Tag Archive | "Lodha Developers"
Lodha gets Sebi’s nod for Rs 2,790-cr IPO
Mumbai-based realty firm Lodha Developers today said it has received market regulator Sebi’s approval for its Rs 2,790-crore initial public offer (IPO), which is expected to hit the capital market in the next 4-5 weeks. “We have received the final approval from Sebi,” Lodha Developers Managing Director Abhisheck Lodha told PTI. The company had filed the draft [...]
Continue reading...Lodha to invest Rs 6,000 cr in existing projects
Wednesday, November 18, 2009
Mumbai-based realty firm Lodha Developers, which plans to hit the capital market with its initial public offer (IPO) early next year, will invest Rs 6,000 crore in the next three years on construction of its existing projects. “We are currently developing about 30 million sq ft of area, comprising 38 projects. The average cost of construction [...]
Continue reading...Realty companies eye Rs 15K-crore mop-up
Friday, November 13, 2009
Cash-strapped real estate companies looking for succor from the capital market are likely to run into headwinds on the pricing front. Market watchers say unless the promoters price their issues a bit more realistically, they are likely to see a tepid response from investors. Some of the high-profile new issues over the past few months were [...]
Continue reading...Lodha Developers to raise up to Rs 3,000 cr through IPO
Friday, September 25, 2009
Mumbai-based premium housing player Lodha Developers is looking at raising between Rs 2,000 crore and Rs 3,000 crore through IPO and is expected to file its Draft Red Herring Prospectus (DRHP) next week. According to industry sources familiar with the company’s plans, Lodha will file DRHP within a few days and is looking at listing during [...]
Continue reading...Super-luxury is back in the realty lexicon
Tuesday, September 22, 2009
The sales brochure offers you the opportunity to own Mumbai’s first managed private residences with a “lifestyle elevated up to the sky”. At Rs 28,000 per square foot plus other charges, Indiabulls Sky is also promising a 65-storey “marvel with opulent apartments, timeless luxury and impeccable butler service”. Indiabulls Real Estate, which has sold one-third of [...]
Continue reading...Realty firms start raising prices
Wednesday, September 16, 2009
DLF, the country’s largest property developer, will soon conduct a poll among property brokers to decide the pricing and number of apartments to be offered in the second phase of its Capital Greens project in West Delhi. It’s a novel experiment, but property brokers in Delhi say the company is trying to test the waters in [...]
Continue reading...TDI lines up Rs 1,000 cr for budget homes
Monday, August 24, 2009
The New Delhi-based realty firm TDI is planning to invest Rs 1,000 crore to build low-priced homes in the national capital region in the next three years, a senior company executive said. “The demand for homes is coming back slowly,” said TDI managing director Kamal Taneja, outlining the company’s priority to attract buyers. TDI, which has its [...]
Continue reading...Godrej Properties, Lodha may float IPOs soon
Thursday, August 6, 2009
Success of other QIPs, need for equity capital to push decision Private property developers such as Godrej Properties and Lodha Developers may tap capital markets in the next three-four months to raise funds for their ventures, according to investment banking sources. Godrej Properties, part of the Godrej group, may float an initial public offer of around Rs [...]
Continue reading...Six realty cos plan to raise $2.5 bn via IPOs
Monday, July 27, 2009
The builders are back on Dalal Street after a gap of more than a year. At least six real estate firms plan to mop up more than $2.5 billion from the capital markets by December, 18 months after poor response forced Emaar MGF to scrap its Rs 6,500-crore maiden share issue a day after it opened in [...]
Continue reading...Finlay Mill land put on the block again
Friday, July 3, 2009
MUMBAI: After two abortive attempts, National Textile Corporation (NTC) has again put its Finlay Mill land in Parel up for sale with one-third reduction in reserve price. NTC has reduced the reserve price of its 10.3 acres in central Mumbai from Rs 1,065 crore to Rs 708 crore, and is expecting bids from prominent real estate [...]
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