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Real Estate

Updates on funding, policy changes, market trends, and developments driving the real estate industry in India.

Piramal Finance invests $156 mn across Rustomjee's projects

Infrastructure

21 August, 2017

Piramal Finance invests $156 mn across Rustomjee's projects

Piramal Finance Ltd (PFL), a subsidiary of Piramal Enterprises Ltd, has invested Rs 1,000 crore ($156 million) in a bunch ......

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IL&FS PE takes massive haircut in hotel project

Infrastructure

16 August, 2017

IL&FS PE takes massive haircut in hotel project

A realty fund managed by IL&FS private equity has exited its over nine-year-old investment in a hospitality project in Kolkata ......

Phoenix Mills-CPPIB retail platform buys Pune land parcel for $24 mn

Infrastructure

14 August, 2017

Phoenix Mills-CPPIB retail platform buys Pune land parcel for $24 mn

Island Star Mall Developers Pvt. Ltd, a strategic investment platform owned by real estate developer The Phoenix Mills Ltd and ......

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Milestone Capital buys Pune commercial property

Infrastructure

10 August, 2017

Milestone Capital buys Pune commercial property

Homegrown real estate-focused private equity firm Milestone Capital has bought a commercial property in Pune for $25 million (about Rs ......

Logos Group, Assetz jointly float $400 mn logistics fund

Infrastructure

08 August, 2017

Logos Group, Assetz jointly float $400 mn logistics fund

Real estate developer Logos Group has set up a joint venture with Singapore-based Assetz Property Group to invest $400 million ......

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Karvy ties up with Landmark Capital for student housing fund

Infrastructure

03 August, 2017

Karvy ties up with Landmark Capital for student housing fund

Karvy Capital Ltd, the asset management arm of financial services firm Karvy Group, has tied up with Landmark Capital for ......

RMZ Corp in talks with CPPIB, Qatar Investment Authority to raise $1 bn

Infrastructure

02 August, 2017

RMZ Corp in talks with CPPIB, Qatar Investment Authority to raise $1 bn

Bengaluru-based real estate developer RMZ Corp is in talks with Canada Pension Plan Investment Board and Qatar Investment Authority to ......

Lodha Group revives IPO plan, eyes listing next year

Infrastructure

01 August, 2017

Lodha Group revives IPO plan, eyes listing next year

Mumbai-based developer Lodha Group is looking to file draft documents for an initial public offering with the capital markets regulator ......

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Godrej- and Piramal-backed holiday home maker Isprava to raise funding

Infrastructure

01 August, 2017

Godrej- and Piramal-backed holiday home maker Isprava to raise funding

Luxury home developer Isprava Vesta Pvt. Ltd, which is backed by industrialists Nadir Godrej and Anand Piramal, is planning to ......

IL&FS PE takes haircut in partial exit from DB Realty

Infrastructure

28 July, 2017

IL&FS PE takes haircut in partial exit from DB Realty

IL&FS Investment Managers Ltd, the private equity arm of Infrastructure Leasing & Financial Services Ltd, has partially exited its 10-year-old ......

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