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Real Estate

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

Kotak Realty Fund To Exit 2 IT Park Investments

Infrastructure

16 September, 2010

Kotak Realty Fund To Exit 2 IT Park Investments

Recovery in the real estate sector is making way for private equity exits in this space.  Kotak Realty Funds Group ......

Jerry Rao's Housing Venture Raises 2nd Round From IFIF

Infrastructure

14 September, 2010

Jerry Rao's Housing Venture Raises 2nd Round From IFIF

Value and Budget Housing Corporation, the low-cost housing venture backed by Indian IT poster boy Jerry Rao (founder of Mphasis ......

ASK Realty Fund Invests Rs 50Cr In ATS Group's Noida Project

Infrastructure

13 September, 2010

ASK Realty Fund Invests Rs 50Cr In ATS Group's Noida Project

ATS Group’s "One Hamlet" project has raised Rs 50 crore ($11 million) from ASK Real Estate - Special Opportunities Portfolio ......

Brahma Management Strikes Rs 650Cr Land Deal For Gurgaon Township

Infrastructure

13 September, 2010

Brahma Management Strikes Rs 650Cr Land Deal For Gurgaon Township

New York-based Brahma Management, an India-focused investment firm managing assets of over $500 million, is scaling up its real estate ......

Pelican Realty Ventures Raises Rs 20Cr From Milestone Capital

Infrastructure

13 September, 2010

Pelican Realty Ventures Raises Rs 20Cr From Milestone Capital

Chennai-based real estate developer Pelican Group has raised Rs 20 crore in private equity funding from Milestone Capital Advisors Ltd ......

Century Real Estate Raising Rs 200Cr From Kotak Via NCDs

Infrastructure

08 September, 2010

Century Real Estate Raising Rs 200Cr From Kotak Via NCDs

Kotak Mahindra Bank is subscribing to non-convertible debentures (NCDs) worth Rs 200 crore being issued by Bangalore-based Century Real Estate ......

DB Hospitality Exploring Up To $100M PE Fundraising

Infrastructure

08 September, 2010

DB Hospitality Exploring Up To $100M PE Fundraising

DB Hospitality Pvt Ltd, a Dynamix Balwas Group firm which owns and develops luxury hotel properties, is looking to raise ......

Israel's Elbit In Talks With K Raheja To Shed Stake In Realty Assets

Infrastructure

07 September, 2010

Israel's Elbit In Talks With K Raheja To Shed Stake In Realty Assets

Israeli billionaire Mordechai Zisser's Elbit is holding talks to offload majority interests in its Indian real estate investments as part ......

Reliance Capital To Invest In Action Construction Via Pref Issue

Infrastructure

06 September, 2010

Reliance Capital To Invest In Action Construction Via Pref Issue

Action Construction Equipment Ltd is planning to make a preferential allotment to Reliance Capital that will see the financial services ......

IDFC Bolsters Top Deck For Real Estate PE Play

Infrastructure

06 September, 2010

IDFC Bolsters Top Deck For Real Estate PE Play

Infrastructure Development Finance Company Ltd (IDFC) is bolstering its team for private equity foray in real estate by roping in ......

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