Fitch removes Unitech, Parsvnath from coverage
International agency Fitch Ratings has withdrawn ratings for various debt programmes for two listed real estate companies — Unitech and Parsvnath Developers Ltd — from its coverage.
Browsing: India Property News
Ajmera Realty & Infra India acquires 100% stake in Ajmera Biofuel
Ajmera Realty & Infra India has announced that the company has acquired 100% stake in Ajmera Biofuel (ABL) subject to such approvals, consent, sanctions and permissions as may be required.
Wave Inc appoints IBM to deploy IT Infrastructure for Smart Township
Wave Inc has engaged IBM to provide a roadmap to make its green-field township, Wave City, a smarter township. Located in Ghaziabad (Uttar Pradesh State).
RICS and Sam Circle Venture launch mass housing concept with lesser time
RICS launched a revolutionary concrete panel based mass housing concept – known as ‘India Concept House (ICH)’ in partnership with Sam Circle Venture and its partners, KieranTimberlake and ProjectWell.
Dewan Housing unit plans to raise Rs 2 bn real estate fund
ArthVeda Fund Management, a unit of Dewan Housing Finance Corp. said on Tuesday, December 6, it plans to raise Rs.2 billion (about $40 million) to invest in greenfield real estate projects.
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.
Indian developer announces Dubai foray
India-based Pacific Real Estate Development has announced its first property venture in Dubai, the 28-storey luxury tower at Tecom Media City.
Omkar Realtors awards Rs 579-cr construction contract to L&T for slum rehab buildings
Mumbai-based Omkar Realtors & Developers has awarded construction contracts worth Rs.579-crore to Larsen and Toubro (L&T) for three of its SRA projects.
DLF to divest entire stake in Galaxy Mercantile
DLF has signed an agreement to divest all its stake in Galaxy Mercantile Ltd, a joint venture company between DLF Home Developers Ltd and Infrastructure Development Finance Company Ltd (IDFC).
Investors Clinic opens in Dubai
Investors Clinic Infratech, the real estate marketing and brokerage firm operating under the brand name of ‘Investors Clinic’, has set up its first international operations in Dubai.