Real Estate - India Real Estate, Real Estate News

Property market showing signs of recovery

The real estate market has shown signs of improvement since March, an expert said.

Unitech to raise Rs 2,789 cr through QIP

Real estate firm Unitech said it will raise over Rs 2,789 crore through private placement of shares to institutional investors at Rs 81 a piece.

LICHF cuts interest rates for existing borrowers

LIC Housing Finance, announced a reduction in interest rates for its existing home loan borrowers.

Unitech up 4% on strong QIP response

Unitech, surged by 4.18 per cent on the Bombay Stock Exchange in early trade on Monday.

DLF to halve its Rs 14,000 cr debt this fiscal

Realty giant DLF said it will reduce its huge debt of Rs 14,000 crore to half by the end of this fiscal.

Unitech to raise $200 mn for low-cost houses

Unitech is likely to raise USD 200 million within the next three months by selling stake in its affordable housing projects to private equity players.

Unitech net falls 28 per cent

Unitech, India's No. 2 listed realty firm, reported a 28 pct fall in full-year profit on lower prices.

Realty stocks too expensive: Kotak Fund

India's real estate stocks are too expensive, making it difficult for real estate funds to close deals, a senior official at India's Kotak Realty Fund said.

Parsvnath Q4 net drops 89 pct at Rs 11.61 cr

Parsvnath Developers on Monday reported a 89.13 per cent fall in consolidated net profit at Rs 11.61 crore.

Parsvnath to raise Rs 2,500 cr; increase FII limit

Real estate firm Parsvnath Developers said its shareholders have approved raising up to Rs 2,500 crore through issue of securities.

Omaxe bags Rs 128-cr order from UP Projects Corp

Realty developer Omaxe said its subsidiary has bagged a contract worth Rs 128.34 crore from UP Projects Corporation Ltd for various construction related works.

HDIL to raise USD 600 mn via QIP

Realty firm Housing Development & Infrastructure Ltd will raise about Rs 2,875.67 cr through private placement of shares to qualified institutional buyers.

Unitech sees sale of 20 mn sqft developable area in FY'10

The country's second largest real estate player, Unitech, said it expects a sale of 20 million sq ft of developable area during the current fiscal.

Unitech raised $209 mn from asset sales: MD

Unitech shareholders approved on Tuesday issue of up to 1 billion shares to investors and 227.5 million convertible warrants to one of its founder group firms.

Noida land prices jumps about 200 times in 20 yrs

Property prices in Noida, the satellite city of the National Capital.

GIC Housing to sell stake in LIC MF, LICMF Trustee

GIC Housing Finance said it will sell its entire holding in LIC Mutual Fund Asset Management Company as well as LIC MF Trustee Co for a consideration of around Rs 89 crore.

Mumbai is 6th most expensive office market

Mumbai fell to 6th position from 5th in the list of the world's most expensive office markets, which is topped by Tokyo.

Orbit Corporation to raise Rs 500 cr

Real estate firm Orbit Corporation said it will Rs 500 crore through a private placement of shares to qualified institutions investors.

DLF allowed to withdraw 4 SEZs

The realty major didn't want to build the SEZs in face of slowdown in real estate.

Parsvnath sees Rs 13 bn revenue from luxury project

Parsvnath Developers on Monday said its wholly-owned unit expects Rs 13 billion of revenue in three years from a luxury project in Delhi.

BPTP, Jaypee Group get good response for housing projects

The flats are priced between Rs 19 lakh and Rs 29.70 lakh.

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