Between Kotak, Shapoorji and HDFC, fund managers have raised $700 million from investors
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The year so far has witnessed several luxury project launches by major real estate companies such as DLF, Unitech, Supertech, Tata Housing and Godrej Properties.
Developers announce new projects, vacant land being unlocked
Approaches Morgan Stanley, GIC and Blackstone
Property markets in Uttarakhand and Himachal Pradesh, which have had a dream run in recent years, are set to face a downturn.
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Globally, the company intends to cut expenses by $7.8 billion by 2014.
Since debuting in India in October 2012, the company has opened 15 Starbucks stores across Mumbai and Delhi.
The FY13 fourth quarter (Q4) earnings, however, fell short of analysts' expectation, as debt was still high at Rs 21,730 crore (Rs 217.3 billion), with much of the targeted non-core sales done.
Realty plans hit roadblock; delay could hit modernisation
The group was originally planning to raise a $100-million (around Rs 560 crore today) offshore fund but is now targetting $200 million, said Amit Goenka, managing director and chief executive of Essel Financial Services, the group's financial services arm.
With projects ranging from affordable to premium, Tata Housing Development Co Ltd says it expects to be among the top three real estate entities in the next five years.
Experts attribute this to economy slowdown and political uncertainty with the general elections round the corner.
Thomas Cook, which is looking to shift its offices to one of the places such as Lower Parel, Dadar, Bandra Kurla Complex or Andheri, is likely to take a decision in the next three to four months.
Prime property rates in South Mumbai at Rs 60,000 a sq ft remain high despite a slowing realty market.
A farmhouse colony would be a cluster of 20-30 farmhouses, each with an area of 1-2.5 acres, spread over at least 100 acres.
Developers and consultants said even buyers have not been showing much enthusiasm in booking properties, due to high prices and the overall lacklustre economic environment.
Bank issues public notice with photograph in Reid & Taylor default case.
The project will have 28 floors, with 324 apartments spread over 16 acres, and is likely to be announced in the next one or two months
To join 'Big Bazaar Profit Club', a customer has to pay Rs 10,000, after which he can shop for Rs 1,000 a month for 12 months.
Costs on the outskirts soar 50-100% through past year
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