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Tuesday, 31 July 2007

CapitaLand Net Rises Fivefold on Home Sales, Gains (Update2) (Bloomberg.com)

July 31 (Bloomberg) -- CapitaLand Ltd., Southeast Asia's largest developer, said second-quarter profit rose fivefold to a record as it sold more homes in Singapore and China and the value of assets including Clarke Quay surged. The stock posted its biggest gain in more than a month.

CORPORATE RESULTS (The Hindu)

FINANCIAL SERVICES Emkay net up 29.5% Mumbai, July 30 Emkay Shares and Stock Brokers Ltd has reported a 29.55-per cent increase in net profit at Rs 47.19 crore (Rs 37.92 crore) for the quarter ended June 30, 2007. Net sales rose 12.91 per cent to Rs 348.14 crore as against Rs ...

Million-dollar flats (Business Standard India)

REAL ESTATE: Developers rush into the super-luxury segment. Realty major DLF Ltd recently launched 5,000 square foot apartments in Greater Kailash II in New Delhi not one of the citys tony addresses priced at an astonishing Rs 8 crore and more, which comes to over Rs 15,000 a sq ft.

Super luxury flats @ $1 million only! (rediff.com)

Indian developers rush into the super-luxury segment.

Monday, 30 July 2007

How do you say 'profit' in Hindi? (Haaretz Daily)

Israel's backpackers know the scene. There you are, leaning against a coconut palm, reveling in the heat and gorgeous view. You're living like Riley on $100 a month. And suddenly, you think: Why not stay, open a hostel and make money without breaking your back?

India Unitech June qtr net soars on higher sales (Reuters via Yahoo! Singapore News)

NEW DELHI, July 30 - Unitech Ltd. , India's second most valuable listed real-estate firm, said on Monday its June quarter net profit soared on higher sales and better price realisations.

Toll-free number for real estate trade (Chennai Online via Yahoo! India News)

Chennai, July 30: A toll-free telephone number for real estate transactions would be launched by Real Estate Bank International (REBI), dealing in real estate business.