SBI seeks new financial products to refinance long-term infrastructure projects, exploring options including takeout finance and pension funds.
Asian Development Bank plans Asia Pacific Infrastructure Fund to finance regional projects, focusing on debt in infrastructure projects and attracting regional and international investment.
Tata Africa Holding expands its operations by partnering with Asian building equipment manufacturers to distribute machinery across Africa amidst an ongoing development boom.
Developers surrendering Special Economic Zones (SEZs) must pledge to adhere to government land-use guidelines. Respective state governments will oversee these lands for infrastructure projects aligned with original SEZ objectives.
The all-party meet failed to reach a consensus on the land acquisition bill, impacting farmers awaiting compensation and delaying infrastructure projects. Opposition parties strongly opposed the bill, despite government efforts to expedite its passage for economic boost.
Tata Sons is urging its subsidiaries, Tata Realty and Tata Housing, to cease their competition, which is adversely affecting their overall operations in real estate.
JLLM report predicts rising residential property prices in Mumbai and growth in commercial real estate demand until the end of 2010, supported by infrastructure projects.
Transport Corporation of India Ltd has announced the consolidation of its real estate and warehousing activities into a newly formed company, TCI Developers Limited.
IREO to invest $500 million in Indian infrastructure projects, adding to its existing thirteen projects and planned IT SEZ in Pune.
Satyam's planned entry into real estate sparks investor backlash, shares plummet 30% before deal is abandoned.
Omaxe Infrastructure and Construction (P) secured a Rs 907.10 million order from Hindustan Zinc for developing a township in Dariba, Udaipur.
Chandigarh's major infrastructure projects, including a multi-storey building and multimedia city, are progressing slowly.
Blackstone Real Estate Partners has agreed to invest approximately $18 million for a minority stake in Synergy Property Development Services, enhancing their portfolio in India.