DLF to divest entire stake in Galaxy Mercantile
DLF has signed an agreement to divest all its stake in Galaxy Mercantile Ltd, a joint venture company between DLF Home Developers Ltd and Infrastructure Development Finance Company Ltd (IDFC).
DLF has signed an agreement to divest all its stake in Galaxy Mercantile Ltd, a joint venture company between DLF Home Developers Ltd and Infrastructure Development Finance Company Ltd (IDFC).
Maharashtra Chamber of Housing Industry (MCHI) has made a representation to the Union Environment Minister Jayanti Natrajan, complaining about delays in getting green clearances from the state expert appraisal committee.
DLF has informed the Bombay Stock Exchange that it has received the first tranche of Rs.200 crore from IDFC, which is in the process of acquiring 100% shareholding in a JV company of DLF called Galaxy Mercantile.
In the wake of the unprofessional and unethical behavior of the real estate consultancy Jones Lang LaSalle India (JLLI), the editorial team of Track2Realty has taken a decision to boycott the firm for a month starting Monday, December 5.
Asia Pacific office markets may be resilient but definitely not immune to the euro crisis, says the latest report of DTZ.
Battling huge vacancies, piling inventories and lacklustre rentals, the Indian real estate is looking forward to retail FDI as a savior, expecting a windfall following the entry of global giants looking for more retail space for expansion.
With FDI now permitted for multi-brand retailing in India, global retail giants are now zeroing in on India.
In the wake of the real estate community under the industry body CREDAI, asking for only self-regulation and no government regulator, the Union Urban Development Minister Kamal Nath has bluntly refused to heed to any such fancy thoughts.
About 49 per cent of non-resident Indians, or NRIs, are looking to buy property in India purely for investment purposes, according to a study.
CHD Developers has got bronze award at the Global Communications Competition, 2011 Spotlight Awards organized by the League of American Communication Professionals (LACP).