Alexandria to invest Rs 500 cr on BT park
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.
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DLF plans to sell stakes in Pune, Noida IT parks for Rs 1,300 crore
DLF, India’s largest real estate company, will sell its shareholding in two IT SEZs in Pune and Noida, for a combined value of Rs.1,300 crore.
Wizcraft, Apra plan Kingdom of Dreams 2
Kingdom of Dreams, India’s first live entertainment complex, is all set to script its success story beyond the national capital region.
Mumbai family stalls Donald Trump’s India plans
A family is refusing to budge from their home in Mumbai to make way for a new luxury apartment block being built by billionaire US property tycoon Donald Trump.
ICICI Venture to raise money for real estate fund
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.
Kochi CREDAI proposes to rebuild public trust
Following the Apple A Day scam that left more than 800 customers cheated and homeless, Kerala (CREDAI) will pressurize the Union Government for implementing the Real Estate Regulatory Authority.
Apple Realtors & kin applied for bail
The promoters of the real estate company Apple A Day, linked to a housing scam have filed for bail, and the mother of one of them has also filed an anticipatory bail application in a sessions court in Kochi.
Court rejects bail for Apple realtors
The Ernakulam Principal Sessions Court on Thursday rejected the anticipatory bail plea of promoters of a real estate company who have duped hundreds of people of more than Rs.1 billion.
Mayawati orders no forcible land acquisition
Uttar Pradesh Chief Minister Mayawati Thursday tried to placate angry farmers saying that under a new acquisition policy no land would be forcibly taken from farmers.
DLF shares fell to 2 year low
India’s top listed real estate developer DLF Ltd missed analysts’ estimates with a 19 percent fall in quarterly profit due to cost rises.