DLF Ltd, the largest real-estate developer in the country by market value, is looking at raising Rs 1,250 crore by exiting projects, selling land plots and a refund from the Haryana government. The company said it is looking to divest assets at fair ma…
Rating agency Crisil has revised its outlook on the long-term debt and bank facilities of the country’s largest real estate company, DLF Ltd, to ‘stable’ from ‘negative’ with a rating of ‘A+’. The revision reflects Crisil’s expectation …
According to survey conducted by Association of Foreign Investors in Real Estate (AFIRE), India is 3rd behind China and Brazil to attract foreign investment in real estate. China is heads and shoulders above the others as the preferred country for Fore…
Foreign investors in real estate continue to repose their faith in US markets as they believe the country provides the best opportunity for capital appreciation, while India is among the top five emerging market in this space, a survey says. According …
The micro-market of Nariman Point was among the few in the country where office space rentals fell over the last quarter in an otherwise stabilising commercial real estate market. According to a report by commercial real estate services firm CB Richard…
The country’s largest real estate developer, DLF, sold apartments worth Rs 1,000 crore in December. This is the highest monthly sale the company has recorded in its history. There are many developers like DLF who have seen a surge in the sale of apar…
The Thailand-based hospitality major, Amari, plans to foray into the Indian market by setting up atleast seven four-star hotels near major airports in the country, a top company official said. “We plan to open four-star hotels associated to airports …
Given the affable atmosphere and right policies, the Confederation of Real Estate Developers’ Association of India (Credai) believes the real estate sector in the country could contribute around 3-4 per cent towards India’s GDP. Credai Vice Preside…
Unitech Ltd, the second-largest real estate developer in the country, has been able to generate sales of Rs 5,553 crore in the first nine months of the current fiscal. According to operational update released by developer for investors, the company del…
After deciding to split its parent firm into functional verticals, DLF Ltd has now identified an overall new organisational structure to house them and further sharpen their functioning. The country’s largest real estate firm will now be broadly divi…