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Real Estate

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

Govt proposes to incorporate changes in controversial Land Acquisition Bill

Infrastructure

10 March, 2015

Govt proposes to incorporate changes in controversial Land Acquisition Bill

The government is all set to end the tussle over the contentious Land Acquisition Bill as it has proposed to ......

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ASF eyes over $200M in funding, to give exit to JP Morgan from Gurgaon IT SEZ

Infrastructure

10 March, 2015

ASF eyes over $200M in funding, to give exit to JP Morgan from Gurgaon IT SEZ

North-based private real estate developer ASF Infrastructure, which specialises in building IT parks and commercial buildings, is in advanced stage ......

Aditya Birla Realty Fund underwrites 75 Ozone apartments; realtor raising $130M more

Infrastructure

10 March, 2015

Aditya Birla Realty Fund underwrites 75 Ozone apartments; realtor raising $130M more

Bangalore-based real estate developer Ozone Group has raised Rs 145 crore ($21 million) from Aditya Birla Real Estate Fund through ......

Brick Eagle acquires affordable housing project TMC at Karjat

Infrastructure

04 March, 2015

Brick Eagle acquires affordable housing project TMC at Karjat

Brick Eagle Group Pvt Ltd, a financial services platform for the affordable housing industry, has acquired TMC (Tanaji Malusare City), ......

Avenue Venture Partners exits Assetz's project Marq with 33% IRR

Infrastructure

04 March, 2015

Avenue Venture Partners exits Assetz's project Marq with 33% IRR

Real estate-focused private equity firm Avenue Venture Partners has exited its two-year-old investment in a project of Singapore-headquartered realtor Assetz ......

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IL&FS PE exiting Kolkata IT SEZ with huge haircut

Infrastructure

04 March, 2015

IL&FS PE exiting Kolkata IT SEZ with huge haircut

IL&FS Investment Managers Ltd (IIML) or IL&FS PE, one of the country’s largest home-grown private equity firm by assets under ......

Opposition rejects amendments to land acquisition norms

Infrastructure

09 March, 2015

Opposition rejects amendments to land acquisition norms

Opposition in Lok Sabha today tore into the controversial Land Acquisition Bill, saying its "draconian" and "anti-poor" provisions would have ......

Hotel Leelaventure puts key hotel properties in Chennai and Goa on the block

Infrastructure

03 March, 2015

Hotel Leelaventure puts key hotel properties in Chennai and Goa on the block

Luxury hospitality player Hotel Leelaventure Ltd has invited Expression of Interest for sale of its hotel properties in Chennai and ......

Realty funds cheer clarity on tax pass-through status, REITs; developers disappointed

Infrastructure

28 February, 2015

Realty funds cheer clarity on tax pass-through status, REITs; developers disappointed

Finance Minister Arun Jaitley drew applause from real estate private equity community for clarifying two key taxation issues relating to ......

Loan recovery: SBI consortium takes over Kingfisher House

Infrastructure

25 February, 2015

Loan recovery: SBI consortium takes over Kingfisher House

Clamping down on Vijay Mallya-led UB Group to recover loans, a 17-bank consortium led by state-run SBI today took over ......

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