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FE Home - Real Estate

Maha: Property registration to be at flat 1%

Revenue Minister Narayan Rane lifted a stay on an earlier order of the government.

'Some of upcoming real estate IPOs may falter'

A couple of real estate IPOs may falter from around 15 lined up over the next few months.

Realty firms on hiring spree again

Improved market conditions and better end-buyer sentiments are finally ensuring a hiring spree for top builders across metros. Real estate players have started hiring across-the-board, from top-level executives, including, CEOs and COOs to middle-level executives in execution and sales departments.

DLF to launch affordable homes

The country's largest realty firm, DLF said it plans to launch affordable homes with a new brand and cut its debt by half to Rs 6,200 crore.

DLF profit crumbles 77%

The country’s largest real estate developer, DLF, on Thursday registered a 77.28% decline in net profits at Rs 439.74 crore for the second quarter ended September 30, 2009. The company had posted a net profit of Rs 1,935.35 crore in the corresponding period of the previous year.

DLF back on hiring ways

Buoyed by the recovery in the real estate sector, realty giant DLF today said it will hire people to sustain growth of the company.

Realty demand up 15% in Q2

The real estate sector saw a growth in demand of 15% in the second quarter of financial year 2009-10, after slowing down to 10% during the first quarter of 2009-10.

Landlord can evict a tenant for 'own' biz: SC

Supreme Court has ruled that if a landlord has a bonafide need of his rented premises for starting a new business and is able to prove his claim convincingly, he can't be denied the privilege.

Parsvnath aims Rs 5,300 cr revenue

The company plans to cut down its debt to Rs 800-900 crore by March next year from the exiting Rs 1,420 crore.

GIC to disburse Rs 750 crore housing finance

GIC Housing Finance Ltd was targetting disbursal of Rs 750 crore housing loans this year.

L&T gets orders worth Rs 1,513 crore

Larsen & Toubro said on Tuesday that its construction division had won orders worth $320 million.

Govt launches interest subsidy scheme for low-cost homes

Aimed at promoting low-cost housing, the government launched interest rate subsidy scheme that could help a home loan borrower save up to Rs 10,000 in EMIs.

Sahara realty arm files IPO prospectus, to raise Rs 3,450 cr

Sahara Prime City filed the draft prospectus with the market regulator SEBI for its initial public offer to raise up to Rs 3,450 crore.

Emaar MGF files IPO prospectus

Emaar MGF filed its draft prospectus for the second time with SEBI to raise up to Rs 3,850 cr.

Omaxe to invest Rs 1,500 cr in four projects

The company would launch the projects in Faridabad, Indore, Allahabad and Chandigarh within the next two months and it has already acquired the land.

DLF gets 100 cr from Delhi flats bookings

DLF has mopped up a huge booking amount from 2nd phase of its latest housing project.

Hilton Worldwide launches new corporate identity

Hilton Worldwide (formerly Hilton Hotels Corporation), the leading global hospitality company, today announced the launch of its new corporate name and logo.

Tata Housing launches affordable initiative 'New Haven'

Tata Housing Development Company announced the launch of 'New Haven', an initiative in the affordable housing segment.

Real estate market on its way to recovery: Survey

A survey reveals how the real estate sector is now reacting to the economic recovery.

Omaxe arm to develop township in Lucknow

Realty major Omaxe said its subsidiary has entered into an agreement with the Lucknow Development Authority to develop a township in Lucknow.

Oberoi Constructions plans IPO, to raise Rs 100 cr

Real estate firm, Oberoi Constructions, plans to raise Rs 100 crore through an initial public offer.

Godrej Properties IPO in 3 months

Godrej Properties will hit the capital market with an initial public offer (IPO) in the next 3 months.

World News

Nokia to axe 330 jobs in Finland, Denmark

Bloomberg to lay off 130 employees

BANKING & FINANCE

SBI Card launches mShop

Blackstone approaches Citi to buy auto-loan biz unit

POLITICS

IOC blaze: 'Massive fire at depot left no time to respond'

Govt promises to amend sugarcane ordinance

Sports

Saina, Bhat out of China Super Series

Semenya can keep medal: SA govt

Markets

Market bounces up 236 points

Gold futures steady near record highs

Companies

Galleon exits Edelweiss, sells its entire stake

Nokia to axe 330 jobs in Finland, Denmark

Economy

Gold surges to Rs 17,500 per 10 gm

Govt to introduce polymer bank notes

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