Real Estate
Updates on funding, policy changes, market trends, and developments driving the real estate industry in India.
Infrastructure
Wells Fargo folding realty investment unit in India
American banking giant Wells Fargo is shutting its real estate investment unit in India, three independent sources privy to the ......
Infrastructure
Red Fort Capital invests $57M in township project of Lotus Greens Developers
Real estate dedicated private equity firm Red Fort Capital has invested Rs 365 crore ($57 million) in a Gurgaon-based project ......
Infrastructure
Godrej Properties raises $110M in rights issue
Godrej Properties, the real estate arm of Godrej Industries, has successfully closed its rights issue on Wednesday, sources told VCCircle. ......
Infrastructure
RBI clamps down on banks doling out upfront disbursement to property developers
Indian banking regulator Reserve Bank of India (RBI) has asked banks to stop rolling out upfront disbursement to developers in ......
Infrastructure
Mahindra Lifespace looking to raise up to $60M through QIP
Mahindra Lifespace Developers Ltd, the realty arm of Mahindra and Mahindra Group, has sought shareholders’ approval to raise close to ......
Infrastructure
Blackstone, Panchshil Realty in talks to jointly buy ICICI Venture's stake in Express Towers
Private equity firm Blackstone has joined hands with Pune-based realtor Panchshil Realty to initiate talks for buying 49 per cent ......
Infrastructure
RPG Cables looking to raise $33.5M from Mumbai land sale
RPG Cables Ltd, a division of the KEC International Ltd, is looking to sell its 7.5 acre land parcel at ......
Infrastructure
Parsvnath pays $77M as third tranche to RLDA to develop 38-acre railway land
Delhi-based realty major Parsvnath Group has paid Rs 500.86 crore ($77 million) to Rail Land Development Authority (RLDA) a part ......
Infrastructure
PE investments in real estate rise 47% to $1.4B during Jan-July 2013; volume remains almost flat
A few large private equity investments in the real estate sector have pulled up overall quantum of funding for the ......
Infrastructure
Lok Sabha passes land acquisition bill
The Lok Sabha approved land reforms on Thursday that boost farmers' rights but are opposed by other businesses who say ......
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