10 more cases against DLF pending with CCI
It seems the Competition Commission of India (CCI) ruling on the DLF to pay penalty has opened the can of worms.
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Reliance Capital arm to raise Rs 1500 crore via realty fund
Reliance Portfolio Management Services, a part of Reliance Capital Asset Management is all set to raise over Rs.1500 crore from the domestic market to invest in real estate projects around the country.
Ajmera Realty gains on acquiring 90% stake in Laudable Infra
Ajmera Realty & Infra India rose 2.96% to Rs. 118.40 at 14:15 IST on BSE on Wednesday, August 24, after the company said it has approved the proposal to acquire the 90% stake in Laudable Infrastructure LLP.
Realtors turn holier-than-thou
Call it flavor of the season or overt holier-than-thou or just plain Anna Hazare effect, major real estate developers of Punjab have announced not to pay bribes to government officials in future for getting their projects approved.
Real estate financing and investments – market predictions for the next 12 months
The only constant is change. This has been an axiomatic…
Realty sector mulls legal action against CCI order
The ruling of Competition Commission of India (CCI) against the market leader DLF seems to have not only sparked a debate within the real sector, but has also united them.
Oberoi Realty ropes in a global contractor for key Worli project
It is not slowdown for some of the realtors, while others are feeling the heat. If the signature projects of some of the developers are any indication, market is still good if you don’t have crisis of credibility.
Realtors have been adding Rs14 crore debt a day
The debt load of 11 listed real estate companies in the country has risen 15%, or by Rs.5,000 crore, to Rs.38,500 crore in the last 12 months.
ASK Property Investment Advisors to raise Rs 10 bn by December
India’s ASK Property Investment Advisors aims to raise a Rs.10-billion ($219 million) fund by December in a bet on the long-term case for property in Asia’s third-largest economy, said a top official.
Shriram Properties may get $125 million PE fund
Shriram Properties, which wants to refinance projects under development and acquire distressed real estate assets may get $125 million PE fund by private equity arms of JP Morgan, IL&FS and Morgan Stanley.