Tag: Realty Firm

Sagarika Ghatge Moves Legally Against A Developing Firm

Sagarika Ghatge, the Bollywood Actress who shot to fame with Chak De! India, has recently filed a case against a real estate firm which has been using her snaps for the promotion of their projects. Endorsement is never a new thing for the Bollywood actors and actresses. Like many others like Karishma Kapoor, Sushmita Sen, […]

Realtors use technology to boost productivity

SALES slowdown, stagnating capital values and a need to manage resources better are pushing Indian realty firms to invest in technology that will help them achieve optimum productivity, information access and regulatory compliance. End-to-end enterprise resource planning (ERP) solutions, that manage diverse projects across different locations, are slowly finding favour. ERP vendors are seeing increased […]

Akruti flashes rent guarantee card to attract home buyers

Realty firm Akruti Developers is wooing home-buyers to invest in its serviced studio-apartments project by offering a rent guarantee scheme to potential buyers. The proposed project — Afallon — will come up in the Whitefield technology hub, in close proximity to the International Tech Park, said Akruti Developers managing director Nikhil Jadhav. With apartments priced […]

Unitech in talks with PEs to raise $500 m via debt issue

Unitech is planning to raise $300-500 million through an issue of convertible debt instruments to multiple private equity investors. According to a person with direct direct knowledge of the company’s plan, Unitech, which is desperately looking for a cash infusion to repay a debt of Rs 2,700 crore in three months, is holding negotiations with […]

Sahara Prime City to raise Rs 2000 crore to build townships

Realty firm Sahara Prime City said it would raise Rs 2,000 crore in the next 12-18 months to part fund development of 217 integrated townships across the country. The company, which is planing to invest the amount in the first phase of the plan that will see development of 102 townships, is looking at both […]

DLF eyeing Luxottica franchisee

The country’s largest real estate developer, DLF, is set to sign a franchisee agreement with Italian group Luxottica to retail its premium and luxury eyeware brands, including Oakley, Ray-Ban, Chanel, Dolce & Gabbana, Donna Karan, Prada, Versace and Polo Ralph Lauren. Euro 15 bn Luxottica group is a leading designer, manufacturer and distributor of prescription […]

Parsvnath Gets Rs 29.5 Crore Contract

Real estate firm Parsvnath Developers on Friday said it has bagged an Rs 29.5-crore order from Delhi Metro Rail Corporation for constructing station box at the upcoming Dhaula Kuan metro station. “Parsvnath is proud to strengthen its association with DMRC through the construction of station box at Dhaula Kuan. The project reinforces the confidence of […]

Parsvnath Tied Up With Hotmail Co-founder

Real estate developer Parsvnath on 15th July tied up with Sabeer Bhatia, co-founder of  Hotmail, to develop a Rs 50,000-crore knowledge city project in Haryana. The Parsvnath Nano City project would come up in Panchkula near Chandigarh. The realty firm would invest about Rs 400 crore in the form of equity and debt in the […]