Morgan Stanley PE faces Rs 200 cr loss
Fishing in the troubled waters of Indian real estate, Morgan Stanley Private Equity is staring at Rs.200 crore loss.
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Developers upset with real estate legislation
The long-pending legislation – Real Estate (Regulation and Development) Bill – that aims to infuse “accountability and transparency” in the realty sector, backed by stringent norms, is out in the public domain.
DTZ Research: global debt funding gap down 27% to US$142 bn in last six months
The global debt funding gap is estimated to total US$142bn over the next three years (2012-2014) according to latest research from DTZ.
Puravankara takes Bangalore for Louis Philippe golf
Puravankara Projects has taken over the Bangalore team of the inaugural eight-city team event, the Louis Philippe Cup, according to the Professional Golf Tour of India (PGTI).
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.
DLF Brands to bring US retailer Claire’s to India
DLF Brands, a subsidiary of realty major DLF, has struck an agreement with Claire’s Stores Inc, one of the world’s leading fashion jewelry and accessories retailers, to bring the brand to India.
HDFC Realty in talks to raise $600 mn
HDFC Realty, the private equity arm of Housing Development Finance Corporation, is in talks with the world’s largest sovereign funds to raise its fourth real estate fund.
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.
Realty bill ready to be placed in Parliament after Cabinet approval
The much awaited and largely discussed Real Estate (Regulation & Redevelopment) Bill, pending since 2009, is finally been ready and the Government plans to introduce it in the winter session of Parliament after getting Cabinet approval.
Office space sales dip in Q3
With slowdown signs looming large over the Indian economy, the effect on the job market and its subsequent effect on office space is getting visible now.