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Vatika Group plans to raise Rs 1K crore from IPO

Real estate company Vatika Group plans to raise up to Rs 1,000 crore from an initial public offering (IPO) in May by selling around 20% stake, joining a parade of developers looking to wriggle out of the slowdown-induced IPO drought. The company will f…

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

Big TV Collaborates with Real Estate Developers to market DTH services

Anil Dhirubhai Ambani Group company Reliance Big TV today said it has reached deals with real estate developers to market its Direct-To-Home television services in their residential building projects. The company has signed multi-dwelling units (MDU) a…

[ More ] January 28th, 2010 | No Comments | Posted in Real Estate |
 

DLF Reports Sequential Rise in Quarterly Profit

Shares in DLF Ltd, India’s top listed real estate firm, rose more than 3 percent on Thursday after it reported a sequential rise in quarterly profit, signalling a recovery in the realty market was gaining momentum. DLF said late on Wednesday consolid…

[ More ] January 28th, 2010 | No Comments | Posted in Real Estate |

Kolkata Sees Rise in Commercial Real Estate Segment

After a lull last year, demand for commercial property is steadily rising. Realtors and developers feel market conditions should return to normal, although no one knows how long it will take. “It is definitely en route to revival. There may not be ma…

[ More ] January 20th, 2010 | No Comments | Posted in Real Estate |
 

Recession-hit Indian Real Estate Sector Crawling towards Recovery: E&Y

Recession-hit Indian real estate sector is crawling towards recovery with the return of end-users as well as institutional investors in the market, consultancy firm Ernst & Young has said. “The real estate sector is generally looking positive now. En…

[ More ] January 18th, 2010 | No Comments | Posted in Real Estate |