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…
Even as the domestic economy is showing clear signs of a pickup, the Indian real estate sector is not out of the woods yet as oversupply of residential and commercial projects will continue to haunt realtors for the next 12-18 months, DLF Limited chair…
Even as the domestic economy is showing clear signs of a pickup, the Indian real estate sector is not out of the woods yet as oversupply of residential and commercial projects will continue to haunt realtors for the next 12-18 months, DLF Limited chair…
New-Delhi-based Parsvnath Developers is in the process of raising Rs 100 crore by way of refunds from various state governments due to cancelled or stalled projects. The developer wants to monetise the delayed projects since it sees no possibility of g…
Emaar MGF, a joint venture between Emaar of Dubai and MGF of India and a leading real estate development company, expanded its presence in Chennai with the launch of The Avenues on Tuesday. Wilson Mathews, Head, Sales (South), Emaar MGF, said ‘The Av…
The government today said it will award four expressway projects, stretching up to 1,000 km, by the end of the year. The Transport Ministry had in November 2006 proposed four Expresways–the Vadodara-Mumbai, Bangalore-Chennai, New Delhi-Meerut and Kol…
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…
A “viable solution” has been found to protect the interests of those who have invested in projects of Maytas Properties, the real estate company promoted by the family of former Satyam owner B. Ramalinga Raju, Minister for Corporate Affairs Salman …
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…