K Raheja Corp launches Hyderabad flats starting at Rs 40 lakh

K Raheja Corp launches Hyderabad flats starting at Rs 40 lakh

2018-06-14T16:09:07+00:00 On

K Raheja Corp, one of India’s biggest real estate developers, announced the launch of the fourth tower of its Raheja Vistas project in Nacharam in Hyderabad East. The tower will have 12 storeys and offer 2- and 3-bedroom flats starting at Rs…

Singapore-based Gamnat to invest Rs 1,000 cr in Godrej Properties

Singapore-based Gamnat to invest Rs 1,000 cr in Godrej Properties

2018-05-04T13:38:16+00:00 On

Real Estate player Godrej Properties said Singapore-based Gamnat Pte Ltd wil invest Rs 1,000 cr in the company. The investment will be carried out at  a share price of Rs 783.50, roughly equal to today’s opening price. Shares of the company shot…

DB Realty wins case involving 244 acres next to Mira Road railway station in Mumbai

DB Realty wins case involving 244 acres next to Mira Road railway station in Mumbai

2018-05-03T11:57:09+00:00 On

DB Realty Ltd said a civil judge in Thane has dismissed a petition by the central government that disputed the company’s ownership of 244 acres of land next to the Mira Road railway station in Mumbai, one of the fastest growing suburbs…

Real Estate player Sobha enters Gujarat with 500-cr GIFT project

Real Estate player Sobha enters Gujarat with 500-cr GIFT project

2018-04-16T17:13:57+00:00 On

Bangalore-based real estate player Sobha Ltd said it will enter the Gujarat market with a Rs 500-cr residential project in GIFT City in Ahmedabad. The project will have about 1,000 apartments that to support the ‘walk to work’ concept underlying the smart…

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…