DLF plans to sell stakes in Pune, Noida IT parks for Rs 1,300 crore
DLF, India’s largest real estate company, will sell its shareholding in two IT SEZs in Pune and Noida, for a combined value of Rs.1,300 crore.
DLF, India’s largest real estate company, will sell its shareholding in two IT SEZs in Pune and Noida, for a combined value of Rs.1,300 crore.
Private equity giant Blackstone will finance south-based Embassy Property Development’s purchase of 22% stake in Manyata Tech Park, the country’s largest operational tech SEZ.
DLF is planning to expand its luxury retail business. Having opened its luxury mall Emporio in the Capital about two years ago, DLF is exploring an opportunity to open a similar outlet in Delhi in the near future.
I cannot help but feel puzzlement at Air India’s sudden decision not to rent out space in what is one of the most valuable real estate assets in the financial capital of Mumbai.
In Mumbai, rising costs and lack of space make it unfeasible for residents to move out of aging and often sadly dilapidated housing societies.
Omaxe Ltd is set to dilute promoter shareholding through a mix of follow-on public offering (FPO) and placement to raise Rs450 crore.
India’s top listed real estate developer DLF Ltd missed analysts’ estimates with a 19 percent fall in quarterly profit due to cost rises.
DLF plans to raise Rs.7,000 crore in the next two to three years from the sale of non-core assets to reduce its net debt of Rs.21,424 crore.
Infrastructure development firm Phadnis Infrastructure plans to invest over Rs 1,700 crore in the next five years to fuel its expansion plans.
The fundamental aims of any residential property investment should be to maximise yield as well as capital gains and to reduce the risk as far as possible.