Property News from IndianRealtyNews |  |
- DLF Garners more than 500cr from Sale of 150 Flats in Gurgaon
- Religare Close to Buy Indiariet Fund Advisors for Rs 250cr
- Scam Hit Developers Postpone IPO Plans
| DLF Garners more than 500cr from Sale of 150 Flats in Gurgaon Posted: 06 Dec 2010 10:37 PM PST Country’s largest realty firm DLF has sold 150 plots, garnering more than Rs 500 crore, in a township project at Gurgaon, PTI reported, citing sources. DLF launched a 100-acre township ‘Alameda’ in Gurgaon. In the first phase, it released 150 plots at Rs 60,000 a sq yard with inaugural discount of 10 per cent and they [...] |
| Religare Close to Buy Indiariet Fund Advisors for Rs 250cr Posted: 06 Dec 2010 10:34 PM PST Religare Enterprises is close to buying 85% of the Ajay Piramal Group promoted real estate fund Indiareit Fund Advisors, valuing the entire fund at around Rs 250 crore, two persons directly involved in the transaction said. The deal is expected to be announced by the end of December, they said. Indiareit managing director and chief [...] |
| Scam Hit Developers Postpone IPO Plans Posted: 06 Dec 2010 10:27 PM PST Six real estate companies, all set to raise over $2.9 billion or Rs 13,000 crore through the capital market, have postponed their plans till the middle of next year. Industry experts have blamed the LIC scam for bringing down the interests of foreign and domestic institutional investors in public offers. For some, the government and [...] |
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