Property News from IndianRealtyNews

Property News from IndianRealtyNews

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Emaar MGF Clears Air on Valuation Exercise: Rebuff Report of a Possible Split

Posted: 01 Apr 2011 12:36 AM PDT

Real estate developer Emaar MGF said it conducts valuation exercise of its assets on a regular basis and rebuffed reports of a possible split between its partners — MGF Development and Dubai’s Emaar Properties. “Emaar MGF, on a regular basis, values its assets for banking or allied purposes. Emaar Properties, as an investor, also gets [...]

Sobha Developer to Launch Projects in NCR and Chennai

Posted: 31 Mar 2011 10:36 PM PDT

As Sobha Developers prepares to launch projects in new markets such as the National Capital Region (NCR) and Chennai, it could look at monetising more land to raise funds, according to reports. J C Sharma, managing director of Sobha Developers said that finances for the new project launches have already been tied up but the [...]

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