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Paranjape Schemes files papers to raise Rs 600-cr via IPO

Last Updated: Friday, July 10, 2015, 19:56

Real estate developer Paranjape Schemes (Construction) Ltd has filed draft papers with capital markets regulator Sebi for an initial public offer to raise up to Rs 600 crore.

Online property search via mobile surges

Last Updated: Thursday, July 9, 2015, 11:44

Property search via mobile devices has witnessed a significant uplift in the last six quarters both in terms of traffic and leads, he said.

Bangalore ranks 12th in list of worlds top 20 tech-rich cities

Last Updated: Monday, July 6, 2015, 16:01

London, San Jose and Beijing are top three cities on the list.

State-level panels and city forums to realise smart cities

Last Updated: Monday, July 6, 2015, 10:16

The city level forum, that will include NGOs, Chamber of Commerce, women groups, tax payers association will play an important role in the development aspects of these cities.

Mahindra Lifespaces mulls foray into MP, Rajasthan

Last Updated: Sunday, July 5, 2015, 14:51

Mahindra Lifespaces is looking at setting up residential projects in states like Andhra Pradesh, Rajasthan, Madhya Pradesh under the affordable housing space.

ArthVeda launches Rs 2000-cr fund for low income housing

Last Updated: Friday, July 3, 2015, 17:10

"The Rs 2,000 crore fund will participate with multiple developers across India, including tier 2 and 3 cities, in the construction of affordable housing for low income households," the company said in a statement here.

Cities raising Rs 50 crore to be chosen for Smart City project

Last Updated: Friday, July 3, 2015, 11:26

The cities which have the capacity to raise an initial fund of Rs 50 crore and additionally spend Rs 200 crore annually for next five years, will be selected for the 'Smart City' project.

Hotel industry to see modest 6% growth in FY16: ICRA

Last Updated: Tuesday, June 30, 2015, 19:26

The revenue growth for the industry is expected to remain weak in the first half of 2015 with a growth rate of just 3 to 4 per cent and operating margins are likely to be flat, it said.

Indian Hotels delists GDRs from London Stock Exchange

Last Updated: Tuesday, June 30, 2015, 16:51

Consequently, the company has also issued a notice to Citibank N.A for termination of the existing depository agreements of the GDRs, it added.

Get pricing right to come out of woes: Parekh to realtors

Last Updated: Sunday, June 28, 2015, 12:46

Coming hard on property developers, top mortgage lender HDFC's Chairman Deepak Parekh has said they are unrelenting on pricing despite a growing inventory of unsold housing units.

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