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.
Browsing: Bangalore Real Estate
Apple Realtors & kin applied for bail
The promoters of the real estate company Apple A Day, linked to a housing scam have filed for bail, and the mother of one of them has also filed an anticipatory bail application in a sessions court in Kochi.
Finance Ministry & RBI differ on approving ECBs in real estate
The decision on allowing external commercial borrowings (ECBs) for the real estate sector still hangs fire with the Finance Ministry and the Reserve Bank of India holding opposing views.
Court rejects bail for Apple realtors
The Ernakulam Principal Sessions Court on Thursday rejected the anticipatory bail plea of promoters of a real estate company who have duped hundreds of people of more than Rs.1 billion.
EduMark starts training courses in real estate
EduMark Realty Education has announced the opening of admission in its different real estate courses in Delhi.
Realty Bill to hike operational cost by 10-15%
Introduction of the proposed real estate regulation Bill is likely to increase the cost of operations by 10-15 per cent, said Sreedhar Reddy, president of Andhra Pradesh Realtors Association.
Tata Housing plans Rs 1,000-cr investment
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 growth up by 58 per cent for the fiscal year 2010-11
Nitesh Estates Limited has announced impressive performance for the financial year ended March 31, 2011 clocking a robust top line growth of 58%.
Zinc Hospitality to bring its own brands to India
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.
Realtors offering dicey deals arrested
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.