Last Monday, prospectus was filed according to which the Embassy Property Developers, an Indian real estate firm is planning to raise an amount of 513 million dollars through an IPO (Initial Public Offering) of shares. As per the prospectus, a pre-IPO placement of around 57.5 million shares for up to 11.75 billion rupees is being […]
By
|
Posted in Property News
|
Also tagged Indian real estate, Initial Public Offering, IPO, pre ipo, Prospectus, Real Estate Firm, Realty Firms, Retail Investors, Reuters, rupees, Shares
|
March 18, 2010 – 11:04 am
March 18, 2010 Although most of the ample to mid-sized fresh offerings have received a cold response, the news is that quite a few real estate companies are bent on going ahead with their initial pubic offering (IPO) plans. Rumor in the market is that apartments at discounted rates in the projects of these companies […]
December 16, 2008 – 2:33 am
The move to reduce interest rates for home loans up to Rs 20 lakh by public sector banks may induce some buying in the property market and prompt developers to build more low-cost homes. However, according to developers, this may not be enough to provide a major boost to the residential property market immediately. Some […]
By
|
Posted in Property News
|
Also tagged Banks India, Brokerage Firm, Building Houses, Dwelling Units, Gaur, Gaursons, Gurgaon, Manoj, Metro Cities, Metro Realty, Property Consultancy Firm, Public Sector Banks, Residential Property Market, Richar, Rupesh, Tier II
|
November 16, 2008 – 11:54 pm
Expect the markets to take the Reserve Bank of India’s (RBI) persuasive moves on Saturday to direct lending to real estate sector with a pound of salt. The simple point being, when current loans are under distress, why will banks lend more to realtors in times of accelerating slowdown? Also, all the measures announced are […]
By
|
Posted in Property News
|
Also tagged Bank Of India, Banks, Bonanzas, Capital Values, Electricity Bills, Festive Season, Free Cars, Gold Coins, Home Loan Interest, Home Loan Interest Rates, Loan Interest Rates, Loans, Market Meltdown, Market Mood, Measures, Moderate Level, Property Boom, Real Estate Sector, Realtors, Reserve Bank Of India, Risk Weights, Rupee Exchange Rate, Slowdown, Stamp Duty, Worldwide Financial Crisis
|
October 23, 2008 – 6:07 am
Centrum Broking Pvt Ltd today shared findings from its research report on the Mumbai Real Estate Sector. It expects a 30-35% fall in India’s residential prices from the peak, with the Mumbai Metropolitan Region (MMR) estimated to witness the lowest fall of 20-30% until April 2009. Residential demand in Mumbai is estimated at 66mn.square feet […]
August 22, 2008 – 6:15 am
IN the great malling of India, few developers are as well equipped to talk about retail success as Irfan Razack, the man behind Bangalore’s The Forum mall. Razack heads the Prestige Group, built The Forum in 2004 and while there may be bigger and glitzier malls across India, it continues to set the retail standard, […]
By
|
Posted in Property News
|
Also tagged Best Shopping, Consumer Boom, Consumer Confidence, Consumer Spending, Designer Brands, Food Courts, Irfan, Malling, Prestige Group, Ready Availability, Retail Market, Retail Space, Retail Success, Seven Cities, Shopping Centre, Shopping Malls, Star Treatment
|
Real estate funds, PE players and foreign institutional investors are exploring options to buy equity stakes in listed realty companies, as valuations of these companies have fallen by over 65% during the past three months. The move has also come as a blessing in disguise for these realty companies who have been finding it difficult […]
Union Finance Minister P Chidambaram has said the double digit inflation will continue for some more weeks. The Central Government as well as the Reserve Bank of India is not going to hesitate in taking more steps to control towering prices, if the need arises with the markets also reacting adversely to the two major […]
By admin
|
Posted in Property News
|
Also tagged Bank Of India, Cb Richard Ellis, Central Government, Dhaka, Home Loans, Mortgage Rates, Mumbai, Oil Price Hike, P Chidambaram, Parsvnath Developers, Repo Rates, Reserve Bank Of India, Residential Property, Union Finance Minister
|
Leading property developers are pulling out of proposed deals with hospitality majors, including Royal Orchid Hotels and Ramada Worldwide, as cash flows in the real estate sector are slowing. Realtors are reconsidering plans to go into the hospitality sector.
By admin
|
Posted in Property News
|
Also tagged Banglore, Cash Crisis, Four Star Hotels, Hospitality Project, Hospitality Sector, Hotel Companies, Hotel Group, Hotel Projects, Indian Ocean Region, Real Estate Developers, Real Estate Sector, Wyndham Hotel
|
The number of commercial property loans in default has soared 400% in just 1years, according to a report. The study of bank lending to the commercial property industry illustrates that while the amount lent continued to rise in 2007, nearly four hundred loans slipped into default, up from fewer than eighty in 2006. Although the […]
