Tag: Sobha Developers

Chintels India’s New Venture

December 6, 2010 – 5:36 pm

In a press conference today, Realty firm Chintels India Ltd. said it will invest about Rs 310 cr over the next 3 years to develop a residential project  in the National Capital Region. The company has already acquired 12.3 acres of land for Rs 103 cr. Chintels India Ltd. has been active in the field [...]

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Sobha in talks with private equity

June 26, 2009 – 12:58 pm

Real estate major Sobha Developers is in talks with private equity players such as JP Morgan, Actis and IL&FS for selling stakes in some of its projects to raise much-needed fund for the development. Sobha is also planning a qualified institutional placement to reduce debt burden by almost eight hundred crore rupees this fiscal. The [...]

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Realty stocks battered, Unitech down by over 51%

October 25, 2008 – 2:48 am

Real estate sector was the biggest loser in today’s stock market plunge, led by country’s second largest firm Unitech that witnessed a sharp fall of over 51%. The realty index witnessed a 24.4% decline, which is more than double the benchmark index Sensex fall of nearly 11%. The index has fallen by 31 per cent [...]

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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 [...]

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Buy A House And Get A Car Free

January 28, 2008 – 5:43 am

Real Estate businessmen of Bangalore have always been in search for techniques to grab the attention of customers for their properties. Recent publicity stunt is ‘buy a house and get a car a free gift’. For example, if a customer buys a flat of worth 200 lacs, he gets a car as a free gift [...]

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