Chennai-based DRA Group teams with Philippines' Balajadia Family Office in $100M venture targeting Grade-A commercial and retail developments across South India.
DLF Ltd. Announces ₹20,000 Crore Investment in Commercial Real Estate Expansion Through JV Projects Including DLF Mall in Gurgaon and Office Spaces
India delays easing FDI guidelines for real estate sector, including exit conditions and minimum build-up area requirements.
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.
Godrej Properties and Jet Airways are partnering on a 1.3 million sq ft commercial project in Mumbai's Bandra Kurla Complex. The project, Godrej BKC, is expected to generate Rs. 3,500-4,000 crore.
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.
Telenor and Unitech dissolve their Indian telecom joint venture, Uninor, following the 2G spectrum scandal. Telenor plans to establish a new entity and participate in upcoming spectrum auctions.
The Trump Organization plans to expand its luxury residential and hotel projects in India over the next five years, focusing on cities like Mumbai, Delhi, Bangalore, and Goa, despite regulatory challenges.
Puravankara Projects Ltd. may enter the hospitality sector in 6-8 months, but is currently focused on residential projects, particularly in South India.
Provogue India ventures into real estate with a 300,000 sq. ft. project in Aurangabad, combining residential and mall spaces. This move mirrors similar ventures by other textile companies.
Mothercare partners with DLF to form a joint venture in India, aiming to expand its presence in the rapidly growing market.
Omaxe subsidiary partners with Allahabad Development Authority for a 1,535-acre township project.
DLF aims to raise Rs 300-500 crore by selling its stake in a joint venture with Akruti City for a commercial project in Andheri, part of a larger debt reduction strategy.
RIMC International and Sahil Group form joint venture to manage hotel projects in India, aiming to operate 20 properties by 2012 with an investment of three million USD.
Barwa Real Estate and Sun Group have formed a joint venture, Sun-Barwa Land, to explore high-growth opportunities in the Indian real estate sector.
DLF-Hilton's joint venture faces regulatory delays for the Hilton Garden Inn project in New Delhi, but the partnership remains strong with 17 projects underway.
Plaza Centers NV has partnered with Elbit Imaging to develop three major projects in Bangalore, Chennai, and Kochi, with a budget of $3.4 billion.
Acacia Real Estate acquires 26% stake in Delhi retail mall via JV with Anant Raj Group, expecting 83% ROI over 3.5 years.
Burn Standard and NBCC plan to develop a premium housing complex on an 11-acre plot in Alipore, Kolkata. The project awaits BIFR approval and faces hurdles like relocating existing structures.
JNB Investments LLC is entering the Indian hospitality market with a plan to establish 50 hotels by 2025, investing Rs. 2000 Crore.
DS Kulkarni Developers partners with GTC Cyprus for SEZ development in Pune.
Eredene Capital acquires 50% stake in Apeejay Infra-Logistics for Rs 42 crore to develop a logistics park in Haldia, West Bengal.
Impact Projects and SARE partner to develop two luxury townships in Amritsar with an investment of ₹18 billion.
Hilton plans to add 300 hotels in Asia over the next decade, focusing on India and China to capitalize on the travel boom. The expansion includes a joint venture with DLF Ltd. in India, aiming to open 75 hotels in five years.
Indians are expected to invest SGD 150 million in Singapore real estate by FY 08-09 end. Land Solutions plans a ₹10,000 crore SEZ in Hyderabad.