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DLF to pare debt to Rs 12,000-14,000 cr by FY17

DLF to pare debt to Rs 12,000-14,000 cr by FY17

Last Updated: Wednesday, August 20, 2014, 18:58

Realty major DLF plans to reduce its debt to Rs 12,000-14,000 crore by FY17 through asset monetisation and increasing cash-flows from sales.

Mall vacancy marginally dips to 14.47% of total area in Q2

Mall vacancy marginally dips to 14.47% of total area in Q2

Last Updated: Tuesday, August 19, 2014, 20:19

During April-June quarter of 2013, the overall vacancy levels in malls in these eight cities cities was at 15.04 percent of the total space available at that time.

China property prices witness sharp decline; dips for 3rd straight month in July

Last Updated: Tuesday, August 19, 2014, 10:27

China's property prices slid for a third straight month in July, but shares in property developers -- many of which are index heavyweights evinced no particular reaction.

Indians top investor in Dubai's real estate market

Last Updated: Sunday, August 17, 2014, 19:22

Indians have been ranked first among foreign investors in Dubai's real estate sector, making a total of 4,417 transactions worth nearly USD 3 billion in the first half of the year, according to an official report.

'USD 2 trillion needed by 2022 to provide housing for all'

Last Updated: Wednesday, August 13, 2014, 19:25

Investments to the tune of more than USD 2 trillion would be required by 2022 to create a stock of over 110 million housing units and achieve the target of "housing for all", an industry official said here on Wednesday.

Donald Trump launches Trump Tower in Mumbai

Last Updated: Wednesday, August 13, 2014, 12:04

Trump has entered into a licensing pact with Lodha for Trump Tower in Mumbai, a luxury residential tower that will offer its residents indoor jacuzzi tubs and world-class concierge services.

Donald Trump plans investment in India betting on Modi government

Last Updated: Wednesday, August 13, 2014, 00:16

American real estate mogul Donald Trump is planning "substantial investments" in the Indian property and hotel sectors, betting on Prime Minister Narendra Modi-led new government`s efforts to revive the economic growth and boost infrastructure.

Will real estate investment trusts go the right way?

Last Updated: Tuesday, August 12, 2014, 17:30

REITs may well prove to be a game changer for the real estate sector.

Assets worth up to USD 12 bn likely to be listed under REITs

Last Updated: Monday, August 11, 2014, 20:15

With Sebi clearing the final guidelines for creation of Real Estate Investment Trusts (REITs), assets worth around USD 12 billion are likely to be listed in the next 2-3 years, according to industry experts.

NCDRC asks construction firm to pay over Rs 1 crore to doctor

Last Updated: Monday, August 11, 2014, 18:02

The apex consumer commission has asked a real estate company to pay over Rs one crore to a doctor for its failure to give him possession of an apartment, saying that it was making profits at the expense of others.

Realtors keep off govt's low-cost housing bus on low returns

Last Updated: Sunday, August 10, 2014, 17:28

The government's vision of "housing for all by 2022" may turn out to be an uphill task with developers keeping off low-cost housing projects citing regulatory hurdles, high land cost and low returns making such projects "unaffordable".

SEBI approves establishing REITs

Last Updated: Sunday, August 10, 2014, 17:13

The Securities and Exchange Board of India (SEBI) on Sunday approved the setting up of real estate investment trusts (REITs), a move that may offer a new source of financing to India`s cash-strapped property developers.