Alok Ind Mumbai land sale stuck in valuation matching
Textiles’ major Alok Industries is looking for a Rs.900-1,000 crore deal; discussions with global realty funds, however, is stuck as slowdown upsets valuation matching.
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Sahara moves SC against SAT order
The two Sahara Group companies have moved the Supreme Court challenging the sectoral tribunal’s order asking the Group to refund around Rs.24,000 crore to investors.
Indian commercial property market loses momentum in Q3: RICS
Indian commercial property market has lost momentum in Q3 with the capital values turning negative for the first time since 2009.
COMPAT to hear DLF appeal against CCI order tomorrow
The Competition Appellate Tribunal (COMPAT) will today, November 9, hear…
India Vs. China in the global business sweepstakes
India and China have been forever up for comparison in the past. There has been no end to the debates on which of the two economies out-performs the other, and China seems to have emerged as the default favourite for any number of reasons.
Jones Lang LaSalle India bags M&A Deal Of The Year award
Jones Lang LaSalle India, the country’s largest and leading international property consultancy, has been honoured with the prestigious India M&A Deal Of The Year award in the Middle Markets category.
Real estate debates CCI jurisdiction & trust deficit
When the CCI alleged that DLF misused its dominant market position and imposed unfair conditions on home-buyers of two of its many projects, the real estate fraternity, legal experts and others strongly questioned the basis of the CCI order.
Ackruti City in talks with PEs to raise Rs 150 cr
Ackruti City is in talks with a couple of private equity (PE) lenders to raise around Rs.150 crore by selling around 25% in its proposed redevelopment project in Chembur, north eastern suburb of Mumbai.
Revenues and profits dropped by 19% and 70% since FY08: Knight Frank
The impact of slowdown is already being felt on the real estate market with residential segment witnessing sluggish demand across all the major cities.
Morgan Stanley’s Naresh Naik quits to start realty fund
Morgan Stanley Real Estate Investing Managing Director Naresh Naik has resigned to set up a real estate fund house that will invest exclusively in India.