Exploring factors impacting the real estate market, with a focus on the mid-market residential segment's recovery and the shift towards affordable housing.
DIPP and RBI to meet over Lehman's $500M Indian real estate assets, exploring rules for repatriation of funds due to foreign investor bankruptcy.
Lehman Brothers' bankruptcy may cost Indian real estate $1 billion, impacting investments in firms like DLF and Unitech, and exacerbating the credit crisis for Indian developers.
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.
DLF Assets raises $450m from Symphony Capital, to partly pay off debt to DLF Ltd.