The department of industrial policy and promotion is considering a proposal to allow real estate developers to buyback built-up area sold in software technology parks of India (STPI) units and lease out it to other businesses. The issue came up in the last meeting of foreign exchange promotion board (FIPB), when the board took up […]
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Also tagged builders, FIPB, Information Technology Park, IT, Real Estate, Real Estate Developers, SEZ, Sezs, Software Technology Park, Software Technology Parks, STPI
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August 20, 2008 – 9:39 am
A Delhi based real estate company, which claims to have transformed the dreams of several of its customers to reality, is being trampled by a leading Mumbai-based NBFC. The promoters of the real estate company had pledged its shares with the NBFC and accepted a funding of Rs 300 crore to meet its short-term working […]
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Also tagged Bad Debt, Borrowings, Circles, Dreams, Market Sources, Mumbai, NBFC, Promoters, Real Estate Developer, Share Prices, Shares, Stock Price, Working Capital
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For now, the next few quarters could be the acid test for the sector. The stock prices of many real estate companies are under duress. DLF’s offer for a share buyback comes at a time when the stock price has been adversely hit. While one could argue that the overall sentiment is on a low, […]
Sobha Developers Ltd leading real estate company said on 02nd July it has sold forty percent stake in an forthcoming Bangalore project to Dubai’s Pan Atlantic LLC for ten million dollar. Sobha plans to develop a 1.7-million-sq ft residential township at the plot in south Bangalore. A senior company official said the present value of […]
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Posted in Property News
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Also tagged High Interest Rates, India Real Estate, Indian real estate, Lehman Brothers, Mumbai Market, Parsvnath, Private Equity Deals, projects, Real Estate Fund, Real Estate Sector, Saffron, Sobha
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DUBAI:, A leading Indian public sector bank Bank of Baroda, has signed a memorandum of understanding with Dubai-based real estate company Dubai Properties for funding buyers of the latter’s products in the United Arab Emirates (UAE). In a statement Dubai Properties declared that the contract has been signed between Bank of Baroda chief executive for […]
Deepika Padukone is now a brand ambassador of a foreign real estate company. Dubai-based realty development cum brokerage firm, Aspire Real Estate, has announced Deepika Padukone to be their brand ambassador and new face of their company. Aspire is highlighting its Dh5.5 billion portfolio of real estate developments at prestigious locations within Dubai.
