News articles tagged Acquisition

Godrej Properties Get Hold Of Ceear Lifespaces

Godrej Properties has acquired Ceear Life Spaces (CLPL) making it a wholly owned subsidiary. The acquisition aims to develop land in Thane. Operations are affected by COVID-19.

Blackstone Sets Its Luring Eye On Vrindavan Tech Village

Blackstone is in final talks to acquire Bangalore's Vrindavan Tech Village for Rs.900 crore. The IT park boasts major tenants like Cisco and Nokia, with Blackstone aiming to capitalize on rental income.

Preferred Bidder for 42 Marriott Hotels in UK is an Indian investor.

Blue Mountain Real Estate Advisors bids nearly £750m for 42 Marriott hotels in Britain. The deal involves RBS, the primary debt holder, granting exclusivity to the Indian firm.

New DTC will be implemented from 2011

India's revised Direct Tax Code (DTC), effective 2011, simplifies income tax laws, impacting real estate. Key changes include taxing actual rental income and retaining home loan interest deductions up to ₹1.5 lakhs.

Sarda Group Enters Facility Management

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.

Indiabulls gets court permission to buy Dev property

Indiabulls Real Estate gets High Court approval to acquire 100% of Dev Development Property for $270 million.

HCC sets up arms For key businesses

HCC restructures by forming subsidiaries for real estate and infrastructure, aiming for distinct identities to tap into high-growth sectors effectively.

Country Club Pride of Hyderabad acquiring properties in Dubai, Bangkok

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.