Tag Archives: Developer

NRIs Coming Back To Indian Property Market

July 5, 2008 – 6:03 am

After having lived outside of India for close to 40 years or even more, many NRIs are now joining a reverse flow into India, and investing in property back home.
Many are looking for retirement, or semi-retirement homes that may later tempt their children or grandchildren into connections with India. But it can also be good [...]

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DLF Assets Raises $450 Million from Symphony Capital; Singapore IPO On Cards

May 3, 2008 – 6:58 am

DLF Assets, the property fund of DLF Ltd, India’s largest real estate developer by market capitalisation, has raised $450 million from Symphony Capital, a London based investment firm. DLF Assets has earlier received two hundred million dollars from a fund sponsored by Lehman Brothers and $400 million from another global investment firm DE Shaw for [...]

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Exodus Boosts Pune Realty Prices

March 7, 2008 – 4:54 am

The building sector in Pune and neighbouring areas is in terrible straits. The mass exodus of migrant workers from UP and Bihar, following alleged threats from Raj Thackeray’s Maharashtra Navnirman Sena, has forced builders to invoke the force majeure clause to escape liabilities of delays and cost overruns.

By Rajani | Posted in Real Estate News | Also tagged , , , | Comments (1)