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…
Construction firm Unity Infraprojects today said it will develop two mixed-use housing projects aimed at middle-to-high income segments in Kolkata and Bangalore with an investment of around Rs 500 crore. “We have already acquired 37 acres of land in …
The recent Supreme Court ruling on the “forest land” matter has triggered a frenetic activity in the realty sector in some of the Mumbai’s prominent suburbs. Though the interim ruling on January 13 does not allow resuming construction, developers…
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…
The property market crash has foiled the plot for the Mumbai Metropolitan Region Development Authority (MMRDA), which relies on selling the land in its possession at market rates to fund infrastructure projects. Worried that the trend will continue, th…
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…