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AIPL buys Gurugram land for Rs 1,000 crore through DRTRealty developer AIPL has secured a 43-acre plot in Gurugram for Rs 1,000 crore. This acquisition, made through the debt recovery tribunal,...- Daibiru creates Gift City fund with Hines, invests Rs 1,000 crore in Gurgaon buildingDaibiru Corporation, a subsidiary of Mitsui O.S.K. Lines, has invested Rs 1,000 crore in an upcoming office complex in Gurgaon developed by...
- Developers focus on low-rise development in Gurgaon, FaridabadDevelopers including DLF, M3M, Birla Estates, BPTP, Trehan Group and ILC group have applied for the licence under the Haryana government’s ...
- Hospitals are checking into under-construction properties as hotel chains check outThe NCR-based Enkay group, which owns and operates several hotels in North India in a revenue-sharing model with hotel chains, has recently...
- IndoSpace acquires 135 acre in Gurugram for Rs 280 crore, to develop logistic parkIndospace has also partnered with Haryana, Maharashtra, Karnataka and Tamil Nadu to develop industrial and warehousing parks.
- Office rentals rise on higher space demand across top marketsIn some of the key markets, this demand-supply gap, which existed over the last few years, isn’t there any more because of faster take up o...
- PEs, NBFCs Going for Tier-II Properties owing to infrastructure and affordabilityEarlier this month, Xander Finance invested Rs 100 crore in Prateek group’s 40-acre township project in Ghaziabad’s Siddharth Vihar area.
- PEs, NBFCs secure exits worth $633 million from realty in first 9 months of 2015Much of the exits, however, have come by way of refinancing by builders, who are keen to replace high-cost funds with relatively lower cost...
- Zomato leases 1.2 lakh sq ft office space in GurgaonThe rental in the building is around Rs 135 per sq ft per month. At this rate, Zomato will pay close to Rs 1.6 crore a month as rental.
- Emaar MGF raises Rs 600 crore from SSG Capital ManagementAround Rs 300 crore will be used to service the existing debt while Rs 125 crore will go towards development of the company’s other project...
- Owing to infrastructure development, New Gurgaon sees rise in PE investorsOver past 15 months, New Gurgaon, an area between Manesar and old Gurgaon, has seen investments in real estate projects by several PE funds.
- Delhi High Court ruling, budget sops to bring in PE funds to realty marketOver the last few years, the investors putting in money in Indian real estate were concerned about both regulatory and market issues.
- DDA's land-pooling policy: Will it dampen property prices in NCR?The policy announced by the Delhi Development Authority recently is aimed at freeing up land and ensuring infrastructure is in place.
- Trinity Capital exits Gurgaon SEZ at Rs 200 crore lossDelhi’s Uppal Group buys the PE firm’s 33% stake in Luxor Cyber City SEZ which the AIM-listed firm had picked in 2007 for Rs 303 crore.
- Faced with sluggish growth realty companies selling land to peersFaced with sluggish growth, some large real estate companies have started selling parts of their licensed land in township projects.
- Office space leasing picks up in January-March: CBREBusinesses hired more office space in the first quarter of 2013 compared with a year ago, according to property consultant CBRE.
- IL&FS buys office building in Noida for Rs 200 crorePrivate equity fund IL&FS Investment Managers has bought a 300,000 sq ft office building in Noida for Rs 200 crore.
- Kotak Realty Fund plans to raise $350 mn via foreign realty fundKotak Realty Fund plans to raise $350 million, or about Rs 1,866 crore, through a foreign real estate fund that will invest primarily in re...
- Kotak Realty Fund to invest Rs 170 cr in BPTP’s Gurgaon ProjectKotak Realty Fund is investing Rs 170 crore in BPTP's residential township project Astaire Gardens in Sector-70A of Gurgaon.
- PE players pressurise realtors for exit optionSeveral private equity (PE) players, global and domestic, whose lock-in period in real estate investments are to end soon, are pressurising...
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