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07 September 2009
Nagarjuna Construction to raise Rs 367 crore via share issue
Nagarjuna Construction said it will raise Rs 367.35 crore by way of private placement of shares with qualified institutional buyers. The board of directors have approved to allot 2,77,32,900 shares at Rs 132.46 a piece, totalling to Rs 367.35 crore by Read More...
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07 September 2009
CHD’s latest project sold out in six weeks
CHD Developers, the New Delhi-based real estate company, has announced that its latest project ‘CHD Lifestyle’ comprising 138 residential units spread in an area of approximately 1,50,000 sq ft has been completely sold out within a span of Read More...
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21 March 2009
Semi Luxurious Apartment, Latest Ploy Of City Developers
Real estate developers have come up with a new gimmick to attract buyers. After budget-houses, builders have come out with ' semi-luxury ' flats to cater to high-end buyers. The purpose is to provide various amenities offered by premium projects, Read More...
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19 March 2009
Chennai: Bollineni Hillside one of the Largest Residential Townships on OMR Launched
19th March’ 09, Chennai: BSCPL Infrastructure Ltd., a major player in the construction Industry, today announced the launch of its prestigious project “Bollineni Hillside”, on OMR. Formerly known as B Seenaiah & Co Projects Ltd., Read More...
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13 February 2009
450 Projects Halted And 5, 000 Jobs Lost In Pune Realty Sector
Falling sales and severe cash crunch have halted the development of more than 450 real estate projects in Pune. This has resulted in loss of jobs of around 5,000 construction workers. A detailed survey undertaken by Promoters and Builders Association Read More...
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13 February 2009
Boards Of Maytas Infra and Maytas Properties Not To Get Dissolved
The government has announced that it will not dissolve the boards of Maytas Infra and Maytas Properties, whose acquisition deal by Satyam Computer for $1.6 billion was aborted following shareholders' dissent. The government has already ordered inspection Read More...
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05 February 2009
Mahindra Lifespace To 'Go Green'
Mahindra Lifespace Developers Ltd, the real estate arm of the Mahindra Group, is planning to make all its future residential buildings green. The company would set aside Rs. 400 crores as an investment budget for this purpose. Besides that, it has earmarked Read More...
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05 February 2009
DLF, SRK Plan To Invest Rs. 90 Billion In Kerala
SRK Group has planned to invest Rs 50 billion in Kerala in the next five years for building apartments and villas in around 16 projects in places like Kochi, Thirssur and Thiruvananthapuram. Currently, the group has 20 projects in the pipeline, including Read More...
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25 January 2009
Tough Time Ahead for Indian Builders
Unitech is the worst performing Nifty stock of 2008, the stock has crashed 92 per cent. Its peer, DLF is no better, it has fallen 80 per cent while developers such as Parsvnath and Sobha too have lost 90 per cent. The real estate market has been the worst Read More...
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25 January 2009
Indian Realtors Bank On CPs
Indian real estate companies have taken up borrowings through issuances of commercial papers (CPs) after the country's central bank injected liquidity by slashing cash reserve ratio and as banks continue to shy away from extending loans. Realtors Read More...
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19 October 2007
DLF Goes Abroad To Raise Funds
The biggie of the real estate sector wants to grow bigger, as DLF Ltd plans to borrow $1.5 billion overseas to fund new projects and acquisitions in the next 30 days. It will spend half of the money on buying shares in DLF Offices Trust, a Singapore based Read More...
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19 October 2007
Pucca House Still Remains A Dream For Poor
For the poor and unprivileged section of Indian Society owning a pucca house still remains a dream. Whereas the World Bank report of April 2007 shows the amazing impact of replacing dirt floors by cement floors in Mexico, adults reported 69 percent higher Read More...
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13 July 2007
Parsvnath Developers secures mall project in North Delhi
New Delhi, India, June 21, 2007 - Parsvnath Developers Ltd on June 21, 2007, has announced that the Company has bagged another DMRC project for developing an ultra modern fully Air-Conditioned shopping mall outside Netaji Subhash Place Metro Station in Read More...
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13 July 2007
Ansal Properties signs an agreement with Fortis
Lucknow , India, July 04, 2007 - Ansal Properties & Infrastructure Ltd has announced that the Company has signed an Agreement with Fortis Health care Holding Ltd, (Fortis) for setting up a world class Medicity at its Project, Sushant Golf City, located Read More...
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16 April 2007
Nagarjuna Construction gets Rs 3.02-bn orders
Nagarjuna Construction Co Ltd said recently that it had secured three orders worth 3.02 bn rupees, including a water supply project order worth 2.46 bn rupees. The Economic Times New Delhi Edition March 27 2007 For Apartments in South Bangalore Visit Read More...
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