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Realty shares slide on demand worries

Eight realty stocks slipped 0.75% to 4.61% on Friday, August 26, at 14:43 IST on BSE on worries higher interest rates could dent demand for residential and commercial property.

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IL&FS direct beneficiary in DB Realty

The IL&FS has LIC of India, State Bank of India, Central Bank of India, HDFC Bank as prominent shareholders. As per the reports IL&FS owned 4.05 per cent stake in Shahid Balwa’s DB Realty.

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MCHI announces Property 2011

Maharashtra Chamber of Housing Industry has announced ‘Property 2011’ their 18th Real Estate and Housing Finance Exhibition to be held to be held in Mumbai from April 14-17, 2011.

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