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Real Estate

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

Sahara group sells Gurgaon land to M3M India for $195M

Infrastructure

04 December, 2014

Sahara group sells Gurgaon land to M3M India for $195M

As it tries to raise funds for securing release of chief Subrata Roy from Tihar jail, Sahara group on Thursday ......

Government notifies new norms for FDI in real estate, investors can now exit earlier

Infrastructure

04 December, 2014

Government notifies new norms for FDI in real estate, investors can now exit earlier

To help attract foreign funds in construction of townships, hospitals and hotels, the government today relaxed FDI policy for this ......

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Piramal invests $16M across two projects of Skylark in Bangalore

Infrastructure

27 November, 2014

Piramal invests $16M across two projects of Skylark in Bangalore

Piramal Fund Management, the real estate private equity arm of Piramal Group, has invested Rs 100 crore ($16 million) across ......

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Taxation issue makes REITs a non-starter but firms prepare groundwork

Infrastructure

21 November, 2014

Taxation issue makes REITs a non-starter but firms prepare groundwork

Six years after first issuing the draft guidelines for allowing companies float Real Estate Investment Trust (REIT), capital market regulator ......

Supertech raises $44M from Indiabulls Housing

Infrastructure

24 November, 2014

Supertech raises $44M from Indiabulls Housing

Realty firm Supertech has raised Rs 275 crore from Indiabulls Housing Finance for construction of its ongoing projects in Noida.The ......

Rajeswari Infra looks to tap onto new FDI window to raise $5M for Chennai project

Infrastructure

21 November, 2014

Rajeswari Infra looks to tap onto new FDI window to raise $5M for Chennai project

Chennai-based small public listed realtor Rajeswari Infrastructure Ltd is looking to raise $5 million (Rs 31 crore) through foreign direct ......

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Reliance AIF, IndoStar Capital put in $32M in Alliance's Chennai project

Infrastructure

20 November, 2014

Reliance AIF, IndoStar Capital put in $32M in Alliance's Chennai project

Bangalore-headquartered real estate player Alliance Infrastructure Projects Pvt Ltd has raised Rs 200 crore ($32 million) from Reliance AIF Asset ......

Suitors line up for Sahara's luxury asset Plaza Hotel, but is it looking to sell?

Infrastructure

20 November, 2014

Suitors line up for Sahara's luxury asset Plaza Hotel, but is it looking to sell?

New York’s famed Plaza Hotel, which is currently majority owned by privately held Indian diversified business house Sahara Group, has ......

Lavasa Corp's president & CEO Uttam Dave steps down within a month

Infrastructure

19 November, 2014

Lavasa Corp's president & CEO Uttam Dave steps down within a month

President and chief executive officer of Lavasa Corporation Ltd, Uttam Dave has stepped down from his position just after joining ......

Indiabulls buys office park in Chennai for close to $100M

Infrastructure

19 November, 2014

Indiabulls buys office park in Chennai for close to $100M

Indiabulls Distribution Services Ltd, a subsidiary of Indiabulls Securities Ltd, has bought a commercial complex measuring 10 acres in Chennai ......

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