October 5, 2009 – 3:23 pm
Sahara Prime City, which aims to raise Rs 3,450 crore from an IPO, will utilize Rs 2,668 crore in the next 3 years to part-fund development of about nineteen thousand housing units across the country.
At present, Sahara Prime City is developing nine integrated townships and one residential complex in cities such as Lucknow, Indore, Nagpur, [...]
October 5, 2009 – 1:16 pm
Realty industry is all set to be lift up this Diwali. At least 12 public offerings, a slew of new projects and the return of private equity funds that had turned away proposals due to the global slowdown last year.
‘After weathering the worst funds crisis for one and half year, the realty sector has [...]
PropertywalaEmaar MGF, Godrej Properties, Lodha Developers, Sahara Prime City, Nitesh Estates and Sriram Properties will all hit the capital markets in the current year, declaring that the worst may be over for an industry that virtually cratered in the global economic storm last year.
With market conditions still tight, it will be tough for these [...]
In what would be the first major fund infusion into the Emaar MGF Group after a failed IPO, one of its promoters, Dubai-based Emaar is learnt to be investing $150 million to pick 20-25% stake each in three real estate projects of Emaar MGF.
This would be separate from its equity contribution in the JV firm [...]
By rajani
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Posted in Property News
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Also tagged Commercial Projects, Commercial Retail, Emaar Mgf, Gurgaon, Home Buyers, Hospitality Sector, JV Partner, Lehman Brothers, Market, Private Equity, property, Realty Firms, SPV
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India’s second-biggest property firm, Unitech, has scrapped plans to list a US$600 million ($824 million) real estate investment trust here.Its big rival, DLF, which is India’s biggest developer, did likewise in March, announcing it would delay its listing plans.
Ahmedabad-based realty player JP Infrastructure Pvt Ltd (JPIPL) is in initial phase of talks with a foremost PE fund to raise around two hundred crore. The company is also planning to come out with an initial public offer and had selected Cushman & Wakefield in December preceding year for valuation of its assets.
According to a [...]
February 20, 2008 – 8:46 am
The withdrawal of an IPO by a big property developer in India earlier this month was just the latest sign of the growing difficulties companies world-wide are having tapping capital markets.
But the message for the sizzling Indian real-estate development business was worse: get ready for a slowdown.
Emaar MGF Land Pvt. Ltd. said it pulled its [...]
January 28, 2008 – 7:07 am
Uppal Housing Ltd has planned to raise Rs 3000 crore fund through IPO i.e. Initial Public Offering of shares and pre-initial public offering placement this year for its ongoing projects. This plan will come to reality in second half of this year. Mr. Ajay Mangal, Director, Finance, Uppal Group said, “We are looking to dilute [...]
By rajani
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Posted in Property News
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Also tagged Goldman Sachs, Housing Company, Hyderabad, Initial Public Offering, Merchant Bankers, New Delhi, Private Equity Firms, Public Issue, Special Economic Zone, Uppal, Uppal Housing Pvt Ltd
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