The six-acre land parcel owned by Tulip Star Hotel (formerly Centaur Hotel) at Juhu in Mumbai will continue to be entangled in legal battle for some more time, despite the arbitrator allowing termination of sale agreement entered in 2005.
V Square, a Real Estate Development Management Company has launched a commercial project, “114 Avenue”, located at Sector-114, Delhi Extension, Gurgaon.
Hindustan Unilever, India’s largest consumer goods company by revenue, is considering to either lease or co-develop its Bangalore IT Special Economic Zone (SEZ) project in a bid to unlock shareholder value.
Godrej Properties could look at dilution of promoters’ holding in the company in the next six months.
LIC Housing Finance Ltd plans to launch a Rs 500 crore venture capital (VC) fund for urban infrastructure development by September, according to its Director and Chief Executive Officer, V K Sharma.
The Supreme Court on Friday, July 15, directed Sahara Group firm Sahara India Real Estate Corp to approach the Securities Appellate Tribunal against market regulator SEBI’s order directing the return of money collected from investors.
UK-based real estate fund Trinity Capital Plc sold its stake in Kapstone Constructions Pvt. Ltd, a subsidiary firm of Mumbai-based developer Keystone Realtors Pvt. Ltd.
US-based real estate developer Alexandria’s Indian arm — Alexandria Real Estate Equities Inc is planning to invest around Rs.500 crore to develop a biotechnology park in Bangalore.
The DB group, Etisalat’s partner in India, has moved the Company Law Board (CLB) against the UAE-based company.
Shipra Group has appointed Manik Dhodi as their Vice President, Retail and Hotels. Manik has been associated with Shipra Group since June 2009 as Head – Mall Operations.