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Emaar’s Indian property unit plans to raise US$800 million (Dh2.93 billion) through a share sale that it was forced to shelve last year because of tumbling global stock markets.
Emaar MGF, the Indian subsidiary of Emaar Properties, has filed the initial documents required for its planned initial public offering (IPO) to the Securities and Exchange Board of India, the company said in a statement to the Dubai Financial Market.
IDBI to cut home loan rates but freefall in Indian interest rates has come to and end.
A draft bill on the much-awaited real estate regulator that will protect the interest of home buyers by ensuring a transparent and healthy Indian real estate sector has drawn the ire of developers. (more…)
It’s perhaps the best time to look around for a value buy in real estate reports Neha Dewan, ET Bureau. With lower price points in locations which were not earlier within reach, Indian buyers are scouting for good ‘value’ bargains at this time. (more…)
Indian home buyers will now know if the land on which their building stands is free of outside claims after a recent Reserve Bank of India (RBI) circular mandating builders mortgaging the land to raise money to disclose it in all advertisements and brochures. (more…)
Quinn group, the leading business conglomerate from Ireland, announced the unveiling of Q-City, a Class-A commercial building, in Hyderabad, which sets a new benchmark in quality commercial real estate. (more…)
HUNDREDS of Britons may lose their holiday homes and life savings in the Indian tropical paradise of Goa after falling foul of changes in local laws and scams by builders and lawyers. (more…)
DLF, the India’s largest property developer, will soon conduct a poll among Indian 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. (more…)
The Indian real estate is expected to enter the recovery phase by end-this year and macro-economic and sector-specific factors will act as catalysts in this recovery, a leading real estate consultancy said. (more…)
