Raheja Universal Ltd’s is rated a three star on the scale of CRISIL. This implies that the proposed issue of Rs. 864 cr. is an average proposal as compared to other listed ones. Mumbai will soon be gifted around 70 million sq ft of developed area by Raheja Universal out of which 26 million sq […]
Tag: Realty Business
Indiareit buys Rs 300 crore stakes
November 26, 2008 – 6:00 am
Ajay Piramal-promoted real estate fund Indiareit has acquired about 15 percent stakes in Mumbai-based developer Neptune group for around Rs 300 cr. The deal assumes significance as the fund has chosen to invest in the company, rather than the usual practice of investing in individual projects. Neptune group chairman Nayan Bheda confirmed the deal, but […]
Bigger Players Are Looking For Trained Agents
August 25, 2008 – 7:50 am
With the city’s real estate market being dominated by smaller and unheard of players whose actions could fright away prospective buyers, the bigger players are joining hands to give a professional touch to the realty business. “We need to bring in additional people who are properly trained agents. This can be achieved by having a […]
Hunter Beer Maker Joins Realty Play With Madhya Pradesh Land Buy
May 22, 2008 – 7:04 am
The Bhopal-based Som Distilleries and Breweries, manufacturer of the Hunter beer, has acquired a 50-acre prime plot in Gwalior for Rs 266 crore from the Madhya Pradesh government. The company will develop a retail mall, a theme mall and two hotels — a star hotel and a budget hotel — as well as residential apartments, […]
