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High lending rates may lead to slump in realty market: DLF High lending rates, triggered by India's central bank, the Reserve Bank of India's (RBI) tight monetary policy may lead to a slump in the realty market, the chairman of India's top real estate developer, DLF, has warned. 30 Sep 2007
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Real estate major Parsvnath to build $650 million township in Chandigarh Real estate developer Parsvnath, India's fourth largest developer in terms of market capitalization, has announced that it will invest $650 million (Rs. 2600 crore) in a high-end integrated township project in Chandigarh – PRIDEASIA - which it bagged from Chandigarh Housing Board (CHB) last year, outbidding others, including real estate giant DLF. 02 Sep 2007
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Real estate major Parsvnath to foray into telecom biz A first time ever, real estate major Parsvnath Developers, India's fourth largest developer in terms of market capitalization, has announced its foray into the telecom sector with an estimated investment of nearly $1.5 billion. 28 Aug 2007
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DLF share price surges on opening day Real estate major DLF Ltd.'s shares debuted at Rs. 582, almost 11 percent above the issue price of Rs. 525, on the Bombay Stock Exchange (BSE), July 5, making promoter and chairman Kushal Pal Singh the fourth richest Indian. 05 Jul 2007
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US real estate developer to invest $6 billion for hotels in India US-based real estate developer Royal Indian Raj International Corporation (RIRIC) has announced that it will invest $6 billion dollars in India over the next 7 years to develop hotels and residential resorts. 12 May 2007
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Indian realty mart estimated at $60 billion by 2010 The market for real estate in India will grow five-fold to $60 billion by 2010 and $90 billion by 2015, the Dubai-based organizers of a major realty fair in the capital has announced. 17 Apr 2007
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DLF puts off $ 3 billion IPO India's leading real estate company, DLF Universal Ltd. is withdrawing its draft initial public offer (IPO) prospectus, stating that the delay was due to getting clearance over minority shareholder issue and because the prospectus had become outdated. 05 Sep 2006
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Hike in loan rates not to affect realty market Analysts have allayed fears that RBI's call for short term rate hike which in turn will pressurize commercial banks to raise their prime lending rates (PLRs), will lead to a slump in the country's present booming real estate sector. 28 Aug 2006
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Ansal API posts high rise income of 87 percent in Q1 2006-07 Ansal Properties & Infrastructure Ltd. (APIL), the flagship Company of the Ansal API Group and a leading real estate developer in India, has announced a vastly improved financial performance during the first quarter ending June 30, 2006 of the current financial year 2006-07 on a stand alone basis. 17 Aug 2006
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Kotak eyes realty market, to raise Rs. 2000 crore The Kotak group, which is planning to foray into the booming Indian realty market, has announced its plans of raising Rs. 2,000 crore. 17 Aug 2006
