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