News from other websites on Oberoi Realty
Bombay HC quashes arbitration award in Tulip Hotel case
May 14, 2013 at 01:01 | Source: DNA India
In a judgment that might clear the way for the land development in Tulip Star property, the Bombay High Court has set aside an arbitration award which had held that the agreement between Siddhivinayak Realties and V Hotels stood terminated. Siddhivi...
We are looking to enter new markets with small investment: Vikas Oberoi
May 10, 2013 at 22:47 | Source: The Hindu BusinessLine
Vikas Oberoi, Chairman and Managing Director, Oberoi Realty, is of the opinion that realty majors can look at affordable housing as a viable option only if the Government is able to provide land at cheaper rates. Seeking government intervention to i...
Markets end in red on hawkish RBI; new HTM level spooks banks
May 03, 2013 at 16:17 | Source: FirstPost
The Indian equity markets ended down nearly 1 percent after a volatile sessionas the Reserve Bank of India's deeply hawkish statement heightened concerns about further policy easing.The Sensex ended down 0.8 percent at 19,577.73 and the Nifty 0.93 pe...
Rate cut effect: Markets recover but bank, realty stocks slump
May 03, 2013 at 12:17 | Source: FirstPost
The much-awaited RBI policy review although cut repo rates by 25 basis points, it's only a half measure since it retained the Cash Reserve Ratio at 4 percent. This hasn't made the investors very happy who had already factored in the 25 basis cut. Mor...
Mumbai builders look to NCR as land prices shoot up in home city
Apr 30, 2013 at 15:01 | Source: FirstPost
The astronomical surge in Mumbai's land prices which is causing development costs to shoot up is now forcing several Mumbai-based companies to test the waters in the North.According to a CNBC-TV18 report, mid-cap companies like Oberoi Realty, Godrej ...
Share sales to meet holding norm set by Sebi; secondary market may face severe fund crunch
Apr 30, 2013 at 05:16 | Source: Economic Times
MUMBAI: A deluge of new shares, some from marquee companies, could flood the market in the coming weeks with the time given to raise public holding to 25% ending in June. Some companies may seek an extension, but many will have to comply. This has i...
Timing and size of acquisition have worked for us, says Oberoi Realty CFO
Apr 27, 2013 at 23:46 | Source: The Hindu BusinessLine
Oberoi Realty’s Chief Financial Officer Saumil Daru believes that the best way to run a real estate business is to keep things simple and ride out the storm. He should know, having steered the company through an industry-wide slowdown to post ...
Oberoi Realty looking to enter new markets
Apr 22, 2013 at 22:02 | Source: The Hindu BusinessLine
Mumbai, April 22: Mumbai-based developer Oberoi Realty has decided to invest in a residential project in NCR with a small ticket size investment of up to Rs 200 crore. Besides this, it also plans to evaluate acquisitions in markets such as Hyderabad...
Apr 19, 2013 at 23:46 | Source: The Hindu BusinessLine
Mumbai, Apr 19: Oberoi Realty today reported flat growth in net profit in the March quarter at Rs 145.2 crore against Rs 143.6 crore a year ago. The city-based builder said its sales volume stood at 1.18 lakh sq.ft as against 1.76 lakh sq.ft a year ...
Maintenance fee for premium apartments hits Rs 1 lakh a month
Apr 18, 2013 at 10:16 | Source: Economic Times
MUMBAI/NEW DELHI: If you've been wondering that the EMI you are paying for your home loan was massive, think again. These days, residents of some of Mumbai and Gurgaon's premium apartments are paying astronomical amounts just as maintenance fee for t...
Redevelopment only way forward for Mumbai: Experts
Apr 14, 2013 at 17:02 | Source: The Hindu BusinessLine
Mumbai, April 14: With the availability of land in Mumbai drying up, real estate experts believe redevelopment is the only way forward for the megapolis. “Availability of land is scarce. Due to sky-rocketing land prices and limited expansion p...
Apr 11, 2013 at 23:56 | Source: Business Today
We plan to open 20 more hotels, and three out of every four hotels belong to the mid-market or budget segment Photo:Aditya Kapoor A soothing whiff of lemon greets visitors at the new corporate office of Lemon Tree Hotels in Aerocity, near Delhi's In...
Apr 04, 2013 at 20:16 | Source: The Hindu BusinessLine
Those palatial homes with their fancy facades and fantastic architecture, have you ever stopped to wonder what they really look like inside? What kind of sofas would the uber rich plonk themselves on? Would the floors be Italian marble and shower en...
Apr 04, 2013 at 15:02 | Source: The Hindu BusinessLine
Coimbatore, April 4: With no significant reduction in interest rates in sight,realty stocks have come off their 52-week highs. What has further added to the pressure on these stocks is the overall market pessimism that has seen the BSE Sensex sheddi...
Mar 30, 2013 at 22:11 | Source: The Hindu BusinessLine
The real estate business is often painted in shades of grey — due to its poor reputation for ethics, transparency and governance. However, the industry contributed to 6.5 per cent of the country’s GDP in 2012 (10.5 per cent in 2010-11) a...
Real estate companies to take Institutional Placement Programme route to comply with Sebi norms
Mar 28, 2013 at 12:02 | Source: Economic Times
MUMBAI: Rising debt and slowing sales will push many promoters of real estate companies to sell shares to institutional investors under an Institutional Placement Programme (IPP) rather than through Offer For Sale (OFS) to comply with Sebi's minimum ...
Sensex extends losing streak; bears target midcaps
Mar 22, 2013 at 23:32 | Source: DomainB
Key indices fell sixth day in a row Friday, shedding roughly 4 percent on a week-on-week. The mood in global markets has become edgy after the developments in Cyprus earlier this week, and back home foreign fund flows have slowed down considerably t...
HDIL wipes out over 50% of investors wealth in 2013
Mar 20, 2013 at 17:11 | Source: Economic Times
NEW DELHI: HDIL came under tremendous selling pressure on Wednesday and the stock slipped to hit its record low of Rs 47.90 in trade, after ET Now reported that CARE has revised its rating of the company's Non Convertible Debentures to 'default'. On ...
Sensex ends 81 points down; Tata Power, rate sensitives hit
Mar 12, 2013 at 19:22 | Source: DomainB
It was a volatile Tuesday for the key equity benchmarks. Indices slipped to intra-day lowest level during the afternoon session, the Sensex lost 140 points and the Nifty dropped to 5,893.65, after touching a high of 5,952 at the outset. Though a mil...
Realty cos opting for IPP route to meet shareholding norms
Mar 10, 2013 at 16:07 | Source: The Hindu BusinessLine
New Delhi, March 10: Real estate firms, including market leader DLF, are taking a contrarian view on preferred route for selling promoter shares, as they are opting for Institutional Placement Programme (IPP) as against the much sought-after Offer F...
From DJ EU Officials Spain Aid Cap Of 100 Bn Euros 'should Be Enough'
