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.
Search Results: Property transactions (434)
Challenging SEBI norms PACL realty cheating investors
After Sahara Group firms, another real estate company PACL seems to have violated SEBI regulations.
ASK Investment raises Rs.500 crore for realty fund
ASK Property Investment Advisors, part of the financial services group ASK Group, has made a first close of its second real estate fund at Rs.520 crore.
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.
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.
Office space deals drop more than two-thirds in Mumbai
It’s not just the residential real estate market in Mumbai that is going through a slump, the commercial office segment, too, is reeling under a slowdown.
Strong growth predicted for many global commercial real estate markets
Latin America and Asia remain the strongest real estate markets in the world but emerging markets in Europe, particularly Poland, show further improvements, according to the latest Global Commercial Property Survey.
IL&FS direct beneficiary in DB Realty
The IL&FS has LIC of India, State Bank of India, Central Bank of India, HDFC Bank as prominent shareholders. As per the reports IL&FS owned 4.05 per cent stake in Shahid Balwa’s DB Realty.
Macquarie says realty stocks will rebound in two years
India’s real estate stocks have attractive valuations after plunging 83% from their peak and are likely to rebound within two years, according to Macquarie Group.
JLL update on Mumbai real estate
After recording significant leasing in 4Q10, Mumbai city witnessed moderate transaction activity in 1Q11 as the major office occupiers of India Inc awaited the impact of budget on their corporate real estate strategy for the next fiscal year.