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Real Estate

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

Nazara founder, other angels curl into bunk beds at hostel chain GoStops

Infrastructure

11 November, 2019

Nazara founder, other angels curl into bunk beds at hostel chain GoStops

GoStops, a hostel chain focused on young travellers, has raised an undisclosed sum from angel investors including Nitish Mittersain,...

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Will the govt's real estate fund ease the housing sector's pain?

Infrastructure

08 November, 2019

Will the govt's real estate fund ease the housing sector's pain?

The government’s decision to set up an investment fund to revive stalled housing projects will help improve supply and sentiment...

DLF ropes in new finance chief from GlaxoSmithKline

Infrastructure

08 November, 2019

DLF ropes in new finance chief from GlaxoSmithKline

Listed real estate developer DLF has roped in Vivek Anand from GlaxoSmithKline Consumer Healthcare as its new chief financial...

What led WeWork to accept SoftBank offer

Infrastructure

25 October, 2019

What led WeWork to accept SoftBank offer

Just a few months ago, WeWork’s co-founder Adam Neumann was being courted by Wall Street’s top investment bankers...

SoftBank to write down at least $5 bn for WeWork, Uber, other losses

Infrastructure

25 October, 2019

SoftBank to write down at least $5 bn for WeWork, Uber, other losses

SoftBank Group Corp is poised to write down at least $5 billion to account for a sharp drop in the value ......

WeWork plans to lay off nearly a third of global staff

Infrastructure

24 October, 2019

WeWork plans to lay off nearly a third of global staff

Office-sharing startup WeWork is planning to cut as many as 4,000 jobs as a part of a turnaround plan put ......

Brookfield finally checks in at Hotel Leelaventure, marking hospitality debut

Infrastructure

23 October, 2019

Brookfield finally checks in at Hotel Leelaventure, marking hospitality debut

After finalising the deal in March, Canada’s Brookfield Asset Management firm has completed its acquisition of Hotel Leelaventure...

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Debt unwinding to keep housing market weak next few years: Motilal Oswal's realty head

Infrastructure

22 October, 2019

Debt unwinding to keep housing market weak next few years: Motilal Oswal's realty head

At a time when fresh disbursements by non-banking financial companies (NBFCs) and housing finance firms have slowed down considerably, Motilal ......

SoftBank to skip WeWork's lease obligations with new funding lifeline

Infrastructure

21 October, 2019

SoftBank to skip WeWork's lease obligations with new funding lifeline

SoftBank Group Corp is attempting to become the majority owner of WeWork without assuming the onerous lease obligations of the...

Warburg Pincus-backed ESR relaunches larger Hong Kong IPO

Infrastructure

21 October, 2019

Warburg Pincus-backed ESR relaunches larger Hong Kong IPO

ESR Cayman Ltd, backed by private-equity firm Warburg Pincus, relaunched a bigger Hong Kong initial public offering (IPO) that...

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