August 28, 2008 – 5:45 am
DLF Ltd, India’s biggest listed property developer, has sought shareholders consent to raise up to one hundred billion rupees by selling shares to institutional investors.
The New Delhi-based company said in its yearly report for a shareholders meeting on Sept. 30 it estimated to complete the share sale within 1 year of getting shareholder consent.
“This is [...]
By manish
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Posted in Real Estate News
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Also tagged Bse Index, Dlf, india, Initial Public Offer, Initial Share, Institutional Investors, Market Slide, Property Developer, Property Singapore, Property Trust, Shareholder, Shareholders Meeting, stock market
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After the fresh rise in real estate prices all over India, the reports are coming about rising rental prices in key industrial towns. A current report about rental prices in New Delhi has shown a 13 % rise in rental prices in year 2008.
Global real estate consulting company, Cushman & Wakefield has reported a rise [...]
By manish
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Posted in Real Estate News
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Also tagged Consulting Company, Cushman Wakefield, Global Real Estate, Gurgaon, Home Buyers, india, Mumbai, Property, Real Estate, Real Estate Consulting, Real Estate Prices, Rental Prices, Residential Property, Stake.
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NEW DELHI: Delhi Metro has produced six hundred crore revenue from the commercial use of its property during the first phase of the Metro project.
The real revenue generation is approximately double the target, thanks to skyrocketing commercial property prices and growing demand from retail sector and IT companies. Buoyed by the excellent response, DMRC officials [...]
April 24, 2008 – 10:29 am
Jodhpur-based High Pointe Real Estate Pvt Ltd plans to come up with a heritage boutique hotel, Mehran Heritage, in Jodhpur by November 2008. The hotel is mainly targeted at foreign and business travellers that come to Jodhpur, due to its proximity to business centres like New Delhi and Jaipur.
Mr. Mukesh Agarwal, Director, Mehran Heritage, said, [...]
National Real Estate Development Council (Naredco) is organising a National Conference on ‘Affordable Housing for All’. It will be held in New Delhi on 21 and 22 April 2008. The conference will be supported by Ministry of Housing and Urban Poverty Alleviation, Government of India and UN Habitat. Some of the other issues that will [...]
Delhi-based DLF group would shortly have its presence felt in the border of Chandigarh as the company is coming up with their DLF Garden City Project near Panchkula for which the company is eyeing two hundred acres. Out of the two hundred acres, the company is said to have acquired thirty four acres with rest [...]
By manish
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Posted in Real Estate News
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Also tagged Chandigarh, Club House, Dlf Group, Fortis, Four Acres, Garden City, Haryana Government, india, Panchkula, Real Estate Developers, Residential Apartments, Residential Project
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New Delhi :- Property investment division of Citibank has invested one hundred sixty million dollar in real estate major BPTP. earlier Citibank Property Investment (CPI) had invested eighty million dollar in the company to take 5.89 per cent stake. The hottest investment will be made in a special purpose vehicle (SPV) of BPTP, which is [...]
NEW DELHI: Playing on the basic economics of small margins-high volume, realty majors are now adding low-cost residential projects to their portfolio. Omaxe, DLF, Ansal API, Parsvnath, BPTP, et al are setting their eyes on the small and mid-income home buyer segment and lining up projects which will meet the aam aadmi’s need.
By manish
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Posted in Real Estate Information, Real Estate News
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Also tagged Ansal Api, Bhk, Bptp, Faridabad, Gurgaon, Housing, Housing Projects, Manesar, Parsvnath, Real Estate Developer, Residential Projects, Rohtas
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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 flats [...]
By manish
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Posted in Real Estate Events, Real Estate News
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Also tagged Asset Class, Bears, Bulls, Delhi Ncr, Estate Business, Investors, Launch, Real Estate, Real Estate Firm, Real Estate Market, stock market
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Panaji; The extensively promoted ‘Exclusive Goa Property Show’ scheduled at New Delhi, organised by Times Business Solutions Ltd, an enterprise of The Times of India Group, looked headed for some controversy with Goa’s internationally reputed fashion designer Mr Wendell Rodricks turning down their invitation to open the show.The show is at the famous Tivoli Garden-chatterpur temple near [...]
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