In its upcoming mid-term appraisal, the Planning Commission is likely to introduce couple of new schemes for real estate sector so that it acquires a priority status at times of meltdown and provide for “affordable housing”. Announcing this at the ASSOCHAM National Conclave on Threat Before Real Estate Sector – What are Solutions? held here […]
Tag: Omaxe Ltd
Mahindra Lifespaces Mulls Entering Affordable Housing Segment
September 25, 2008 – 11:14 pm
Mahindra Group’s real estate arm Mahindra Lifespaces is likely to join the ‘affordable’ housing bandwagon in a year, aiming the middle-income group. “We are looking at opportunities to enter into the affordable housing sector, but it is still at the discussion stage. It may take one year to concertise the plan,” Mahindra Lifespaces Managing Director […]
Omaxe Raises Rs 100 Crore Via Private Placement
May 26, 2008 – 6:19 am
Real estate firm Omaxe Ltd said on Monday that it has raised 1 billion rupees through private placement of debentures to LIC Mutual Fund. The company also said that it is planning to acquire companies overseas, including in the United Arab Emirates.
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 […]
