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Decline in DLF LTD’s Asset Sale Target

India’s largest real estate firm by market value, DLF Ltd, will be able to raise only half of the targeted Rs5,500 crore this fiscal—by selling assets that are not central to its business of developing property. DLF is selling non-core assets to re…

[ More ] January 29th, 2010 | No Comments | Posted in Real Estate |

Foreign Business Families Continue Investment in India

Large business families in the US, Europe and West Asia are increasing their allocations to private equity funds focused on India, reposing their faith on the India story at a time when traditional investors in such funds are refraining from committing…

[ More ] January 25th, 2010 | No Comments | Posted in Real Estate |
 

Property Expo Navi Mumbai Sells 5,000 Flats in Three Days

A property exhibition at Navi Mumbai not only drew in huge crowds but also did big business—about 5,000 flats were sold in three days. Initially, most Navi Mumbai builders were reluctant to participate in the three-day exhibition because of the reces…

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