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real estate developer Archive

D B Realty merges its subsidiary Gokuldham, a real estate arm of company

D B Realty, the leading real estate developer has merged its subsidiary Gokuldham, the real estate development company and the company has informed to BSE (Bombay Stock Exchange). According to reports, amalgamation will be effective from April 01, 2013, the appointed date “Pursuant to the Orders passed by the High Court of Bombay on October […]

The National Green Tribunal stay on new construction activity near Sanjay Gandhi Park

Recently, the NGT (National Green Tribunal) has imposed stay on the permissions of all new building construction which comes in the vicinity of the Sanjay Gandhi National Park and it is expected that this move can leave negative impact on the several proposed real estate projects which are in the western and eastern suburbs of […]

For IPO of Rs 2,500-crore, Bankers court Lodha Group

After four years of dropping its plan to go public, now again Lodha Group, which is country’s largest real estate developer in terms of sales is going to use the idea of launching an initial public offering (IPO) of equity to rise between Rs 2,500 crore and Rs 3,000 crore for the development of the […]

RMZ Corp is in initial talk to acquire Essar’s Equinox Business Park in Rs 2,400 cr deal

Essar is in initial negotiation stage with real estate developer RMZ Corp to sell its Equinox Business Park, which is located in Mumbai. According to sources the price of deal will be about Rs 2,400 crore, or $ 360 million. In recent years, this could be the biggest commercial real estate deal in the MMR […]

Property Expo by CREDAI-Mangaluru begins today in Mumbai

The Mangaluru chapter of Confederation of Real Estate Developers’ Association of India (CREDAI) has organised a property exhibition at Mumbai from September 11, which will go on for 3 days. As confirmed by D.B. Mehta, president, CREDAI- Mangaluru, The venue is Buntara Sangha, Kurla in Mumbai. About 40 builders and developers and banks from two […]

Goldman Sachs will invest Rs 900 Crore in Piramal Realty

Global Investment Bank, Goldman Sachs is planning to invest Rs 900 crore or $ 150 million as the minority stake in Piramal Realty, which is Mumbai based real estate developer. Currently, Piramal Realty owns more than 10 million square feet of residential as well as commercial projects under development stage and they all are located […]

Tata Housing is about to invest Rs. 600 crore in the new projects at Bahadurgarh

One of the leading realty firm Tata Housing is planning to invest more than Rs. 600 crore for the development of new residential project at the Bahadurgarh, Haryana. For this particular residential project Tata Housing has tied up knot with the local real estate developer, who owns about 21.7 acres of land for the development […]

Godrej Properties are going to monetize commercial assets of worth Rs 2000 crore

India’s leading real estate firm Godrej Properties is going to monetize commercial assets of worth Rs 2000 crore in the period of next two to three years to reduce the debt. Apart from that now company is also planning to launch the 14 new projects in the current year to explore the more opportunities and […]

More than 50 per cent are not aware that their home is earthquake prove or not?

If someone will ask to you that your home have earthquake resistant or not? So what will be your answer? Still confused about answer? Well than you are not alone at all because there are many more like you, who don’t know that their home have earthquake resistant structure or not. According to recent survey, […]

Top most real estate developer of Kalyan moved to Bombay High Court

  A one of the Top most Real Estate Developer from Kalyan, Mumbai where construction is on its boom in recent years, has moved to Bombay High Court to get the permission to continue with few of the new residential and commercial projects . In present, Bombay HC has put the stay on all the […]