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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Marriott opens third property in Pune
Marriott has opened a 179-key property Courtyard in Pune to cater to the business travelers which is developed by Mumbai-based The Advantage Raheja Group.
Office rents and capital values continue to grow across Asia Pacific
Ongoing corporate hiring and expanding accommodation requirements underpinned the Asia Pacific office leasing market in 2Q11, according to new research from Jones Lang LaSalle in their recent Asia Pacific Office Index.
Realty to be worst hit by repo hike
India’s real estate sector will be among the worst hit by the Reserve Bank of India’s decision to raise key interest rates, experts have said.
RBI hike in repo rate will hit real estate hard: CREDAI Chief
The RBI move to raise the repo rate by 50…
SADC, Singapore wishes China’s savings into Indian realty sector
A prominent group in Singapore plans to act as a facilitator to bring in China’s savings into the Indian economy and other South Asian countries.
CapitaLand enters Indian hospitality sector
CapitaLand, one of Asia’s largest real estate firms, will spend…
Mumbai real estate and terrorist attacks
The fact that Mumbai has once again been targeted by terrorists begs the question – what are the immediate and long-term implications of this continued focus by disruptive forces on the city?
Bahrain-based Star markets Goa properties
Bahrain-based Star International Real Estate has signed an agreement to be the exclusive agent for two property developments in Goa.
S&P warns rising property prices as credit risk for banks
Standard & Poor’s Rating Services on Monday, July 4, said the surge in real estate prices in some pockets in India could emerge as a credit risk for banks.