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DLF Looking to Raise Rs 1,250 crore by Exiting Projects

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…

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

Boom in Sale of Luxurious Housing

The country’s largest real estate developer, DLF, sold apartments worth Rs 1,000 crore in December. This is the highest monthly sale the company has recorded in its history. There are many developers like DLF who have seen a surge in the sale of apar…

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

Delhi Based Developer Omaxe Looking to Raise Rs 800 crore via QIP

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…

[ 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 |