Brigade Enterprises to raise ₹750cr via FCCBs, ADRs, or GDRs for land acquisition, debt clearance, and more.
Indian companies are less interested in listing on London's AIM due to the global IPO slowdown and poor performance of some real estate companies, though experts predict improvement with market revival.
Indian real estate market slump impacts London's AIM-listed property funds, with negative returns and decreased market capitalization for developers like Unitech and Hirco.
Indiabulls Real Estate gets High Court approval to acquire 100% of Dev Development Property for $270 million.
Indiabulls Real Estate will acquire Dev Property in a £138 million share-swap deal, expanding its presence in the booming Indian real estate market.