In the words of the world's leading publications.

Showing 20 of 20 entries
From RIRIC9 press releases
- Mar 26, 2014·RIRIC Press Release·Press Release
The Digital Assassination of a Company — Losing a Billion: The Economics of Cybercrime
Chairman Manoj C. Benjamin's open letter to investors, customers and the public on the coordinated cyber-smear campaign against RIRIC, the resolved Bangalore land-freeze, dismissed BCSC allegations, and a call for modern Canadian cyber-crime legislation. Full 7-page PDF.
Open press release - Oct 17, 2013·PR Newswire·Press Release
British Columbia Securities Commission Dismisses Fraud Allegations into RIRIC
RIRIC announces that the BCSC has closed its investigation file, made no findings of wrongdoing, and will take no proceedings against Manoj Benjamin or the company. RIRIC resumes its chain of proprietary 'Smart Green Townships' in India, beginning with the Royal Garden Villas & Resort. Full 4-page PDF.
Open press release - March 2010·Opinion Express·Press Release
Royal India Raj — Building India for the New Millennium (Cover Story)
Opinion Express Vol 18 · No 3 devotes its Slicker Cities: India's Top-20 issue to India's urban future, with a 5-page cover-story Q&A (pp. 27–31) between Chairman Manoj C. Benjamin and Editor-in-Chief Prashant Tewari on the BRIC decade, India's 27M-home shortage, integrated townships and Vision 2020. RIRIC excerpt PDF + full magazine PDF.
Open press release - Dec 10, 2009·RIRIC Press Release·Press Release
CPG Corporation to Master Plan India's Largest Real Estate Development — Royal Garden City
RIRIC appoints Singapore-based CPG Corporation to master plan Phase 1 of Royal Garden City, a 20-square kilometre, USD $791 million integrated township near Bangalore's new international airport. Full 3-page PDF.
Open press release - April 22, 2009·CNW·Press Release
RIRIC launches multi-million dollar lawsuit against former VP William Zack for Internet Cyber Attacks
RIRIC announces a $100M USD lawsuit for slander, libel and defamation against former Vice President of Communications William Zack, alleging stolen proprietary data, a smear campaign across North America and India, and damage to the company's trademark and goodwill. Full 4-page PDF.
Open press release - Mar 9, 2007·Times Property·Press Release
Plan approvals: When will this stalemate end?
The Times Property section of The Times of India reports on the BMRDA ban on conversion and plan sanctions that halted township development around Bangalore. Developers including RIRIC's Karnataka partners warn the deadlock threatens investment, jobs, tax benefits under Section 80IB, and affordable housing for middle-class buyers. Full PDF.
Open press release - 2006·Nicklaus Design·Press Release
RIRIC signs India-wide exclusive deal for Jack Nicklaus Signature courses
RIRIC announces an India-exclusive partnership with Nicklaus Design to develop a chain of Jack Nicklaus Signature golf courses and PGA academies anchoring planned communities across the country.
Open press release - Sep 29, 2005·Forbes.com / Business Wire·Press Release
RIRIC Engages The Greenwich Group International for USD 1 Billion in Financing — Largest FDI in History into Indian Real Estate
RIRIC announces a strategic partnership with New York-based real estate investment banking firm The Greenwich Group International to secure US$1 billion in equity and debt financing for its Royal Garden City developments across Bangalore, Mumbai, Kolkata and New Delhi. Full 3-page PDF as published on Forbes.com / BusinessWire.
Open press release - Aug 1, 2004·The Times of India·Press Release
Largest foreign moolah for NRI City
The Times of India reports that RIRIC's Royal Garden City — Jagdish Tytler's NRI City — will be one of India's largest FDI projects and Asia's largest new city development to date: a $2.95B build with $8.9B retail value, 35,000 residential units on 3,000 acres near Bangalore's Devanahalli airport, with Jones Lang LaSalle as real estate adviser and a £300M GEM Global Yield Fund equity line. Full PDF.
Open press release
External coverage11 articles
- Apr 13, 2007·The Hindu — Business Line·Article
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 - 2007·Business & Economy Magazine·Article
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·Article
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·Article
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 - Nov 23, 2006·Business Standard·Article
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 - Nov 20, 2006·ASSOCHAM·Article
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 - Nov 17, 2006·MoneyControl.com·Article
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 - Sep 29, 2005·GlobeSt·Article
$16B City Planned for Outskirts of Mumbai
Vancouver, BC-based Royal Indian Raj International Corp. partners with a New York-based investment bank to secure financing for large-scale live-work communities outside India's largest cities. An RIRIC source tells GlobeSt.com that following problems in Bangalore, the first city appears headed for the outskirts of Mumbai.
Open article - Sep 29, 2005·Financial Post / Vancouver·Article
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 - Feb 22, 2005·Business Wire·Article
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 - Sept-Oct 2004·OCO Global Investment Monitor·Article
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
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