Delta Corp buys 51% stake in Thunderbird’s Daman Hospitality
ICICI Ventures-backed Delta Corp has acquired 51 per cent stake in Daman Hospitality Pvt Ltd for Rs 50 crore in its second acquisition this year.
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Tata Housing launches new residential project in Gurgaon
Tata Housing Development Co. Ltd. has announced the launch of their new residential project in Gurgaon – Primanti, a premium luxury housing complex.
Supreme Court dismisses Sahara plea against SEBI
SEBI can examine financial instruments used by two companies of the Sahara Group to raise money from the public after India’s top court dismissed its petitions on Thursday.
Equinox Realty to invest Rs. 4000 crore in residential project
Equinox Realty, the property development arm of Essar group, has announced plans to invest around Rs 4,000 crore to develop residential units across the country.
Purvankara forays into Coimbatore with Rs. 650 crore project
Puravankara Projects has forayed into Coimbatore with a Rs.650 crore project, offering luxurious two and three bed room apartments.
Upscaling Indian real estate – Ushering in a decade of opportunities
India is rapidly urbanizing, not only in form and features but, from within.
Sahara realty gets notice for using third-party account
Sahara group companies, which raised Rs.4,843 crore by issuing optionally fully convertible debentures (OFCDs), is not using its own bank account to handle this money.
Commercial Real Estate moving into strongest market since 2007
Jones Lang LaSalle’s second quarter 2011 Global Market Perspective, predicts this year will be the strongest performance and real estate trade volume since the market height of 2007.
Optimism Found in CoreNet Global 2011 Report on Commercial Real Estate Trends
CoreNet Global’s recently released 2011 state-of-the-industry report on commercial real estate (CRE), there is good news to be found about 2010 and in the first quarter 2011.
Real estate draft Bill revised to make it a central legislation
The contour of the Real Estate Draft Bill has been changed to make it a central legislation, a shift from it being a state matter earlier.