Ajnara India signs actresses Kangna Ranaut as brand ambassador

Real estate company Ajnara India has signed Bollywood actresses Kangna Ranaut as brand ambassador. Kangna Ranaut would now be the face of Ajnara India & would be endorsing all the brand. Mr. Vineet Gupta, Director, Ajnara India said, “Ajnara is a brand which offers affo…

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State Bank of India: Finally Abolishes penalty on pre payment of home loan

India's largest bank, SBI (State Bank of India) has decided to abolish pre payment penalty on housing loans. According to SBI Senior officials,'' We have decided to do away with the pre payment charges on all kinds of home loans (floating and fixed rates) with e…

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Indian Real Estate shares – Intraday Tips For 28 November 2011

Recommendations for 28 (Monday) November 2011 Scrip Trigger Price Stop Loss Target 1 Target 2 DLF BUY ABOVE 205.75 203.90 208.00 211.15 SELL BELOW 201.70 203.50 199.45 196.45 Scrip Trigger Price Stop Loss Target 1 Target 2

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Motilal Oswal Launch MOST 10 year Gilt Fund

Motilal Oswal AMC (Asset Management Company) has unveiled Motilal Oswal Most 10-Year Gilt Fund (MOST10. This is an open-ended debt mutual fund scheme that will invest in government securities. The fund  invests 90% to 100% of the money in 10-year benchmark government securit…

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Chennai residential real estate: 2011 - 2015 grow CAGR 11%

Chennai residential real estate market has witnessed a strong upward movement in terms of capital values. Kalpana Murthy, Associate Director (Residential Services),Cushman & Wakefield India said,''  All segments and locations within the main city of Chennai were…

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Chennai residential real estate sees 100 new projects in 2011

The capital city of Tamilnadu, Chennai residential real estate market has witnessed a strong upward movement in terms of capital values over the previous year. Cushman & Wakefield said,'' The highest capital appreciation in Chennai was witnessed in Adyar & P…

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Hinduja Realty Ventures : Plans IPO

The real estate company of the Hinduja Group, Hinduja Realty Ventures (HRV), is expected to go in for IPO (Initial Public Offering) in the next  12 months. Mr. Abin K Das, Director, Hinduja Group India said, “We are considering listing the realty arm over the next 12 months…

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Property Transactions: Delhi Govt Approved e-registration

The Delhi government approved e-registration of property transactions to cut down on the time taken in such deals and integrate data from various registrar's offices in the state. Mrs. Sheila Dikshit, CM (Chief Minister) of  Delhi said. ''In order to achieve wid…

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Share Review - Oberoi Realty Target Price Rs. 360

Investment Rationale #  FDI policy nod to spur real estate demand #  Various Projects – Completed – Ongoing – in momentum #  New launches – The trigger #  Improving financial performance # The venture - 50% stake in ICICI venture # Developers try to woo buyers – Industry sc…

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Hiranandani Constructions :Invest Rs 3,000 Cr in 2012

Mumbai based real estate developer Hiranandani Constructions will invest up to Rs 3,000 crore next year on various realty projects across India. Mr Niranjan Hiranandani, MD (Managing Director), Hiranandani Constructions said, “We have planned many new launches across various…

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