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Omaxe Ltd. Q3 cons net profit at Rs284.6mn

Omaxe Ltd., a premier real estate development company in India today reported Consolidated Net Sales of Rs. 280.20 crore for the quarter ended December 31st 2009 as compared to Rs. 1.8bn for the quarter ended December 31st 2008, registering a growth of…

[ More ] January 30th, 2010 | No Comments | Posted in Real Estate |

Mumbai Based Real Estate Company DB Realty Ropes in Anchor Investors for Rs270crore

Mumbai-based real estate company DB Realty Limited, has received bids for Rs. 270 crore towards the Anchor Investor Portion of its IPO which opened today. The anchor investors to whom equity shares have been allocated pursuant to the Offer include Janu…

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

Gujarat Come Up as the Best Domestic Investment Destination of 2009: Assocham

The domestic investment announcements of India Inc. registered a growth of 16 per cent during the calendar year 2009 over 2008 with Gujarat garnering a lion’s share followed by Orissa and Andhra Pradesh in domestic investment plans during the period …

[ More ] January 23rd, 2010 | No Comments | Posted in Real Estate |

Assocham Study Suggests Growth of 16% in Domestic Investment

With the economy coming back on the growth path, investment proposals by India Inc saw an increase of about 16 per cent to Rs 15.94 lakh crore in 2009, an Assocham study has said. “The robustness in corporate investment activity in India shows how co…

[ More ] January 22nd, 2010 | No Comments | Posted in Real Estate |