DB Realty to pick up 49% in hospitality arm
Dynamix Balwas (DB) Realty, the Mumbai-based realtor, has decided to buy upto 49 per cent stake in its hospitality arm, DB Hospitality Ltd, an unlisted arm where the promoters hold a majority stake.
Search Results: PE fund (1293)
No takers for 1.3 crore sq ft of office space in Mumbai
Real estate stock of office premises in Mumbai has been going through a slump for the last 14 financial quarters.
Omaxe sees net debt down at Rs 880-890cr
Omaxe Ltd expects net debt to fall to Rs.880-890 crore by March 31 as it plans to repay debt over the next three quarters, mainly from operations, a top official said on Tuesday, August 9.
ATS Group forays in Gurgaon
ATS Group, the Noida-based developer has announced its foray to the Gurgaon property market with residential projects.
KUL gets Rs 50 crore by private investors
Kumar Urban Development Ltd (KUL) has raised Rs.50 crore from two private investors, taking its total fund-raising this year to about Rs.300 crore.
India real estate and the US credit rating cut
The US credit rating cut and uncertainties about Europe’s debt situation is a cause concern.
Ascott to expand footprint in India
Ascott, one of the world’s largest serviced residence owner-operator, is expanding its footprint in India in cities like Mumbai, Delhi and Pune, adding to its $250 million investment in seven upcoming properties.
Hindustan Motors clarifies on land deal allegations
Hindustan Motors (HM) has refuted allegations of irregularities in a land deal at the Uttarpara plant in Bengal.
Real estate impact of FDI in multi-brand retail
The introduction of FDI in multi-brand retail will lead to increased demand, which in turn will catalyze more investment opportunities in organized retail.
GVK bags Rs 2,815 crore MP highway
GVK Power and Infrastructure has bagged the bid for the Rs.2,815 crore Shivpuri-Dewas national highway project in Madhya Pradesh, by offering a premium of Rs.180.90 crore.