Bank of Baroda in talks to buy Central Bank’s housing finance arm
MUMBAI (INDIA): Looking to strengthen its position in the home loan segment, Bank of Baroda is in talks to buy a majority stake in Cent Bank Home Finance (CBHFL), the… Read more »
Monthly Archives: December 2016
DLF promoters get two offers for Rs 14,000 crore stake sale in rental biz
NEW DELHI (INDIA): Realty major DLF’s promoters have received offers from two big investors for selling their 40 per cent stake in rental business and expect to sign the deal,… Read more »
Parsvnath Developers raises Rs 200 crore via debentures; gives exit to JP Morgan
NEW DELHI (INDIA): Realty firm Parsvnath Developers has raised about Rs 200 crore through debentures for giving exit to global investment firm JP Morgan and its affiliates from its housing… Read more »
Demonetization: Immediate, long-term impact on real estate
By Kishor Pate Prime Minister of India Narendra Modi’s surprise move to remove Rs. 500 and Rs. 1000 currency notes from legal use came as a shocker to all Indians…. Read more »
Cherry-picking investment opportunities in Indian real estate
By Anuj Puri As different real estate asset classes continue to show differential growth patterns in India, having a clear vision of forthcoming trends becomes mind boggling, especially for investors…. Read more »
UK home sales solid in November, prices to rise in 2017: Rightmove
By Adela Suliman LONDON: Buoyant property sales in England and Wales in November show that the housing market has steadied after Britain’s decision to leave the European Union and asking… Read more »
Cement industry to see pick up in demand from next month
MUMBAI (INDIA): Domestic cement industry, which is facing demand constraints post demonetisation, may witness a pick up from January with likely normalcy in liquidity, says a report. “An abrupt decline… Read more »
DLF’s Q2 net debt jumps Rs 1,021 crore to Rs 23,140 crore
NEW DELHI (INDIA): Realty major DLF’s net debt has increased by 1,021 crore in the second quarter of this fiscal to Rs 23,140 crore as housing sales remained sluggish. According… Read more »
Farhan Akhtar, Shraddha Kapoor unveil AkzoNobel’s ‘Denim Drift’
NEW DELHI (INDIA): AkzoNobel, the leading global paints and coatings company and a major producer of specialty chemicals, as well as the makers of Dulux paints in India, declared ‘Denim… Read more »
CAT orders CCI to look afresh into allegations against DLF
NEW DELHI (INDIA): In fresh troubles for DLF, the Competition Appellate Tribunal (CAT) has ordered CCI to look afresh into allegations of the realty giant abusing its dominant position with… Read more »