Mahindra Lifespace Developers Ltd is in the process of acquiring around 4,000 acres in Chennai and Pune, where it intends to set up two more business parks, a top official said late on Monday.

Shares in DLF Ltd, India's top listed real estate firm, rose more than 3 percent on Thursday after it reported a sequential rise in quarterly profit, signalling a recovery in the realty market was gaining momentum.

Nokia will follow Google, offering free maps on its cellphones, in a move to boost handset sales and prices, but one that will hit other satnav players.

DLF Ltd, India's largest listed realty firm, has decided to exit from its mutual fund venture by selling its entire stake to its overseas partner, Prudential Financial, the Economic Times said on Monday.

Ansal Properties and Infrastructure will raise around 6.5 billion rupees through a qualified institutional placement (QIP) in February 2010, a banker involved in the process told the Financial Express.

DLF Ld, India's largest listed real estate firm, has no timeframe for a listing of its subsidiary DLF Assets, executive director Saurabh Chawla said on Wednesday.

Godrej Properties Ltd, a unit of Godrej Industries Ltd, said on Tuesday it sold stakes in its initial public offering (IPO) to four anchor investors for 899.5 million rupees.

The founders of Indian realty DLF Ltd aims to list their real estate investment trust DLF Assets in Singapore by June next year to raise $1.2 billion, the Financial Express newspaper reported on Thursday.

India's leading real estate developer Parsvnath Developers has raised nearly Rs.400 crore through stake sale in various projects and qualified institutional placement (QIP) issue.

Emaar MGF will return to the market with an $830 million initial public offering more than 18 months after it became the first major casualty of a stock market slump last year, three sources said on Tuesday.

Real estate developers Sahara Prime City and Emaar MGF Developers have filed papers with the stock market regulator for initial public offerings to raise up to 75 billion rupees ($1.5 billion), three sources said on Tuesday.

India's largest listed real estate firm DLF Ltd is examining various options to fully or partly exit its international luxury hotel chain Amanresorts, which it bought in late 2007, the Economic Times newspaper reported on Monday.

A unit of India's Reliance Industries was selling up to $880 million worth of shares in the company at a discount of about 2.7 percent to its Wednesday close, according to a term sheet and several sources.

DLF Ltd, India's top real estate firm, reported a 79 percent drop in quarterly net profit on lower sales but said calm was returning after the sector was hit by sluggish demand and a crash in prices.

The government will extend tax breaks for industrial park schemes and developers of real estate and road projects to stimulate the economy and lift growth to 8-9 percent by the end of 2010, the finance minister said on Monday.

DLF Ltd, has sold its stake in an equal joint venture with Ackruti City to a U.S.-based real estate fund for more than 2 billion rupees ($41 million), the Economic Times said on Thursday, citing two unnamed DLF executives.

India's real estate sector wants larger tax breaks for new homes, especially for the largely untapped, middle-income and cheaper projects, to spur sales.

Unitech Ltd, India's No. 2 listed property developer, has got commitment to raise about $575 million from institutions in its second round of share sale in as many months, three sources said on Monday.

Unitech Ltd, India's No. 2 listed realty firm, reported a 28 percent fall in full-year profit on lower prices, but said it was seeing a pick up in demand for new residential projects.