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Real Estate

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

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Kotak Realty Fund exits Parsvnath's Sohna Road project

Infrastructure

13 April, 2015

Kotak Realty Fund exits Parsvnath's Sohna Road project

Kotak Investment Advisors, the alternative assets arm of Kotak Mahindra Bank, has exited its almost three-year-old investment in a proposed ......

Blackstone and Wells Fargo ink $23B deal to buy bulk of GE's realty loans portfolio

Infrastructure

10 April, 2015

Blackstone and Wells Fargo ink $23B deal to buy bulk of GE's realty loans portfolio

In one of the biggest deals in commercial real estate globally, the world's top alternative assets manager Blackstone and American ......

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Chennai realtor VGN raises $107M from Piramal, Edelweiss; eyes bulk apartment deal

Infrastructure

10 April, 2015

Chennai realtor VGN raises $107M from Piramal, Edelweiss; eyes bulk apartment deal

Chennai-based privately held real estate developer VGN has raised Rs 670 crore ($107 million) from Piramal Capital, the financial services ......

Indian Hotels to buy remaining 80% stake in Mumbai's Sea Rock Hotel property

Infrastructure

09 April, 2015

Indian Hotels to buy remaining 80% stake in Mumbai's Sea Rock Hotel property

Tata Group’s flagship hospitality firm and India’s largest hotel chain operator Indian Hotels Company Ltd (IHCL), which runs its operations ......

Office space absorption in India drop 22% in first quarter of 2015: CBRE

Infrastructure

08 April, 2015

Office space absorption in India drop 22% in first quarter of 2015: CBRE

The first quarter of 2015 has started on a slow note with total office space take up at around 5 ......

Cabinet brings commercial properties under the regulatory ambit with new norms

Infrastructure

08 April, 2015

Cabinet brings commercial properties under the regulatory ambit with new norms

In a bid to enhance transparency and fair play in real estate, the government approved proposed amendments to Real Estate ......

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Ramprastha puts some land assets in Gurgaon on the block

Infrastructure

07 April, 2015

Ramprastha puts some land assets in Gurgaon on the block

North-based privately held real estate developer Ramprastha Group is looking to raise funds through asset sale and has put as ......

Century Real Estate drops IPO plans, raises around $26.5M via NCDs to develop projects

Infrastructure

06 April, 2015

Century Real Estate drops IPO plans, raises around $26.5M via NCDs to develop projects

Bangalore-based private realtor Century Real Estate has postponed its plans of an initial public offer to raise around Rs 1,000 ......

Property consultancy Jones Lang LaSalle adds infrastructure to advisory mandate in India

Infrastructure

06 April, 2015

Property consultancy Jones Lang LaSalle adds infrastructure to advisory mandate in India

Property consultancy firm Jones Lang LaSalle India has launched a dedicated infrastructure services vertical, making it the first among its ......

Amplus Realty exits Assetz's Bangalore residential project Lumos with 2x

Infrastructure

06 April, 2015

Amplus Realty exits Assetz's Bangalore residential project Lumos with 2x

Real estate-focused private equity firm Amplus Capital Advisors has exited its over two-year-old investment in a residential project of Singapore-headquartered ......

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