CREDAI Bengal suggests 10 satellite townships in state
The Confederation of Real Estate Developers’ Association of India (CREDAI), Bengal has proposed 10 satellite townships to meet housing challenges caused due to rapid urbanization.
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Shriram Properties may get $125 million PE fund
Shriram Properties, which wants to refinance projects under development and acquire distressed real estate assets may get $125 million PE fund by private equity arms of JP Morgan, IL&FS and Morgan Stanley.
Highest seizure in Delhi-NCR by IT raids on M3M
Raids by income tax sleuths on the offices of realty firm M3M recently yielded Rs.314 crore unaccounted income.
Quantitative – Running the numbers using Cap Rate
One needs to look at three key figures when considering an investment. Cap rate, is the first of these tools.
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.
Expressway farmers seek better deal
A day after the Noida Authority clinched a deal with the agitating farmers, the farmers of the villages along the Yamuna Expressway held a ‘panchayat’ in Gautam Buddha Nagar district on Sunday, July 31, and demanded higher compensation for their land.
Aliens Group launches Aliens HUB
Hyderabad-based Aliens Group has launched a new residential project- Aliens Hub.
Legal battle over Tulip Star Hotel’s 6-acre land continues
The six-acre land parcel owned by Tulip Star Hotel (formerly Centaur Hotel) at Juhu in Mumbai will continue to be entangled in legal battle for some more time, despite the arbitrator allowing termination of sale agreement entered in 2005.
Mumbai family stalls Donald Trump’s India plans
A family is refusing to budge from their home in Mumbai to make way for a new luxury apartment block being built by billionaire US property tycoon Donald Trump.
Hafeez Contractor debuts in Nepal
Renowned Indian architect Hafeez Contractor is making his debut in neighbouring Nepal with a high-end apartment complex in Kathmandu.