. managing director and CEO, Indu Projects. "Since real estate projects require funds, we are planning to raise it from private investors for our individual housing projects, each of which would be a separate SPV," Mr. Reddy said. The company's projects comprise a mix of core infrastructure and real estate projects in the ratio 50:50.

We are looking at hiving off the real estate division into a separate company to arrive at more precise valuations. It would also help us avail funds fast as the due diligence process will be quick because of the clarity in businesses," Mr. Reddy pointed out. the company expects to clock an 84% growth in turnover for fiscal 2006-2007

Business Standard, June 5, 2007
Indu to raise funds via private placement

Indu Projects bags DuPont contract

The Economic Times, April 5, 2007

Indu Projects is planning to make a private placement to raise funds for its Rs 3,200-crore IT special economic zone project in Hyderabad. Early this year, the company divested 9% stake to Citigroup Venture Capital for a sum of Rs 150 crore. The company is also planning to tap the capital markets next year to raise funds for its entry into new sectors like water resources and health infrastructure.

Indu Projects has acquired about 250 acres in Shamshabad near Hyderabad where the IT SEZ project will be set up. While the IT SEZ with office space and IT Park would occupy about 150 acres, the remaining 100 acres will house residential complexes. The project is expected to be complete in six years, said I Syam Prasad Reddy. managing director and CEO, Indu Projects. "Since real estate projects require funds, we are planning to raise it from private investors for our individual housing projects, each of which would be a separate SPV," Mr. Reddy said. The company's projects comprise a mix of core infrastructure and real estate projects in the ratio 50:50.

We are looking at hiving off the real estate division into a separate company to arrive at more precise valuations. It would also help us avail funds fast as the due diligence process will be quick because of the clarity in businesses," Mr. Reddy pointed out. the company expects to clock an 84% growth in turnover for fiscal 2006-2007.

The Economic Times, April 5, 2007
Indu Projects gets safety certificate

Indu Projects gets safety certificate

The Hindu Business Line, Hyderabad, March 30, 2007

Indu Projects Limited, the city-based real estate and construction company has received OHSAS 18001:1999 certificate by TUV SUD management Services, Germany, for safety standards. "It proves that Indu adheres to the highest safety standards in the industry," Mr I. Shyam Prasad Reddy, Managing Director and Chief Executive Officer of Indu Projects, said in a press release here on Friday.

The Hindu Business Line, Hyderabad, March 30, 2007