NBR Developers
Citiescities-arrow
  • more-arrow-down
    • Please wait while loading other cities loading...

Gitanjali Group to adorn Indian towns and cities with Jewellery outlets

  • No. 1 Property Portal in India
  • Over 25 Lakhs Apartments and More
  • Post Free Residential Properties in India
  • Find Property in Bangalore
  • Buy/Sell/Rent Apartments in India
  • Search Latest Residential Property in India
  • Get Free Alerts on Property Requirements
  • Find Agents/Buyers for your Property
mobile-ad
Jewellery maker and exporter Gitanjali Group senior executive said to www.propertykhazana.com that, “The company is proposing to invest about Rs. 450 Crores in growing its retail base in India and abroad’s markets in the coming couple of years.” Gitanjali Group is aiming for about 35% growth in revenues to achieve up to Rs. 7,000 Crores for the year and proposals to hike its elite jewellery retail outlets in India nearly 3 times from 150 presently. Also, the firm possesses jewellery stores in US, Middle –East and China if placed together will be twofold from 140 and the growth will be mostly met through internal accruals.
Chairman of Gitanjali Group said to www.propertykhazana.com that, “We are gently doing with the wholesale projects and focusing more on retail business, the new retail outlets will show best jewellery brands also private labels. The firm is also proposing to increase the workers in India up to 10,500 in the coming couple of years from the present 7,000”, he added.
Also growing retail track on its possess, the firm’s JV with nationalized trading agency Mineral and Metal Trading Corporation (MMTC) will also launch one more jewellery shop in India with an investments of about Rs. 80 Crores in the coming 2-3 years.
MMTC Managing Director said to www.propertykhazana.com that, “In this JV, we are proposing to launch around 65 elite jewellery shops – Shuddhi in metros, Tier I & II cities in the coming 1-2 years. Shuddhi will sell only hallmark gold and diamond jewellery.” This is 74:26 JV among MMTC and Gitanjali India Ltd. in which Gitanjali Group holds the main share. It is likely to get revenues cost of Rs. 150 Crores after one year of operation. For more updates on realty market browse www.propertykhazana.com.
Source: NBTVLIVE

Property Listings

Apartments, Flats and Property for Sale in Mumbai

Jun 09, 2017
Sell residential flat :- 2 Bhk sell in new Panvel Area/965 Sqft Built up G+7 Bldg , 4floor, fully furnished room Parking, open space available..
Jun 03, 2017
3.5 big 1st floor 2 parking servant room with attached bathroom Poona..
Jun 02, 2017
Location :- Mauli Desire II opp. Utkarsha vidya mandir daftary road malad east * Bedroom :- 1BHK Apartments * Carpet area : - ,354 sq ft. *..
Jun 02, 2017
Location :- Hawahira Mahal, Mangal Baug, Near Western Express Highway, Pushpa Park, Malad East. * Bedroom :- 1BHK & 2BHK Flats * Carpet..
Jun 02, 2017
Property Detail of MAULI OMKAR - II............................." Location :- Triveni Nagar, Near Mauli Sapphire Bldg, Mallika Hotel,..
Jun 02, 2017
Location :- Ambewadi, Pushpa Park, Beside Western Express Highway, Malad East. * Bedroom :- 1BHK & 2BHK Apartments * Carpet area : - 359..
May 27, 2017
Project Details About the Project Live a plush city life in our sustainable, integrated township at the heart of Mumbai. Spread across 5 acres,..
May 15, 2017
2 x 1 BHK Jodi flats with hall wall sharing - call for more..
May 07, 2017
JK PROPERTY SAI SIDDHANT PALACE 1 BHK/ 2 BHK- ARE AVAILABLE READY POSESSION FLATS {15 MIN} WALKABLE DISTANCE FROM STATION . PER SQ.FT..
spacer

Apartments, Flats and Property for Rent in Mumbai

May 09, 2017
1BHK OF 225 in 24 floors tower, 3 lifts, open parking, 24/7 CCTV and security, only 5 min walking distance from cotton green station and 8 min..
Apr 17, 2017
Very good 2.5 bhk on rent on main Band Stand. full sea..
Mar 27, 2017
FULLY FURNISHED 5BHK FLAT AVAILABLE FOR RENT DIRECTLY FROM..
Jan 04, 2017
2 BHK FURNISHED APARTMENT AVAILABLE AT MALAD EAST, GOREGAON FILMCITY ROAD,MUMBAI. Rent 35,000 / - Security Deposit Rs.1,25.000/-. Interested..
Dec 03, 2016
PG accommd for 4 girls sharing at vakola pipeline santacruz east Mumbai India Rent 7000 call landlady 9768546430..
Sep 02, 2016
2 BHK SPACIOUS FLAT FOR RENT AT KHARGHAR – NAVI MUMBAI. # Location : Kharghar. # Sector : 18, (near to central park, golf course and ..
Aug 12, 2016
# Location : Kharghar , sector - 3 # Sector : 3 # Area : 635 sq ft # Rent : 10000 # Deposit : 40,000 # Parking : open # Balcony : balcony #..
spacer
spacer
spacer
spacer
spacer