Relief for home buyers as banks cut home loan rates
Real estate developers rallied on Tuesday, April 3, as some banks have cut home loan rates for new borrowers, sparking hope of increased property sales in the country.
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Funding gap in real estate
Pranay Vakil: Let’s start by introducing ourselves. I am Pranay Vakil, Chairman of Knight Frank India. We are a brokerage and consultancy group, positioned as second in the business.
Godrej Properties to raise Rs 600 cr
Godrej Properties Limited, the real estate arm of the Godrej Group, is planning to raise Rs 500-600 crore through the institutional placement programme (IPP). The move is aimed at reducing its outstanding debt, which is around Rs 2,000 crore.
Gruh Finance Q3 results show 30% increase in PAT
The Board of Directors of GRUH Finance Ltd. (GRUH) – a subsidiary of HDFC Ltd. – has approved the accounts for the quarter ended December 31, 2011 at their meeting held in Mumbai on January 12, 2012.
Investing in real estate private equity funds
The Indian real estate sector has grown rapidly over the last few years, with its stakeholder profile evolving from locally-focused, privately-owned enterprises to increasingly corporatized, professional organizations funded with public capital and having multiple market and product strategies.
Punjab realty sector to be sluggish till polls are over
The real estate sector in Punjab is likely to witness sluggishness in the run up to Assembly elections in the state next month.
Banks too fell prey to Emaar MGF
While 560-odd investors were duped by Emaar MGF, banks too were defrauded.
Ambani checks into Oberoi boardroom; Nita’s first foray in listed company
Mukesh Ambani’s wife Nita Ambani and his associate Manoj Modi joined the Board of Directors of EIH, the parent of the Oberoi Hotels chain that includes Calcutta’s Grand Hotel, on Monday, Oct 31.
Gruh Finance announces financial results with Rs. 41.47 cr PAT
The Board of Directors of GRUH Finance Ltd. (GRUH) – a subsidiary of HDFC Ltd. – has approved the accounts for the half year ended September 30, 2011 at their meeting held in Mumbai on October 25, 2011.
India’s tallest tower gets booking worth Rs.100 crore in festive season
The real estate market may be in a slump with developers innovating ways and means to increase sell, but the festive season seems to be bringing in good cheer for the country’s tallest tower — Lodha World One.