DLF Ltd has been awarded the prestigious Golden Peacock Award for excellence in corporate governance, reinforcing its commitment to high standards in governance.
The recent US financial crisis is expected to impact the Indian real estate sector, with funding, property prices, and stock movements being key areas of concern. Experts hold mixed views on the extent of the impact.
QVC Realty to raise ₹600 crore for land acquisition and project development in south India, primarily near new airports in Bangalore and Hyderabad.
Corporates are launching new funds to acquire assets in the Indian property market, anticipating significant value erosion. Several groups are raising funds ranging from Rs 500 crore to Rs 1,000 crore, targeting both upcoming projects and existing assets.
Real Estate Bank India to set up 3000 franchisees, including 16 in Orissa, to facilitate inter-state property transactions.
Sarda Group acquires facility management brand Talbot & Company, venturing into real estate management. Expansion plans include increasing manpower to 1,000 and achieving Rs 300 crore turnover.
Lehman Brothers' bankruptcy may cost Indian real estate $1 billion, impacting investments in firms like DLF and Unitech, and exacerbating the credit crisis for Indian developers.
HDFC Chairman Deepak Parekh on India's Real Estate: Long-term prospects look brighter driven by foreign investments, especially in commercial segments like healthcare, hospitality, and logistics.
Vavasi Group and Chadha Group have bid to acquire Golden Forest India's land assets, potentially marking one of India's largest land transactions.
Tishman Speyer plans to raise $1 billion for Indian realty projects, while Jina Ventures aims for $200 million.
Sarovar Hotels & Resorts aims to add 100,000 rooms by 2012, expanding its portfolio with 33 new hotels across various brands, including budget-friendly Hometels and apartment hotels.
Axa REIM expands Asia presence, sets up headquarters in Singapore. Global head of Asia appointed to drive regional growth.
Wealthy Indians are increasingly interested in land as an investment option amid volatile markets. A significant 48% of high net worth individuals (HNIs) plan to increase realty investments over the next 12 months, according to a Barclays report.
Indiabulls Real Estate will raise $500 million from Qualified Institutional Buyers by issuing equity shares or convertible debentures. The decision, approved by shareholders, comes as the company's shares closed down 3.7% on BSE.
Jai Corporation raises over 5,686 crore rupees for its venture capital funds aimed at investing in Indian real estate and developing integrated projects.
A slowdown and price corrections in India's real estate sector are seen as temporary, with 62% of developers expecting long-term growth, as per Ernst & Young and FICCI's 'Realty Pulse' report.
Tata Motors halted Nano plant operations in Singur due to land acquisition issues. Bajaj Auto chairman believes this incident won't deter long-term foreign investment in India.
Nirmal Lifestyle partners with American Tennis Association for US Open-branded amenities in Indian projects
Barclays Wealth and Economist Intelligence Unit report reveals high-net-worth investors in developing nations, particularly China, India, and UAE, are more inclined to increase riskier investments in property despite market volatility.
Real Estate Bank India plans to establish 3,000 franchisees nationwide, with 48 outlets in West Bengal, enhancing real estate business opportunities.
JP Morgan Chase eyes 18% stake in Core Hotels Ventures for $14m, subject to final approval from Finance Minister P Chidambaram. FDI received previously from Indus Hotels Mauritius.
Shriram Properties plans to establish two subsidiaries for retail and hospitality, aiming to develop 15 malls and 70-80 budget hotels in the coming years.
DLF Ltd seeks shareholder approval to raise up to ₹100 billion through institutional share sales amid a challenging equity market landscape.
DLF Ltd to Raise Rs 10,000 Crore, Plans Share Buyback to Boost EPS
Provident Housing seeks to raise ₹750 crore from private equity to fund affordable housing projects across various Indian cities, expanding into a growing market segment.
