Fortis to raise funds via Singapore REIT listing
Fortis Healthcare (India) Ltd. plans to raise as much as $500 million by hiving off some of its properties into a real-estate investment trust, or REIT, and listing it in Singapore.
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Lisa Home Solutions plans franchise expansion
Lisa Home Solutions, a Pune based property management solution provider is looking for expansion. The brand has facilitated the expertise of Francorp for its strategic expansion.
CREDAI Orissa sets up grievance cell to restore trust
The Orissa chapter of the Confederation of Real Estate Developers Association of India (CREDAI) aims to put an end to real estate cheating cases.
Focus on affordable housing at CREDAI Bangalore exhibition
The annual CREDAI Realty Expo organized by CREDAI kicked off on Saturday with hundreds of prospective property buyers thronging the exhibition at Palace Grounds.
RBI for central registry to check home loan frauds
Fraudsters will soon find it difficult to dupe banks by mortgaging the same property with two lenders or selling mortgaged property.
Ascendas set to raise $350 mn
Ascendas India Development Trust (AIDT), the India-focused real estate fund floated by Singapore-based office space developer, is looking to raise close to $350 million.
RBI forces SBI to withdraw teaser home loans
The State Bank of India has finally put an end to its most innovative and wildly successful home loan scheme from May due to concerns raised by and under pressure from the Reserve Bank of India.
DLF strikes deal with Spanish brand Mango
DLF is ramping up presence in the fashion retail industry after striking a licensing deal with Spanish brand Mango.
Unitech’s Chandra brothers distancing strategically
With the Central Bureau of Investigation (CBI) charging Unitech Managing Director Sanjay Chandra as a key accused in the 2G spectrum scam and his brother Ajay Chandra appearing as a CBI testimony, it is generally believed that the two Chandra brothers are falling apart.
BBMP panel seeks action against errant lessees
A Bruhat Bangalore Mahanagara Palike (BBMP) committee has recommended strict action against the lessees holding Palike property who have violated the contract norms.