Emaar to invest $150 million in three Emaar MGF projects, marking the first major fund infusion since a failed IPO. This equity stake will be in separate SPVs developing retail and office properties in Gurgaon and Mohali.
Reliance Industries faces land acquisition hurdles for its Haryana SEZs due to price disagreements with landowners, impacting the 25,000-acre project.
The Indian property market is experiencing a consolidation phase as liquidity issues lead mid-sized developers to sell off properties and attract investors.
NRI loan interest rates vary based on borrowing reasons. The RBI's new directive limits lending against NRI deposits, targeting speculative investments in real estate.
India's real estate market is projected to grow significantly, attracting $30 billion in FDI over the next decade. Policy changes, including increasing the minimum construction area for foreign developers, are expected to further boost FDI inflows.
India attracted $20.8B FDI in energy, services, construction, and real estate over four years. Real estate FDI jumped from zero to $2.17B, while services saw the largest increase, from $444M to $6.61B.
Asian property investment hit a record $121 billion in 2007, a 27% year-on-year increase, despite the global credit crunch.
While major markets like the US and UK face scrutiny, Asian real estate remains resilient, demonstrating growth amidst global economic challenges.
Lehman Brothers invests $175 million in a Mumbai mixed-use project with Unitech and local partners. The project includes 1 million sq ft of office space, part of an 18 million sq ft master plan.
Alok Industries is in talks to sell a 20% equity stake in its unit, Alok Infrastructure, to private equity firms, aiming to raise Rs 600 crore for development.
Berggruen Hotels plans to establish 8-10 four-star hotels in India, investing a total of Rs 2,100 crore, enhancing its existing portfolio of budget accommodations.
Saffron Group, promoter of Yatra Capital, plans to become a leading real estate player with long-term investments in upcoming properties and rental income generating assets.
Sigrun is negotiating a substantial deal with an Israeli company, focusing on residential real estate and exploring international cooperation opportunities.
Pantaloon Retail will invest over Rs 1500 crore to open 110 Big Bazaar hypermarkets across India, expanding its presence in major cities and aiming for significant growth.
Omaxe plans to invest Rs 8,000 crore in affordable housing over five years, with a goal to build 1 million low-cost houses across various states.
Foreign fund house CLSA sold Indiabulls Securities shares worth Rs 35 crore, while MindTree Consulting bought AztecSoft shares.
Pune is experiencing a surge in integrated township developments due to the Maharashtra government's Special Township Policy Act. Several large-scale projects are underway, transforming the city's landscape and offering substantial investment opportunities.
Real estate companies are increasingly investing in hospitality projects due to a perceived oversupply in residential and commercial markets. Driven by rising room rates and limited supply, developers view hospitality as a stable income source.
Mahindra Lifespace Developers Ltd may explore private equity funding for future projects but has no current plans to dilute its stake, according to Vice-Chairman Arun Nanda.
The Hinduja family plans to invest $50 billion in various sectors, including real estate, in India and abroad over the next five years.
Nirmal Lifestyle plans to invest $5 billion in developing five townships in India, aiming for significant returns while targeting the affordable housing market.
Emaar MGF is negotiating $800 million investments from Goldman Sachs, Deutsche Bank, and another investor in three SPVs, enhancing their development projects amid market challenges.
Sistema, a Russian conglomerate, plans to invest up to $200 million in Indian commercial real estate and hospitality projects by year-end, focusing on office spaces and hotels in major metros.
Babcock & Brown plans to invest $2 billion in Indian infrastructure and property within three years. It has hired professionals for this task and also spending 40% of its $1 billion Asia infrastructure fund.
DLF plans to invest ₹1,250 crore to expand its multiplex business, adding 500 screens nationwide. DT Cinemas will open a 12-screen megaplex in Gurgaon's Mall of India and multiplexes in various other cities.