Godrej Properties promoters to dilute stake
Godrej Properties could look at dilution of promoters’ holding in the company in the next six months.
Godrej Properties could look at dilution of promoters’ holding in the company in the next six months.
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?
DLF has reportedly added over 3,000 advisors in its insurance joint venture DLF Pramerica Life Insurance during last fiscal for the future growth of the business.
A new next-generation member from its founding family has joined the country’s largest real estate group DLF, but Rahul Talwar, a grandson of chairman KP Singh, would begin his journey as a ‘trainee’.
Bahrain-based Star International Real Estate has signed an agreement to be the exclusive agent for two property developments in Goa.
Noida extension seems to be taking its toll. India’s largest home loan provider State Bank of India (SBI) said on Friday, July 8, it will not finance real estate projects which are mired in disputes over acquisition of land.
Private equity firm India Property Fund has picked up a 49% stake in Ramprastha Group’s housing project Skyz in Gurgaon for Rs.120 crore.
Tata Housing has announced a Rs.1,000-crore foray into Maldives with villas priced at a princely Rs.30 crore each.
Unitech Ltd is expanding its retail development business and plans to invest around Rs.2,000 crore over the next three years to develop about 2 million sq. ft of premium and luxury shopping malls.
Shares of DLF rose six per cent in Monday’s trading on expectations the company’s debt reduction strategy was falling in place, said analysts tracking the stock.