Shivalik Group, a leading real estate firm in Gujarat, aims for global expansion while maintaining strict quality in its projects and relationships.
Research & Markets has released the 2009 Worldwide Real Estate Property Managers Industry Report, providing key statistics and forecasts for the sector across 47 countries.
Cushman & Wakefield partners with Technopak to enhance retail services, combining expertise for a dominant market share.
Unitech, India's second-biggest real estate developer, is in talks with private equity funds for $560 million investments and restructuring loans to cut debt.
India's economic growth projected at 6.7% amidst global slowdown, impacted by risk aversion and rising credit defaults.
Ambuja Realty is expanding into real estate, hospitality, life care, and education despite the economic slowdown. The company has invested ₹1200 crore in projects since its inception.
Unitech seeks to restructure Rs 800-crore loan from public sector banks, amid debt burden of Rs 2,500 crore due by March '09
Maytas Infra faces significant challenges, including management issues, stock downgrades, and project cancellations, raising concerns about its future viability.
Medium-sized developers in India renegotiate joint development agreements due to 30% drop in land prices in the past 6 months, seeking more viable terms.
QVT Financial LP opposes Hirco Plc's merger proposal with Hiranandani group subsidiaries, stating it benefits Hiranandani at the expense of Hirco shareholders.
The Indian real estate sector is experiencing a downturn, testing its resilience amid economic changes despite its vital role in urban development and job creation.
CREDAI to meet RBI Governor, seeking lower interest rates and debt restructuring for struggling real estate sector.
Hirco shareholders clash over restructuring proposal involving the merger of two Hiranandani-owned real estate subsidiaries. The move faces opposition, with some investors concerned about the Hiranandani group gaining majority control.
Satyam Computer Services hires DSP Merrill Lynch to review strategic options, delays board meeting to January 10, amidst corporate governance concerns.
India's real estate sector may benefit from increased Asian fund allocation by global investors, despite current weak demand and uncorrected property prices.
PwC India Acquires ECS for ₹38-42 Crore, Expands Business Operations
Unitech plans to merge its eight telecom subsidiaries for better management, aiming to roll out services by mid-2009 while navigating delays with Telenor's stake sale.
Promoters have increased their holdings significantly amidst falling stock prices, supported by new Sebi regulations allowing higher stake acquisitions, enhancing investor confidence.
The World Bank has banned Satyam Computer Services for eight years due to data theft and bribery. Satyam's independent directors claim ignorance, highlighting a communication gap within the company's board.
Unitech plans to raise $300-500 million through convertible debt to repay Rs 2,700 crore debt, already seeking $200 million from residential projects.
Jaypee Group merges subsidiaries with Jaiprakash Associates, enhancing economies of scale and synergy.
Unitech Ltd seeks to raise up to Rs 5,000 crore through securities issuance, alongside increasing share capital to Rs 1,000 crore amid an ongoing debt reduction strategy.
Landmark Special Opportunities Company and Landmark Real Estate Fund are acquiring a 60% stake in Forum Ventures for nearly Rs 100 crore, amid a challenging market.
Satyam Computer Services reverses decision to diversify into real estate and infrastructure after shareholder protests
Satyam's planned entry into real estate sparks investor backlash, shares plummet 30% before deal is abandoned.
