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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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Chennai-based developer Greata looking to raise $8M from private investors

Infrastructure

15 January, 2015

Chennai-based developer Greata looking to raise $8M from private investors

Chennai-based realtor Greata Enterprises and Developers is looking to raise Rs 50 crore ($8 million) from real estate focused private ......

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Motilal Oswal PE invests $14M in Shriram Properties' Bangalore project Greenfield

Infrastructure

13 January, 2015

Motilal Oswal PE invests $14M in Shriram Properties' Bangalore project Greenfield

Motilal Oswal Real Estate (MORE), the real estate investment arm of Motilal Oswal Private Equity, has invested Rs 85 crore ......

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Milestone's apartment bulk-buying deal with Assotech falls through

Infrastructure

08 January, 2015

Milestone's apartment bulk-buying deal with Assotech falls through

Real estate-focused private equity firm Milestone Capital's proposed apartment bulk-buying deal with North-based developer Assotech Limited has been called off, ......

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Essel backs three realty projects of Unicon, gets commitment of $16M for domestic fund

Infrastructure

07 January, 2015

Essel backs three realty projects of Unicon, gets commitment of $16M for domestic fund

Essel Financial Advisors and Managers (EFAM), the realty focused private equity investment arm of Essel Finance, has invested Rs 55 ......

Brick Eagle co-founder floats separate affordable housing development firm

Infrastructure

07 January, 2015

Brick Eagle co-founder floats separate affordable housing development firm

Prabhat Ranjan, one of the two co-founders of real estate dedicated investment firm cum developer Brick Eagle, has floated a ......

Ansal Properties' CFO Lalit Rustagi quits

Infrastructure

02 January, 2015

Ansal Properties' CFO Lalit Rustagi quits

Realty firm Ansal Properties & Infrastructure's Chief Financial Officer (CFO) Lalit Rustagi has quit the company.Sunil Gupta will be the ......

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IL&FS PE exiting The Phoenix Mills' Bangalore residential project

Infrastructure

31 December, 2014

IL&FS PE exiting The Phoenix Mills' Bangalore residential project

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

Ascendas to buy phase II of Pune IT SEZ BlueRidge for up to $100M

Infrastructure

30 December, 2014

Ascendas to buy phase II of Pune IT SEZ BlueRidge for up to $100M

Ascendas India Trust (a-iTrust), an Indian property trust managed by Singapore-based Ascendas Property Fund Trustee Private Limited, has inked a ......

Cabinet amends land acquisition norms through ordinance

Infrastructure

29 December, 2014

Cabinet amends land acquisition norms through ordinance

The Union Cabinet, chaired by the Prime Minister Narendra Modi, has approved certain amendments in the land acquisition norms, which ......

SUN-Apollo exits Gurgaon residential project Godrej Summit

Infrastructure

29 December, 2014

SUN-Apollo exits Gurgaon residential project Godrej Summit

Godrej Projects Development Private Limited (GPDPL), a subsidiary of Mumbai-based listed realty major Godrej Properties Ltd, has bought back 49 ......

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