Tag: market

A look towards budget in new light

Photo by pfalaMarket responded unexpectedly on budget. If we judge the budget 2009, there is nothing negative in terms of imposing new taxes on the corporate world. This budget is good if we take recession under consideration. Talking about US, they are still facing trouble due to recession but on the other hand, India survived […]

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 […]

IBull Realty Arm May Raise 286 Million US Dollar In Singapore

The trust, part of Indiabulls Real Estate Ltd., plans to sell 353 million units of Indiabulls Properties Investment Trust at between S$1 and S$1.10 Indiabulls Properties Investment Trust could raise up to $388.3 million (US$286million) selling units in a real estate investment trust (REIT) in Singapore, according to reports. The trust, part of Indiabulls Real […]

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 […]

Land Deals At Prime Locations In Metros Losing Its Shine

The soaring land deals in prime location of metro cities, which had scaled astronomical levels in the past few years, seem to be losing steam. The deals being struck this year are at increasingly lower prices than the ones last year. Parsvnath Developers has bought 1.18 acre land, jointly owned by Mahajan Industries and Videocon […]

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.

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 […]

HBS Offers Seminar in India

Real estate executives seeking a Harvard Business School education can take a seminar in a prime new location this June. The South Asia Real Estate Seminar, a collaborative effort between the HBS Executive Education Program and the HBS Indian Research Center, will offer a four-day workshop in Hyderabad, India that aims to connect experienced executives […]

Rise In Gold Price

January 29, 2008, New Delhi: Gold prices have got a rise by Rs. 40 today. It reaches to the high of Rs. 11960. Main reason behind this growth is the aggressive buying by stockists. It has also got record level in overseas market. Apart from the rise in price in overseas markets, covering of short […]