Real Estate
Updates on funding, policy changes, market trends, and developments driving the real estate industry in India.
Infrastructure
Blackstone in final leg to buy Unitech in its SEZ & IT Park JV for $220M
Unitech Ltd is close to selling its 40 per cent stake in the special purpose vehicle (SPV) with Unitech Corporate ......
Infrastructure
Phoenix Mills buys out Everstone Capital's realty fund in Bangalore project for $12M
Public listed realty firm Phoenix Mills Ltd is buying out Everstone Capital’s real estate fund from its market city development ......
Infrastructure
Portman Holdings invests $12M in Tata Housing's Bangalore residential project
Tata Housing Development Company, a privately held subsidiary of the group holding entity Tata Sons Ltd, has raised its first ......
Infrastructure
IFC may invest in Jerry Rao's Value & Budget Housing
International Finance Corporation, the private investment arm of World Bank, is looking to pick up stake in Value & Budget ......
Infrastructure
DLF Q2 net profit more than halves, says worst is behind it
DLF Ltd, which has managed to reduce its debt thanks to a big- ticket Mumbai land sale deal with Lodha ......
Infrastructure
SUN-AREA Property Partners files special leave petition against Rustomjee at Supreme Court
SUN-AREA Property Partners (formerly SUN-Apollo) has filed a special leave petition against Mumbai-based property developer Rustomjee at the Supreme Court. ......
Infrastructure
Sun-Apollo invests $9.2M in Sobha Developer's residential project
Bangalore-based Sobha Developers Ltd has raised $9.2 million (Rs 50 crore) from Sun-AREA property partners (Sun-Apollo India Real Estate fund) ......
Infrastructure
Bombay HC dismisses SUN-AREA's appeal against CLB order in Rustomjee case; PE firm approaches SC
The Bombay High Court has dismissed an appeal by real estate dedicated private equity firm SUN-AREA Property Partners (formerly SUN-Apollo) ......
Infrastructure
Air India receives four bids from property consultants for $900M monetisation plan
Air India, the financially strapped state-owned carrier which is looking to raise Rs 5,000 crore ($900 million) through monetisation of ......
Infrastructure
Railway Land Development Authority looking to raise over $1B by 2015 from land parcels across India
Railway Land Development Authority (RLDA), a statutory authority under the Ministry of Railways, is looking to raise close to Rs ......
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