February 11, 2013 – 6:31 pm
DLF, India’s largest real estate developing firm, plans to raise Rs.2,100 Cr through institutional placement program (IPP). DLF plans to sell nearly 8.1 Cr shares to raise the amount. DLF is all set to raise a huge fund through institutional placement program – market system in which the stakes of the seller-firm are sold to […]
January 14, 2013 – 8:39 pm
CCI will frame a new agreement to smoothen the relationship between the Developers and the buyers. CCI hopes that the new agreement will serve as a benchmark for all commercial dealings. Competition Commission of India (CCI) will come up with a revised agreement between the property taker and the developer. CCI frames the new agreement […]
January 8, 2013 – 6:17 pm
Real estate shares face heavy pressure of selling due to the sluggish real estate market. The pressure was all the more accelerated when the BSE real estate index closed at 1,822.14 in last week. Real estate shares fall by 3% and this sector faced the biggest fall in the share- market. Due to profit booking […]
December 13, 2012 – 7:12 pm
CCI has initiated probe against a major real estate firm which is alleged of conducting anti-competitive practices. Five other major real estate firms are included in the list. The Competition Commission of India (CCI) has received many complaints against some major real estate dealers being anti-competitive. Nearly five real estate firms are alleged of anti-competitive practices. All of […]
December 12, 2012 – 7:23 pm
Real estate sector is set to bounce back after its sluggish momentum which the sector has been undergoing for a while. Real estate majors – Supertech and Ansal API have recently announced their fresh launches. These projects are to be completed with an amount of Rs.8,000 Cr. The real estate majors plan to complete the […]
December 3, 2012 – 6:44 pm
On another controversial move, Prime Minister’s Office gave clean certificate to Robert Vadra against the Real Estate Scam between Him and DLF. PMO in its affidavit submitted to the Allahabad High Court stated that the real estate dealings between the real estate developer firm DLF and Robert Vadra are entirely a personal matter.
India’s Lodha Group is in advanced talks to buy a plot of land in Mumbai from DLF, the country’s largest listed real estate developer, for about $500 million, two sources with direct knowledge of the situation said. Sale of the 17-acre plot is seen as part of DLF’s plan to sell some of its assets […]
The Competition Commission of India (CCI) has pulled up real estate major DLF Ltd in a recent order for cancelling the allotment of an apartment of a member of DLF’s Park Place RWA, stating that it was in “direct contravention” of its stay order of September 2010. The order was passed by the commission to […]
Reuters Market Eye – India’s biggest real estate developer DLF (DLF.NS) rose 3.2 percent to 188.10 rupees after Goldman Sachs upgraded its rating on the stock to “buy” from “neutral” and raised its 12-month target price to 264 rupees from 252 rupees. Goldman cited a pickup in residential launches, a recovery in commercial property, easing interest rates, […]
Garden city, the first ever residential project in Lucknow by DLF has bagged the “Integrated Township of the Year – North India” award at the Realty plus Excellence Awards 2012, instituted by real estate monthly magazine Realty Plus. Cheered by a galaxy of realty stars, luminaries and other stakeholders present from all over the country at […]
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Also tagged Ananta Singh Raghuvanshi, Bangla Sahib road, Bengaluru, Chennai, city of Nawabs, director sales and marketing, DLF India Ltd, Garden City, Hyderabad, Integrated Township of the Year Award, international living standards, Lucknow, Metropolitan Hotel, New Chandigarh, Real Estate Industry, Realty Plus, Realty plus Excellence Awards 2012, Residential project
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September 3, 2009 – 5:10 pm
Real estateAs we all know that property buyers are coming back to market, this time can be marked as market revival time. Once again the buyer has lots of choices and the seller has more profit from dealing. After observing the increase in demands in real estate industry, developers are all set to increase the […]
PropertywalaDLF has dropped its plans to develop a mall on upmarket Commander-in-Chief Road in Chennai due to the ongoing economic recession. The company has now sought permission to develop the land as a premium residential project. DLF Southern Homes director KK Raman said, “We have completed the design process. We are awaiting approval to announce […]
Mumbai seems to be the next destination for realty giants DLF and Unitech. Both companies are trying to restart some of their projects in Mumbai which were on hold. Unitech, said, “We have a number of slum redevelopment projects in Mumbai. We also have a focus on affordable housing and some projects will be announced […]
Diversified equity mutual funds are betting big on realty, the best performing category in the past one month. The construction segment has shown the highest growth in exposure in value terms in May spurting 95.53% to Rs 7565.76 crore. Construction has now emerged as one of the most favoured sectors for mutual funds and now […]
December 15, 2008 – 4:28 am
Realty stocks gathered momentum Monday on media reports that state-run banks will unveil special home loan plans as part of the federal government’s stimulus package. Under the package to be announced by the Indian Bank Association, housing loans up to Rs 500,000 will be priced at 8.5%, and borrowers in the 5-20 lakh category will […]
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Also tagged Borrowers, Home Loan, Housing Loans, Loan Insurance, Loan Plan, Margins, Realty Stocks, Segments, sobha developers, Stimulus Package, Unitech, Upfront Payment
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November 6, 2008 – 1:19 am
The DLF-Hilton, the joint venture company formed between India’s largest real estate company and world’s largest hotel chain, has been hit by regulatory delays. The first project, The Hilton Garden Inn in New Delhi, which was supposed to have opened in December, is delayed due to local planning consents and license approval. However, Hilton Hotels […]
