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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 invests $16M in Fortuna's Bangalore project Viva

Infrastructure

14 November, 2014

Reliance AIF invests $16M in Fortuna's Bangalore project Viva

Bangalore-based developer Fortuna Projects has raised Rs 100 crore ($16 million) from Reliance AIF, a top company executive told VCCircle. ......

Land act amendments: Law minister rules out ordinance route

Infrastructure

19 November, 2014

Land act amendments: Law minister rules out ordinance route

There is proposal for amendments to the Land Acquisition Act, Law Minister D V Sadananda Gowda said today, while ruling ......

Govt relaxes norm on purchase, sale of leasehold properties

Infrastructure

14 November, 2014

Govt relaxes norm on purchase, sale of leasehold properties

In a major relief, the Delhi government has lifted restriction on sale of leasehold properties which will benefit lakhs of ......

Despite SEBI ban from securities market, DLF readies plan for REITs

Infrastructure

14 November, 2014

Despite SEBI ban from securities market, DLF readies plan for REITs

India's largest realty company DLF plans to launch the Real Estate Investment Trusts (REITs) next year to monetise its commercial ......

IFC may lend $30M to part-fund Shapoorji Pallonji's affordable housing platform

Infrastructure

14 November, 2014

IFC may lend $30M to part-fund Shapoorji Pallonji's affordable housing platform

International Finance Corporation (IFC), the private sector investment arm of the World Bank, may lend up to $30 million (over ......

Motilal Oswal PE exiting Godrej Properties' Bangalore project

Infrastructure

12 November, 2014

Motilal Oswal PE exiting Godrej Properties' Bangalore project

Mumbai-based public listed developer Godrej Properties is buying back 49.90 per cent stake in its subsidiary Godrej Buildwell Private Ltd ......

Amplus Capital invests $6M in North Bangalore project of Jain Heights

Infrastructure

11 November, 2014

Amplus Capital invests $6M in North Bangalore project of Jain Heights

Real Estate focused private equity firm Amplus Capital Advisors has backed an upcoming residential project of Bangalore-based developer Jain Heights, ......

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Improved sentiment has not translated into sales for real estate: Pirojsha Godrej

Real Estate

10 November, 2014

Improved sentiment has not translated into sales for real estate: Pirojsha Godrej

Public-listed real estate arm of the Godrej Group, Godrej Properties, is the fifth-largest realty firm in the country by market ......

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Mumbai-based developer Shree Sai looking to raise $33M

Infrastructure

07 November, 2014

Mumbai-based developer Shree Sai looking to raise $33M

Mumbai-based mid-market real estate developer Shree Sai Developers & Builders is looking to raise $33 million (Rs 200 crore) from ......

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Gurgaon developer ILD in advanced talks to raise $33M for Sohna project

Infrastructure

05 November, 2014

Gurgaon developer ILD in advanced talks to raise $33M for Sohna project

Gurgaon-based realty player International Land Developers (ILD) is in advanced stage of discussion to raise Rs 200 crore ($32.6 million) ......

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