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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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Reliance AIF raises $79M for maiden realty fund, backs project of Chennai-based BBCL

Infrastructure

31 March, 2015

Reliance AIF raises $79M for maiden realty fund, backs project of Chennai-based BBCL

Reliance AIF Asset Management Co, a subsidiary of Reliance Capital Asset Management (RCAM), has raised over Rs 500 crore ($79 ......

Piramal backs Omkar's luxury project 1973 Worli with $190M debt funding

Infrastructure

30 March, 2015

Piramal backs Omkar's luxury project 1973 Worli with $190M debt funding

Piramal Fund Management, the real estate investment platform of Piramal Enterprises, has invested Rs 1,200 crore ($191 million) in Omkar ......

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Essel Finance backs three projects of Maple's affordable housing arm

Infrastructure

24 March, 2015

Essel Finance backs three projects of Maple's affordable housing arm

Essel Finance Advisors and Managers (EFAM), the realty focused private equity investment arm of Essel Finance, has invested Rs 40 ......

Cabinet to decide fate of land Ordinance: Jaitley

Infrastructure

25 March, 2015

Cabinet to decide fate of land Ordinance: Jaitley

The suspense over fate of the Ordinance that amended the Land Acquisition Act continued on Wednesday, with Indian Finance Minister ......

MT Educare sells its Mangalore campus for around $8.8M, leases back to go asset light

Infrastructure

23 March, 2015

MT Educare sells its Mangalore campus for around $8.8M, leases back to go asset light

Mumbai-based education service firm MT Educare Ltd (MTEL) has completed the sale and leaseback of its Mangalore Pre-University (PU) Campus ......

PVR ties up with North-based realtor Vatika for jointly developing multiplexes

Infrastructure

18 March, 2015

PVR ties up with North-based realtor Vatika for jointly developing multiplexes

PVR Ltd, the country's largest multiplex chain operator, has joined hands with North-based real estate group Vatika to jointly develop ......

Motilal Oswal PE invests $18M in Rajesh Lifespaces' Powai project

Infrastructure

17 March, 2015

Motilal Oswal PE invests $18M in Rajesh Lifespaces' Powai project

Motilal Oswal Real Estate (MORE), the real estate investment arm of Motilal Oswal Private Equity, has invested Rs 113 crore ......

SAT says DLF resorted to sham deals, but cuts SEBI's mkt ban from 3 years to 6 months

Infrastructure

13 March, 2015

SAT says DLF resorted to sham deals, but cuts SEBI's mkt ban from 3 years to 6 months

The Securities Appellate Tribunal (SAT) has upheld capital market regulator SEBI's finding that the country's top listed realtor DLF resorted ......

SC terms 'unacceptable' out-of-turn listing of DLF plea

Infrastructure

18 March, 2015

SC terms 'unacceptable' out-of-turn listing of DLF plea

The Supreme Court has termed as "unacceptable" the out-of-turn listing of an appeal of real estate major DLF Ltd against ......

ASK Group exits two residential projects in Pune for $23M, scores 2x

Infrastructure

11 March, 2015

ASK Group exits two residential projects in Pune for $23M, scores 2x

ASK Group, a privately held financial services group which has a real estate investment platform, has exited from two residential ......

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