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Real Estate

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

Godrej Properties buys prime land parcel in Delhi for housing project

Infrastructure

17 February, 2020

Godrej Properties buys prime land parcel in Delhi for housing project

Real estate developer Godrej Properties Ltd has bought a land parcel in Central Delhi’s Ashok Vihar locality for Rs 1,359...

Vatika Group pulls in $85 mn from Goldman Sachs for office, hotel arms

Infrastructure

14 February, 2020

Vatika Group pulls in $85 mn from Goldman Sachs for office, hotel arms

Global financial services giant Goldman Sachs has invested Rs 610 crore ($85 million at current exchange rates) through debt across...

New York Life to invest $12 mn in Max Group's Noida office project

Infrastructure

13 February, 2020

New York Life to invest $12 mn in Max Group's Noida office project

New York Life Insurance Company is taking a 49% stake in a Max Group unit that’s building an office project ......

RBI eases norms for commercial real estate developers

Infrastructure

06 February, 2020

RBI eases norms for commercial real estate developers

In an effort to help the real estate sector, the Reserve Bank of India on Thursday extended by a year ......

SoftBank's Kirthiga Reddy joins WeWork board

Infrastructure

06 February, 2020

SoftBank's Kirthiga Reddy joins WeWork board

Office sharing startup WeWork said on Thursday that Kirthiga Reddy, partner at SoftBank Investment Advisers since 2018, would...

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GIC emerges frontrunner for first big realty deal of the year in Bengaluru

Infrastructure

04 February, 2020

GIC emerges frontrunner for first big realty deal of the year in Bengaluru

Singapore sovereign wealth fund GIC has emerged as the front runner for a business park in Bengaluru, two people in ......

WeWork names Brookfield exec Sandeep Mathrani as CEO

Infrastructure

03 February, 2020

WeWork names Brookfield exec Sandeep Mathrani as CEO

SoftBank-backed office sharing firm WeWork named real estate industry veteran Sandeep Mathrani as its new chief executive on Saturday. Mathrani...

Indiabulls to take over some Embassy projects in Blackstone-backed deal

Infrastructure

31 January, 2020

Indiabulls to take over some Embassy projects in Blackstone-backed deal

IndiaBulls Real Estate Ltd said on Friday it will merge with itself some housing and office projects of Embassy Property ......

Bengaluru developer RMZ ties up with Japan's Mitsui for $1 bn JV

Infrastructure

30 January, 2020

Bengaluru developer RMZ ties up with Japan's Mitsui for $1 bn JV

Bengaluru-based real estate firm RMZ Corp. has partnered Mitsui Fudosan Co. Ltd to set up an equal joint venture of ......

BK Birla group firm Jay Shree Tea to sell two of its African estates

Infrastructure

17 January, 2020

BK Birla group firm Jay Shree Tea to sell two of its African estates

Jay Shree Tea & Industries Ltd, a BK Birla group firm, is disposing of two of the tea estates that ......

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