unitech

Your mobile number is going to change

Your mobile number is going to change
Come next year, and you may have to update all your mobile and phone directories as all mobile numbers will then have 11 digits instead of current 10 digits with ’9′ being prefixed to all mobile numbers and thus ’99′ will become the first two digits of every mobile number.

Unitech to partner Marriott for hotels, invest Rs.3000 crore

Unitech to partner Marriott for hotels, invest Rs.3000 crore
After DLF-Hilton and Emaar MGF-Eccor, its now Unitech which is partnering with world’s leading hotel chains for building 28 hotels in four years. Currently, Unitech has four hotel hotels under construction 2 at Gurgaon and 1 each in Kolkata and Noida, which will be operated by Marriott.

DLF making waves

DLF making waves
After becoming the first realty company to cross Rs.1 trillion market capitalisation, DLF is in news for all the big talks. Reports suggest that it has struck the largest land deal in India between two parties by buying 112 acres of land from DCM Shriram in West Delhi for  Rs.1750 crore outbidding Unitech’s Rs.1500 crore deal in Noida.

Track the Indian real estate though BSE Realty Index

Track the Indian real estate though BSE Realty Index
To recognise the growing demand of real estate and its contribution in the Indian economy, The Bombay Stock Exchange on its 133rd Foundation Day, launched the Realty Index. The base year is fixed as 2005, with base index value of 1,000.

Will Unitech gain from listing of DLF?

Will Unitech gain from listing of DLF?
With the DLF issue to open for subscription, things are getting heated up as investors have more options to invest in this burgeoning sector, which is expected to grow fourfold in next 3 years to $45billion.

DLF – Will it be third time lucky?

DLF – Will it be third time lucky?
Delhi Land and Finance (commonly known as DLF) has been amongst the most unlucky capitalist in the market. First, it had a conflict with its minority shareholders over the issue of debenture and stock-split, then as soon it filed its draft prospectus with SEBI in May 2006, the markets witnessed the worst crash in recent times.