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Acquisition of DLF Owned DT Cinemas by PVR hits Roadblock

The Rs 60 crore-acquisition of DLF-owned DT Cinemas by entertainment firm PVR Ltd is stuck over differences between the two firms, said two persons familiar with the matter. The deal has hit a roadblock with PVR not issuing shares on preferential basis…

[ More ] January 18th, 2010 | No Comments | Posted in Real Estate |

Delhi Based Developer Omaxe Looking to Raise Rs 800 crore via QIP

Omaxe Ltd, the New Delhi-based real estate developer, is looking to raise over Rs 800 crore by March end through qualified institutional placement (QIP) of shares. It plans to utilise the proceeds for debt repayment and acquisition of cheaper land. The…

[ More ] January 14th, 2010 | No Comments | Posted in Real Estate |
 

Assocham to Submit Study on Land Acquisition Policy to WB Govt

Even as it retained its optimism on West Bengal as an attractive investment destination, apex industry association Associated Chambers of Commerce and Industry of India (Assocham) said that it would shortly place before the West Bengal Government, a co…

[ More ] January 9th, 2010 | No Comments | Posted in Real Estate |