Tag: Housing Units

DLF To Pump In Rs 150 Billion For Residential Projects

December 16, 2008 – 4:46 am

DLF, India’s major real estate developer, announced that it plans to invest Rs 150 billion over the coming three fiscals to construct various residential projects across the country. The company has raised Rs 16,750 million as private equity in eight projects in November 2007. According to sources, DLF Home Developers, the wholly-owned arm of DLF, [...]

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Shriram Properties To Develop 15 Shopping Malls And 70-80 Budget Hotels

August 29, 2008 – 2:17 am

Shriram Properties, the real estate arm of Rs 25,000 crore Shriram Group, would launch two separate subsidiaries to promote projects in retail and hospitality segments, a top official of the company said. M Murali, managing director of Shriram Properties, said the company would develop 15 shopping malls and 70-80 budget hotels in the next 3-4 [...]

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Sunil Mantri To Develop Township

July 31, 2008 – 4:48 am

Real estate firm Sunil Mantri said that it will invest Rs 2,000 crore on developing a 2,000-acre residential project in Gwalior over the next decade. The company signed an MoU with the Special Area Development Authority, Gwalior, to carry out the project under public-private-partnership model, the company said in a statement. As per the MoU, [...]

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Emaar MGF Launches IPO

January 23, 2008 – 7:46 am

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 [...]

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