DLF buys Hilton’s 26% stake in hotel JV
DLF has bought its partner Hilton’s 26% share in joint venture DLF Hotels & Hospitality for Rs.120 crore.
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DLF receives first tranche of Rs 200 crore from IDFC for Noida IT Park
DLF has informed the Bombay Stock Exchange that it has received the first tranche of Rs.200 crore from IDFC, which is in the process of acquiring 100% shareholding in a JV company of DLF called Galaxy Mercantile.
Alok Ind Mumbai land sale stuck in valuation matching
Textiles’ major Alok Industries is looking for a Rs.900-1,000 crore deal; discussions with global realty funds, however, is stuck as slowdown upsets valuation matching.
DTZ Research: global debt funding gap down 27% to US$142 bn in last six months
The global debt funding gap is estimated to total US$142bn over the next three years (2012-2014) according to latest research from DTZ.
Ackruti City opts for rebranding
Ackruti City, the developer with major presence in Mumbai and MMR is now Hubtown Ltd following its name change which came into effect from October 31.
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.
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.
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.
Is price correction inevitable in Mumbai?
Mumbai real estate is debating over a possible price correction as sale registrations for September recorded a 29-month low at 4,137, down 22 per cent year-on-year.