Tag: Realty business

Raheja Universal Ltd is a Three Starrer

Raheja Universal Ltd’s is rated a three star on the scale of CRISIL. This implies that the proposed issue of Rs. 864 cr. is an average proposal as compared to other listed ones. Mumbai will soon be gifted around 70 million sq ft of developed area by Raheja Universal out of which 26 million sq […]

Bombay Dyeing to come up with residential and commercial buildings

Photo by nancyarora2020Mr. Nusli Wadia, chairman of Bombay Dyeing & Manufacturing Co., a textile major, expects to clear off its debt in the next few years through realty business. The current debt on the company is Rs. 1775 cr. At the company’s 130th annual general meeting, Mr. Wadia told the shareholders that debt has always […]

Impact of Website on Realty Business

Now days, internet is so much in trend that even for realty business, website seems to be must. According to a survey, every two out of three buyers surf the web to search their dream home. Therefore, if a firm wants to be recognized in the realty world, being online is the best lifeline. The […]

Essar Arm Wins Nagpur Hotel Project

Essar Realty Holdings—the real estate arm of the Essar Group—has won the bid for building a Rs 500-crore five-star hotel, utility centre and a multiplex at the upcoming Multimodal International Hub Airport in Nagpur. The realty firm has also formed a joint venture with the US-based hospitality group Accor Hospitality to develop and manage the […]

NITCO Will Establish Separates Realty Company

21 January 2008: NITCO Group has decided to hive off its realty business into a separate company. Till now, NITCO is into tiles and real estate and distribution both. At present NITCO real estate arm is at 500 crore. NITCO will list NITCO Realties when its real estate arm achieves sales of Rs 1,000-1200 crore.