Property News from IndianRealtyNews |  |
- Aricent Group Sells 17.63 acres of Prime Gurgaon Plot to Ambience Developers for Rs 206 crores
- Fund Hit Realtors Selling Land Banks to Complete Projects
- Credai Evaluating Possibility to Replicate Pune’s Onsite Training Model for Other States
- Mafatlal sells Mumbai land to Piramal Realty arm for Rs 605 crore
- MCA to keep itself Away from Sebi-Sahara Dispute
| Aricent Group Sells 17.63 acres of Prime Gurgaon Plot to Ambience Developers for Rs 206 crores Posted: 19 Jun 2011 07:39 PM PDT Aricent group, a telecommunications research and development firm, has sold a prime plot of land in Gurgaon to local real estate firm, Ambience Developers, for Rs 206 crore. Ambience pipped DLF, Shapoorji Pallonji and AlphaG Corp to buy the 17.63 acre land on the Old Gurgaon Highway, immediately adjacent to the prominent residential project Gurgaon [...] |
| Fund Hit Realtors Selling Land Banks to Complete Projects Posted: 19 Jun 2011 07:30 PM PDT Sluggish sales, poor performance of the stock on the bourses and difficulty in raising money from banks and private equity (PE) players are forcing many real estate developers to turn to sell their land banks to raise funds to complete their projects. “A lot of real estate credit is lying unused by the banks and [...] |
| Credai Evaluating Possibility to Replicate Pune’s Onsite Training Model for Other States Posted: 19 Jun 2011 07:12 PM PDT The Confederation of Real Estate Developers Association of India (Credai), the apex body for private real estate developers in the country, is currently evaluating the possibility of replicating the onsite training model for construction workers, being implemented by its Pune chapter, to more states shortly. "At present, Credia's national skills development committee is studying the [...] |
| Mafatlal sells Mumbai land to Piramal Realty arm for Rs 605 crore Posted: 19 Jun 2011 06:24 PM PDT Defying sluggish property sales, high interest rates and inflation, money continues to flow into big-ticket land deals in Mumbai. On Friday, Mafatlal Industries sold a 30,910 square metre parcel of land at Byculla in central Mumbai for Rs 605.80 crore to Gliders Buildcon LLP, a subsidiary of Piramal Realty. On Thursday, Mafatlal had got shareholder [...] |
| MCA to keep itself Away from Sebi-Sahara Dispute Posted: 19 Jun 2011 06:22 PM PDT The Ministry of Corporate Affairs (MCA) washed off its hands from the ongoing dispute between Sebi and Sahara Group companies, which has been restrained by the market regulator from mobilising funds from the public. In a statement, the MCA has clarified that Sahara Prime City intended to go for an IPO and had filed information [...] |
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