Omaxe sees net debt down at Rs 880-890cr
Omaxe Ltd expects net debt to fall to Rs.880-890 crore by March 31 as it plans to repay debt over the next three quarters, mainly from operations, a top official said on Tuesday, August 9.
Search Results: real estate debt (400)
India real estate and the US credit rating cut
The US credit rating cut and uncertainties about Europe’s debt situation is a cause concern.
DB Realty sells 50% stake in Mumbai property to Adani Group
DB Realty Ltd has reportedly sold off its 50% stake in a south Mumbai property to the Adani Group.
Tata Realty & M3M Developers in race to buy DLF’s Gurgaon plot for Rs 400 cr
Tata Realty and M3M Developers are believed to be in the race to buy DLF’s Gurgaon plot for around Rs.400 crore.
Alok Industries divesting realty assets to ease debt
India’s largest textile firm, Alok Industries Ltd is divesting its real estate portfolio to ease debt.
Realtors pull out of affordable housing projects
More than half a dozen builders, including Ahmedabad-based Bakeri Group, Lodha Developers and Indiabulls Real Estate, have either pulled out of the affordable-housing segment or have changed their offering.
DLF shares rises on RBS upgrade, debt-cut plan buzz
Shares of DLF rose six per cent in Monday’s trading on expectations the company’s debt reduction strategy was falling in place, said analysts tracking the stock.
Oberoi Realty eyes expansion in weak market
Oberoi Realty plans to expand its land holdings in key cities as debt-laden rivals struggling with rising costs and slowing sales look to cut assets.
DB Realty looking to raise PE funding
DB Realty is looking to raise funds via private equity for a couple of its projects.
$5 bn PE exits expected from Indian realty
Private equity investors are poised to exit roughly $5 billion worth of Indian real estate investments in the next two or three years, a Nomura report said.