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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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Australia'​s UGL looking to demerge real estate consultancy DTZ and list it on NYSE

Infrastructure

02 July, 2013

Australia'​s UGL looking to demerge real estate consultancy DTZ and list it on NYSE

UGL, the Australia-based infrastructure company which had acquired international real estate property consultants (IPC) DTZ in 2011, is looking to ......

Godrej Properties buys out HDFC PMS in two projects

Infrastructure

01 July, 2013

Godrej Properties buys out HDFC PMS in two projects

Godrej Properties Ltd has bought back the stake held by HDFC PMS in two of its residential projects located in ......

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Chennai-based VGN Developers raising close to $50M from Clearwater Capital, Piramal NBFC

Infrastructure

01 July, 2013

Chennai-based VGN Developers raising close to $50M from Clearwater Capital, Piramal NBFC

VGN Developers, which has recently marked two large-sized land acquisitions in its home market Chennai, has struck a deal to ......

RBI carves out new sub-sector for lending to residential housing within integrated projects

Infrastructure

21 June, 2013

RBI carves out new sub-sector for lending to residential housing within integrated projects

The Reserve Bank of India (RBI) has carved out a separate sub-sector called ‘residential housing’ under the commercial real estate ......

GIC, Temasek, Oman to invest in HDFC property fund

Infrastructure

02 July, 2013

GIC, Temasek, Oman to invest in HDFC property fund

The Government of Singapore Investment Corp (GIC), investment firm Temasek and Oman's State General Reserve Fund have committed to invest ......

Blackstone to acquire HCC's 247 Park for $169M

Infrastructure

21 June, 2013

Blackstone to acquire HCC's 247 Park for $169M

Private equity major Blackstone, which has been active in striking large-sized realty deals in the country, has signed a term ......

UK's financial regulator fines Indian origin realty broker Gurpreet Singh Chadda

Infrastructure

19 June, 2013

UK's financial regulator fines Indian origin realty broker Gurpreet Singh Chadda

The Financial Conduct Authority (FCA), the financial regulator in the UK, has banned and fined rent back arranger Gurpreet Singh ......

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Shriram Properties looking to close Gateway SEZ transaction in next 3 months

Infrastructure

19 June, 2013

Shriram Properties looking to close Gateway SEZ transaction in next 3 months

Shriram Properties, the Bangalore-based real estate arm of the Rs 60,000 crore Shriram Group, is expected to close the Shriram ......

Bhartiya Group buys back IL&FS PE in Bangalore project for $55.3M, gives 2.2x exit

Infrastructure

20 June, 2013

Bhartiya Group buys back IL&FS PE in Bangalore project for $55.3M, gives 2.2x exit

Bhartiya Urban Infrastructure and Land Development Company, the real estate development arm of the Bhartiya Group, has acquired the stake ......

Avenue Venture investing $9.5M in Chennai-based real estate firm Casa Grande

Infrastructure

17 June, 2013

Avenue Venture investing $9.5M in Chennai-based real estate firm Casa Grande

Mumbai-based Avenue Venture Real Estate Fund, managed by Avenue Venture Partners LLP, is investing Rs 55 crore ($9.54 million) in ......

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