DLF shares rises on RBS upgrade, debt-cut plan buzz
Shares of DLF rose six per cent in Monday’s trading on expectations the company’s debt reduction strategy was falling in place, said analysts tracking the stock.
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CRISIL predicts fall in Ahmedabad market
CRISIL Research says that there will be 5% correction in the realty prices in Ahmedabad this year.
Omaxe New Heights’ buyers allege harassment and cheating
Home buyers in Omaxe New Heights, Sector 78, Faridabad are a worried lot.
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.
DLF plots offset to costs blow
DLF Ltd will focus on plotted development in the short term in a bid to weather the blow from rising inflation and input costs.
Sheraton Bangalore launched
Starwood Hotels and Resorts announced on Friday the launch of Sheraton Bangalore Hotel at Brigade Gateway, the first property managed by the group in India.
CREDAI urges single window clearance
The Confederation of Real Estate Developers’ Association of India (CREDAI) Friday urged the central government to introduce single window clearance and a uniform tax structure for the sector across the country.
Oversupply of retail space set to keep rentals under pressure
A mammoth increase in planned supply of retail malls in India will increase retail companies’ bargaining power vis-à-vis real estate developers.
Tata Housing to invest 3000 crore on affordable housing
Tata Housing Development Company would invest up to Rs 3,000 crore next fiscal to develop affordable homes across the country. The company already has five projects in the affordable segment and plans to launch 7-8 more projects next fiscal.
Home buyers reject correction theory in 2011
Don’t wait for the right time to buy a house expecting a price correction, say seven out of ten home buyers who are on house hunting. Contrary to the price correction reports, the property search of prospective buyers and sellers across the country have convinced them that cheaper house in 2011 are a fancy and wishful thinking. At least those who have done their home work on property search are pretty sure about it.