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Embassy Property Developments plans Rs 2400 crore IPO

Others

A real estate firm Embassy Property Developments is planning a public issue of Rs 2400 crore for financing its various realty projects. It has filed Draft Red Herring Prospectus (DRHP) with the market regulator SEBI. The company is also going to consider a pre-IPO placement of Rs 1175 crore worth....

Posted on:- 7/19/2010 6:40:49 PM

Delhi top destination for end users looking to purchase flats

The Economic Times

Delhi is the most popular place to buy a property, according to a survey. The report reveals that 34% of those surveyed want to purchase a flat in Delhi, followed by 28% plugging for Mumbai and 11% each opting for Bangalore and Hyderabad. The survey also reveals that the realty sector in 2010 is goi....

Posted on:- 7/19/2010 6:40:37 PM

Will upcoming real estate IPOs succeed?

The Economic Times

"Although media reports, vis-à-vis real estate IPOs have not been positive, yet, offerings have been subscribed and new ones are in the pipeline," says realtor Bharat Malik. The Indian investment market will not blindly put money in real estate IPOs anymore and this is because there are issues that ....

Posted on:- 7/19/2010 6:40:26 PM

‘Home prices at pre-slowdown peaks’

Others

Mumbai Leading home-loans lender, HDFC, feels that residential real estate prices in the country are hitting the peak levels observed pre-slowdown. "There is an improved economic sentiment and developers have started charging premiums as land prices have also suddenly started going up...prices ar....

Posted on:- 7/19/2010 6:40:11 PM

Property prices in Asia on the rise

Others

It can be said without doubt that the seeds of the global crisis were laid in the property market in the US. Once that bubble burst, the rest they say is history. The impact was so huge that the ripples of the same were felt across the globe. It has been more than a year since the crisis deepened....

Posted on:- 7/19/2010 6:39:57 PM