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 […]
Tag: Launch
Realty stocks continue to haunt investors
December 24, 2008 – 6:02 am
Fears of slowdown, delay in project execution and delivery and plunging profit margins continue to haunt investors who have put their money in realty stocks. According to real estate sector report by Religare Securities, there has been a noticeable decline in enquiry numbers for residential property over the past few months. While terming all real […]
Rakindo Plan To Set Up $250-m Arm May Get Okay
May 8, 2008 – 3:42 am
Chennai-based real estate developer Rakindo Developers’ proposal to set up a wholly owned subsidiary with $250-million FDI from Dubai-based Rakeen Development is expected to get Cabinet clearance on Thursday. Rakindo has plans of building a $1.5-billion (Rs 6,000- crore) integrated township at Coimbatore which will be ready for launch after the CCEA clears the FDI […]
Slow Down Of Real Estate Business In Delhi
March 18, 2008 – 6:41 am
NEW DELHI: While the bears are ruling the stock market, there is a different asset class where the bulls are keeping away. Speculative investors in real estate market are retreating, at least in the Delhi-NCR region. Some foremost developers based in the region say it is becoming more and more complicated for them to sell […]
