Real Estate Companies

Analysts say several have raised funds by selling rental-yielding assets, some second rung cash-strapped builders are asking their banks and financial creditors to take over half-completed projects

According to sources, SPRE has gone for structured debt financing at a rate of around 20 per cent

Suitors may prefer individual projects while bidding

According to industry estimates, the realty sector employs 6-7 million people, including 300,000 white-collar employees

The real estate index rallied 6.5 per cent in intra-day trade

India's GDP growth in the July-September quarter slowed to a six-year low of 4.5 per cent. This was the sixth consecutive quarter when the growth rate had fallen.

Seeks partner who can execute entire projects while Tonino Lamborghini focuses on branding and designing luxury apartments

Move comes a day after Finance Minister Nirmala Sitharaman announced the government was readying more reform measures to boost economy

In its last 32 years of operations, the Bengaluru-based Prestige Group has completed 236 real estate projects comprising nearly 125 million sq ft of developable area, mostly in south India

Marketing executives of real estate companies are quitting to join rivals or to pursue personal interests amid a prolonged slowdown in the industry.The most recent departure was that of Girish Shah, chief marketing officer at Godrej Properties, who joined the Wadhwa Group as director to oversee its information technology, sales and marketing, and customer relationship management functions."Promoters want to grow their companies and are realising the importance of hiring the right professionals," said Shah, who has worked with Reckitt & Colman, the UB Group and the Reliance ADA Group.Smeeta Neogi, vice-president, marketing, at Mahindra Lifespaces quit for personal reasons. She earlier headed marketing at ET Now, Zoom and the Tata-owned Trent. Neogi could not be contacted for comments.A couple of months ago, Bharath Duppar, chief marketing officer of the Mumbai-based Omkar Group, quit to join Sheth Creators as chief executive officer. "I was looking to move. I had an opportunity to m