Indian Real Estate and Property News Weblog


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21 March 2009
Omaxe Pays Back Rs 201 Crore To Indiabulls
Cash-strapped realty company, Omaxe has managed to pay Indiabulls Financial Services Rs 21 crore in December 2008. With this payment, Omaxe has been able to pay Rs 201 crore against the total loan of Rs 300 crore it took from the latter in December 2007. Read More...
25 January 2009
Goldman Sachs Buys A Rs 30 Crore Stake In Indiabulls Real Estate
Foreign fund Goldman Sachs Investments Mauritius (India) has bought shares worth Rs 30.84 crore in Indiabulls Real Estate through open market transactions. As per the information on bulk deals available on the National Stock Exchange, Goldman Sachs Investments Read More...
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...
23 October 2007
Sales Centeres & Advertising prime factors in Property Buyers Decision
Sales centres and advertising are the most important factors influencing one's decision to buy a property, according to a study released by FutureBrand, a global brand consultancy firm. It said that sales environments have posted a 25 per cent rating Read More...
19 October 2007
Real Estate Biggies To Compete For Prime Plot near Kolkata
A prime 5-acre plot on the edge of EM Bypass Expressway has caught fancy of Indian real estate giants. Soon, big names including DLF, Reliance Group, Emaar MGF, Indiabulls, Bengal Ambuja Realty, and Paharpur Cooling Towers will be seen competing for it. Read More...
13 July 2007
Indiabulls Real Estate prices $360 million GDR offering
Mumbai , India , July 04, 2007 - Indiabulls Real Estate Ltd (IBREL) has aanounced that IBREL priced its US$ 360 million GDRs offering on the Luxembourg Stock Exchange at US$ 10.32 per GDR. Each GDR represents one equity share of the Company of nominal Read More...