Property News from IndianRealtyNews |  |
- DLF to Launch Two Housing Projects in Mumbai
- Real Estate Developer Omaxe Plans to Raise Rs 800 cr through QIP
- Aditya Birla Retail closes 39 Stores
- Reheja Universal to Raise 8.5 Billion Rupees via IPO
- Investors Showing Interest in Residential Properties
- Godrej Sells 49% Stake in Godrej Sea View Properties for INR550 Million
- New Delhi and Mumbai Considered Most Preferred Real Estate Investment Destinations
| DLF to Launch Two Housing Projects in Mumbai Posted: 31 Mar 2010 10:30 PM PDT DLF, the largest real estate developer in the country by market capitalisation, is looking to launch two housing projects in Mumbai at a price range of between Rs 15,000 and 25,000 per square feet as it expects the residential segment in the region to outpace the retail and commercial markets. The company will launch a [...] |
| Real Estate Developer Omaxe Plans to Raise Rs 800 cr through QIP Posted: 31 Mar 2010 10:27 PM PDT Real estate developer Omaxe on Wednesday said it is planning to raise Rs 800 crore through private placement of shares and stake sale at projects level, mainly to repay part of its debt. “We intend to raise Rs 800 crore next fiscal mainly to retire part of our debt, which stands at Rs 1,650 crore,” [...] |
| Aditya Birla Retail closes 39 Stores Posted: 31 Mar 2010 10:22 PM PDT Aditya Birla Retail, which runs supermarkets and hypermarkets, has closed 39 stores, including two-thirds of its outlets in Gujarat, company CEO Thomas Varghese said. The retail venture of the $28-billion Aditya Birla Group has closed these stores over the last nine months as part of a strategy to discontinue unprofitable stores. "Any store that is [...] |
| Reheja Universal to Raise 8.5 Billion Rupees via IPO Posted: 31 Mar 2010 09:55 PM PDT Indian real estate firm Raheja Universal plans to raise about 8.5 billion rupees ($188.5 million) through an initial public offering of shares, two sources with direct knowledge of the deal said on Wednesday. The Mumbai-based firm has filed initial papers with the stock market regulator, Securities and Exchange Board of India, said one source, who [...] |
| Investors Showing Interest in Residential Properties Posted: 31 Mar 2010 09:52 PM PDT Investors are returning to real estate in interesting avatars after a hiatus of a year-and-a-half. Many of them have sold properties at high prices in recent times on the back of a recovery, and are now eyeing fresh projects to put their money in. They are primarily long-term players, many of them rich individuals looking [...] |
| Godrej Sells 49% Stake in Godrej Sea View Properties for INR550 Million Posted: 31 Mar 2010 07:55 PM PDT India’s Godrej Properties Ltd. has signed a pact with HDFC Asset Management Co. to sell a 49% stake in unit Godrej Sea View Properties Pvt. Ltd. for INR550 million. In a note to the Bombay Stock Exchange, the real estate developer said it has sold the first tranche of 22.27% for INR250 million and [...] |
| New Delhi and Mumbai Considered Most Preferred Real Estate Investment Destinations Posted: 29 Mar 2010 09:10 PM PDT New Delhi and Mumbai are considered the most preferred real estate investment destinations for this year (2010), with 62 per cent of prospective buyers wanting to invest in a home and live in these two cities, a nationwide survey revealed here Monday. The survey by housing and realty portal entitled “Realty Trends-2010″ conducted in the [...] |
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