Property Expo Chennai: May 26, 27, 2012

One mega real estate exhibition held in Chennai at May 26, 27, 2012. It organised by  Tamil Nadu Land and Property Promoters Association (Tnlppassociation -தமிழ்நாடு நில வீட்டுமனை விற்பனையாளர் நல சங்கம் )  mega real estate exhibition in Chennai. Date. May 26, 27, 2012 ( Sat…

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Prompt Property Festival: May 25 to 27, 2012 on Chennai

Chennai based Prompt Trade Fairs (I) Ltd  provides unique opportunity to meet the leading Builders & Flat Promoters to develop partnerships and obtain the latest trends in the property market. It will be held at Chennai Trade Centre, Chennai being organized by Prompt P…

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Share Review DLF : Target Price Rs. 264

Goldman Sachs has rated share of DLF Ltd a ‘buy’ with a price target of Rs. 264 following reports that the property developer is in advanced talks with developers to sell its Lower Parel land. “We believe a selling price of Rs. 2900  crore will imply a debt reduction of nea…

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Share Review Tata Global : Target Price Rs. 136.

Tata Global is set to announce its 4Q FY 2012 results. We expect the company’s consolidated top line to grow by 6.6 % y o y (year on year) to Rs. 1,660  crore. OPM is expected to grow by 3.43% y o y to 11.7 %, aided by focus on branded products. Net profit is expected to gr…

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Share Review Tech Mahindra : Target Price Rs. 750

Tech Mahindra is slated to report its 4Q FY 2012 results. We expect the company to record 0.4% q o q (Quater on quater)  growth in dollar revenue to US $ 29 crore, majorly led by volume growth. Revenue from BT account is expected to decline by 2% q o q and non-BT business i…

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Share Review Ashoka Buildcon : Target Price Rs.273

For 4Q FY 2012, on a consolidated basis, Ashoka Buildcon (ABL) reported a decent set of numbers (adjusting for impact of change in accounting policy in 4Q FY2 011). Order book as of 4Q FY 2012 stood at Rs. 4,967 crore (3.9x FY2012 E&C revenue), providing revenue visibil…

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Delay In Sanctioning Projects: Real Estate Developers Plan Strike

Developers in pan India may go on strike in October (2012) if the central government does not listen to their demands. The chairman of the Mangalore chapter of  CREDAI (Confederation of Real Estate Developers’ Association of India), Mr. P M A Razak, said. Mr. Razak said, ‘’…

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Dubai Tameer's Princess Tower : Enters Guinness World Records

The Dubai Marina development stands a staggering 107 storeys tall & encompasses 6 basement floors, one ground floor, 100 above ground levels &  8 retail stores. The tower occupies a land area of about  37,410 square feet, housing 763 luxury apartments, including on…

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Mallika Srinivasan, Cyrus Mistry on Tata Steel board

Tata Steel has appointed Mrs. Mallika Srinivasan and Mr. Cyrus Pallonji Mistry as additional directors on the board with immediate effect. Mr. Cyrus Mistry is the Deputy chairman, Tata Sons Limited. Mrs.Mallika Srinivasan, Chairman, TAFE (Tractors & Farm Equipment Limit…

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Seetharaman, Doha Bank Conferred with Honorary Doctorate

Mr. R. Seetharaman, CEO, Doha Bank was endowed with the honorary doctorate on 20th May 2012 during the 229th commencement function of Washington College. Mr. R. Seetharaman while accepting the Doctorate title thanked the Washington college management & also congratulate…

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