User: divya_rrs Topic: Bombay
Category: Real Estate
Last updated: May 25 2018 07:23 IST RSS 2.0
 
21 to 40 of 42,387    
'Trump earned some income from real estate ventures in India in 2016' 17.5.2018 General News
US President Donald Trump received some income in the form of royalty from his real estate ventures in India, according to his latest annual financial disclosure form for the year 2016. Trump has listed assets of at least USD 1.4 billion and income of more than USD 452 million, according to the form, a copy of which was released by the US Office of Government Ethics yesterday. Trump submitted his discloser on Tuesday. As per the financial discloser form, Trump had two incomes from his India real estate ventures. Both the income has been put in category of royalties. Trump had an income in the range of USD 1 million-USD 5 million from DT Marks Worli LLC under a license deal with Jawala Real Estate Private Ltd and Lodha Developers Private Ltd. Notably the location of the deal has been mentioned as New York. Similarly, Trump had an income in a range of USD 100,000- USD 1 million from the DT Tower Kolkatta LLC under a license deal with Concast Infrastructure Pvt Ltd, Tribeca Creators LLC,
Also found in: [+]
Sahara failed to deposit money, Aamby Valley auction to continue: SC 17.5.2018 Sify Finance
The Supreme Court on Wednesday said the process for the auction of Sahara's Aamby Valley project in Maharashtra will continue after the group failed to deposit Rs 750 crore in the SEBI-Sahara Refund Account.
Also found in: [+]
Sahara failed to deposit money, Aamby Valley auction to continue: SC 16.5.2018 General News
The Supreme Court on Wednesday said the process for the auction of Sahara's Aamby Valley project in Maharashtra will continue after the group failed to deposit Rs 750 crore in the SEBI-Sahara Refund Account.
Also found in: [+]
Four Seasons bets big on luxury residential apartments in India 16.5.2018 Business Standard: News Now
Across the globe, residential projects of luxury hotels have been able to command a premium ranging from 15% to 50%
Also found in: [+]
One killed in fire at shoe factory in Palghar 16.5.2018 General News
A worker was killed when a fire broke out at a shoe factory in the district's Vasai township in the wee hours today, an official said. The blaze occurred around 4 am and gutted the entire shoe manufacturing unit located in an industrial estate in Sativali area, Vasai Virar Municipal Corporation's chief fire officer Dileep Palav said. A worker, identified as Javed (40), was sleeping inside the unit and was charred to death in the mishap, he said. He used to live near the unit but last night went to sleep in the factory apparently after having a tiff with his family members, the official said. Six fire tenders were pressed into service and the blaze was brought under control after four hours, Palav said. A short-circuit was suspected to have caused the fire, the official said. An investigation was on into the incident, he said, adding that the body was sent for postmortem.
Also found in: [+]
Weak market breadth 16.5.2018 General News
Recovery continued on the bourses in early afternoon trade as the key benchmark indices cut further losses after an intraday slide. At 12:22 IST, the barometer index, the S&P BSE Sensex, was down 115.38 points or 0.32% at 35,428.56. The Nifty 50 index was down 46.60 points or 0.43% at 10,755.25. Most realty stocks gained. Telecom stocks saw mixed trend. Domestic stocks were weighed by political uncertainty in Karnataka and negative Asian stocks.
Also found in: [+]
Indiabulls Real Estate surges 9% as board mulls share buyback 16.5.2018 Latest News
The stock surged 9% to Rs 202 in otherwise weak market after the company said its board will meet on Friday, May 18, 2018, to consider the proposal of buy-back of equity shares of the Company.
Also found in: [+]
Britannia Industries will be watched after Q4 results 16.5.2018 General News
On a consolidated basis, Britannia Industries' net profit increased 25% to Rs 264 crore on 13% increase in (comparable) revenue to Rs 2510 crore in Q4 March 2018 over Q4 March 2017. Profit from operations increased 29% to Rs 355 crore in Q4 March 2018 over Q4 March 2017. The result was announced after market hours yesterday, 15 May 2018.
