Property News from IndianRealtyNews

Property News from IndianRealtyNews

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Oberoi Realty Ropes in Samsung C&T Corporation for its Luxury Project in Mumbai

Posted: 23 Aug 2011 07:36 PM PDT

Real estate firm Oberoi Realty has brought on board Samsung C&T Corporation as its general contractor for its ambitious mixed-use, high-rise luxury project in Worli, Mumbai. The deal marks the entry of Samsung C&T, which has constructed many of the world's tallest landmarks including Petronas Towers in Kuala Lumpur and Burj Khalifa in Dubai, in [...]

Real Estate Companies Adding Rs 14 crore debt a Day

Posted: 23 Aug 2011 07:33 PM PDT

The debt load of 11 listed real estate companies in the country has risen 15 per cent, or by Rs 5,000 crore, to Rs 38,500 crore in the last 12 months. That's nearly Rs 14 crore of debt added every single day. Most of the increase happened in the latter half of the last fiscal [...]

ASK Property Investment Advisors to raise INR 10 Billion by December

Posted: 23 Aug 2011 06:38 PM PDT

India’s ASK Property Investment Advisors aims to raise a 10-billion-rupee ($219 million) fund by December in a bet on the long-term case for property in Asia’s third-largest economy. The real estate-focused private equity firm, which manages assets worth more than 9 billion rupees, is in talks with developers in five of India’s largest cities to [...]

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