Property News from IndianRealtyNews

Property News from IndianRealtyNews

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Companies Want Excise Stimulus to continue in Next Fiscal- Assocham

Posted: 17 Feb 2010 10:01 PM PST

Corporate India wants stimulus package given in the form of excise duty cuts by the government to industry in the wake of the global financial crisis, to continue into the next fiscal, says a survey. “Majority of India Inc seeks extension of existing excise sops for the next fiscal,” Assocham said citing a survey. About [...]

Real Estate Players Plan To Raise $5.7 Billion over the Next 18 Months: JLLM

Posted: 17 Feb 2010 10:01 PM PST

Real estate players plan to raise a whopping $5.7 billion over the next 18 months through public offer and private placement of shares to fund projects and repay debts, property consultant Jones Lang LaSalle Meghraj (JLLM) said. “At least $2.45 billion is expected to be raised through QIPs for which real estate players have shareholders’ [...]

Vascon Plans To Develop Non-Major Airports in India with Foreign Joint Venture Partners

Posted: 16 Feb 2010 09:55 PM PST

Vascon Engineers, an engineering, procurement and construction (EPC) services and real estate development company, plans to develop non-major airports in India with foreign joint venture partners, a top company official said. “We plan to develop upcoming airports in the country with foreign JV partners. This will add value to our propositions,” Vascon Engineers chairman and [...]

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