Realtors exploring alternative channel of funding
As India’s realty sector goes through a liquidity crunch with banks tightening lending norms and property sales dropping, real estate developers are turning to alternative channels of funds.
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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.
Tata Realty & M3M Developers in race to buy DLF’s Gurgaon plot for Rs 400 cr
Tata Realty and M3M Developers are believed to be in the race to buy DLF’s Gurgaon plot for around Rs.400 crore.
Xander to invest Rs 240 crore in HCC Concessions
US-based investment firm Xander Group will invest Rs.240 crore in construction and civil engineering major HCC Infrastructure.
Spencer’s eyes foreign ties
Spencer’s has initiated stake sale talks with a foreign retailer on hopes that foreign direct investment will be opened up in multi-brand retail.
Buyers allege project delayed, realtors say not denied
Delay in real estate projects is something that invites disapproval and criticism in the collective consciousness.
Bank lending to realty won’t decline
Though the Reserve Bank of India has laid out strict due diligence standards for banks for sanctioning loans to the real estate sector, industry experts believe lending to the sector will not decline.
Jones Lang LaSalle India Launches Corporate Finance Division
Jones Lang LaSalle India, the country’s largest international property consultancy, has launched an exclusive Corporate Finance division.
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.
Ambar Maheshwari exits DTZ to join Jones Lang LaSalle India
Ambar Maheshwari has joined India’s largest international property consultancy Jones Lang LaSalle as Managing Director – Corporate Finance.