Property News from IndianRealtyNews |  |
- DLF Plans to Reduce Debt by Rs 2,500-3,000 crore this Fiscal
- Indiareit Fund Advisors in Talks wit Developers & Investors over Trinity’s Realty Exit
- Brigade Looking to Foray into Mid Range Hospitality Sector
| DLF Plans to Reduce Debt by Rs 2,500-3,000 crore this Fiscal Posted: 22 Aug 2011 08:06 PM PDT India's largest real estate developer, DLF, plans to reduce its debt by Rs 2,500-3,000 crore by the end of this financial year, according to group executive director Rajeev Talwar. The company aims to cut debt through the divestment of non-core assets, including hotels and plots of land that cannot be developed in the next five [...] |
| Indiareit Fund Advisors in Talks wit Developers & Investors over Trinity’s Realty Exit Posted: 22 Aug 2011 07:30 PM PDT Indiareit Fund Advisors is in talks with investors and property developers to sell the Alternative Investment Market-listed realty fund Trinity Capital's investments in India, Business Standard reported, citing three executives with knowledge of the discussions. Indiareit, the realty fund manager of the Ajay Piramal group, is also the Indian investment manager of Trinity, earlier known [...] |
| Brigade Looking to Foray into Mid Range Hospitality Sector Posted: 22 Aug 2011 07:15 PM PDT Brigade Hospitality Services, the hospitality arm of real estate developer Brigade Group, is looking at entering the mid-range hospitality segment in the South, according to a top official of the company. "We have 6-8 properties in the pipeline in the South. Among them would be mid-segment properties in the Rs 3,000-4,000 per night range," Vineet [...] |
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