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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...
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13 February 2009
Omaxe To Come Up With 10,000 Homes In the Rs 4-10 Lakh Range
Realty firm, Omaxe has announced its plans to launch 10,000 low-cost homes in Indore next month, which would be developed at about Rs 1,000 crore (Rs 10 billion). It will launch these budget-flats in the range of Rs 4-10 lakh. "We will launch 10,000 Read More...
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05 February 2009
Housing For All, A Dream That Might Come True Soon
Housing for all has remained an elusive goal in a country which is seeking to become a global economic power. The current economic crisis offers an opportunity to turn this dream into reality. The slump in realty, created by the global economic slump, Read More...
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05 February 2009
Buyers Are Back In The Market, Realtors Assert
After the Reserve Bank of India reduced its key benchmark rate and cut the cash-reserve ratio requirement, property developers are expecting an increase in sales of homes. They are optimistic about attracting more overseas investment in projects as demand Read More...
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19 October 2007
Telecom, The Next Big Thing In Real Estate
The uncertainty in the prices of property has made real estate companies to integrate into telecom. Developers want to tap the opportunities as telecom offers more revenue stability. Developers are lining up in droves to offer telecom services-or, more Read More...
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