Lodha Group secured a ₹250 crore investment from HDFC for a project in Hyderabad, marking the fourth investment from PE funds totaling over ₹2,400 crore.
Parsvnath Developers sold a 30% stake in its Mumbai project for 1.86 billion rupees to foreign funds, enhancing investor interest in India's real estate market.
Century 21 enters Indian market, plans 1,000 offices and ₹1,000 crore revenue in 5 years
Mumbai's real estate developers raised concerns over surging steel prices, urging an investigation as it threatens construction plans for the Commonwealth Games 2010.
W J Towell forms joint ventures with three Indian companies for real estate development in Oman, promising enhanced expertise and deeper Indo-Omani relations.
Citibank's Property Investment unit invests $160 million in BPTP's SPV, acquiring a 40% stake to develop four SEZs in NCR, signaling strong investor confidence.
BCCL invests ₹60 crore in Mantri Realty for new projects and infrastructure expansion, including a ₹2,400 crore power plant near Nagpur.
The real estate sector is evolving, with a new trend of using celebrity names to brand properties, attracting high-end clients but possibly alienating the middle class.
Country Club Ltd. is set to acquire hotel properties in Dubai and Bangkok, with plans to finance through local banks and after recent successful fund mobilization.
Damac Properties partners with 60 agents across India to promote its luxury real estate offerings, promising extensive training for its agents.
Real Estate Opportunities Ltd reported a profit for fiscal 2007, recovering from a loss the previous year, majorly due to increased interest receivables.
A recent AFIRE survey reveals India ranks highly among foreign real estate investors, with JP Morgan planning a substantial investment in the sector.
Rahejas challenges Goa's SEZ cancellation in Bombay High Court, citing no pollution concerns and significant investment.
Indiabulls Power wins bid for 1,600-mw Chhattisgarh power project, beating Sterlite and GMR. The Rs 8,000 crore pit-head project includes a coal block and allows for merchant sale of 35% of power produced.
Indian real estate tycoons, including DLF's KP Singh and Unitech's R. Chandra, have experienced significant wealth reduction due to the recent stock market decline.
Dubai Properties revamps corporate structure, forms Dubai Properties Group with 6 business units, targeting global expansion and $700B portfolio growth.
Citigroup, Merrill Lynch, and DE Shaw are set to invest $500 million in DLF Assets' REIT, which will now be a private trust following a change in plans due to market conditions.
DLF Limited may delay its Singapore IPO for a real estate investment trust, likely opting for a $500 million private placement instead, due to market volatility.
Omaxe has delayed its Rs 1,500 crore private placement amid market instability, following similar actions by Unitech and Emaar MGF, with no immediate impact on earnings expected.
Asipac Projects to launch Rs 50 crore real estate fund with institutional investors, expanding services to include investment advisory and construction management.
DLF plans to invest Rs 4,100 crore, including Rs 200 crore for an asset management firm, expanding its real estate portfolio significantly.
The Indian real estate sector is optimistic about the recent budget but calls for further action to meet industry demands, with key benefits noted for housing and infrastructure.
HDIL announced a $250 million investment from DE Shaw in its affiliate Mack Star Marketing for a commercial complex in Andheri amidst a challenging real estate market.
Indiabulls Real Estate will acquire Dev Property in a £138 million share-swap deal, expanding its presence in the booming Indian real estate market.
Eldeco Group seeks $200-250 million from private equity investors for projects in Punjab and Maharashtra after abandoning merger and capital market fundraising plans.
