PE money in real estate down 20%
Private equity investment in India’s real estate sector declined by around 20.2% to $831 million (about Rs.3,740 crore) in the first five months this fiscal due to sluggish demand.
Private equity investment in India’s real estate sector declined by around 20.2% to $831 million (about Rs.3,740 crore) in the first five months this fiscal due to sluggish demand.
As part of Rustomjee Group of School’s efforts to invest in human capital for sustainable economic development, RAGC has joined hands with Don Bosco’s St. Joseph’s Industrial Training Institute to impart vocational training.
Despite the strong probability of correction of residential property prices…
Jaycee Homes from the Bhagtani Group is near completion of its luxurious residential project – Bhagtani Krishaang at Powai.
While the real estate carries home the point that the very nature of business has gone for a change with second generation taking over the business, professionals driving the show and efforts for an overall image makeover.
The Competition Commission of India (CCI) penalty of Rs.630 crore on DLF has raked up the old debate in the sector as to whether the business falls under the service sector.
Residential prices in Asia continue to increase, contrary to the pattern elsewhere, according to the Global House Price Index for the second quarter of 2011 by property consultant Knight Frank.
‘Winning the decade,’ is the focal theme of the fourth edition of GIREM, Global Initiative for Restructuring Environment and Management, the flagship urban development and real estate conference to be held at The Zuri White Sands, Goa.
Following demands from different quarters and to facilitate more discussion and debate on the Draft Development Plan for Hyderabad Metropolitan Region, the last date for objections and suggestions would be extended by two months.
DLF has sold a 28-acre plot in Gurgaon to M3M India for Rs.440 crore, in the first among many such big-ticket sales it has lined up this fiscal to bring down mounting debt.