Property News from IndianRealtyNews

Property News from IndianRealtyNews

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Indiabulls Real Estate’s Second Quarter Profit surges 11-fold

Posted: 21 Oct 2010 03:37 AM PDT

Indiabulls Real Estate Ltd said profit in the second quarter jumped almost 11 times as home sales climbed. Net income rose to 508.6 million rupees ($11.5 million) in the three months ended Sept 30 from 46.9 million rupees a year earlier, the Mumbai-based developer said in a statement to the Bombay Stock Exchange. Sales climbed [...]

Thai realtor Pruksa Lunched Residential Project in Bangalore

Posted: 21 Oct 2010 03:24 AM PDT

Thai real estate developer Pruksa Global plans to invest Rs 1,000 crore in projects in India and launched its first residential project in the country at Bangalore on Wednesday. The company has incorporated a wholly-owned subsidiary in India, Pruksa India Housing, which announced a 26-acre villa and row house project in Bangalore. "Continuing our [...]

Supertech plans Rs 2,500 crore IPO

Posted: 21 Oct 2010 03:08 AM PDT

Real estate firm from the NCR, Supertech has chalked out its plans to launch a Rs 2500 crore IPO in the next 12-15 months. According to RK Arora, CMD, Supertech, Knight Frank has already been hired for the valuation of the company and it is expected to file DHRP with SEBI in about six months. [...]

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