Latest Realty News

Investor Rakesh Jhunjhunwala buys six Mumbai flats for Rs 176 crore
Oct 15, 2013
NEW DELHI/MUMBAI: Billionaire investor Rakesh Jhunjhunwala on Monday bought half of a seafacing building, comprising six plush apartments, in Mumbai's upmarket Malabar Hill area owned by Standard Chartered Bank, for Rs 176 crore, more than two persons who knew details of the open bidding, told ET asking not to be named.
PE funds sign deals with big builders like Lotus Greens, Mahindra Lifespace for stable returns
Oct 10, 2013
BANGALORE|MUMBAI: Private equity firms with big appetites are increasingly tying up with reputed developers to build large asset portfolios and earn stable returns.
Morgan Stanley arm shelves project with Wadhwa Group
Sep 27, 2013
MUMBAI: Morgan Stanley Real Estate Fund was working on the structured finance deal with Mumbai based Wadhwa Group since January to invest in the latter's 1.6 million square feet office project in Bandra-Kurla Complex. Construction on the project, called ONE BKC, is due to be completed in the next 12-15 months.
Bank of India to buy Standard Chartered's office space in Delhi's Connaught Place for Rs 125 crore
Jul 31, 2013
DELHI: Bank of India is buying 36,000 sq ft of office space in the upmarket Connaught Place of Delhi from Standard Chartered Bank for about Rs 125 crore, according to people close to the deal.
Mahindra Lifespace to set up Rs 1,000 crore JV with Standard Chartered Bank
Jul 27, 2013
MUMBAI: Realty developer Mahindra Lifespace Developers and an investment arm of Standard Chartered Bank have entered into a joint venture for development of residential projects in India, a release said.

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