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Real Estate

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

Royal Orchid Hotels plans to sell Hyderabad property

Infrastructure

28 October, 2013

Royal Orchid Hotels plans to sell Hyderabad property

Bangalore-based Royal Orchid Hotels Ltd, which owns and operates midscale and upper midscale hotels and resorts, plans to sell its ......

Investors and developers including DLF preparing for asset-backed property bonds

Infrastructure

25 October, 2013

Investors and developers including DLF preparing for asset-backed property bonds

Indian property firms, including DLF Ltd, are gearing up to sell the country's first bonds backed by rental income from ......

Mumbai realtors jack up prices of new properties even as sales hit a trough

Infrastructure

22 October, 2013

Mumbai realtors jack up prices of new properties even as sales hit a trough

If there is one market which defies principal of economics it’s Mumbai, the country’s top property market by value. The ......

PVR to sell Anupam multiplex property in Delhi for $8.5M, enters into lease-back agreement

Real Estate

18 October, 2013

PVR to sell Anupam multiplex property in Delhi for $8.5M, enters into lease-back agreement

The country’s largest multiplex chain operator PVR Ltd has entered into an agreement for the sale of its Anupam ......

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Bangalore-based Lalit Gangadhar Constructions looking to raise $8M, to give exit to Kotak Realty Fund

Infrastructure

17 October, 2013

Bangalore-based Lalit Gangadhar Constructions looking to raise $8M, to give exit to Kotak Realty Fund

Lalit Gangadhar Constructions Pvt Ltd (LGCL), a Bangalore-based realty company promoted by Girish Puravankara, is looking to raise close to ......

Phoenix Mills buys out IL&FS Financial's stake in Kurla project

Infrastructure

17 October, 2013

Phoenix Mills buys out IL&FS Financial's stake in Kurla project

Mumbai-based realtor The Phoenix Mills Ltd has bought out IL&FS’ stake in one of its associate company. The firm has ......

Landmark exits Wave Group project for $56M, pockets over 3x on its investment

Infrastructure

21 October, 2013

Landmark exits Wave Group project for $56M, pockets over 3x on its investment

Delhi-based real estate investment firm Landmark Holdings has exited its investment in Wave Group’s 4,500 acre Hi Tech City project ......

SEBI floats draft norms for allowing REITs in India

Infrastructure

10 October, 2013

SEBI floats draft norms for allowing REITs in India

Market regulator Securities & Exchange Board of India (SEBI) is looking to allow real estate investment trusts (REIT) in India ......

Red Fort Capital commits $163M for Lotus Greens' projects

Infrastructure

11 October, 2013

Red Fort Capital commits $163M for Lotus Greens' projects

Real estate dedicated private equity firm Red Fort Capital Advisors Pvt Ltd has committed to invest Rs 1,000 crore ($163 ......

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Xander initiates negotiations with Tishman Speyer to sell IT Park in Chennai

Infrastructure

04 October, 2013

Xander initiates negotiations with Tishman Speyer to sell IT Park in Chennai

Global investment firm The Xander Inc’s private equity arm is in negotiations with property firm Tishman Speyer to sell off ......

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