December 3, 2012 – 6:46 pm
The existing financial crises lead Gammon India, the developer of landmark ‘The Gateway of India’ to monetize its real estate assets. Severe financial loss in the 3rd quarter of the current year compels Gammon India to monetize its real estate assets. The company was severely affected by the increased financing costs and lowered sales.
August 14, 2010 – 9:10 am
The first quarter results have been declared by Indiabulls Real Estate. As per the report, Rs. 2.98 cr. was the company’s Q1 from standalone net profit. Rs. 5.58 cr. was its standalone net sales. According to the data, in March 2010, the trailing 12-month (TTM) EPS of the company was at Rs 0.56 per share. […]
August 10, 2010 – 11:01 am
Friday evening was a landmark in Indian Real Estate market history since the biggest real estate deal took place. National Textile Corporation (NTC) sold Bharat Mills spread over eight acres at Worli for an extreme price of Rs. 1505cr, i.e. Rs. 188 cr. per acre. The top bidder was Indiabulls followed by Lodha who lost the […]
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Also tagged Affordable Housing, Bharat Mills, bidders, Landmark, lodha, market history, national textile corporation, Oberoi, peninsula, podar, State government, Tata, textile mills, videocon, Worli
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August 10, 2010 – 11:00 am
After winning the bid of NTC’s defunct Bharat Textile Mills in Worli, Mumbai, for Rs. 1505 cr, Indiabulls Real Estate shares have raised by over 3 %. Last Friday, the bid for Bharat Textile Mills closed and the winner was Indiabulls Infraestate which won by just Rs. 2 cr. On the Bombay Stock Exchange, the […]
After a year, the realty market seems to be overwhelmed with the comeback of the demand of luxury homes. Apart from the prime locations like Bangalore and Mumbai, the tier-II or tier-III cities, such as Nagpur and Ahmadabad are also witnessing remarkable growth as far as luxury homes are concerned. Within just six months, these […]
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Also tagged Bangalore, DB Realty, delhi, Hiranandanis, Hyderabad, JLLM, Lodhas, Luxury Homes, Mumbai, Prestige, Sobha
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October 7, 2009 – 6:22 pm
Indiabulls Power is likely to fix a price band of Rs 42-45 per share for its proposed IPO, which is expected to start on 12th of October. The price band of the Indiabulls Power IPO is likely to be Rs 42-45. Calculated on the upper end on the price band, the company would collect around […]
PropertywalaAfter long time of stagnation in the commercial real estate market in Mumbai, there is finally some revival. First off the block was the 10.3-acre Finlay Mill property for which there have been bids from Lodha Developers and Indiabulls Real Estate. On July 31, NTC will put the 16-acre Kohinoor Mill-1 property also on the […]
Indiabulls Real estate has planned to use more than five hundred million dollars to launch projects at a time. This money is raised from a recent share sale. Mr. Gagan Banga, CEO, said that their aim is to launch 6-7 residential projects in this FY. He showed interest towards pursuing some large projects. Indiabulls is […]
September 2, 2008 – 1:16 am
Saffron Asset Advisors, a private equity player, is planning to launch three new funds in hospitality, logistics and infrastructure early on 2010. Ajoy Veer Kapoor, founder and managing director, Saffron Asset Advisors told FE, “We are planning a five hundred million dollar infrastructure fund, and will introduce two hundred million dollar hospitality and logistics funds. […]
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Also tagged Anchor, Capital Markets, delhi, Eight Months, Estate Deals, Foreign Direct Investments, Hundred Million, India Real Estate, Infrastructure Fund, Logistics Warehousing, Managing Director, Mumbai, Mumbai Delhi, Private Equity Firm, Real Estate Investments, Saffron, Seven Months, Tirupur, Venture Capital Activity, Vishakhapatnam
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An uninspiring opening and an even worse close towards the end of the day marked Indiabulls Properties Investment Trust’s debut on the Singapore Exchange on 11th june. During the day, it went down to as low as 0.88 cents and closed 10% below the issue price of S$1. The stock could not breach its issue […]
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Also tagged DLF, Global Markets., Interest Rate, Investment Trust, Mumbai, Property, REIT, Selling Shares, Singapore, Stock, Unitech
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Indiabulls Real Estate said the Justice of High Court of the Isle of Man in England has sanctioned the proposal to acquire 100% shares of Dev Development Property (DPD). Finalization of the acquisition shall be competed by issue of fresh 13.8 crore shares of DPD and by canceling the old shares, it informed the stock […]
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Also tagged Commercial Real Estate, Court Permission, Dpd, England, Estate Developments, High Court Of Justice, India, Investment Market, London stock exchange, Residential Complexes, Stock Exchanges, Tier 1
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Goldman Sachs, Deutsche Bank and another financial investor are thinking to make a shared investment of eight hundred million dollar in three special purpose vehicles being created by real estate major Emaar MGF. Each SPV will have one financial investor. Delhi-based developer is in advanced talks with private equity players and is likely to close […]
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Also tagged Current Market, Emaar MGF, Financial Investor, goldman sachs, Investment, Investor, Market, Private Equity, Real Estate, Real Estate Investment Trusts, Real Estate Sector, Special Purpose vehicle, Spv, Unitech
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