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Also tagged Dwarka, First Hotel, Hilton Garden Inn, Hilton Homewood Suites, Hilton Hotels, Hilton Hotels Corporation, Hotel Business, Hotel Projects, Joint Venture Company, Kolkata, Largest Hotel, License Approval, Ongoing Development, Saket, Stock Exchanges
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September 30, 2008 – 1:32 am
Major real estate players including DLF, Unitech, Parsvnath and Omaxe appear to have taken a sharp hit with the slowdown in the economy as their advance tax payments have fallen sharply. Faced with lower sales and liquidity crunch, DLF hasn’t paid any advance tax in September of this financial year, compared to Rs 37 crore […]
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Also tagged Ansal Properties, Baliga, Current Market, Goel, Hdil, Industry Executive, Liquidity, Market Scenario, Parsvnath, Previous Announcement, Real Estate Sector, Realty Firms, Rohtas, Scrip, Share Buyback, Slowdown, Stock Broking, Tax Payments, Unitech
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September 1, 2008 – 5:52 am
Singur may be grabbing headlines, but it isn’t the only project where the West Bengal government has ‘landed’ itself in a mess. Another storm is developing just 20 km away from Singur, where DLF is growing annoyed with its proposed Dankuni township. The real estate giant has threatened to pull out of the thirty three […]
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Also tagged Dankuni, Development Minister, District Administration, Estate Projects, Ppp Project, Public Private Partnership, Real Estate, Singur, Township Project, Urban Development, West Bengal Government
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August 27, 2008 – 2:53 am
The largest real estate company by market share DLF Ltd is planning to raise Rs 10,000 crore over the next one year. The shareholders will pass an enabling resolution to this effect in the next annual general meeting which will be held on September 30. According to a DLF spokesperson, “This is a normal procedure […]
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Also tagged Agm, Chennai, Earning Per Share, Equity Share, Gurgaon, Indore, Market Share, Maximum Price, Proposal, Rajarhat and Kochi, Share Price, Shareholders, Stock Exchange, Stock Prices
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August 21, 2008 – 5:13 am
Leading hotel chains and top real estate developers are understood to be bidding for the beleaguered UK investment group Dawnay Day’s four-star hotel chain Ten Hotels and other real estate assets in India. ITC, Royal Orchid, Pride Hotels, Sarovar group, Lemon Tree, DLF and Paraswanath have made a pitch for the deal, which is valued […]
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Also tagged Business Restructuring, Construction Activities, Dawnay Day, Estate Assets, Four Star Hotel, Hotel Chains, Investment Bankers, Investment Group., Jaipur, Lamba, Leading Hotel, Lemon Tree, Mandeep, Real Estate Developers, Suitable Buyer, Top Real Estate Developers, Uk Investment
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August 12, 2008 – 4:23 am
With the stock markets down in India, the realty market here offers a reliable investment avenue. There are three reasons why NRIs invest in India — they remit money for family expenses or investments or for maintaining their bank accounts and investments here. According to RBI records, NRIs’ annualised remittances to India have grown from […]
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Also tagged Ahmedabad, Asset Class, Bank Accounts, Family Expenses, Goa, Investment Destination, Investments, Joshi, K Raheja, Mumbai, Non Residents, Prominence, Real Estate Investment, Real Estate Investment Company, Realty Market, Remittances, Stock Markets
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AMBALA : A historical district of Haryana, may still be longing for true genesis of its nomenclature but the city is slowly opening up to real estate investments that were non-existence till a couple of years ago. The city, divided between Ambala Cantt and Ambala City, is bringing up a few group housing schemes and […]
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Also tagged Ambala Cantonment, Ambala Cantt, Ambala City, Chandigarh, Commercial Projects, Dera Bassi, Housing Project, Housing Schemes, Land Banks, Omaxe, Real Estate Investments, Reliance Industries, Residential project, Transit City, Vatika Group
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Unitech International Real Estate Fund is learnt to have raised $300 mn which will be deployed in Unitech’s residential projects. The new fund will help the country’s second-largest, listed developer tide over the liquidity crunch dogging almost all real estate firms. A senior Unitech executive, who didn’t wish to be named, told that an European […]
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Also tagged Finance Model, Free, Housing Sales, Independent Fund, Japanese Bank, Largest Realty, Management Arm, Real Estate Sector, Realty Advisors, Realty Firms, Residential Projects, Unitech
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Kumar Builders stood tall at the Pune Real Estate Summit & Excellence Awards 2008 presented by Amicus Enviro Consultancy, a Delhi-based environment consultancy firm, at a function at Le Meridien on Saturday evening. As many as 28 companies vied for honours for the prestigious awards. Amongst the big names in the nominees were Kumar Builders, […]
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Also tagged Behl, Environment Consultancy, Kruti, Kumar Builders, Mudaliar, Paranjape Schemes, Pune Real Estate, Real Estate Developer, Real Estate Marketing, Retail Project, Vascon
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Despite of doubt over the fortune of the township project at Dankuni, real estate major DLF, in charge of executing the project, is hopeful of going ahead with it. According to DLF officials responsible for the Dankuni project, “The company remains committed to the project. The government has not briefed DLF about any of its […]
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