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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.

Unitech Q1 profit plummets 91% on losses in telecom biz

Last Updated: Wednesday, August 13, 2014, 19:21

Realty firm Unitech on Wednesday reported 91 percent decline in its consolidated net profit at Rs 5.56 crore for the quarter ended June as the company booked losses of nearly Rs 1,000 crore in erstwhile telecom business.

DLF eyes Rs 200cr annual rent from 'Mall of India' in Noida

Last Updated: Sunday, August 03, 2014, 13:14

The company is expecting an annual rental income of Rs 200 crore from Mall of India in Noida, sources said.

Tata Housing forms JV for 3-acre project in Kolkata

Last Updated: Wednesday, July 30, 2014, 19:11

Tata Housing said it has been utilising this opportunity to strengthen land bank to create ultra-luxury projects across prime locations in major metros across the country.

Tata Capital PE fund pumps $80 mn in Shriram Properties

Last Updated: Wednesday, July 16, 2014, 19:53

A private equity fund owned by Tata Capital on Wednesday said it has invested USD 80 million (about Rs 468 crore) in South India-focussed realty firm, Shriram Properties.

DLF plans to raise Rs 3,500 cr via securities

Last Updated: Tuesday, July 15, 2014, 14:54

In May, DLF had launched the country's first Commercial Mortgage Backed Securities to raise Rs 525 crore against a shopping mall 'DLF Emporio' in the national capital.

Parsvnath plans to sell Rs 1000 cr land parcels or form JVs

Last Updated: Tuesday, June 24, 2014, 19:12

Parsvnath has completed 54 projects and it is currently working on 49 projects with a total area of 72 million sq ft.

Omaxe's gross debt reduced by 42% in 5 years

Last Updated: Tuesday, June 24, 2014, 18:48

In the last 5 years, the company has seen its debt-equity ratio coming down by close to 60 percent from 1.15 in FY'10 to 0.48 in FY'14.

DLF to raise Rs 3,500 crore

Last Updated: Friday, May 30, 2014, 19:34

Realty giant DLF plans to raise upto Rs 3,500 crore this fiscal through issue of securities backed by commercial assets.

DLF sales bookings up 7% in FY'14 to Rs 4070cr

Last Updated: Friday, May 30, 2014, 15:04

DLF's sales booking increased to Rs 4,070 crore in 2013-14 fiscal against Rs 3,815 crore in the previous year, amid slowdown in demand.

DLF shares gain 4% post earnings

Last Updated: Friday, May 30, 2014, 12:49

Making a turnaround, DLF had on Thursday reported a consolidated net profit of Rs 219.68 crore for the quarter ended March 2014.

Unitech posts Rs 51.55 cr loss in Q4; sales up 22%

Last Updated: Wednesday, May 28, 2014, 22:52

Realty firm Unitech on Wednesday reported Rs 51.55 crore consolidated loss for the quarter ended March, dragged down by the provision to write off Rs 103.02 crore investment in its erstwhile telecom business.