Global Investment Banks To Invest $500mn In Unitech Spv NEW DELHI: Private equity players Lehman Brothers and Deutsche Bank are set to make a combined investment of $500 million in an SPV floated by India's second-most valued real estate developer Unitech, according to a person close to the development. The two PE players are learnt to be in ... Similar Editorial : Banks Tell Sub by Aaron Dickinson. | Source : Real Estate Associate
Real Estate Firms Eyeing Low-cost Residential Projects NEW DELHI: Playing on the simple economics of low margins-high volume, realty majors are now adding low-cost residential projects to their portfolio. Omaxe, DLF, Ansal API, Parsvnath, BPTP, et al are setting their eyes on the small and mid-income home buyer segment and lining up projects which w... Similar Editorial : Real Estate by Dan Auito. | Source : Coastal Real Estate
Sick Govt Firms Can Get Into Real Estate The booming real estate market in India has caught the attention of the Board for Reconstruction of Public Sector Enterprises (BRPSE) as a route for reviving sick public sector units. BRPSE's new chairman Nitish Sengupta has suggested that at least three ailing companies, which have been... Similar Editorial : Is Your Computer Sick by Jim Edwards. | Source : Real Estate Lofts
Mohali-city Of Future Given its strategic location and development of infrastructure, Mohali is the city of the future and it would give a tough competition to Chandigarh in the years to come, feels Gursharan Batra, president of Chandigarh Overseas Private Limited, promoters of the Fashion Technology Park (FTP) in Se... Source : India Residential Property
Indian Real Estate Developer DLF Ltd Statement NEW DELHI, Jan 30 (Reuters) - Indian real estate developer DLF Ltd (DLF.BO: Quote, Profile, Research) reported a quarterly consolidated net profit of 21.45 billion rupees ($544.4 million) on Wednesday, and said growth would remain robust on strong demand.The company, which was listed... Similar Editorial : Indian Real Estate by George Gonigal. | Source : India Residential Property
Investments In Small Realty Projects Give Good Returns It was in 1977 when Dhirubhai Ambani changed the rules of the game. Realising the potential of huge middle class in the country, he went public to raise capital and created a whole new class of retail investors in India. Definitely, It was the power of SMALL that made a BIG one - Reliance.... Similar Editorial : Realty Dreams of Small by Property. | Source : Real Estate Relocation
Walton Bets Big On Calcutta Real Estate Calcutta, Jan. 23: Real estate private equity firm Walton Street Capital is planning to enter Calcutta's realty market.Sourav Goswami, managing director of Walton Street Capital India, said the company was looking at two residential projects. 'One of the projects will be in Rajar... Similar Editorial : Real Estate by Dan Auito. | Source : India Residential Property
Deutsche Bank Arm Buys Stake In Golden Gate The real estate development company sold the stake for $70 mn.RREEF, the global alternative investment management business of Deutsche Bank, advised by Deutsche Asset Management (India), has made its first real estate investment in India.RREEF has nearly completed the pur... Similar Editorial : Baby Gate Safety by Ken White. | Source : Real Estate
Emaar, Fortis Plan Jv To Set Up 25 Hospitals Realty company Emaar MGF Land Limited (Emaar MGF) and Ranbaxy Group-promoted hospital chain Fortis Healthcare plan to form a joint venture to set up 25 hospitals across major cities in India, with an investment of Rs 1,200 crore. Envisaged as a 'one-stop shop' for healthcare at E... Source : Real Estate Portfolio
Bonanza For Old Mumbai Firms The Maharashtra government's decision to repeal the Urban Land Ceiling and Regulation Act (ULCRA) in order to obtain funds under the Jawaharlal Nehru Urban Renewal Mission has spelt a bonanza for some of the oldest companies in the city. According to real estate consultancy Knight Frank India ... Similar Editorial : Mumbai Properties by George Gonigal. | Source : New Delhi Homes
Lic Calls Bids To Consolidate Real Estate Biz New Delhi: India's largest life insurance firm, Life Insurance Corp. of India (LIC), on Wednesday said it plans to consolidate its real estate portfolio across the country.'Expression of interest is being invited from professional consultancy organizations for consolidating our real es... Similar Editorial : Real Estate by Dan Auito. | Source : Real Estate Financial
Big-time Value Unlocking Is On The Cards For Icici Bank Emaar MGF Land Ltd., the joint venture between Dubai's Emaar Properties and India's MGF Group, announced that it will launch an initial public offering (IPO) to raise up to US $1.5bn for investment in the country's booming real estate sector.The company said that it will sell 1... Source : Farming Real Estate
Manpower Shortage Haunts Indian Construction Industry ! Just as the knowledge sector such as IT, ITeS and bio-technology, the Indian construction industry, which is set to witness massive investments in the next five years, is also facing an acute shortage of skilled workforce. The construction industry in India is facing a huge shortage of manpower,... Similar Editorial : The Construction Industry by crackmarketing. | Source : New Delhi Homes
