December 20, 2010 – 11:13 am
The national capital’s satellite township of Gurgaon, is currently witnessing a growing trend of high rise residential apartments in its skyline. As much as 60% of the total population residing in Gurgaon lives in these high rise societies built by private developers like DLF, Unitech, Emaar MGF, among several others. Most of these colonies are [...]
March 22, 2010 – 11:09 am
DLF, the country’s largest realty player, being a strong competitor in the residential property sector, announced flat offers in Delhi with a costing of Rs. 4 cr. Per unit at the center of the National Capital. The launch of the third phase of a housing project – Capital Greens — at Shivaji Marg, close to [...]
March 17, 2010 – 11:50 am
Indian developers are looking forward to more feasible studies of any project before actually launching them so that they can avoid the excesses that resulted in the real estate downturn in 2009. They are sending out a message that antagonism in the market will not be accepted any more and gigantic projects will be replaced [...]
By
|
Posted in Real Estate News
|
Also tagged antagonism, bank debt, conducting feasibility studies, Construction Work, Cushman And Wakefield, excesses, Initial Public Offerings, New Projects, project management consultants, Property Consultants, purchasing land, Purpose Vehicles, raising money, real estate downturn, regulatory approvals, right profile, Special Purpose, Speculators, working capital
|
September 15, 2009 – 4:51 pm
DLF plans to formally launch nineteen hundred apartments in its Capital Greens project in Delhi in one week. The flats will be sold for around thirty percent more than the phase-1 price of the same project signaling the company’s rising confidence in the revival of the property market. DLF intends to launch the second phase [...]
Plans by the promoters of top real estate company DLF to buy out hedge fund DE Shaw’s investment in family-owned DLF Assets (DAL) could hit a roadblock because of a little known rule in the country’s foreign exchange laws. Under a ‘put’ option signed between DE Shaw and three companies controlled by DLF-promoter KP Singh’s [...]
December 5, 2008 – 1:57 am
After launching mid-income houses, real estate companies are now targeting low-priced homes in the sub-Rs 10 lakh category to improve cash flows and beat the slump in the property market that has been driven by high borrowing rates. Unitech, the Delhi-based property major, has applied to the Haryana government to develop houses in the Rs [...]
November 7, 2008 – 11:32 pm
DLF Vice-chairman Rajiv Singh says the company would try and fill the gap in its portfolio by acquiring suitable assets which come up for distress sale in a depressed real estate market. “We will be prepared to look at opportunities, but won’t pick up something just because it’s cheap. However, there are some gaps in [...]
By
|
Posted in Real Estate News
|
Also tagged Apprehension, External Environment, Global Economic Turmoil, Group Company, Mnc, Ncr, Net Profit, Office Space, Promoter Group, Rajiv Singh, Receivables, Space Requirements
|
October 25, 2008 – 2:48 am
Real estate sector was the biggest loser in today’s stock market plunge, led by country’s second largest firm Unitech that witnessed a sharp fall of over 51%. The realty index witnessed a 24.4% decline, which is more than double the benchmark index Sensex fall of nearly 11%. The index has fallen by 31 per cent [...]
By
|
Posted in Real Estate News
|
Also tagged Benchmark Index, Biggest Loser, Bombay Stock Exchange, Greater Noida Development, Greater Noida Development Authority, HDIL, Lifespace, Mahindra, Market Capitalization, Noida Development Authority, Omaxe, Parsvnath, Phoenix Mills, Real Estate Sector, Realty Stocks, Scrips, Sobha Developers, Stock Market Plunge
|
August 28, 2008 – 5:45 am
DLF Ltd, India’s biggest listed property developer, has sought shareholders consent to raise up to one hundred billion rupees by selling shares to institutional investors. The New Delhi-based company said in its yearly report for a shareholders meeting on Sept. 30 it estimated to complete the share sale within 1 year of getting shareholder consent. [...]
By admin
|
Posted in Real Estate News
|
Also tagged Bse Index, india, Initial Public Offer, Initial Share, Institutional Investors, Market Slide, New Delhi, Property Developer, Property Singapore, Property Trust, Shareholder, Shareholders Meeting, stock market
|
Realty firms seem to have lost their appetite for properties in Kolkata, where developers such as Emaar MGF Land Ltd and DLF Ltd were fighting to secure plots for building luxury hotels. For the first time, a tender to lease out a prime 10-acre plot on the western fringes of the city is being scrapped [...]
By admin
|
Posted in Real Estate News
|
Also tagged Emaar MGF, Five Acres, Kmda, Kolkata, Land Ltd, Life Insurance Corporation, Life Insurance Corporation Of India, Luxury Hotels, Metropolitan Development, Properties In Kolkata, Realty Firms, Star Hotel, Storey Towers
|
Aided by revenues from mid-income houses, net profit of property developers, such as Unitech and Puravankara Projects, rose in the first quarter of FY09, beating analyst expectations. Unitech, the country’s largest listed developer, posted a 15.7 % growth in net profit during the quarter, mainly due to higher realisations the company made in the mid-income [...]
