Latest Realty News

Unitech group's UCP gets bids up to Rs 2,700cr for Gurgaon SEZ
Aug 06, 2013
DELHI: Unitech BSE -3.17 % Corporate Parks, a Unitech group firm listed in London, has received bids of up to Rs 2,700 crore from six companies, including Blackstone, for sale of its IT Special economic Zone (SEZ) in Gurgaon.
Global PEs, sovereign, pension funds in race for Unitech SEZ
Aug 05, 2013
DELHI: Real estate investment company UnitechBSE -1.97 % Corporate Parks has shortlisted two global private equity funds, a sovereign wealth fund of Singapore and a Canadian pension fund to make second round of bids for its 3.6 million sq ft IT special economic zone in Gurgaon near Delhi.
DLF to cut debt by Rs 4,000 cr in FY'14 as targeted
Aug 04, 2013
DELHI: India's largest realty firm DLF will cut debt by about Rs 4,000 crore this fiscal as targeted even if the company is unable to close the USD 300 million deal to sell the luxury hotel chain Amanresorts.
Slide in PE real estate deals only a blip: Report
Jul 31, 2013
MUMBAI: Private equity firms are eager to invest approximately $2 billion (Rs 11,854 crore) in the real estate market despite a drop in private equity investments in the first half of 2013, according to a new report.
DLF in talks with PEs and international hotel operators for Aman Resorts sale
Jul 29, 2013
NEW DELHI: India's largest real estate firm DLFBSE -1.25 % has ended its "exclusivity contract" to sell luxury hotel chain Aman Resorts to the original owner and founder Adrian Zecha and has begun talks with a clutch of private equity funds and international hotel operators, which includes Blackstone and Carlyle.
Qatar fund QIA to invest $300 million in realtor RMZ in one of largest investment deals
Jul 23, 2013
BANGALORE: In one of the largest investment deals in the Indian real estate sector, sovereign wealth fund Qatar Investment Authority (QIA) is investing $300 million ( Rs 1,800 crore) in Bangalore-based real estate developer and South India's largest office space builder RMZ Corp, said three people with direct knowledge of the development.
ASK Property to invest up to Rs 500 crore by fiscal-end
Jul 15, 2013
MUMBAI: Private equity firm ASK Property Investment Advisors plans to invest up to Rs 500 crore in mid-income residential projects by this fiscal end, a top company official said.
ASK Property to invest up to Rs 500 crore by fiscal-end
Jul 14, 2013
MUMBAI: Private equity firm ASK Property Investment Advisors plans to invest up to Rs 500 crore in mid-income residential projects by this fiscal end, a top company official said.
HDFC AMC to sell stake in Nitesh Housing to promoter
Jul 11, 2013
BANGALORE: HDFC Asset Management Company, the portfolio manager of HDFC Mutual Fund, has decided to sell its entire stake in Nitesh Housing Developers, a subsidiary of Bangalore-based Nitesh Estates.
ASK Property invests Rs 147 crore in ATS housing project in Gurgaon
Jul 10, 2013
DELHI: Private equity firm ASK Property Investment Advisors today said it has invested Rs 147 crore in real estate company ATS Group's Gurgaon housing project.
Exporters bring luxury touch home with own labels
Jul 09, 2013
BANGALORE: Exporters long used to supplying to global brands such as Calvin Klein and Clarks brands are launching their own labels at home, finding patrons among Indians with a taste for luxury and the willingness to pay for it.
Chennai residential real estate report to remain firm, says report
Jun 12, 2013
Bangalore: Property prices in Chennai is expected to remain firm with upward bias in growth corridors, says a recent report by ASK Property Investment Advisors the real-estate private equity arm of ASK Group.
JLLI closes Pune's largest M&A deal of 2013 at Blueridge SEZ, Hinjewadi
May 30, 2013
Leading international property consultants Jones Lang LaSalle India have successfully concluded the largest M&A real estate deal in Pune this year to date. Acting on behalf of the company holding BlueRidge Special Economic Zone (SEZ) Phase 1, the Firm's Capital Markets team has successfully facilitated the sale of 100% equity in the company to IDFC Limited, one of India's largest domestic financial institutions.
Realty firms tweak norms to push sales
May 28, 2013
Sluggish commercial market is prompting developers, occupiers and financiers to come up with different ideas to protect their interest and get things going. While developers are tweaking their offerings along with easier payment structures, including installment option, private equity players are opting for strata buys rather than acquiring entire projects for complete control.
PE investment in realty sector drops by 15% in Jan-Sept 2012
Oct 30, 2012
NEW DELHI: Private equity investment in the real estate sector declined by 15 per cent in the first three quarters of 2012 calendar year to Rs 3,500 crore compared with the year-ago period, according to global property consultant Cushman and Wakefield.

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