Tag: Ongoing Projects

Embassy Properties Plan Realty Projects

Photo by avlxyzEmbassy Property Development, a Real Estate Firm has planned a public issue of Rs. 2400 cr to Finance Realty Projects. It has already filed Draft Red Herring Prospectus (DRHP) with the market regulator SEBI. The firm also plans on considering pre-IPO placements of Rs. 1175 cr worth of equity shares. Embassy Properties have […]

Realty companies look at alternative financial support

With banks reluctant to lend to the real estate sector, developers are looking at alternative instruments of funding such as lease discounting for completing ongoing projects, especially the commercial ones. The sector, which has been hit by the global financial crisis, has seen more than a 60% fall in demand in the last six months, […]

Sahara India Group To Explore Business Prospects In UAE

Indian company Sahara India Group said it will explore business prospects in the UAE. Subrata Roy chairman of Sahara will be in the UAE to look for prospective projects in different sectors. Sahara India Group, which puts the market value of its property at more than fifty billion dollar, has diversified business interests in areas […]