Rs , sq ft

Removed from Shortlist

My Shortlist ()
Keep track of your shortlisted properties here. Shortlist a property to get started.

Securities and Exchange Board of India

GMR Infra wing files for Rs 1,450-cr IPO

GMR Infra wing files for Rs 1,450-cr IPO
GMR Energy filed draft red-herring prospectus (DRHP) with SEBI to raise about Rs 1,450 crore by tapping primary markets.GMR Infrastructure has interests in airports, power, roads and EPC businesses. Mr. Madhu Terdal, group CFO of GMR Infra, says that the company has filed the prospectus as a security step and the SEBI approvals are likely [...] Continue Reading »

Fund collected through NCDs doubles at Rs 34k cr

Fund collected through NCDs doubles at Rs 34k cr
Fund collected by Indian companies through retail issues of non-convertible debentures has increased over two times during current financial year.  A collective amount of Rs 16,982 crore was gathered by 15 firms through their NCDs in the entire 2012-13 fiscal. NCDs are loan-linked bonds which are issued by a company that cannot be changed in [...] Continue Reading »

Maruti cash surplus plans go farther than Suzuki’s Gujarat factory

Maruti cash surplus plans go farther than Suzuki’s Gujarat factory
The country’s largest car maker company, Maruti Suzuki India Ltd, plans to buy real estate for dealers in India and constructing factories for its Japanese parent Suzuki Motor Corp. In growing markets like Latin America and Africa—moves that are likely to shock its investors. The two people familiar with the development say that the company, in [...] Continue Reading »

Real estate firms under Sebi lens for fraudulent CIS

Real estate firms under Sebi lens for fraudulent CIS
New Delhi: The Securities and Exchange Board of India (Sebi) has directed to put an end to Collective Investment Schemes (CIS) run by many real estate developers as it suspects investor frauds. It asked the firms to refund the money to investors within three months. Numerous complaints have been lodged with the market regulator by [...] Continue Reading »

DLF plans to clear half of its debts by 2016

DLF plans to clear half of its debts by 2016
New Delhi- DLF, a leading real estate developer of India, has planned to reduce its debts by 50 percent over the next three years. It is likely to achieve this through sale of its non-core assets, fresh equity shares and improved cash flows. Last week, the top executives of DLF had a meeting wherein they [...] Continue Reading »

Real estate projects freeze due to SEBI’s actions

Real estate projects freeze due to SEBI’s actions
Many projects of Sahara Group of Companies are under the freeze due to the actions by the Securities and Exchange Board of India (Sebi). The order by Sebi is based on an affidavit filed on behalf of Sahara India Real Estate Corporation and Sahara Housing Investment Corporation to the Supreme Court and in the document [...] Continue Reading »

Sahara Group seeks extension for repayment of due from SC

Sahara Group seeks extension for repayment of due from SC
Sahara Group companies presented a new application to Supreme Court seeking extension of time till February 20 to submit documents related to debentures to SEBI. As Sahara group has a debt of over 22 million to repay to its investors and it looks like the only way the Sahara Group can repay its debt is [...] Continue Reading »

Karvy, CAMS shows interest in verifying Sahara investors

Karvy, CAMS shows interest in verifying Sahara investors
New Delhi- Interest was evinced by four entities -Karvy, CAMS, NSDL and CDSL  regarding the genuineness of about three crore investors in the Sahara case  bidding for the job. This was done on behalf of market regulator Sebi (Securities and Exchange Board of India). A process to select  an In-Person Verification (IPV) agency to conduct a face to face verification amongst the three [...] Continue Reading »

SC orders Sahara Group to refund money to depositors

SC orders Sahara Group to refund money to depositors
The Sahara Group seems to have taken the hit from the apex court. The Supreme Court has directed Sahara India Real Estate Corporation Ltd and the Sahara Housing Investment Corporation Ltd — to refund over Rs 24,400 crore collected from 2.21 crore depositors through an instrument known as optional fully convertible debentures. The Bench has [...] Continue Reading »

Rs 14,720 crore PE walk out of India in 4 years – Jones Lang LaSalle India

Rs 14,720 crore PE walk out of India in 4 years – Jones Lang LaSalle India
According to a white paper issued by Jones Lang LaSalle India, a global real estate services firm, the Indian real estate has witnessed around Rs 14,720 crore of private equity (PE) investor walk outs in the last four years. 74% of the total exits were attributed to foreign funds, says the report. The average ticket [...] Continue Reading »



CommonFloor Property Search Mobile App now available on Android, iOS and Windows!