Property News from IndianRealtyNews

Property News from IndianRealtyNews

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DB Realty Issues IPO at Rs 468 per Share

Posted: 06 Feb 2010 12:00 AM PST

Real estate developer DB Realty has fixed the issue price of its initial pubic offer (IPO) at Rs 468 per share, the lower end of its price band. Mumbai-based realty firm’s Rs 1,500 crore initial pubic offer (IPO) that closed on February 2, was subscribed nearly three times. The issue would constitute 13.18 per cent [...]

PE Firm Red Fort to Invest in Greater Noida Project

Posted: 05 Feb 2010 11:59 PM PST

Red Fort Capital, an India-focussed private equity (PE) firm, on Thursday announced a Rs 200-crore investment to pick up an undisclosed stake in a residential housing project to be developed by Noida-based real estate firm, 3C Company. The funds will be used to develop around 3,500 apartments in the project, spread across 41 acres at [...]

Real Estate India still has Potential

Posted: 04 Feb 2010 11:55 PM PST

Rajeev Malik, Head, India and ASEAN Economics, Macquarie Securities Group, gave his views on where to invest money. Well for me personally, real estate in some cases still looks more attractive. At the end of the day, it is very much an individual risk appetite and portfolio requirements as such. Equities would be an important [...]

Mumbai Top Real Estate Destinations in Terms of Price Escalation

Posted: 04 Feb 2010 11:52 PM PST

Property-seekers might think Delhi-NCR has the maximum appreciation potential within a year’s time. However, according to the latest property index released by real estate portal Makaan.com, it’s the Mumbai real estate market which beat all Indian cities in terms of price escalation over a period of 12 months. Mumbai has bucked the economic slowdown by [...]

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