The India’s largest real estate company DLF Ltd expects to pare its debt burden of over Rs. 22,500 Crore to less than half in the next 2 years.
As part of the strategy to bring down its total debt to about Rs. 10,000 Crore by the year 2013, the Company is closing in on a fe…
SBI : Abolishes Fine On Pre- payment of Home Loan
India's largest lender SBI (State Bank of India) has decided to abolish pre payment penalty on housing loans. SBI's Senior officials,'' SBI have decided to do away with the pre payment charges on floating and fixed rate home loans with effective November 21,…
Tamilnadu: New Guideline value in January , 2012
The Tamilnadu government had lost stamp duty because of the long gaps between revisions of guideline values. The last revision was in 2007, when the guideline values fixed in 2006 were notified. The latest revision comes a full 5 years after the last assessment of guideline…
Ajnara India signs actresses Kangna Ranaut as brand ambassador
Real estate company Ajnara India has signed Bollywood actresses Kangna Ranaut as brand ambassador.
Kangna Ranaut would now be the face of Ajnara India & would be endorsing all the brand. Mr. Vineet Gupta, Director, Ajnara India said, “Ajnara is a brand which offers affo…
State Bank of India: Finally Abolishes penalty on pre payment of home loan
India's largest bank, SBI (State Bank of India) has decided to abolish pre payment penalty on housing loans.
According to SBI Senior officials,'' We have decided to do away with the pre payment charges on all kinds of home loans (floating and fixed rates) with e…
Indian Real Estate shares – Intraday Tips For 28 November 2011
Recommendations for 28 (Monday) November 2011 Scrip Trigger Price Stop Loss Target 1 Target 2 DLF BUY ABOVE 205.75 203.90 208.00 211.15 SELL BELOW 201.70 203.50 199.45 196.45 Scrip Trigger Price Stop Loss Target 1 Target 2
Motilal Oswal Launch MOST 10 year Gilt Fund
Motilal Oswal AMC (Asset Management Company) has unveiled Motilal Oswal Most 10-Year Gilt Fund (MOST10. This is an open-ended debt mutual fund scheme that will invest in government securities. The fund invests 90% to 100% of the money in 10-year benchmark government securit…
Chennai residential real estate: 2011 - 2015 grow CAGR 11%
Chennai residential real estate market has witnessed a strong upward movement in terms of capital values. Kalpana Murthy, Associate Director (Residential Services),Cushman & Wakefield India said,'' All segments and locations within the main city of Chennai were…
Chennai residential real estate sees 100 new projects in 2011
The capital city of Tamilnadu, Chennai residential real estate market has witnessed a strong upward movement in terms of capital values over the previous year.
Cushman & Wakefield said,'' The highest capital appreciation in Chennai was witnessed in Adyar & P…
Hinduja Realty Ventures : Plans IPO
The real estate company of the Hinduja Group, Hinduja Realty Ventures (HRV), is expected to go in for IPO (Initial Public Offering) in the next 12 months. Mr. Abin K Das, Director, Hinduja Group India said, “We are considering listing the realty arm over the next 12 months…
