Sobha buys out Pan Atlantic Investments
Bangalore-based Sobha Developers has bought entire equity of its joint-venture partner, Pan Atlantic Investments Limited, a Dubai-based PE investment company for Rs.98.5 crore.
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…and that promises living on Cloud 9
Would you like to have the luxury of global landmark Al Burj of Dubai in India only?
BCCL picks up ad-for-equity stake in Investor Clinic
Bennett, Coleman & Co. Ltd has acquired an undisclosed stake in an ad-for-equity deal with Noida-based Investors Clinic Infratech Pvt Ltd.
Residential property – A shadow of caution on the festival Of lights
The festive season looks a bit subdued for property buyers this year. The price corrections that were anticipated in the primary cities have not materialized, at least not in the hoped-for magnitude.
SEBI raps BSE in Sahara case
The Securities and Exchange Board of India (SEBI) has questioned the Bombay Stock Exchange (BSE) the basis on which it gave a certificate to the Sahara group on the ‘listability’ of optionally fully-convertible debentures (OFCDs).
Mumbai office oversupply expected to correct prices
An oversupply of commercial office space in Mumbai and other metros could lead to a huge price correction in the country’s realty market.
Unitech approaches CLB with offers to buy out Telenor
Unitech in its petition before the CLB, in which it accused Telenor and its executives of ‘oppressive and mala-fide actions’ has offered to buy Norwegian partner Telenor’s 67.25% stake in their mobile joint venture.
Lodha Group announces Rs 10,000-cr project in Mumbai
Lodha Group on Tuesday, September 11, announced over Rs.10,000 crore investment in a new project in the island city.
MCHI Property 2011 Exhibition concludes with resolution of safe and secure home buying
MCHI Property 2011 Exhibition concluded with a record footfall of 86,882 visitors.
MCHI to focus on Mira-Virar infrastructure development
The infrastructure development and building approvals in Mira-Virar area came into sharp focus at the 1st AGM of the MCHI’s MVC Unit.