DLF plans to raise ₹1000 crore by mortgaging retail assets to reduce its ₹19,508 crore debt. This involves a new Commercial Mortgage Backed Security product, attracting investors like pension funds and insurance firms.
Vastubodh Projects secures ₹40 crore from Avenue Partners for affordable housing projects, particularly AnandGram, to boost their development efforts in Pune.
Reliance Infra plans to produce over 5 million tonnes of cement in Madhya Pradesh, expanding its presence in the cement manufacturing sector to bolster infrastructure services.
India's Finance Ministry is finalizing rules for a new Infrastructure Trust Fund to accelerate investment in power, ports, and aviation projects, aiming to attract domestic and foreign investors.
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.
SIDCUL plans to invest Rs 400 crore in Sitarganj, enhancing infrastructure to attract new businesses amidst challenging industrial conditions.
The Central Government is set to relax FDI norms for the real estate sector, which includes reducing the lock-in period and minimum capitalization to attract investments and make housing more affordable.
Private equity firms are partnering with established real estate developers to create large assets and ensure stable returns, even as overall transaction numbers decrease. This trend is expected to grow.
Embassy Property Developments plans to raise Rs 800 crore in debt for an IT park in Bangalore, starting discussions with banks and considering selling space to Blackstone.
Guwahati's real estate market is witnessing a significant boom, with rising demand for residential and commercial projects amid an economic revival in Northeast India.
Essel Financial Services Ltd's private equity wing is set to launch a Rs.1000 Cr real estate fund focusing on residential projects across top cities in India.
DAMAC Properties plans a $1 billion investment in real estate projects, focusing on Indian investors, and will soon launch a second phase featuring luxury hotels and residences.
McDonald's India plans to invest ₹265 crore to expand its presence in South and West India, aiming to reach 250 stores by March 2015.
Commercial property investment is most lucrative in major cities with robust infrastructure, better connectivity, and higher rental appreciation compared to tier-II cities.
Walmart and the US government have expressed concerns to the Indian government regarding state veto power over FDI in retail. This power creates uncertainty for foreign investors like Walmart, who are hesitant to enter the Indian market due to varying regulations across states.
AIG Global has acquired a 50% stake in a stalled shopping mall project in Hyderabad from RMZ Corp, planning to convert it into a residential development.
Secura Investment Management (India) Pvt. Ltd. has successfully raised Rs. 50 Cr through its Scheme-2, a SEBI-certified and Shariah-compliant real estate fund in Kerala.
Indian builders showcase new projects at Kuwait Property Exhibition on January 11-12, targeting NRI homebuyers with properties from various cities and attractive investment opportunities.
Real estate experts predict a prosperous 2013, citing favorable government policies as key drivers for growth and transparency in the sector.
DLF, India's largest real estate company, plans to reinvest in Delhi's real estate market after selling its stake in Aman Resorts. This move aims to reduce debt and refocus on core business, with new projects expected within four months.
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.
The Supreme Court granted Sahara Real Estate Firms an extension to pay their fine, directing SEBI to accept the application. The firms were initially ordered to refund money collected through debentures to investors.
Blackstone Group LP is preparing to launch a new real estate fund targeting the Asian market, aiming to expand its commercial real estate presence in the region.
The Supreme Court criticized Sahara Groups for not refunding Rs. 27,000 crore to investors and demanded repayment within a week.
Chennai's real estate market shows stability, particularly in residential sales, compared to Bangalore. High demand and limited supply in city centers drive higher rentals and property values, attracting investors.