Tag Archives: New Delhi

Fitch assigns ‘A-’ rating to Ansal Properties

February 25, 2008 – 8:51 am

NEW DELHI: Credit rating agency Fitch on Monday assigned ‘A-’ rating, indicating investment grade, to Ansal Properties & Infrastructure Ltd (API) for its long-term debt programme of Rs. 100 crore.
Fitch said in a release that the ratings assigned denote that the company’s financial leverage has improved substantially over the last two years.
The rating takes into [...]

By Rajani | Posted in Real Estate News | Also tagged , , , , , | Comments (0)

Realty seeks tax, input price relief

February 25, 2008 – 2:42 am

New Delhi: Real estate companies wish for taxes to be lowered and prices of construction materials controlled in the forthcoming budget.
Vipin Agarwal executive director of Omaxe Ltd states that they want tax breaks on infrastructure, which were there till last year. Infrastructure improvement is important for the improvement of the country. So they should get [...]

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Sistema is now planning to invest in India real estate

February 13, 2008 – 12:06 am

NEW DELHI, Feb 12.  Russian services conglomerate Sistema  will enter the real estate business in India, a top company official said on Tuesday. The firm will bring its real-estate business Sistema-Hals to India, and will look at opportunities around the national capital of New Delhi, Goncharuk said.Â
“We are entering real estate … We might have [...]

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Forthcoming Budget Could Be Harsh

January 30, 2008 – 4:35 am

29 January 2008, New Delhi. Mr. P Chidambaram, Finance Minister of India, said on Tuesday that the coming budget could be harsh on the people. He is going to present the union budget in February. Mr. Chidambaram was asked about the tax cuts in the forthcoming budget, when he was attending an award ceremony. Mr. [...]

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