Property News from IndianRealtyNews |  |
| Parsvnath Receives Shareholders Approval to Raise up to Rs 2,000 crore Posted: 26 Sep 2011 08:13 PM PDT Real estate developer Parsvnath today said it has received shareholders’ approval to raise up to Rs 2,000 crore through the issue of securities to qualified institutional buyers. In a filing to the Bombay Stock Exchange (BSE), the company said it has received approvals to raise up to Rs 2,000 crore in long-term funds through the [...] |
| Developers May Increase Gujarat Residential Rates Post Diwali Posted: 26 Sep 2011 06:22 PM PDT Home sales are far and few, but a section of Gujarat builders is planning to raise prices by 10% post-Diwali. Real-estate experts however, feel that the move could possibly boomerang in the present market conditions. Rising construction and labour costs are the main reasons for a possible hike being considered by the developers most of [...] |
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