DBS Housing Strategy Ltd has roped in eBUILD Software Solutions Private Limited (ESSPL), a Mumbai based IT Solutions Provider to implement a trusted software for their construction and real estate projects.
Dynamix Balwas (DB) Realty, the Mumbai-based realtor, has decided to buy upto 49 per cent stake in its hospitality arm, DB Hospitality Ltd, an unlisted arm where the promoters hold a majority stake.
An increasing number of Indian nationals working in Singapore are investing in properties in India and other countries, like Malaysia, London, Australia, Thailand and Singapore, according to a local media report.
Unitech Ltd, India’s second largest real estate company, and DB Realty Ltd continued to struggle with sales in the June quarter amid rising interest rates and slowing demand—a seemingly unceasing plight they share with most of the sector.
Housing Development and Infrastructure (HDIL) has posted consolidated net profit of Rs.1.89 billion for the quarter ended June 30, 2011 as compared to net profit of Rs.2.16 billion for the quarter ended June 30, 2010, representing decrease of 12.50%.
Parsvnath has reported 19.04% fall in its consolidated net profit for the quarter ended June 30 at Rs 25.76 crore as it did not launch any new project.
The missing files of Aldeia de Goa throws open serious doubts on the Government authorities.
Government intervention is needed in India to bring regularization in unorganized real estate broking, says a report by Netscribes, a knowledge consulting solutions company.
Apparel firm Provogue India Ltd said on Thursday, August 11, it will demerge its real estate business into a newly incorporated entity.
Pune is fast emerging as one of the best investment destination for the real estate.