Rate hike may hit realty sector hard
The Reserve Bank’s decision to raise key policy rates by 25 basis points today is likely to have a negative impact on the real estate sector.
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Omaxe to raise Rs.450 crore
Omaxe Ltd is set to dilute promoter shareholding through a mix of follow-on public offering (FPO) and placement to raise Rs450 crore.
Realty Bill to hike operational cost by 10-15%
Introduction of the proposed real estate regulation Bill is likely to increase the cost of operations by 10-15 per cent, said Sreedhar Reddy, president of Andhra Pradesh Realtors Association.
Tata Housing plans Rs 1,000-cr investment
Even as the real estate sector is gradually slowing down as far as retail sales are concerned, Tata Housing, the real estate arm of the Tata Group, is consolidating its position.
Nitesh Estates growth up by 58 per cent for the fiscal year 2010-11
Nitesh Estates Limited has announced impressive performance for the financial year ended March 31, 2011 clocking a robust top line growth of 58%.
Kohinoor City takes integrated township to a new level
An integrated township at the heart of a city like Mumbai? You must be joking. Right?
Community living should be the USP of an integrated township: Atul Modak, Head, Kohinoor City
While the city of Mumbai is known for living in cramped space with high-rise & high-density being the norm, Kohinoor City has opted for low-rise and low-density township.
Patel Realty to launch pan-India project worth Rs 300 cr
Patel Realty India Ltd plans to launch 3-3.5 million sq ft of projects valued around Rs.300 crore during the present financial year across the country.
DLF shares fell to 2 year low
India’s top listed real estate developer DLF Ltd missed analysts’ estimates with a 19 percent fall in quarterly profit due to cost rises.
Kohinoor Elite to bridge demand-supply mismatch for young business travellers
Rakesh Dhamija has spent five years with a multinational company in Spain. During his morning-to-evening business travels he always opted for hotel lounges in various parts of Europe.