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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 |

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 |
 

Malaysia Trying Hard to Lure Indian Property Investors

In order to attract more foreign direct investments (FDI) into its real estate sector, Malaysia is making all efforts to garner major investments from countries like Singapore, UK, Korea and India. The Malaysian government’s Foreign Investment Commit…

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

Residential Spots to Look Out for in 2010

Amidst the recent turmoil faced by India’s real estate industry, the residential sector has emerged as the sole bright spot for retail investors. Although the residential sector did suffer the effects of the global downturn in 2008 and 2009, it has b…

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

Unitech Posts Rs 5,553 crore Sales in Nine Months of Current Fiscal

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…

[ More ] January 12th, 2010 | No Comments | Posted in Real Estate |