Runwal Group to take over Birla property
Runwal Group, has reportedly purchased Neosym Industry Ltd, a metal manufacturing company located on LBS Marg in Bhandup owned by Kolkata industrialist C K Birla’s family.
Search Results: real estate company (1179)
Future lies in housing for poor
Need for a revolution that will see the poor get access to housing is more eminent than ever before, and that, in such a revolution lies a great business potential for the realty sector. This was one of the strong messages that emerged from the South India Real Estate Conference, 2012, inaugurated in Bangalore on Friday, July 3.
DLF in talks with Lodha to sell Mumbai land for Rs 2,700 cr
DLF is in advanced stages of negotiation with Lodha Developers to sell its prime land in Mumbai for about Rs 2,700 crore and a deal is expected to be finalised shortly.
Emaar net operating profit up 45% at $332 mn in Jan-June
Emaar Properties has reported a 44.35% jump in net operating profit of $332 million for the first six months of this year. The company had posted an operating profit of $230 million in the January-June period of last fiscal. However, total income for the first six months of 2012 remained flat at $1.068 billion, Emaar Properties said in a statement.
Consumer forum penalises Emaar MGF for ‘service deficiency’
The UT District Consumer Disputes Redressal Forum has penalized Emaar MGF Land Limited Sector 17, for ‘gross deficiency in services’ and ‘unfair trade practice’.
Cushman & Wakefield sets up office in Ahmedabad
Cushman & Wakefield has opened its new office in Ahmedabad…
Regulator must ensure better & viable ways & means
India today needs global products and large scale regions to be developed which has to have inherent quality of having a good financial ecosystem, legal ecosystem, administrative ecosystem and the ecology of real estate has to function under the regulatory environment. But the regulatory environment should not be restrictive and instead focused to give impetus to the industry.
DLF plans to lower debt to Rs 17,000 cr
DLF on Sunday, July 15, said it planned to cut its Rs 23,000-crore debt to about Rs 17,000 crore in this financial year and asserted that it was not unduly “perturbed” by the massive load.
CBRE Group, Inc. ranks #4 among all outsourcing firms
CBRE Group, Inc. has announced that the company has been recognized as the #4 outsourcing services provider across all industries, and the highest-ranked real estate services company, according to the International Association of Outsourcing Professionals’ (IAOP) Global Outsourcing 100. CBRE is the first real estate services firm to break into the elite top 5 on IAOP’s list. The firm improved its ranking from #6 in 2011.
Potential and roadblocks co-exist for hotels-II
The operational inexperience of the developers’ is also being sewn up through strategic tie-ups with the majors in the hotel industry. An improving economic scenario and demand for more hotel rooms across categories is persuading international hotel chains to sign new management contracts with Indian developers and property owners, according to analysts. The industry will witness the announcement of a number of new hotels in the year ahead.