Property News from IndianRealtyNews

Property News from IndianRealtyNews

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HDIL Announces Q1 Results- Reports 52.26% Rise in Revenues

Posted: 01 Aug 2010 10:54 PM PDT

New Delhi Housing Development and Infrastructure Limited (HDIL), a leading real estate developer has announced its results for Q1 ended 30th June 2010. The Turnover stands at Rs. 450.92 crores and PAT available for appropriation is Rs. 234.31 crores. Commenting on the results, Sarang Wadhawan, Managing Director of HDIL said "We are very pleased to [...]

Students Bear the Brunt of Commonwealth Games- Rentals Sky-high in Delhi

Posted: 01 Aug 2010 10:53 PM PDT

With hostels in Delhi University emptied of their occupants to prepare rooms for the Commonwealth Games, thousands of students are out on the roads scouting for temporary accommodation. But not to miss an opportunity, the real estate owners have jacked up prices of rooms around the campus area. A tiny servant quarters with attached toilet, [...]

Emaar MGF to Set off IPO Process for the 3rd Time

Posted: 01 Aug 2010 10:52 PM PDT

Real estate company Emaar MGF will soon set off an initial public offering ( IPO) process for a third time in as many years, probably at a valuation one-fourths of what it hoped for in 2008. It's preparing a prospectus with plans to sell 10% of the company for Rs 1,500 crore from the Rs [...]

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