Omaxe to raise Rs.450 crore
Omaxe Ltd is set to dilute promoter shareholding through a mix of follow-on public offering (FPO) and placement to raise Rs450 crore.
Omaxe Ltd is set to dilute promoter shareholding through a mix of follow-on public offering (FPO) and placement to raise Rs450 crore.
Even as the real estate sector is gradually slowing down as far as retail sales are concerned, Tata Housing, the real estate arm of the Tata Group, is consolidating its position.
Nitesh Estates Limited has announced impressive performance for the financial year ended March 31, 2011 clocking a robust top line growth of 58%.
An integrated township at the heart of a city like Mumbai? You must be joking. Right?
While the city of Mumbai is known for living in cramped space with high-rise & high-density being the norm, Kohinoor City has opted for low-rise and low-density township.
Patel Realty India Ltd plans to launch 3-3.5 million sq ft of projects valued around Rs.300 crore during the present financial year across the country.
Rakesh Dhamija has spent five years with a multinational company in Spain. During his morning-to-evening business travels he always opted for hotel lounges in various parts of Europe.
Infrastructure development firm Phadnis Infrastructure plans to invest over Rs 1,700 crore in the next five years to fuel its expansion plans.
Real estate developer Zinc Hospitality, which holds equity in properties like Taj Safaris, Taj Asia, Hilton in New York and India Safaris, is all set to bring its own brands to India.
Delhi Police have busted a gang of fraudulent real estate managers who had tricked people into buying land in Masharashtra towns at ‘low rates’ and fled.