DLF sells 28-acre plot to M3M India for Rs 440 crore to cut debt
DLF has sold a 28-acre plot in Gurgaon to M3M India for Rs.440 crore, in the first among many such big-ticket sales it has lined up this fiscal to bring down mounting debt.
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Godrej Properties ties up with GIIS for setting up an education facility
Godrej Properties, the realty development arm of the Godrej Group, has tied-up with Global Indian International School (GIIS) for setting up an education facility at its Ahmedabad 330-acre township project.
Gujarat property exhibition eyes Rs1000 crore business
Gujarat Institute of Housing and Estate Developers (GIHED) is expecting Rs.1,000 crore business during its two-day property exhibition at Goregaon starting on Saturday, September 10.
EMGEE Group signs Anil and Sonam Kapoor as their brand ambassadors
EMGEE Group has signed the celebrity father-daughter duo Anil and Sonam Kapoor as their brand ambassadors.
SAT says listing must for issues with 50 or more investors
The Securities Appellate Tribunal (SAT) on Thursday, September 8, said if a company decides to raise money from 50 or more people, it must list the securities on a stock exchange to protect investors’ interests.
Aerens Gold Souk appoints Devasish Dutta as President-Retail
Aerens Gold Souk International (AGIL) has appointed Devasish Dutta as President for its retail division.
Purvankara launches a new scheme
Puravankara Projects Limited has launched a new scheme where customer can own a Purva apartment only by paying the initial 20% without any further financial outflows up to possession.
Ending India’s apartheid towards its underprivileged landowners
We recently saw an unprecedented turn in India’s history, when public opinion and passive resistance led by a small group of ‘civil society’ representatives persuaded a reluctant Government to proceed towards an anti-corruption legislation.
SAT asks Sahara to file an affidavit on capital collection
The Securities Appellate Tribunal (SAT) on Wednesday, September 7, asked Sahara to file an affidavit explaining the method by which entities of the group had raised thousands of crores of rupees from investors through convertible instruments.
Mövenpick opens first hotel in India
As a part of their expansion drive in Asia, Zurich-based upscale hotel chain Mövenpick Hotels & Resorts has forayed into India by setting up its first property in Bangalore and also plans to open 12 additional properties over the next 5 years.