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Real Estate

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

AIM-listed Hirco Raises $19M Through Fresh Issue

Infrastructure

06 June, 2011

AIM-listed Hirco Raises $19M Through Fresh Issue

Hirco plc, the AIM-listed investment vehicle for Mumbai-based property builder Hiranandani, is raising a little over $19 million (£12 million) ......

AIM-listed Mortice Appoints Vaibhav Dayal As New Executive Director

Infrastructure

06 June, 2011

AIM-listed Mortice Appoints Vaibhav Dayal As New Executive Director

Mortice Limited, the AIM-listed security and facility management company has appointed Vaibhav Dayal as its additional Executive Director.With nearly 18 years of ......

Unitech's FY11 Profit Falls 16%

Infrastructure

30 May, 2011

Unitech's FY11 Profit Falls 16%

Unitech, India's second-biggest listed real estate company, has missed estimates with a 16 per cent fall in annual net profit, ......

DLF To Cut Debt; Eyes $2B From Non-Core Asset Sales

Infrastructure

25 May, 2011

DLF To Cut Debt; Eyes $2B From Non-Core Asset Sales

The country’s largest realty firm DLF Ltd has more than doubled its targeted non-core asset divestment plan for the current ......

India Poised For $5B Wave Of PE Exits From Property-Nomura

Infrastructure

20 May, 2011

India Poised For $5B Wave Of PE Exits From Property-Nomura

Private equity investors are poised to exit roughly $5 billion worth of Indian real estate investments in the next two ......

Indiareit in Talks to Sell Pune SEZ Stake For Rs 500 Cr

Infrastructure

18 May, 2011

Indiareit in Talks to Sell Pune SEZ Stake For Rs 500 Cr

 Indian property fund Indiareit Fund Advisors, backed by UK private equity firm 3i Group Plc and controlled by industrialist Ajay ......

ASK Real Estate Puts Rs 50Cr Into Chennai SPV

Infrastructure

27 April, 2011

ASK Real Estate Puts Rs 50Cr Into Chennai SPV

ASK Real Estate Special Opportunities Portfolio 1, a realty-focused private equity fund, has invested Rs 50 crore in a company ......

Warburg Pincus, Lemon Tree In Rs 1,400 Cr JV For Affordable Housing

Infrastructure

25 April, 2011

Warburg Pincus, Lemon Tree In Rs 1,400 Cr JV For Affordable Housing

Leading private equity firm Warburg Pincus is increasing its real estate exposure in India. The PE firm has joined hands ......

Red Fort Capital Backs Two Residential Projects in Delhi-NCR

Infrastructure

19 April, 2011

Red Fort Capital Backs Two Residential Projects in Delhi-NCR

Real estate investment firm Red Fort Capital has invested an undisclosed amount in two residential projects in the Delhi-National Capital ......

Real Estate Site Groffr To Raise Rs 2-3Cr From Angels

Infrastructure

15 April, 2011

Real Estate Site Groffr To Raise Rs 2-3Cr From Angels

Mumbai-based RCSPL, which owns real estate group buying portal GrOffr.com, is set to raise Rs 2-3 crore from angel investors. ......

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