DLF Ltd, India’s largest-listed real estate firm, is seeing a demand revival in the housing segment but a full-fledged recovery was still some time away, a senior official said on Tuesday. Group executive director Rajeev Talwar said debt reduction was still high on the agenda, but there were no plans for further capital raisings before the fiscal [...]
Continue reading...Thursday, November 19, 2009
Given that the time taken from concept to completion of a project is less than in the premium segment and that they are more need-based purchases, a recovery in real estate could translate into faster revenue accretion Bangalore-based real estate developer Brigade Enterprises Ltd’s move into the affordable housing segment will accelerate revenue growth through faster [...]
Continue reading...Wednesday, August 5, 2009
Analysts say that companies will be able to significantly reduce their debt only after three more quarters when cash flow from their operations begins to improve Are India’s top real estate companies finally on top of the debt situation that threatened to overwhelm them earlier this year? Numbers for the quarter ended 30 June seem to indicate [...]
Continue reading...Friday, July 31, 2009
Parsvnath reported an 81.32% drop in its profit for the fiscal first quarter ended June at Rs13.81 crore, compared with Rs73.96 crore in the year-ago period The real estate sector appears to be on its way to recovery, with developers reporting an improvement in apartment sales in the three months ended June compared with previous quarters, [...]
Continue reading...Thursday, July 23, 2009
Possession delays irk buyers even as realty firms launch budget housing schemes to ramp up cash flows Home sales in India may be on the rebound, with real estate firms launching new projects to tap a revival in housing demand, but Ajay Jain remains an angry customer of DLF Ltd, the country’s largest property developer by [...]
Continue reading...Wednesday, June 24, 2009
Firms have modified development plans and project formats, but analysts say there is still some way to go India’s two largest real estate developers by market value are finding their way out of the woods, say analysts. DLF Ltd and Unitech Ltd are showing the first signs of surviving their worst crisis ever. The popping of the [...]
Continue reading...Tuesday, June 23, 2009
THE PROPOSED 5-kilometre-long private metro rail network in Millennium City, Gurgaon, is well on course to becoming a real ity with the Haryana Urban Development Authority (HUDA),the agency overseeing the implementation of this public-private part nership project, accepting the project bid The project was envisaged by real estate developer DLF Ltd to provide a fast and [...]
Continue reading...Saturday, June 20, 2009
The Board of Approvals (BoA), chaired by Commerce Secretary Rahul Khullar, today approved K Raheja Universal’s request to scrap its Navi Mumbai SEZ and also allowed 23 developers more time to develop the tax-free industrial enclaves. In addition, the board also gave its nod to partially scrap another special economic zone (SEZ) developed by the [...]
Continue reading...Saturday, June 13, 2009
Real estate developer K Raheja Universal Private Ltd wants to scrap one of their notified special economic zones (SEZs) and also surrender a part of another zone, citing lack of demand from the information technology sector. The Mumbai-based developer has approached the Board of Approval (BoA) regarding this, which will decide on the matter on June [...]
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Wednesday, November 25, 2009
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