Emaar takes stock of Indian property
Emaar Properties PJSC, Dubai’s largest real-estate firm, has asked consultants and investment bankers to value its Indian joint venture Emaar MGF Land Ltd’s assets.
Search Results: emaar (482)
Emaar MGF challenges CWG village verdict
Emaar MGF today challenged a single judge’s dismissal of its plea for restraining Delhi Development Authority from encashing its bank guarantee worth Rs. 183 crore due to delay in completion of the Commonwealth Games village.
Godrej Properties the new brand leader of Indian real estate
It is not just the fiscal performance or the stock market resilience that have elevated Godrej Properties to the coveted brand leadership across India. The performance has been remarkable and ever improving on various scale leading to better consumer experience and consumer connect. In a gloomy market of uncertainty, Godrej Properties looks most promising to meet the delivery commitments as well. Last, but not the least, while most of the corporate entities found it altogether challenging turf in the business of real estate, Godrej appears to be a natural real estate brand beyond its market presence in other businesses.
Sobha retains brand leadership; Embassy is the brand performer
In terms of the overall brand gain for the year, Embassy has been way ahead of the competition curve post the REIT listing. Embassy has jumped from its last fiscal ranking at Number 5 to now at Number 2. As a matter of fact, Embassy is just 0.4 brand score behind Sobha Limited. Moreover, Embassy has taken a lead ahead of Sobha in terms of NRI perception. Moving forward, Embassy Group with diversified portfolio could have an edge over Sobha Limited.
Square Yards expands its footprints in Gulf region
The company plans to increase its team strength in the Gulf to 500 and is targeting a Gross Transaction Value of $600 mn. from its international business in 2019. It also plans to set up operations in Saudi Arabia in this calendar year.
NCLT Delhi Court issued contempt of court Notice to Rohtas Goel, CMD, Omaxe
Court has also directed that financial statements, bank details, any important resolutions by Board of directors of the company be placed on record along with minute books and attendance register w.e.f 1st April 2015 onwards. Also notices along with the proof of dispatch of the Board meetings and attendance registers be filed.
IREIS to host realty heavyweights, attract buying-selling at spot
The International Real Estate and Investment Show (IREIS, a B2C sales and networking platform where spot sales are permitted, the 10th edition is bringing leading local and foreign real estate developers under one roof will reflect the attractiveness of UAE‟s real estate sector and will attract investors from various parts of the world.
Co-promoter files petition against Omaxe CMD
Sunil Goel, the second largest promoter and shareholder of Omaxe Group has alleged for financial fraud at Omaxe Group. He has filed a legal petition against Rohtas Goel, Chairman & Managing Director, Omaxe Ltd for malpractices and financial mismanagement carried out in the company allegedly by Rohtas Goel.
India’s alternate residential realty sector looks at USD 4.3 billion investment
Meraqi’s latest sector specific research report ‘Emerging Residential Niche Products’ reveals the potential of the growing alternate residential real estate market in India, analyses investment trends in niche categories like Student Housing, Micro units and Senior Housing emerging across the Tier I cities and forecasts the future trends in the segment.
Baggage of trust deficit & best practices
The industry body Confederation of Real Estate Developers’ Association of India (CREDAI) has thus far failed to act against the erring builders. They had only been vocal with a resolve to suspend the members who have repeatedly gone back on promises to buyers.