The company plans to raise Rs 750 crore; other realtors may follow.
After a long time, real estate companies could hit the fund-raising trail. The reason is improvement in investor sentiment.
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Chairman Anand Mahindra spoke to Business Standard on affordable housing.
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.
Investors will get the money directly in their demat accounts or through their brokers. They won't get physical delivery any more.
Oberoi Relaty expect 20-25 per cent premium for tis residential project.
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
According to Section 80D, the premium paid for medical insurance is deductible from your income up to Rs 15,000 a year
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.
Critical illness plans can be bought both as a benefit cover and an indemnity cover, say experts.
The recent default on deposit payments by a couple of Yash Birla Group companies has brought to surface difficulties an investor has to face in recovering his money.
It might be a cheaper option, but lack of clarity is choking its growth
GVK Skycity's 20-million sq ft commercial space will be bigger than that in BKC; bids invited for first phase.
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