Kumar Urban Development Limited (KUL) has launched a series of shops at different locationsof Pune at an investment of about over Rs 250 crores.
DLF is in advanced stages of negotiation with Lodha Developers to sell its prime land in Mumbai for about Rs 2,700 crore and a deal is expected to be finalised shortly.
Red Fort Capital Advisors, a real estate private equity fund that manages more than $1 billion of Indian assets, plans to raise $500 million next year to invest in homes and offices in Asia’s third-largest economy.
The Bangalore-based publicly-held Sobha Developers has said its sales realisation has gone up 26 per cent on a year-on-year basis while the sales volumes have gone up 25 per cent. On a sequential basis, the realisation is up 7 per cent while the sales being marginally down.