Dewan Housing unit plans to raise Rs 2 bn real estate fund
ArthVeda Fund Management, a unit of Dewan Housing Finance Corp. said on Tuesday, December 6, it plans to raise Rs.2 billion (about $40 million) to invest in greenfield real estate projects.
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Indian developer announces Dubai foray
India-based Pacific Real Estate Development has announced its first property venture in Dubai, the 28-storey luxury tower at Tecom Media City.
Omkar Realtors awards Rs 579-cr construction contract to L&T for slum rehab buildings
Mumbai-based Omkar Realtors & Developers has awarded construction contracts worth Rs.579-crore to Larsen and Toubro (L&T) for three of its SRA projects.
Track2Realty boycotts Jones Lang LaSalle for breach of trust
In the wake of the unprofessional and unethical behavior of the real estate consultancy Jones Lang LaSalle India (JLLI), the editorial team of Track2Realty has taken a decision to boycott the firm for a month starting Monday, December 5.
Realtors look forward to retail FDI as a savior
Battling huge vacancies, piling inventories and lacklustre rentals, the Indian real estate is looking forward to retail FDI as a savior, expecting a windfall following the entry of global giants looking for more retail space for expansion.
FDI in retail signals evolution for retail real estate services
With FDI now permitted for multi-brand retailing in India, global retail giants are now zeroing in on India.
Godbole returns to Morgan Stanley as India realty arm head
Morgan Stanley has named Shirish Godbole as the head of its global real estate investment fund in India.
Gold Souk denies links with Gold Sukh Trade India
With reference to the media reports on scam in Gold Sukh Trade India in Jaipur, the real estate developers Gold Souk has denied any links with this company and has issued a release to “inform the general public at large that some person(s) is/are misusing the name of ‘GOLD SOUK’.
Growing eurozone crisis affecting Indian realty
Growing eurozone crisis is all set to affect the Indian real estate. It may sound like drawing a parallel between Indian office space prices and what’s happening in North America and Europe.
Chintels India gets into brand makeover
Chintels India, the Delhi-NCR based developer has announced its new corporate identity with the launch of a new corporate logo.