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.
NHAI for realty development to attract expressway bids
While the land acquired by the Uttar Pradesh Government along the Expressway has snowballed into a political slug fest, the National Highways Authority of India (NHAI) still believes that is the way to go.
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.
McKinsey recommends REIS & GSS savings in gold and realty
Global consultancy firm McKinsey has recommended moving Indian household savings in physical assets like gold and real estate to financial assets to increase the flow of financial savings to domestic equity markets.