Realty Bill may open new doors to transparent, secure home buying
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Tue, 6/12/11 – 15:41 | No Comment

For many, buying a residential property is the biggest investment they make in their lifetime. Last week, the government released for public comments a draft Real Estate Regulation Bill, which is said to be on …

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Articles tagged with: Gurgaon

DLF and Unitech Bid for 350-acre Gurgaon Plot Worth Rs 1,700 cr
Thursday, 13 Aug, 2009 – 15:30 | No Comment
DLF and Unitech Bid for 350-acre Gurgaon Plot Worth Rs 1,700 cr

DLF and Unitech, the country’s top two real estate firms, are understood to have bid for a 350-acre plot in Gurgaon with a reserve price of about Rs 1,700 crore. According to sources, DLF and …

Price Correction Encourages Gurgaon Real Estate market
Thursday, 30 Jul, 2009 – 12:52 | No Comment
Price Correction Encourages Gurgaon Real Estate market

Encouraged by price correction and lowering of interest rates, the real estate market, after a period of relative inactivity lasting the first few months of the year, witnessed improved levels of activity on the part …

Making a Smart Property Deal
Tuesday, 28 Jul, 2009 – 10:10 | No Comment
Making a Smart Property Deal

Is it a good time to buy or sell in the real estate market right now? Chances are that as a prospective buyer or a property owner, you may be facing a serious dilemma. Industry …

Housing Sector to Come up with 8,000 flats in NCR
Monday, 20 Jul, 2009 – 18:07 | No Comment
Housing Sector to Come up with 8,000 flats in NCR

In a move expected to give a big push to the housing sector in Gurgaon and Faridabad, the Haryana Housing Board is in the process of inviting expressions of interest for building 8,000 flats in …

Unitech in talks with PEs to raise $500 m via debt issue
Wednesday, 8 Jul, 2009 – 12:57 | No Comment
Unitech in talks with PEs to raise $500 m via debt issue

Unitech is planning to raise $300-500 million through an issue of convertible debt instruments to multiple private equity investors.
According to a person with direct direct knowledge of the company’s plan, Unitech, which is desperately looking …

Unitech is looking for restructuring loan
Tuesday, 7 Jul, 2009 – 20:46 | No Comment
Unitech is looking for restructuring loan

Unitech, India’s second largest listed real estate company, is looking at restructuring a Rs 800-crore loan from public sector banks, as it attempts to save itself from sinking under the huge debt burden. The company …

Small realty cos rework deals with landowners
Tuesday, 7 Jul, 2009 – 20:44 | No Comment
Small realty cos rework deals with landowners

With reduction in land prices , an average 30% across India in the past 6 months, many medium-sized developers are trying to renegotiate the joint development agreements, they had signed with landowners earlier.
“Renegotiations have definitely …

DLF To Invest Rs. 15,000 Cr. in Affordable Housing
Tuesday, 16 Dec, 2008 – 13:00 | No Comment
DLF To Invest Rs. 15,000 Cr. in Affordable Housing

 DLF, India’s biggest real estate developer said that it would invest Rs.15,000 crores over the next three years to develop various mid-income residential projects (affordable houses) across the country in Rs. 15.-40 lakh range.
DLF’s investment plans for …

Unitech and Ansal at risk
Sunday, 14 Dec, 2008 – 0:57 | No Comment
Unitech and Ansal at risk

Unitech and Ansal Properties & Infrastructure are among the country’s real estate companies most at risk of collapsing due to rising debt and a drop in sales, Kim Eng Research said.Indian developers’ debt, including advances …

DLF puts projects on hold, admits firing employees
Wednesday, 19 Nov, 2008 – 12:47 | No Comment
DLF puts projects on hold, admits firing employees

DLF Ltd,  has fired some of its employees and put on hold some of its residential, commercial and hotel projects, because of a slump in real estate demand and liquidity crunch.
“We must have laid off …