Move to accelerate investments; Japan to have a share in corpus
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Chairman Anand Mahindra spoke to Business Standard on affordable housing.
The realty market has been reeling under declining sales, coupled with higher inventory, for the past two years.
The company is not holding plans for clarity on policy.
Real estate firms like DLF, Prestige, Phoenix Mills to benefit.
Early last year, the company had said it aimed to reduce its debt, which stood over Rs 21,000 crore then, to Rs 10,000-11,000 crore (Rs 100-110 billion) through the sale of non-core assets and improved cash flows.
Experts say with a stable government, things will start improving but the impact might be visible only after six-12 months.
Senior government officials said the company would be allowed a harmonious exit.
Oberoi Relaty expect 20-25 per cent premium for tis residential project.
Shift to new business model to help companies cut capital cost, increase margins.
Supertech also plans to file an SLP in the Supreme Court.
In October 2012, Flipkart entered the menswear segment; later it launched a womenswear range
Move to improve transparency but make liquidity more difficult to come by
Many likely to be in trouble if restive consumers also petition the courts.
Local traders are evaluating other options rather in FDI.
The store launches same-day delivery for its site, though analysts say others have eroded its headstart in the brick and mortar format.
Consultants said the fact that Oberoi had no debt on its books and Kalpataru had low debt helped the two in the slow realty market.
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The land parcel is located in South Mumbai's Tardeo neighbourhood and has a total area of 4,300 square metres (46,268 sq ft).
E-commerce model appears to be the best bet available to US retail giants at this point to tap the Indian market.
Home seekers demand has exceeded supply and hence there is a possibility of rentals going up by atleast 10 percent.
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