October 8, 2009 – 11:47 am
Godrej Industries has entered into an agreement with Godrej & Boyce and Godrej Properties to form a special purpose vehicle for developing its property at Vikhroli, the company said in a communique to the BSE.
Without divulging details on the area to be developed, it said that the board of directors, through a circular resolution on [...]
September 30, 2009 – 8:00 pm
Construction company, Unity Infra projects said that it has received a contract worth Rs 54.56 crore from Amanora Park Town for construction-related works. The scope of work includes construction of six towers among others, Unity Infra projects said in a filing to the Bombay Stock Exchange. The project is scheduled to be completed in 29 [...]
September 27, 2008 – 12:38 am
Indian real estate sector is going through a big slump. Not only Indian but real estate sectors around the world are facing slump. Property dealers are registering big losses. Biggest example of loss in real estate sector is DLF Group whose share prices have gone down up to 76% on BSE. Because of slump real [...]
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The sharp fall in shares of realty majors in India has meant that not a single Indian real estate company figures in Standard & Poor’s Asia Property 40 Index.
The index comprises forty Asian realty companies listed in terms of market capitalization, an S&P release said on Monday. From a year high of 13848.09 on 8th [...]
By rajani
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Posted in Property News
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Also tagged Asia, India, Indian Property Developers, Indian Real Estate, J P Morgan, Market, Real Estate Company, Realty Companies, Residential, Singapore, Top 10
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Delhi-based real estate developer Omaxe has postponed its plan to raise Rs 1,500 crore through private placement until a favourable time.
This follows Unitech’s decision to put on hold $1.5-billion qualified institutional placement (QIP), and Emaar MGF’s initial public offer (IPO), which was withdrawn midway. Industry insiders say the delay in fund-raising plans is unlikely to [...]
Leading real estate firm DLF on Wednesday said it plans to make investments up to Rs 4,100 crore, including Rs 200 crores for setting up an asset management company.
The firm would be investing Rs 1,550 crores in DLF Limitless Developers Pvt Ltd, it said in a filing to the BSE.
Further, an investment of Rs 200 [...]
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