Lal Singh Rawat's (luckyrawat) Blog

  After The affordable car Nano and no-frills hotel chain Ginger, it is now time for low-cost homes starting at under Rs. 41akh from the House of Tatas.   The Tatas have entered untapped low-cost housing with ambitious growth plans, perhaps inspired by management guru C.K. Prahalad, the author of...

  PLAN TO USE PROCEEDS TO HALVE REALTOR'S DEBT   After infusing Rs 3,860 crore into DLF Assets Ltd (DAL) by selling a 9.9 per cent stake in realty major DLF to institutional investors this morning, promoters K P Singh and family plan to list the real estate investment trust in the next 18 to 24 m...

  EARLY SIGNS of deal-making in apartments during the first quarter of 2009 show a possible revival of demand in the real estate sector, say some analysts. A study conducted by real estate research firm Prop Equity in Mumbai, Bangalore, Chennai, Hyderabad and Gurgaon says absorption has been high...

  FUNDS TO BE USED TO PAY OFF DAL'S 4.9K CR OUTSTANDINGS TO DLF   Billionaire KP Singh and family, the promoters of India's largest real estate company DLF, are close to finalising a deal with some foreign and domestic institutional investors that might fetch them around Rs 3000 cr, said people f...

  Real estate companies are on a roll on the bourses. In less than two months since the BSE sensex saw its 2009 bottom on March 9, price of six realty stocks on the BSE have more than doubled (see table) while price of 26 stocks have gained over 50% during the same period. Compared to this, the B...

BS REPORTER Mumbai, 1 May DLF, the country's largest real estate developer, plans to launch more mid-income housing projects in Kochi, Bangalore and Hyderabad, among other cities, and divest stakes in some hotel projects to generate liquidity in the current fiscal, a top company official has said...

  IN LINE with its stated strategy of selling hotel projects to raise cash, DLF is close to divesting 50% stake in its soon-to-be-opened 120-room hotel at Saket, New Delhi for around Rs 75 crore to a wealthy individual, people familiar with the matter said. Less than a month ago, the real estate ...

  REALTY MFS HIT A RATING BLOCK   A year after the market regulator, the Securities and Exchange Board of India (Sebi), cleared the deck for real estate mutual funds, some players are showing interest, but the market may have to wait longer for the first realty fund in the absence of independent ...

  Market downturn appears to be hitting even CP, with rentals taking a nosedive,   Robert Tor Russell, is remembered for his most accomplished work, the great circus of Connaught Place. Well, today, his creation has fallen on bad days, thanks primarily due to the market downturn, as demand for co...

  Major construction-related stocks led by realty giant DLF, Jaiprakash Associates, HDIL, IVRCL Infra and Indiabulls Real Estate helped increase investor wealth by $1.5 billion as around 50 shares representing the sector rose by an average 4.7% on Thursday as the benchmark index rescaled 10000 pe...