Sri Lanka’s Rank Holdings, a group which has interests in gaming, power and logistics, is planning a 200 million US dollar hotel and residential complex in the capital Colombo with an Indian partner, an official said.
The Carlyle Group on Thursday, August 25, said it has invested $26 million in Value & Budget Housing Corporation, the Bangalore-based low-cost housing developer promoted by former Mphasis Chairman Jaithirth Rao.
CREDAI welcomed the BMC’s announcement that the redevelopment projects in the city will not be covered under new DC rules for levying extra premium on FSI for certain areas.
India’s ASK Property Investment Advisors aims to raise a Rs.10-billion ($219 million) fund by December in a bet on the long-term case for property in Asia’s third-largest economy, said a top official.
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.
Confederation of Real Estate Developers’ Associations of India (CREDAI) Pune has opened e-PROFEST 2011, Pune’s Virtual Realty Fair.
Rakesh Jain booked a flat in one of the projects in Noida Extension. He paid to the developer all the savings from his hard-earned money and had everything in place-due diligence done through his lawyer.
CREDAI (Confederation of Real Estate Developers’ Associations of India) Pune is organising ‘e-Profest’, a virtual realty expo.
Unitech will set up Great India Place (GIP) in Kochi, Kerala. The project consists of a hotel, shopping mall and office complex.
Document No 17/49/2007 – GAD – II (XXXXIX) dated 11/03/2011 and titled ‘Confidential Most Immediate Cabinet Matter’, reads ‘An extract of the decision taken on the Item/s in the XXXXIXth Cabinet Meeting of the Council of Ministers held on 09/03/2011 at 3.00 pm under the Chairmanship of the Chief Minister in the Cabinet Room.