Property News from IndianRealtyNews

Property News from IndianRealtyNews

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Shristi Mulls Rs 750 crore Investment in Integrated Luxury Housing Complex at Kolkata

Posted: 24 Oct 2010 11:33 PM PDT

Shristi Infrastructure Development Corporation is planning to invest Rs 750 crore for developing an integrated luxury housing complex in Kolkata, offering flats at Rs 4 crore. The company will develop 96 apartments in the project named 'V'. It will customise units according to buyers’ need. The sizes of the apartments are 4,600 sq ft per [...]

Sahara Awaits Real Estate Boom to Launch its IPO

Posted: 24 Oct 2010 11:31 PM PDT

Sahara India Group will wait for the market conditions to turn favourable for the real estate sector before taking its realty arm public. Sahara’s real estate company, Sahara Prime City Ltd (SPCL), has been mulling an Initial Public Offering (IPO) to raise funds from the capital market for quite some time. The company had filed [...]

Sobha Developers Q2 Net Profit Surges to Rs 58.9 crore -Plans Entry into Gurgaon

Posted: 24 Oct 2010 10:47 PM PDT

Bangalore-based Sobha Developers registered a net profit of Rs 58.9 crore for the quarter ended September, up 114 per cent from the corresponding quarter last fiscal. The company has posted a net profit of Rs 27.5 crore in the second quarter last fiscal. The company’s revenue grew to Rs 431.3 crore as compared to Rs [...]

Real Estate Major M3M Group Debuts with “Luxury Golf Estate project” in Gurgaon/Plans Commercial, Retails IT/ITES SEZs across India

Posted: 24 Oct 2010 10:38 PM PDT

Realty major M3M Group has launched its first project, M3M Golf Estate, in Gurgaon, targeting high net worth individuals (HNIs). Spread over 75 acres on the Golf Course Road Extension in Sector 65, the M3M Golf Estate offers luxury apartments built around a 9-hole reversible 'In-City' golf course designed by Graham Cooke and Associates. Already [...]

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