In the words of the world's leading publications.
From Forbes and Business Wire to ASSOCHAM, the Hindu Business Line and the Financial Post — a curated archive of headlines on RIRIC and the building of the New India. Click any entry to open the article.
- Feb 22, 2005·Business Wire
RIRIC Secures $547M / £300M Equity Line of Credit from GEM Global Yield Fund
RIRIC announces a GBP 300 million (US$547 million) equity commitment structured as an equity line of credit through UK-based GEM Global Yield Markets Fund — to develop the inaugural Royal Garden City in Bangalore.
Open article - Jul 27, 2004·Forbes.com
Largest Foreign Direct Investment in History into Indian Real Estate
RIRIC engages New York-based Greenwich Group International for US$1 billion in financing for its Royal Garden City developments — large-scale townships across Bangalore, Mumbai, Kolkata and Delhi.
Open article - Nov 20, 2006·ASSOCHAM
RIRIC named the #1 leading FDI real-estate developer in India
Anil K. Agarwal, President of ASSOCHAM, names Royal Indian Raj International Corporation the number-one foreign direct investor in Indian real estate.
Open article - 2007·Business & Economy Magazine
Manoj C. Benjamin — Top 100 Most Influential People of 2007
“With the looks, come $2.9 billion. He's the #1 FDI investor in real estate.” B&E features RIRIC's Chairman & CEO among the world's top 100 most influential people.
Open article - 2007·Urban Land Institute
RIRIC — Lead sponsor of the 2007 World Cities Forum, Shanghai
RIRIC assumes the lead sponsorship role for the Urban Land Institute of America's 2007 World Cities Forum in Shanghai, in conjunction with the World Bank.
Open article - 2007·Express Hospitality
Choice Hotels eyes big expansion in India — $4B / 15,000 rooms with RIRIC
An estimated $4 billion deal with Choice Hotels for 15,000 budget hotel rooms across India under the Comfort, Quality, Sleep Inn and Clarion brands.
Open article - 2006·Nicklaus Design
India-exclusive deal for Jack Nicklaus Signature courses
RIRIC signs an India-exclusive partnership with Nicklaus Design for Jack Nicklaus Signature golf courses and PGA academies across the Indian nation.
Open article - Sep 29, 2005·Financial Post / Vancouver
Vancouver firm plans Indian Megaproject — $3.8B vision
RIRIC envisions South Asia's answer to Silicon Valley — “The New India — The $3.8-billion vision.”
Open article - Nov 17, 2006·MoneyControl.com
Real estate is really booming — RIRIC at the centre
Television Eighteen-owned MoneyControl spotlights RIRIC at the top of India's foreign direct investment league table.
Open article - Nov 23, 2006·Business Standard
FDI's share in Indian real estate to touch 26% by March '07
Business Standard ranks RIRIC ahead of Salim Group, Morgan Stanley and GE Commercial Finance Real Estate among the largest foreign investors into Indian property.
Open article - Sept-Oct 2004·OCO Global Investment Monitor
RIRIC ranked #1 FDI into India
OCO Consulting's LocoMonitor places RIRIC at the top of the FDI rankings into India for the period.
Open article - Apr 13, 2007·The Hindu — Business Line
Joining hands — RIRIC & Choice Hospitality India
RIRIC's Chairman & CEO Manoj C. Benjamin, President Collins Benjamin and VP-Marketing Kenneth M. Corey announce the Choice Hotels rollout at a New Delhi press conference.
Open article
On India & the opportunity.
“India is one of the most exciting emerging markets in the world.” — Ernst & Young
“India will be the third-largest global economy by 2025.” — Shahid Javed Burki, World Bank
“India's computer software sector… could increase to $80–90 billion in six to eight years. There is nowhere on Earth you can find that kind of growth rate.” — US News & World Report
“India to be the favorite Asian equity market for institutional investors in 2000.” — Morgan Stanley Dean Witter