Tag Archives: Realty

Indian Realty Need Chinese Rules

July 24, 2008 – 5:47 am

It’s now quite evident that real estate companies are in for some difficult times. CRISIL not only foresees a delay in many planned and ongoing projects, it believes several players are over-leveraged and that the combination of sluggish demand and rising costs will lead to a shakeout. In particular, residential complexes, funded largely by customer [...]

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Realty Feeling Heat Of Market Meltdown

June 7, 2008 – 12:02 am

The real estate sector seems to be at the receiving end of the market meltdown, with the DLF scrip ending below its issue price. For the first time after its listing, the stock of India’s largest real estate developer closed below its issue price of Rs 525 at Rs 519.95.
Although it was closing at all-time [...]

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Realty stocks gain ground

April 29, 2008 – 5:49 am

Realty stocks, which opened on a subdued note this morning, are among the prominent gainers in afternoon trade. Mirroring investor interest for these stocks, the BSE Realty index has spurted 3.7% now. Sector heavyweight DLF has gained nearly 7% at Rs 715.
Unitech, a Nifty component, has posted a gain of 4.6%. Penland, HDIL, Sobha Developers, [...]

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Deutsche Bank Arm Views Scope In Realty

April 29, 2008 – 5:47 am

Just when it seems that the realty run is almost over, a Deutsche Bank arm has announced an investment of over $1 billion over the next three years in the Indian real estate sector.
RREEF Alternate Investments, the global alternate investment management business of Deutsche Bank, today announced that it would invest over $1 billion in [...]

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Multiple FDI projects may give relief to realty players

April 1, 2008 – 7:02 am

Real estate companies, who are bound by strict conditions for bringing in foreign direct investment (FDI), can now look forward to a breather.
Companies developing several projects simultaneously are likely to get a waiver on meeting FDI conditions on some if majority of the projects are FDI-compliant. Realty companies are subjected to conditions such as three-year [...]

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