Tag Archives: IPO

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

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 [...]

Multiple FDI projects may give relief to realty players

Real estate companies, who are bound by strict conditions for bringing in foreign direct investment (FDI), can now look forward to a breather.
Companies developing several projects simultaneously are likely to get a waiver on meeting FDI conditions on some if majority of the projects are FDI-compliant. Realty companies are subjected to conditions such as three-year [...]

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one of the world`s foremost real estate companies, Emaar Properties PJSC of Dubai, and MGF Development of India, has withdrawn and postponed its initial public issue to an appropriate moment.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 a [...]

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 [...]

Rules for Transfer of Immovable Property in India

Immovable property transfer occurs as a big issue sometimes. Sometimes confusions make it more complex. Here’s the clear view of property transfer rules.
Immovable property can be transferred by sale or by gift or through mortgage.
NRI, PIO, Foreign national must have to follow some rules while selling immovable property in India. NRI can [...]