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.
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COMPAT to hear DLF appeal against CCI order tomorrow
The Competition Appellate Tribunal (COMPAT) will today, November 9, hear…
Jones Lang LaSalle India bags M&A Deal Of The Year award
Jones Lang LaSalle India, the country’s largest and leading international property consultancy, has been honoured with the prestigious India M&A Deal Of The Year award in the Middle Markets category.
Raheja Developers forms JV with Dubai’s construction firm Arabtec Construction
Raheja Developers announced a joint venture with Dubai-based Arabtec Construction to build real estate projects in India and awarded contracts of Rs.1,020 crore to the JV firm for three housing projects.
Ackruti City in talks with PEs to raise Rs 150 cr
Ackruti City is in talks with a couple of private equity (PE) lenders to raise around Rs.150 crore by selling around 25% in its proposed redevelopment project in Chembur, north eastern suburb of Mumbai.
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.
HDFC fund to invest 2 bn rupees in ATS
Housing Development Finance Corp. will invest about Rs.2 billion ($41 million) in one of the projects of New Delhi-based real estate developer ATS Infrastructure Ltd, sources close to the development said.
Delhi govt hikes circle rates, property prices set to zoom
Property rates in the capital are set to zoom further as Delhi Government on Monday, October 31, hiked the circle rates by up to 250 per cent to check black money in sale and purchase transactions.
Ambani checks into Oberoi boardroom; Nita’s first foray in listed company
Mukesh Ambani’s wife Nita Ambani and his associate Manoj Modi joined the Board of Directors of EIH, the parent of the Oberoi Hotels chain that includes Calcutta’s Grand Hotel, on Monday, Oct 31.