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Private firms may invest $150 billion in infrastructure in India. India is envisaging an investment of $150 billion from the private sector over the next few years to develop the much-needed infrastructure projects, a top government official said. The government has also set a target to spend about $518 billion to build highways, roads, ports and sanitation facil |
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DLF plans to enter low-price home segment in India. DLF, India’s largest property firm, on Friday said it plans to enter the low-priced home segment, in live with what much of the real estate industry is already doing. A senior executive at DLF said the realtor did not have any immediate plan to mop up capital through equity route or to list DLF asse |
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Latest News A world class multi-purpose stadium A world class multi-purpose stadium is awaiting clearance from the Indian Olympic Association which is proposed to come up in Rajiv Gandhi Indoor Stadium at Kadavanthra and is estimated to cost around 25 crores. The existing infrastructure will either be expanded |
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US home sales rise : Washington, USA US home sales rise Washington Sales of previously owned US homes rose for a second straight month in May but were weaker than expected, adding to growing fears of an anemic economic recovery from a deep recession. The chief economist of the National Association of Realtors, which released |
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Metro Cash & Carry to tap real estate market : Bangalore Metro Cash & Carry to tap real estate market Bangalore German retail giant Metro Cash & Carry is floating a real estate joint venture with local developers for its store network across the country. Under this proposal, Metro will transfer its land bank into the JVs and sell a majority stake |
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DLF in talks with StanChart for $300 mln loan at 7% : New Delhi. DLF in talks with StanChart for $300 mln loan at 7% New Delhi India's largest real estate firm DLF is close to raising $300 million by way of a foreign currency loan at a rate significantly lower than what it would have to pay in the domestic market, a top company executive said. The com |
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Ozone township gets clearance from CMDA : Chennai. Ozone township gets clearance from CMDA : Chennai The Bangalore-based Ozone group is set to launch its 42-acre integrated township at Tirumangalam, equipped with approvals from the Chennai Metropolitan Development Authority (CMDA) and the state government. HDFC India Real Estate Fund and U |
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MHADA to sell forms for flats from August : Mumbai . MHADA to sell forms for flats from August ,Mumbai. The Maharashtra Housing & Area Development Authority (MHADA), which is coming up with 4,000 flats in December, plans to start selling the forms in August. Confirming the move, Krishna Hegde, Mumbai board member and city Congress spokesperso |
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Sobha in talks with PE firms for funds Sobha in talks with PE firms for funds Real estate major Sobha Developers is in talks with private equity players such as JP Morgan, Actis and IL&FS for selling stakes in some of its projects to raise much-needed fund for the development. The Bangalore-based firm is also planning a Qualified I |
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A Workd class Realestate Business in Kochi / Kerala. A world class multi-purpose stadium is awaiting clearance from the Indian Olympic Association which is proposed to come up in Rajiv Gandhi Indoor Stadium at Kadavanthra and is estimated to cost around 25 crores. The existing infrastructure will either be expanded and new olympic standard facilities |
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