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.
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Greater Noida farmers oppose settlement deal
A day after Greater Noida administration and farmers of Patwari village reached a consensus on the land acquisition issue, farmers from about 20 nearby villages on Sunday, August 7, termed the settlement a “conspiracy”.
Ascott to expand footprint in India
Ascott, one of the world’s largest serviced residence owner-operator, is expanding its footprint in India in cities like Mumbai, Delhi and Pune, adding to its $250 million investment in seven upcoming properties.
Realty leading in corporate M&A
Real estate along with information technology and financial sectors cornered nearly 52 per cent share in mergers and acquisitions (M&As) out of 68 deals during June and July.
CRISIL report says Jaipur real estate a goldmine
The global research agency CRISIL has termed Jaipur as a goldmine for the real estate investment.
Real estate impact of FDI in multi-brand retail
The introduction of FDI in multi-brand retail will lead to increased demand, which in turn will catalyze more investment opportunities in organized retail.
DLF net falls 13% in Q1
DLF on Tuesday, August 2, reported a 12.81 per cent decline in its consolidated net profit for the first quarter ended June 30 at Rs.358.36 crore.
JLL Asia Pacific property digest: Pune – Q2, 2011
Both absorption and leasing activity remained robust in Pune in 1H11. Net overall absorption was 2.3 million sq ft (213,591 sqm), with 1.5 million sq ft leased during 2Q11.
Real estate finance different from other assets
Finance is a branch of economics that deals with the management of money and other assets.
India real estate needs title insurance
Any residential property, even with all legal safeguards are apparently in place, is ultimately built on land. One cannot automatically assume that this land did not have previous owners.