News articles tagged Real Estate Firms

Land Acquisition Bill, No Consensus Reached

The all-party meet failed to reach a consensus on the land acquisition bill, impacting farmers awaiting compensation and delaying infrastructure projects. Opposition parties strongly opposed the bill, despite government efforts to expedite its passage for economic boost.

DLF to raise Rs.2100 Cr via institutional placement program

DLF to raise Rs.2100 Cr via Institutional Placement Program to reduce debt and meet SEBI's 25% public shareholding norm.

RBI Can Let Realty Firms Run Banks; Finance Ministry

Finance Ministry proposes that real estate firms and brokers be permitted to operate banks, with regulations to prevent conflicts of interest and mitigate risks.

Sahara Real Estate Firms Granted More Time to Refund

The Supreme Court granted Sahara Real Estate Firms an extension to pay their fine, directing SEBI to accept the application. The firms were initially ordered to refund money collected through debentures to investors.

No bar on Real Estate Sector from applying for UASL.

A prosecution witness in the 2G spectrum case testified that real estate firms were not barred from applying for UAS licenses, and Parsvnath Developers' application was rejected.

Real Estate Sops can’t impress Firms.

India's finance minister relaxes borrowing norms for real estate firms and extends loan subsidy for affordable housing, but industry leaders deem it insufficient.

Builders Losing on Projects Due to Falling ROI

Mangalore real estate firms commit to booking prices despite rising costs and dipping ROI.

Prospectus for 513 million dollars filed by Realty Firms

Embassy Property Developers plans to raise $513 million through an IPO, according to their filed prospectus. Pre-IPO placement and retail investor discounts are also being considered.

RBI Changes Norms Regarding ECBs

RBI & DIPP to regulate Real Estate Firms' access to External Commercial Borrowings (ECBs) with stricter norms, citing misuse concerns.

Commercial Realty unable to seek Buyers

Commercial real estate faces dwindling demand, impacting lending. Oversupply and low occupancy rates make banks cautious, impacting developers seeking funding.

Loans set to get costlier

RBI considers increasing risk weight on commercial real estate loans by up to 200 basis points to prevent a market bubble, potentially impacting real estate firms.

US Housing crisis melts Indian Realty valuations.

The Indian real estate sector faces significant valuation declines, with firms trading at steep discounts to their net asset values amid global economic turmoil.