Jones Lang LaSalle India Launches Corporate Finance Division
Jones Lang LaSalle India, the country’s largest international property consultancy, has launched an exclusive Corporate Finance division.
Jones Lang LaSalle India, the country’s largest international property consultancy, has launched an exclusive Corporate Finance division.
The Reserve Bank of India has laid out strict and tedious due diligence standards for banks in sanctioning loans to the real estate sector.
Private equity giant Blackstone will finance south-based Embassy Property Development’s purchase of 22% stake in Manyata Tech Park, the country’s largest operational tech SEZ.
Land acquisition has become a very contentious issue these days. There are some states where land acquisition has evoked public protest and at some places these are politically motivated as well.
ICICI Venture Funds Management plans to raise Rs.7.50 billion to Rs.10 billion ($167 million to $223 million) for its second real estate fund.
The decision on allowing external commercial borrowings (ECBs) for the real estate sector still hangs fire with the Finance Ministry and the Reserve Bank of India holding opposing views.
JP Morgan has invested $30 million in Parsvnath Developers’ residential project La Tropicana coming up in the Civil Lines area of New Delhi.
India’s top listed real estate developer DLF Ltd missed analysts’ estimates with a 19 percent fall in quarterly profit due to cost rises.
Yash Birla Group has acquired Calcutta-based Aircon Engineering Services for Rs.10 crore, marking its foray in the infrastructure space.
Infrastructure development firm Phadnis Infrastructure plans to invest over Rs 1,700 crore in the next five years to fuel its expansion plans.