Tag: Emaar MGF

Master Plan 2025 Revealed

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 […]

Apartments in Delhi by DLF

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 […]

Palm Hills in Gurgaon

One of India`s leading real estate developers, Emaar MGF Land, announced the launch of a new mid-income housing project `Palm Hills` in Gurgaon in NCR. It will be located on NH8 with the prime location in Sector 77, Gurgaon. The total investment will be Rs 500 crore as said by sources on an area spread […]

Kolkata Realty Losing Charm

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 […]

Will Slowdown Stop The Journey Of Realty?

Today, there is talk of a slowdown as buyers are taking just a little longer to decide if they want to go ahead and take that decision now. Pranay Vakil, chairman, Knight Frank said, “Without a doubt, interest rates have made a difference. After all, the monthly outgo will increase”. Taking a closer look at […]

Emaar SPVs To Get $800 Million PE Funding

Goldman Sachs, Deutsche Bank and one more financial investor are likely to make a combined investment of $800 million in three special purpose vehicles (SPVs) which are being created by real estate group Emaar MGF. Each SPV will have one financial investor who will hold a minority stake.

DE Shaw to invest $250 million in HDIL Group Company

Real estate firm Housing Development & Infrastructure (HDIL) on Wednesday said the private equity firm DE Shaw is investing $250 million in Mack Star Marketing, an HDIL group company. Mack Star Marketing holds development rights for a 54,000-metre commercial complex being constructed in Andheri. Last week, HDIL had transferred its development rights to this complex […]

Investors see doubtfully to IPO

14-Feb-08. Anil Dhirubhai Ambani was very cheerful when Reliance Power Ltd. was making its debut. Investors were hoping to see the company benefit. When Reliance power launched its IPO, they fell so hard for the stock that it was the biggest demand ever for an Indian IPO.

Emaar MGF Land postpones IPO

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 […]

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 […]

Emaar MGF Launches IPO

Real estate firm Emaar MGF Land Limited is raising Rs 7000 crore from the market on 1st February. The company has firmed up an initial public offering of 102,570,623 equity shares of face value Rs 10 each at a price to be determined through a 100% book-building issue. The price band has been fixed between […]