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Lodha Gets Sebi Go-Ahead To Launch IPONine years after the Mumbai-based real estate giant first attempted to go public, Lodha Group has now received a go-ahead from markets regulator, the Securities and Exchange Board of India (Sebi) to launch its initial public offering. Expected to fetch the company about Rs 5,500 crore, the offering would be the country’s second-biggest property IPO ─ real estate giant DLF’s IPO of 2007 fetched the company Rs 9,200 crore, the highest in the country so far.
Circle Rates Left Unchanged In Noida; Rebate In SurcThe Gautam Budh District Administration may not have given in to the demands of real estate developers to lower circle rates, but it certainly has given them enough reason to cheer by way of lower surcharge on common facilities in group housing societies. The decision that was taken on July 11 and that comes into effect on August 1 would also significantly lower the cost of purchasing flats in Noida’s housing societies for homebuyers.
What Lies In North Hyderabad For Property Investors?If you are searching for a good location to invest in emerging real estate destination of Hyderabad, the northern zone can be a good option for you.
Piramal Housing Finance Enters Pune MarketPiramal Housing Finance on April 24 announced its plans to expand business to Pune. The housing finance firm is already operating in major markets of Mumbai, Noida, Gurgaon, Delhi and Bengaluru. The housing finance company has lent finances to the tune of over Rs 1,400 crore in Mumbai alone, its biggest market so far.
Fancy A Palace In France? Be Ready With $410 MnThe Villa Les Cèdres on the French Riviera is up for sale. What makes it special? This is right now the world’s most expensive property for sale at a whopping $410 million.