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Real Estate

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

DLF sells hotel assets to Kolkata-based consortium for $103M

Infrastructure

15 June, 2012

DLF sells hotel assets to Kolkata-based consortium for $103M

DLF, the largest realtor according to market capitalisation, has finally managed to sell off its hotel land parcels to a ......

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Debt mountain, spiralling costs rap realty sector

Infrastructure

08 June, 2012

Debt mountain, spiralling costs rap realty sector

As construction costs spiral and inventories pile up, realty sector profits and revenues are taking a jolt, with a mountain ......

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ICICI Venture raises $47M for second real estate fund

Infrastructure

06 June, 2012

ICICI Venture raises $47M for second real estate fund

ICICI Venture, which had launched its second real estate fund (India Advantage Fund Real Estate Series 2) two years ago ......

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Real estate industry still looking for triggers, turnaround possible after six months

Infrastructure

05 June, 2012

Real estate industry still looking for triggers, turnaround possible after six months

Real estate fund managers are facing a double whammy – investing in a sector with volatile price movements and facing ......

DLF sees no respite from debt overhang, PAT down 38.5% in Q4

Real Estate

31 May, 2012

DLF sees no respite from debt overhang, PAT down 38.5% in Q4

DLF Ltd, the country’s largest real estate developer by market cap, is not able to match its plans to deflate ......

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HDIL looking to sell off land assets to pare debt

Infrastructure

30 May, 2012

HDIL looking to sell off land assets to pare debt

Housing Development and Infrastructure Ltd (HDIL), the Mumbai-based real estate company headed by Sarang Wadhawan, is looking to sell off ......

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Walton Street Capital raises maiden India-focused realty fund

Infrastructure

30 May, 2012

Walton Street Capital raises maiden India-focused realty fund

Chicago-based real estate-focused private equity firm Walton Street Capital LLC  has raised around Rs 1,000 crore ($181 million) for its ......

Prestige Estates plans to launch 10M sq. ft. residential space in FY13

Infrastructure

29 May, 2012

Prestige Estates plans to launch 10M sq. ft. residential space in FY13

Bangalore-based realtor Prestige Estates Projects Ltd has earmarked plans to launch 10 million sq. ft. in the residential property segment ......

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ASK Property to invest up to $120M from second fund in next 6 months

Infrastructure

28 May, 2012

ASK Property to invest up to $120M from second fund in next 6 months

is looking to deploy close to Rs 500-650 crore ($90 million-$120 million) across four-five projects this year from its second ......

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Everstone Capital has no immediate plans for new real estate funds

Infrastructure

25 May, 2012

Everstone Capital has no immediate plans for new real estate funds

Private equity firm Everstone Capital is not planning to scale up its real estate fund business any time soon and ......

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