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Real Estate

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

Kotak Raises $295M In Indian Realty Fund

Infrastructure

09 January, 2009

Kotak Raises $295M In Indian Realty Fund

India's Kotak Mahindra Bank's realty arm has raised $295 million private equity fund from offshore clients to invest in Indian ......

Singapore's ARA Plans To Launch $500 Mn India Property Fund

Infrastructure

06 January, 2009

Singapore's ARA Plans To Launch $500 Mn India Property Fund

Singapore's property fund manager ARA Asset Management(partly owned by Hong Kong business tycoon Li Ka-Shing who earlier sold his stake ......

Singapore's Changi Airport International Buys 26% In Durgapur Aerotrop

Infrastructure

06 January, 2009

Singapore's Changi Airport International Buys 26% In Durgapur Aerotrop

Singapore's Changi Airport International Pte has acquired a 26% stake in Bengal Aerotropolis Projects Ltd (BAPL), who is developing India's ......

SBI Picks Up 20% Stake In Hospitality Firm Mayfair

Infrastructure

05 January, 2009

SBI Picks Up 20% Stake In Hospitality Firm Mayfair

India largest lender, State Bank of India (SBI), has picked up a 19.7% stake in Orissa-based Mayfair Hotels and Resorts ......

India Hospitality Corp. Posts $5.4 Mn Loss; Gets New CEO, COO

Infrastructure

02 January, 2009

India Hospitality Corp. Posts $5.4 Mn Loss; Gets New CEO, COO

AIM-listed blank check firm India Hospitality Corp. (IHC) has announced a loss attributable to shareholders of $5.44 million or $0.20 ......

Pune's Kumar Builders Raises PE funding of Rs 239 crore

Infrastructure

23 December, 2008

Pune's Kumar Builders Raises PE funding of Rs 239 crore

Kumar Builders, a leading real estate group in Pune, has received private equity investments worth Rs 239 crore for two of ......

Unitech To Raise Rs 5,000 Cr

Infrastructure

22 December, 2008

Unitech To Raise Rs 5,000 Cr

India's second largest real estate firm Unitech, which is having trouble meeting debt payments, is planning to raise Rs 5,000 ......

Satyam Buys 100% In Maytas Properties & 51% In Maytas Infra

Infrastructure

16 December, 2008

Satyam Buys 100% In Maytas Properties & 51% In Maytas Infra

Desperate times call for desperate actions. India's fourth largest IT services firm Satyam Computer is acquiring 100% stake in Hyderabad-based ......

Sabeer Bhatia's Nano City May Get Delayed By A Year; Courting PE Firms

Infrastructure

16 December, 2008

Sabeer Bhatia's Nano City May Get Delayed By A Year; Courting PE Firms

Sabeer Bhatia (who made his fortunes selling Hotmail to Microsoft) is now negotiating with private equity firms to raise funds ......

"Private Equity Will See More Of Controlled Transactions In Future"

Real Estate

15 December, 2008

"Private Equity Will See More Of Controlled Transactions In Future"

At a time when fundraising is extremely difficult, IL&FS Investment Advisors, a 100% subsidiary of IL&FS Investment Managers Limited (IIML) announced ......

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