Also found in: [+]
India's real estate sector limps back to life: Anarock Property C... 16.5.2018 DNA: Bangalore
India's real estate sector limps back to life: Anarock Property C...
Also found in: [+]
Sunteck Realty plans Rs 2,500 crore acquisitions in Mumbai 16.5.2018 DNA: Mumbai
As Real Estate (Regulation and Development) Act pushes the sector into consolidation, Sunteck Realty has earmarked Rs 2,500 crore to lap up projects across affordable, mid-range and luxury segments. The developer, which had earlier announced Rs 1,000 crore for acquisitions in affordable housing, will also be targeting projects in middle and luxury segments, with a corpus of Rs 1,000 crore and Rs 500 crore, respectively. All the projects will be within the Mumbai Metropolitan Region. "These investments would be from our own cash flows and there will not be any need to raise funds. We have a strong balance-sheet and almost negligible debt," Kamal Khetan, chairman and managing director of Sunteck Realty, told DNA Money. The company had a debt of around Rs 329 crore at the end of the third quarter of last fiscal, with a net debt-to-equity ratio of 0.13x. The Mumbai-based realtor, which has three verticals catering to various residential segments, will come out with a fourth vertical for affordable housing in ...
Also found in: [+]
Kalpataru wins CREDAI-MCHI Golden Pillar Award for its CSR initiatives 14.5.2018 Sify Finance
[India], May 14 (BusinessWireIndia): Kalpataru Limited, India's leading premium and luxury real estate developer won the prestigious CREDAI-MCHI Golden Pillar Award for the Best CSR Programme of
Also found in: [+]
Jaypee group's home buyers divided on promoter takeover bid for bankrupt Jaypee Infratech 14.5.2018 General News
A clear divide between home buyers of realty firm Jaypee Infratech has surfaced over the takeover bid made by the erstwhile promoters of the bankruptcy-hit firm. While two associations of home buyers wanted Manoj Gaur-led promoter group to take over the company and complete the unfinished housing units, nine different associations today came on a single platform to oppose any such move. Neither side, however, wanted the liquidation of Jaypee Infratech. Last week, Jaypee Infratech's lenders rejected the Rs 7,350 crore bid of Lakshwadeep, a joint venture between Sudhir Valia-led Suraksha Asset Reconstruction Company and Mumbai-based Dosti Realty, to acquire the company and complete all housing projects. The Jaypee promoter submitted a bid of over Rs 10,000 crore to revive Jaypee Infratech. Two associations -- Developers Township Property Owners Welfare Society and Aman Welfare Association -- said that Jaypee group flagship firm Jaiprakash Associates Ltd (JAL) should be given "a second ..
Also found in: [+]
Kalpataru wins CREDAI-MCHI Golden Pillar Award for its CSR initiatives 14.5.2018 General News
Kalpataru Limited, India's leading premium and luxury real estate developer won the prestigious CREDAI-MCHI Golden Pillar Award for the Best CSR Programme of the Year.The award recognises Kalpataru's contribution to further educational opportunities for children from society's less privileged sections, and its signature employee volunteering initiative - 'Sparsh' - which provides a platform for employees to contribute their time, skills and resources towards various community development activities.To support education of less privileged first generation learners, Kalpataru has set up Community Learning Centres and Study Classes which augment teaching at school, and Computer Learning Centres which provide access to basic computer education for free at their doorstep.These learning hubs provide safe and enabling environment for gaining knowledge, as well as holistic development through co-curricular activities.Kalpataru has helped create nine Mini Science Centres in various schools to .
