Search Results: property transactions (433)

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DLF Q2 net down 63% to Rs 139 crore

Track2Realty: DLF fell for the ninth straight quarter, with the company reporting a 62.8% lower consolidated net profit for the July-September period. Net profits fell to Rs 138.51 crore as compared to Rs 372.41 crore a year ago, weighed down by slow sales and high finance costs.

Finance Track2Realty, Track2Media, India Real Estate, Valuations of Real Estate, Realty News, Property News,

PE deals in real estate drop by 15% in 2012

Track2Realty: The first three quarters of 2012 witnessed a fall in the quantum of private equity investments in the real estate sector. The private equity investments is recorded at INR 35 billion which is approximately 15% lower than same period last year. The total number of private equity transactions till date in 2012 is 23, marginally lower when compared to same period last year. These are the findings of the latest Investment market report from real estate consultancy Cushman & Wakefield, India.

Reports india realty news, india real estate news, real estate news india, realty news india, india property news, property news india, india news, property news, real estate news, India Property

Approximately 14% q-o-q decline in prime office space demand in Q3 2012

Track2Realty: Office space absorption witnessed a 14% q-o-q decline during the 3rd quarter of 2012, according to the findings of CBRE’s latest report, India Office Market View Q3, 2012. Prime office space absorption across the 7 key cities reviewed decreased to about 6 million sq ft in the third quarter, compared to more than 7 million sq ft in the previous quarter.

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DLF calls Kejriwal’s allegations as frivolous

Track2Realty: India Against Corruption (IAC) raised certain allegations, some of which pertained to DLF. In this regard, we would like to state that the business relationship of DLF with Mr Robert Vadra or his companies, has been in his capacity as an individual entrepreneur, on a completely transparent and at an arm’s length basis. Our business relationship has been conducted to the highest standards of ethics and transparency, as has been our business practices, all around.

Company News india realty news, india real estate news, real estate news india, realty news india, india property news, property news india, india news, property news, real estate news, India Property, Track2Media, Track2Realty

VUDA issues notices to realty firms

Track2Realty-Agencies: The Vishakhapatnam Urban Development Authority (VUDA) has issued notices to four firms here on Friday, Oct 5, for violating the rules. VUDA issued notices to Bommarillu Farms & Villas India Limited for development and marketing a layout of 15 acres without necessary permission in the name of Kotha Bangaru Lokam in Kumarm village in S Kota mandal of Vizianagaram and imposed a penalty of Rs 6.21 lakh.

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