October 21, 2008 – 6:20 am
Shares of Indiabulls Real Estate surged over 22% to Rs 131.15 on BSE Tuesday, while Indiabulls Financial Services climbed over 7% to Rs 105.60 after the company assured of not having any non-performing loan in its portfolio.
The financial services company reported a net profit growth of 21.4% to Rs 136 crore for the second quarter [...]
By Rajani
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Posted in Real Estate News
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Also tagged Central Banks, Financial Services Company, Indiabulls Financial Services, Liquidity Crisis, Loan Portfolio, Loan Repayments, Loans, Market Sentiment, Profit Growth, Real Estate, Realty Stocks, Shares, Television Channel
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September 30, 2008 – 4:00 am
The board of directors of DS Kulkarni Developers at its meeting held on Sep. 27, 2008, has approved the investment in DSK Global up to Rs 30 million to make it a subsidiary.
The board has also approved the fixed deposit scheme of the company for the year 2008-2009.
DS Kulkarni Developers is a real estate developer. [...]
By Rajani
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Posted in Real Estate News
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Also tagged 30 Million, Board Of Directors, Deposit Scheme, Developers., Estate Projects, Fixed Deposit, Invest, Mumbai, Pune, Real Estate Developer, Subsidiary
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September 2, 2008 – 11:03 pm
The Rs 1,000-crore textiles-to-real estate major, Bombay Dyeing, will develop eight lakh square feet of property on its surplus land in Mumbai. The company will construct a high-rise building for commercial and residential use.
”We will commence construction of a high-rise tower in two months. The entire project will be sold off in the next 24 [...]
By Rajani
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Posted in Real Estate News
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Also tagged Bombay Dyeing, Central Mumbai, Dadar, Entire Project, High Rise Building, Introductory Price, Market Sources, Nusli Wadia, Quarter Ended June, Residential Tower, Retail Market, Spring Mills, Surplus Land, Worli
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August 23, 2008 – 2:14 am
Foreign fund house Merrill Lynch Capital Markets has consolidated its stake in real estate major Ansal Properties and infrastructure to nearly 6%.
Merrill Lynch Capital Markets Espana SA SV has acquired as much as 11.63 lakh equity shares representing 1.03% stake in Ansal Properties through secondary market purchase route. Prior to this transaction the foreign fund [...]
By Rajani
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Posted in Real Estate News
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Also tagged Acquisition, Ansal Properties, Capital Markets, Commercial Zone, Crore Rupees, Espana, Infrastructure, Merrill Lynch, Merrill Lynch Capital, Real Estate, Residential Zone, Share Price, Stake., Sv
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India’s largest real estate company, DLF Ltd, said on 02nd july that its board of directors would meet on July 10, to consider and approve a buy-back of equity shares. The buy-back proposal comes at a time when the company has seen a sharp erosion in its share price over the past few weeks.
The announcement [...]
By manish
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Posted in Real Estate News
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Also tagged Accruals, Billionaire, Bombay Stock Exchange, Bourses, Buyback, Capital Values, Dlf, Inflation Numbers, Intrinsic Value, Real Estate Sector, Stock Value
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As oil prices continue to rise, stock markets across the world are finding it difficult to find any support. The recent fall in Indian market has been very quick. Market experts were expecting technical bounce, but the markets lost further ground.
On 9th june(today), Stock markets opened lower and BSE benchmark Sensex dropped below 15,000. Real [...]
By manish
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Posted in Real Estate News
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Also tagged Bse Sensex, Dlf, Hdfc Bank, Market Experts, Metal Stocks, ONGC, Ranbaxy Labs, Rcom, Reliance Industries, Stock Markets, Tata Motors, Tata Steel
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Real Estate major DLF announced a consolidated net profit of Rs 7,812.03 crore for the financial year ended March 31, a four-fold growth over the year-ago period.
The company had a net profit of Rs 1,933.65 crore in 2006-07 fiscal, DLF said in a filing to the Bombay Stock Exchange.
The total income rose to Rs 14,683.91 [...]
Realty stocks, which opened on a subdued note this morning, are among the prominent gainers in afternoon trade. Mirroring investor interest for these stocks, the BSE Realty index has spurted 3.7% now. Sector heavyweight DLF has gained nearly 7% at Rs 715.
Unitech, a Nifty component, has posted a gain of 4.6%. Penland, HDIL, Sobha Developers, [...]
By manish
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Posted in Real Estate News
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Also tagged Ambuja Cements, Ansal Infrastructure, Bank Of India, HDIL, Hindustan Unilever, ICICI Bank, Larsen & Toubro and Grasim, NTPC and ACC, Omaxe, Parsvnath Developers and Mahindra Lifespace, Penland, Ranbaxy Laboratories, Realty, Reliance Energy, Reliance Industries, Sobha Developers, State Bank Of India, stocks, Tata Steel
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