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Realty focus to shift from Noida to Lucknow
business-standard.com
[Business Standard] - With Mulayam Singh Yadav, the focus will now shift to Lucknow,” according to Anubhav Gupta, analyst, Kim Eng Securities, a global brokerage firm. Another analyst, Sanjay Sharma of Qubrex, referred to industrialist Subrata Roy's close associations with
Veritas says DLF accounting, biz model suspect
business-standard.com
[Business Standard] - Anubhav Gupta, analyst, Kim Eng Securities, said that in 2008, DLF sold commercial assets to its sister arm, DLF Assets, but the payment was never made and was accounted in DLF's balance sheet as 'outstanding in the near term'.
Telecom exits may help DB, Unitech shore up realty biz
business-standard.com
[Business Standard] - According to Anubhav Gupta, analyst at Kim Eng Securities, the comeback of these groups would depend on the penalty or compensation demanded by their JV partners in telecom. “Both Unitech and DB Realty may have to shell out large sums as compensations
45% of pre-slowdown hsg projects not delivered yet: report
business-standard.com
[Business Standard] - According to Anubhav Gupta, analyst, Kim Eng Securities, a brokerage firm, the financial position of the NCR developers is worse than the realty developers in Bangalore and Mumbai. “Also, in 2007, players like Omaxe, Parsvnath launched projects in the
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