Tag Archives: Capital Markets

Merrill Lynch Consolidates Stake In Ansal Properties

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 | Posted in Real Estate News | Also tagged , , , , , , , , , , , , , | Comments (0)

RBI Limits Private And Public Sector Banks For NRI Matters

June 28, 2008 – 1:26 am

NRI loan interest rate depends a lot on the reason of borrowing. When the reason is to invest in share or commercial immovable property market, the interest rate to be paid is higher than any loan borrowed by the NRI to be invested at an employment generating project.

By Rajani | Posted in Real Estate News | Also tagged , , , , , , , , , , , , | Comments (2)

Emaar MGF Land postpones IPO

February 11, 2008 – 8:58 am

Emaar MGF Land, a JV between one of the world`s foremost real estate companies, Emaar Properties PJSC of Dubai, and MGF Development of India, has withdrawn and postponed its initial public issue to an appropriate moment.
The company decided to take this step as an outcome of the prevailing adverse market feelings, fuelled by renewed signals of a [...]

By manish | Posted in Real Estate News | Also tagged , , , , , , , , , , , , | Comments (0)