AIG to sell stake in Indian realty units for $450 mn
AIG Global Real Estate (AIG GRE), the real estate fund of the global financial major, is looking to exit two projects of Bangalore-based RMZ and raise around $450 mn.
AIG Global Real Estate (AIG GRE), the real estate fund of the global financial major, is looking to exit two projects of Bangalore-based RMZ and raise around $450 mn.
Any residential property, even with all legal safeguards are apparently in place, is ultimately built on land. One cannot automatically assume that this land did not have previous owners.
The farmers and Noida Authority have negotiated a truce for three months under which the farmers of 54 Noida villages have given an undertaking to the Noida Authority.
India’s real estate sector will be among the worst hit by the Reserve Bank of India’s decision to raise key interest rates, experts have said.
After farmers complaining about shortage of labour due to NREGA, now CREDAI says real estate projects are experiencing time and cost over runs due to shortage of labour.
Godrej Properties has entered into a pact with State Bank of India to market its realty projects to customers across India and overseas.
The Supreme Court judgment on Shahberi village in Noida Extension was the beginning of the end of the proposed township.
Goa real estate boom is not driven by “people who love the land”, but by speculative investment of black money in the state.
If we want to see a regulated real estate business in India, we need to first identify the role of the Government in the system.
Several realty firms, including Parsvnath, Juventus Builders and Developers, Alok Infrastructure, Oval Developers, Airmid Developers and NG Realty have sought the Government’s nod to shelve their SEZ projects amid continued tax uncertainties.