Suffering from low margins, Indian developers are entering fresh businesses like retail and hotel to expand revenue stream and offset slowing demand for real estate projects due to six year high lending rates and severe financing norm. Below are a few recent investments in the hospitality sector Yatra Capital, a Jersey-based private equity firm, will [...]
By admin
|
Posted in Real Estate News
|
Also tagged Casino Group, Copthorne Hotels, Hilton Hotels, Hospitality Group, Hospitality Sector, Hotel Investment, Lotus Hotel, Nirmal Lifestyle, Parsvnath, Private Equity Fund, South Indian Cities, Taj Hotel, Warburg Pincus
|
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 [...]
By admin
|
Posted in Real Estate News
|
Also tagged Accruals, Billionaire, Bombay Stock Exchange, Bourses, BSE, Buyback, Capital Values, Inflation Numbers, Intrinsic Value, Real Estate Sector, Stock Value
|
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. [...]
By admin
|
Posted in Real Estate News
|
Also tagged BSE, Bse Sensex, Hdfc Bank, Market Experts, Metal Stocks, ONGC, Ranbaxy Labs, Rcom, Reliance Industries, Stock Markets, Tata Motors, Tata Steel
|
Amanora Park Town, the first township which got the sanction from the State Government, is all set to have another first in the field of ‘Environment Conservation’. The township’s ‘Temple of Environment’ is in the final stages of completion, said Mr Aniruddha Deshpande, Managing Director, City Corporation Ltd. The temple would be unveiled on the [...]
By admin
|
Posted in Real Estate News
|
Also tagged Corporation Ltd, Gardens, Government Of Maharashtra, Granite, Jewellery, Maharashtra, Prism, Sanction, State Government, United Nations, Water Body
|
Kolkata, which had lost out to other metros in the frenzied run for realty, is catching up big time. This week the Apeejay group, which owns The Park Hotels, bagged a prime 3.35-acre property along Kolkata’s eastern metropolitan bypass for Rs 135.77 crore. The group, which already has a hotel on Park Street in downtown [...]
April 24, 2008 – 10:31 am
Almost twenty three leading real estate firms are looking the Thatipur project in Gwalior. Reliance, DLF, Parsvnath and Gammon are in the tussle to bid for the jumbo project, of which the bid submission will stop on May 7. The MP government has not set a reserve cost for the project. The bidders have been [...]
This led to the expansion of the Delhi Mass speedy Transit System, or Delhi Metro as it is known. The success of this transport network that began procedure in December 2002 now sees it as not only the public transportation of choice, but the model itself has become the standard for the development of other [...]
Citigroup’s real estate arm is set to invest around Rs 400 crore in Bangalore-headquartered Golden Gate Properties for about 10% stake. The deal is expected to value the tier-II real estate firm at a little over $1 billion. This marks Citigroup’s back-to-back deals in the domestic real estate space in the last fortnight. Early last [...]
Unitech and Indiabulls Real Estate Ltd (IBREL) have deferred the listing of their respective real estate investment trusts (REITs) on the Singapore Stock Exchange (SGX) owing to the liquidity crunch in the global markets. Both Unitech and IBREL have received approval from the SGX for the initial public offers (IPOs) of their trusts. The move [...]
NEW DELHI: Global financial firms Citigroup, Merrill Lynch and DE Shaw are likely to invest Rs 2,000 crore or $500 million in the DLF Assets’ (DAL) real estate investment trust(REIT), according to sources. The transaction is likely to be completed by early next week. Part of DLF Group, the largest real estate developer in the [...]
Forbes has released its List of world Billionaires. There are 4 Indians in top 10 (the maximum number from a country), whereas previous year the no. was only one. India has listed total 53 billionaires (Maximum in Asia after Russia).Out of five billionaries from india one belongs to real estate.
February 4, 2008 – 1:14 am
Emaar MGF is proposing to aggregate between Rs 5540 to Rs 6464 crore through an IPO, which would amount to a post-issue stake of 10.2 per cent in the company. The price band for the issue is fixed at Rs 540-630 a share. Earlier, the issue price was fixed at Rs 610-690 a share amounting [...]
February 1, 2008 – 1:31 am
MUMBAI (Thomson Financial) – Indian real estate developer DLF Ltd said its strengthened third-quarter net profit was 21.45 bln Indian rupees on revenues of 36.51 bln rupees. Results are not comparable with the identical period last year as it was an unlisted company at that time, and that it does not have results for the [...]
January 28, 2008 – 5:58 am
DLF Ltd. has dominated the never before building boom in India. DLF has a corporate slogan “Building India”. The company is taking on a tough challenge in meeting its growth goals while counting, in part, on a relatively unknown and unpredictable market — residential developments for India’s growing number of middle-income families. Indian real-estate sector [...]
By
|
Posted in Real Estate News
|
Also tagged Bombay Stock Exchange, Construction Group, Corporate Slogan, DLF limited, Fire Brigades, Growth Goals, indian real-estate, Market Capitalization, Middle Income Families, National Stock Exchange, O Rourke, Office Complexes, Private Fire, Rajiv Singh, Raw Material Costs, Real Estate Sector, REIT, Residential Developments, Singapore, stock market, Stock Market Values, Swimming Pools, Tight Market, Unpredictable Market
|
Property Listings