Indian Real Estate and Property News Weblog

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September 2008 - Posts

18 September 2008
HDFC enters Home Equity Business
HDFC , India's largest housing finance company has made a big move in the home equity business by offering loans against property at 13.25%. This could turn out to be a big business opportunity for the lender since most of its borrowers pre-pay home Read More...
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18 September 2008
ING Real Estate to Invest in India
Dutch property manager ING Real Estate plans to invest in India, Turkey, Europe and the Americas to meet demand and benefit from relatively high returns. The real estate unit of financial services division of ING Group, which managed 94.4 billion euros Read More...
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18 September 2008
Indiabulls Real Estate's $ 400 mn GDR Concludes
Indiabulls Real Estate has recently concluded its $ 400 million Global Depository Receipts (GDR) offering with the allotment of over 3.87 crore equity shares. The board of directors allotted 3,48,83,720 equity shares of Rs 2 each as underlying shares Read More...
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18 September 2008
NHB Launches Housing Price Index in 5 Indian Cities
In a move that is expected to bring transparency to the real estate market, finance minister P Chidambaram launched the official Housing Price Index, developed by India's home loans regulator, the National Housing Bank . Named as NHB Residex, the Read More...
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18 September 2008
DLF to Invest Rs.1000 Crores in Multiplex Business
Real estate giant DLF is likely to invest about Rs 1,250 crore on expanding its multiplex business, DT Cinema, by adding about 500 screens in the next four to five years. Currently, DLF is at a pre-operative stage with about seven screens. In another Read More...
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18 September 2008
Berggruen Holdings to Invest $300 m in India
Berggruen Holdings is a private company, with interests in private equity, stocks and bonds, hedge funds, art and real estate. Berggruen Holdings is a New York-based fund which manages proprietary capital worth over $1.5 billion, plans to invest over Read More...
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