Omaxe sees net debt down at Rs 880-890cr
Omaxe Ltd expects net debt to fall to Rs.880-890 crore by March 31 as it plans to repay debt over the next three quarters, mainly from operations, a top official said on Tuesday, August 9.
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ATS Group forays in Gurgaon
ATS Group, the Noida-based developer has announced its foray to the Gurgaon property market with residential projects.
Videocon’s hotel project in Ahmedabad on hold
Videocon Group has put its hotel project on backburner. The company now plans to enter the Ahmedabad real estate market with a residential cum commercial project on the prime location of Ashram Road.
Realtors exploring alternative channel of funding
As India’s realty sector goes through a liquidity crunch with banks tightening lending norms and property sales dropping, real estate developers are turning to alternative channels of funds.
Why did Goa Government go soft on DB Realty?
Government of Goa had initially taken a firm stand against the DB Realty Goa Project on account of the Goa Bachao Abhiyan (GBA) fierce agitation in 2006.
KUL gets Rs 50 crore by private investors
Kumar Urban Development Ltd (KUL) has raised Rs.50 crore from two private investors, taking its total fund-raising this year to about Rs.300 crore.
Edelweiss Housing targets Rs 1000 cr loan biz by 2015
Edelweiss Housing Finance Ltd (EHFL), the housing finance arm of Edelweiss Group, has launched its operations in Pune.
Sahara takes its flagship project ‘Sahara City Homes’ to Satna
Sahara Prime City Limited has launched its flagship brand of township ‘Sahara City Homes’ in Satna.
Policy framework at fault for Noida Extension impasse
The real estate fraternity today is scared and apprehensive with what happened at the Noida Extension.
India real estate and the US credit rating cut
The US credit rating cut and uncertainties about Europe’s debt situation is a cause concern.