Also found in: [+]
Housing sales up 25% during Apr in top 7 cities: ANAROCK 14.5.2018 General News
Housing sales increased by 25 per cent in the country's seven major cities in April to 1,726 units over the previous month, driven by the Delhi-NCR market which saw a sharp rise in demand, according to property consultant ANAROCK. Total housing sales stood at 1,382 units in March at seven major cities -- the National Capital Region (NCR), Mumbai Metropolitan Region (MMR), Kolkata, Chennai, Bengaluru, Hyderabad and Pune, it said. Barring Pune and Kolkata, the housing sales increased in all the cities during last month. "Buoyed by positive consumer sentiments and favourable policies, the Indian real estate sector is coming back on track. 2018 started on a positive note with the first quarter recording a q-o-q (quarter-on-quarter) increase in housing sales, and the momentum seems to be increasing," ANAROCK Chairman Anuj Puri said. April alone saw 25 per cent increase in sales across the cities, he added. ANAROCK said that the NCR market stole the show even on the sales front with a ...
Also found in: [+]
Godrej Properties cuts net debt by 19% in FY18 to Rs 2,846 cr 13.5.2018 General News
Realty firm Godrej Properties has cut its net debt by around Rs 650 crore during last fiscal on the back of strong sales bookings and also brought down average borrowing cost by one percentage point. According to an investors presentation, the net debt of Mumbai-based real estate developer has come down to Rs 2,846 crore as on March 31, 2018 from Rs 3,499 at the start of the last fiscal. The average borrowing cost stood at 7.8 per cent as on March 31, 2018 as against 8.8 per cent at the end of 2016-17. Net debt-equity ratio has also reduced to 1.27 from 1.75 during the period under review. Godrej Properties' sales bookings jumped over two-fold to Rs 5,083 crore during 2017-18 from Rs 2,020 crore in the previous fiscal. Godrej Properties said the 2017-18 fiscal was best year for business development. "Added 12 new projects with saleable area of 23.5 million sq ft in FY18. About 83 per cent of the area added in FY18 is in partnership with other developers. 100 per cent of new projects ..
Also found in: [+]
Enforcement Directorate books journo Upendra Rai, two associates for money laundering 12.5.2018 DNA: Money
The Enforcement Directorate (ED) registered a money-laundering case against journalist Upendra Rai and his two associates and carried out raids at three places in the National Capital Region on Friday. The agency found documents, including bank accounts details and minutes of meeting of central government departments. The ED raided Rai's Greater Kailash house and the residences of his two associates — Rahul Sharma and Sanjay Snehi. It said Sharma and Snehi allegedly assisted Rai in the crime. The agency registered the case on the basis of two FIRs filed by the CBI. Rai is in judicial custody after the CBI arrested him on charges of an alleged extortion of Rs 15 crore from Kapil Wadhawan, the owner of Dewan Housing Finance Limited (DHFL) company. The CBI had registered the case based on the statement of the owner of 18 real estate shell companies, Balvinder Singh Malhotra. It has been found that Malhotra along with his partner Mehul Anil Bavishi owns 18 shell companies and operates from three locations in ...
Also found in: [+]
Studying the realty index 11.5.2018 Hindu: Home
Anuj Puri on the logical way of interpreting real estate price corrections
Also found in: [+]
Mapping insolvency: Lenders of Jaypee Infratech reject Lakshadweep offer 10.5.2018 Latest News
Jaypee Infratech is one of the first 12 major insolvency cases that the RBI had directed banks to take to the NCLT under the IBC
Also found in: [+]
CPPIB, Allianz buy into Indian infrastructure trust set to list 9.5.2018 General News
MUMBAI (Reuters) - Canada Pension Plan Investment Board (CPPIB) and Allianz Capital Partner has agreed to take 55 percent of the units in an infrastructure investment trust backed by a subsidiary of Larsen & Toubro Ltd.
Also found in: [+]
Anand Piramal, Mukesh Ambani's future son-in-law 9.5.2018 Rediff: Top Stories (India)
The Harvard alum has known the Yale alum for ages, but hit it off recently.
Also found in: [+]
21 to 40 of 42,387