Indiabulls Real Estate cuts debt by 16% to Rs 4,617 crore in FY16
Indiabulls Real Estate has reduced its net debt by 16 percent to Rs 4,617 crore during the last fiscal, helped by positive operating cash-flow.
May 01, 2016, 17:59 PM IST
India's property hangover: Discounts, gold to cure multi-billion dollar backlog
India has a real estate market mired in debt piled up in a 2006-2007 construction boom that gave way to slowdown.
Mar 19, 2015, 09:04 AM IST
Developers can't take investors for a ride: SC
Supreme Court Monday directed real estate giant Supertech to refund money to the flat owners within 30 days, saying "developers can't take investors for a ride."
Feb 16, 2015, 21:10 PM IST
New home launches in 2014 dip 12% at 1.53 lakh units
Real estate developers launched 1.53 lakh new housing units during the last calendar year, a fall of 12 percent from 2013, in the country's top eight cities.
Feb 12, 2015, 19:45 PM IST
RBI rate cut will boost housing demand: Realty developers
The real estate industry Thursday hailed the RBI's decision to cut key interest rate, saying the move will boost housing demand and also improve sentiments in the sluggish property market.
Jan 15, 2015, 14:44 PM IST
RBI rate cut will boost housing demand: Realty developers
Encouraged by softening inflation, the RBI today decided to cut the benchmark interest rate by 0.25 per cent to 7.75 per cent with a view to boost growth.
Jan 15, 2015, 13:56 PM IST
