Tag: Real Estate Investment Trust

Housing Shortage Will Hit India, Knight Frank Predicts

India is predicted to face severe housing shortage. According to the global real estate consultant firm Knight Frank, housing shortage will be one of the main problems India will have to handle in the near future. By the year 2031 the population, residing in the top Indian cities, will be over 600 million. The government […]

DLF Assets files for IPO approval in Singapore

DLF Assets, the property fund of DLF Ltd, plans to launch an initial public offer of its office trust in Singapore by June to raise over Rs 8,000 crore. DLF is India’s leading real estate company in terms of market evaluation.

Old Mutual Plans 4 New Realty Funds

After life insurance and property services, the $4.5-billion Old Mutual is planning to significantly increase its investments in the Indian real estate sector and plans to come up with four new funds that will invest One billion billion dollar each or more by 2015.

DLF Reported Profit

30 January, 2008, New Delhi: DLF Ltd. has reported a quarterly consolidated net profit of 21.45 billion rupees ($544.4 million) on Wednesday. It assured that the growth will remain robust on strong demand. Mr. Rajiv Singh, Vice Chairman, told the reporters “There is no decrease in demand. People have realized that while interest rates may […]