Property News from IndianRealtyNews |  |
- DLF Plans Exit from Hospitality Venture
- DLF’s Consolidated Net Profit Jumps to Rs 426 crore
- BPTP Expecting Rs2,500 crore sales from NCR Projects
- HDIL’s Registers 5% Dip in Q4 Sales
- Govt Plans to Change Home loan Prepayment Rules
- Real Estate Firms Booked for not Delivering Fates in Greater Faridabad
- Govt to Unveil Monitoring Plan for Infrastructure Sector
| DLF Plans Exit from Hospitality Venture Posted: 18 May 2010 12:05 AM PDT The country's top real estate company DLF confirmed on Monday that it had decided to sell its stake in ultra-luxury hotel group Aman Resorts as part of its planned exit from the hospitality business, but a sale will exclude Aman's New Delhi property. DLF's chief financial officer Ashok Tyagi told analysts that the company was [...] |
| DLF’s Consolidated Net Profit Jumps to Rs 426 crore Posted: 18 May 2010 12:03 AM PDT Riding on the sharp recovery in the real estate sector, DLF, the country's largest real estate company, reported over two-fold jump in consolidated net profit to Rs 426.4 crore in the fourth quarter ended March 2010 as compared with Rs 158 crore in the corresponding period of the previous year. During the quarter, DLF's total [...] |
| BPTP Expecting Rs2,500 crore sales from NCR Projects Posted: 16 May 2010 11:20 PM PDT BPTP Group, the New Delhi-based real estate developer, is looking at racking up sales of over Rs 2,500 crore in the next 18 months from projects launched in the National Capital Region, its senior official said. The company has launched 18 projects in the last couple of years with total saleable area of 36 million [...] |
| HDIL’s Registers 5% Dip in Q4 Sales Posted: 16 May 2010 10:19 PM PDT Housing Development & Infrastructure Ltd (HDIL), the country's fourth-largest realtor according to market capitalisation, saw lower sales of transfer of development rights (TDRs) in Mumbai in the fourth quarter of the last fiscal as against the third-quarter sales. HDIL registered a dip of 5 per cent in sales mainly in the March when buyers stopped buying [...] |
| Govt Plans to Change Home loan Prepayment Rules Posted: 16 May 2010 09:10 PM PDT The government may seek changes in the prepayment rules to enable a home loan borrower to shift to cheaper lenders if his bank raises interest rates soon after disbursing the loan. The government wants banks to provide a two-month window to their new borrowers to shift to some other bank without prepayment penalty if they have [...] |
| Real Estate Firms Booked for not Delivering Fates in Greater Faridabad Posted: 16 May 2010 08:28 PM PDT The police have registered cases against some real estate companies, who allegedly cheated people by not delivering flats in Greater Faridabad. Two cases were registered against a real estate company on May 8, police said. The case was registered on the complaint of one Sunita Saluja of Sector 17, Faridabad, who claimed she booked a flat [...] |
| Govt to Unveil Monitoring Plan for Infrastructure Sector Posted: 16 May 2010 07:13 PM PDT The government will unveil a monitoring plan for infrastructure sectors next week, as it looks to improve the performance of ministries and address delays in implementation of projects. Planning Commission deputy chairman Montek Singh Ahluwalia is expected to unveil the plan today after a meeting with officials of key infrastructure ministries governing sectors such as power, [...] |
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