Oberoi Realty Group places two more orders with Capacit’e Infraprojects

Oberoi Realty Group places two more orders with Capacit’e Infraprojects

2018-04-04T10:26:18+00:00 On

Construction company Capacit’e Infraprojects said it won two orders from Mumbai-based Oberoi Realty Group for a total of Rs 365 cr. The first is for the construction of a residential “rehab and sale tower” at Tardeo in South Mumbai. The order was…

Godrej Properties taps Fund Management to co-develop Godrej Two tower

Godrej Properties taps Fund Management to co-develop Godrej Two tower

2018-03-19T10:48:15+00:00 On

Godrej Properties Ltd said Godrej Fund Management will invest into its ‘Godrej Two’ commercial building project in Vikhroli. Godrej Fund Management was set up by the real estate company three years ago primarily with the purpose of raising funds for its real…

Puravankara announces Rs 1,000 cr ‘premium affordable’ project in Goa

Puravankara announces Rs 1,000 cr ‘premium affordable’ project in Goa

2018-03-15T18:04:00+00:00 On

Bangalore-based real estate player Puravankara Ltd said it will invest Rs 500 cr to develop a 32 acre project near Dabolim in Central Goa. The company expects to generate sales of close to Rs 1,000 cr over the next five years from…

IOCL, HPCL, BPCL open to buying petrol pump land – Pradhan

IOCL, HPCL, BPCL open to buying petrol pump land – Pradhan

2018-03-13T10:03:51+00:00 On

State-owned oil marketing companies, Indian Oil, Hindustan Petroleum and Bharat Petroleum, are open to buying the land on which their retail outlets are located to offset rising real estate prices, oil minister Dharmendra Pradhan said. Pradhan was responding to a concern about…

Singapore’s GIC Realty looking to invest in Prestige Estates’ office business

Singapore’s GIC Realty looking to invest in Prestige Estates’ office business

2018-02-26T10:19:52+00:00 On

Bangalore-based real estate player Prestige Estates Projects said Singapore-based GIC Realty Pte Ltd, the country’s sovereign wealth fund, has signed a term sheet to explore the possibility of acquiring a ‘significant minority’ stake in the Indian company’s commercial buildings business. The term…

Mahindra Lifespaces launches flats in Palghar for Rs 8 lakh

Mahindra Lifespaces launches flats in Palghar for Rs 8 lakh

2018-02-16T11:24:01+00:00 On

Mahindra Lifespaces announced the launch of its a new affordable housing project in the Mumbai suburb of Palghar with one-room-kitchen flats starting at just Rs 8 lakhs. The project, under Mahindra Lifespace’s Happinest brand, also offers 1 Bedroom-Hall-Kitchen and 2 BHK flats…

HDFC ties up with Bangalore-based Prestige Estate for Rs 2,500-cr affordable housing venture

HDFC ties up with Bangalore-based Prestige Estate for Rs 2,500-cr affordable housing venture

2018-02-08T09:46:04+00:00 On

Housing Development Finance Corporation Ltd has tied up with Bangalore-based real estate player Prestige Estates to invest Rs 2,500 cr in affordable housing. The tie-up has been implemented through its subsidiary HDFC Capital Advisors Limited, which is the investment manager to HDFC…

Godrej Properties continues fast expansion with 2 new projects in Bangalore, 1 in Noida

Godrej Properties continues fast expansion with 2 new projects in Bangalore, 1 in Noida

2018-02-01T09:15:00+00:00 On

Godrej Properties, the Mumbai-based real estate developer, continued to strike deals with other players to develop their land parcels. The company announced three new projects, including two in Bangalore and one in NOIDA near Delhi. The Bangalore projects are in Devanahalli in…

Puravankara starts ‘initial public offer’ for upcoming Bangalore affordable housing project

Puravankara starts ‘initial public offer’ for upcoming Bangalore affordable housing project

2018-01-17T15:06:05+00:00 On

Real estate developer Puravankara Ltd said it has started taking ‘expressions of interest’ from buyers for its upcoming ‘affordable’ housing project at Judicial Layout, Kanakapura Road, Bangalore. Provident Park Square is being taken to market through a quasi-book building method. Under this,…

Dalmia Group, Nisus invest in Greater NOIDA real estate project

Dalmia Group, Nisus invest in Greater NOIDA real estate project

2017-12-08T15:19:02+00:00 On

Fund manager Nisus Finance Services Co Pvt said it, along with a Dalmia Group’s Landmark Holdings, has invested Rs 50 Cr in Casa Royale & Sanskriti, a project by Noida based Earthcon Infracon projects at Sector-1, Greater Noida, Uttar Pradesh. Landmark Holdings…

Indian Real Estate unsold inventory to fall this year – Fitch

Indian Real Estate unsold inventory to fall this year – Fitch

2017-11-20T10:44:10+00:00 On

Fitch Ratings said it expects a slight improvement in the finances of real estate companies in India and forecast increasing consolidation and a reduction in the massive unsold inventories on their books. “We expect the cash flow from operations of the rated…