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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Aerens Gold Souk appoints Devasish Dutta as President-Retail
Aerens Gold Souk International (AGIL) has appointed Devasish Dutta as President for its retail division.
NE Realty expo concludes
The North East Realty Expo that had begun on August 25 and was organised by AREIDA in collaboration with Hindi daily Dainik Purvoday at the Maniram Dewan Trade Centre here, came to an end on Sunday.
NE Realty Expo gets under way
Chief Minister Tarun Gogoi has inaugurated the ‘Northeast Realty Expo 2011’ at the Maniram Dewan Trade Centre on Thursday, August 25.
DLF plans to cut debt by Rs 3,000 cr
DLF plans to reduce its debt by Rs.2,500-3,000 crore by the end of this financial year, according to Group Executive Director Rajeev Talwar.
Tata Realty & M3M Developers in race to buy DLF’s Gurgaon plot for Rs 400 cr
Tata Realty and M3M Developers are believed to be in the race to buy DLF’s Gurgaon plot for around Rs.400 crore.
JLL Asia Pacific property digest: Pune – Q2, 2011
Both absorption and leasing activity remained robust in Pune in 1H11. Net overall absorption was 2.3 million sq ft (213,591 sqm), with 1.5 million sq ft leased during 2Q11.
Office space leasing soars 33% in Apr-Jun
Realty consultant CB Richard Ellis India said on Wednesday, July 20, leasing activities for office spaces in major cities during April-June period has increased by over 33% to eight million sq ft compared to the previous quarter.
Goa real estate boom fuelled by black money
Goa real estate boom is not driven by “people who love the land”, but by speculative investment of black money in the state.
India Property invests Rs. 120 crore in Ramprastha’s Gurgaon project
Private equity firm India Property Fund has picked up a 49% stake in Ramprastha Group’s housing project Skyz in Gurgaon for Rs.120 crore.