Business Standard has an article which says that Lodha Developers, Subrata Roy’s Sahara Prime City and Delhi-based Emaar MGF — each filed a draft red herring prospectus (DRHP) today with the capital markets regulator, Securities and Exchange Board of India (Sebi) and may raise about Rs 10000 over the next few months. Looks like the leading real estate companies in India are making it good from the buoyant stock markets in India and abroad.
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