Indiabulls Real Estate through its wholly-owned subsidiary — Loon Land Development — has entered into definitive agreement to acquire a land parcel / development rights on around 140 acre land, situated at Sector 79, Manesar, Gurugram, for development of integrated township and commercial building. Indiabulls Real Estate is India’s third largest real estate company, with … Read more
The protestors, carrying placards and shouting slogans, had gathered at Galle face grounds and later blocked few roads in the city to press for their demands. The workers coming from Nuwara Eliya, Badulla and several other estates are demanding that their basic daily wage be increased from existing 530 to 1000 Sri lankan rupees. The … Read more
Indiabulls Real Estate is proposing to issue Secured, Redeemable, Non-Convertible Debentures (NCDs) of face value Rs 10 lakh each aggregating up to Rs 1,000 crore, on a private placement basis. The tenor will be up to 36 months. Indiabulls Real Estate is India’s third largest real estate company, with its focus on construction and development … Read more
Indiabulls Real Estate’s wholly owned subsidiary — Yashita Buildcon has taken over the possession of the prime and newly constructed commercial building at Gurugram on October 04, 2018. Indiabulls Real Estate is India’s third largest real estate company, with its focus on construction and development of residential, commercial and SEZ projects across major Indian metros. … Read more
Earlier this week, President Ram Nath Kovind gave his assent to promulgate the Insolvency and Bankruptcy Code (Amendment) Ordinance, 2018, which allows home buyers to be recognised as financial creditors under the insolvency proceedings. Jaitley said the changes brought about through the Ordinance will help in formalising the real estate sector. “Sound and structured real … Read more
19/8/2018 – Vietnamese asset management firm VinaCapital is investing US$10 million in Ricons Construction Investment JSC, a subsidiary of the country’s leading developer Cotec Construction Joint Stock Company (CotecCons). Fundings for the investment was made through its London Stock Exchange-listed Vietnam Opportunity Fund (VOF) and VinaCapital said, “this investment is consistent with our strategy of … Read more
22/1/2018 – Singapore’s property portal 99.co announced that it has acquired UrbanIndo, one of the largest real estate platform in Indonesia for an undisclosed sum. The acquisition will see 99.co gain a bigger foothold in Indonesia as it adds UrbanIndo’s 1.2 million active property listings in Indonesia to its existing 150,000 active home listings in … Read more
