Tag Archives: Saket

Unitech repays Rs 200-crore loan to Indiabulls Financial

November 18, 2008 – 3:44 am

Unitech repays Rs 200-crore loan to Indiabulls Financial Real estate player Unitech has managed to raise around Rs 200 crore through partial monetisation of assets and internal debt restructuring within the group to pay back the 45-day debt taken from Indiabulls Financial Services (IBFSL). The deadline to pay back the debt was November 17.
Sources at [...]

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Unitech puts Delhi office on block

November 12, 2008 – 11:56 pm

India’s second-largest property firm Unitech has put on the block its 2-lakh square feet office at upmarket Saket in New Delhi. Market buzz
suggests Unitech is in talks with HDFC to sell the property.
Both Unitech and HDFC admitted the property was on the block, but refused to confirm the deal. “I cannot confirm till we sign [...]

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DLF-Hilton JV hit by regulatory delays

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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