Real estate companies betting big on tier II and tier III markets sold more stock than firms focused on metros.
Fortis Healthcare Holding Ltd on Thursday announced a medicity in Lucknow spread across 52 acres in a township being developed by Ansal Properties & Infrastructure.
The Sushil Ansal-promoted Ansal Properties & Infrastructure has been allotted 2,504 acre land adjoining Greater Noida for setting up a Rs 20,000 crore (Rs 200 billion) integrated township
Realty player retains dominant position, thanks to its enviable land bank.
Ansal has received bookings for 1.66 million sq ft of space in January.
Ansal Properties on Wednesday formed a joint venture with Malaysian healthcare facilities management company Faber Group Behad.
Mutual funds bought metal, media, telecom, engineering, and pharma stocks in December
After Anil Ambani's proposed special economic zone and land allotments in Noida, all big-ticket real estate projects are being reviewed by the Mayawati government in Uttar Pradesh.
Move aimed at reducing tax exemptions ahead of Budget 2008-09.
The company, which had last year said it was aiming for the FPO in early 2008, is believed to be waiting for the 'right time' for the launch and studying the possibility of raising $250-300 million from international private equity firm(s).
Real estate firm Ansal Properties and Infrastructure Ltd plans to invest Rs 30,000 crore (Rs 300 billion) to develop 16 townships in north India during next 3-4 years.
If you are already invested in real estate stocks, you've made your money, exit
Nearly 40 developers participating in HDFC Indian Homes Fair in London would showcase thousands of property.
Look at those offering 100-300 bps more and have good rating; it will improve your portfolio's returns.
Beat gains made by mid-cap, broader indices.
Experts attribute this to new launches in anticipation of a demand revival after the 2014 general elections.