Tag: Dlf

Amanora Township Got The Sanction From Government

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 […]

Kolkata Playing Catch Up

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 […]

Leading Real Estate Firms Looking For Thatipur project in Gwalior

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 […]

Delhi Metro Impact On Real Estate

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 […]

Citi realty arm to buy 10% stake in Golden Gate for Rs 400cr

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, Indiabulls defer REITs listing

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 […]

Citi And Merrill Likely To Invest Rs 2000 Crore In DLF Realty

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 […]

The Indian Billionaires

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.

Emaar MGF Puts Milestone In Real Estate

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 […]

DLF Third Quarter profit 21.45 billion rupees

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 […]

DLF- Building India

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 […]

Real Estate Development Prospect in India

January 08, 2008. Real Estate Companies and Investors are taking India as a great Investment destination. Real estate investment in major cities is taken as a beneficial deal. Real Estate Developers from the outside countries are showing their interest in building luxury villas in top Indian cities. They are looking for the joint venture partners […]