Milestone directors to decide on new CEO soon
The Board of Directors of Milestone Capital would meet in a couple of days to decide on a successor to Ved Prakash Arya, Managing Director and Chief Executive Officer of the private equity company.
Browsing: India Property
Pantaloon earmarks Rs 900 crore for real estate over 3 years
Pantaloon Retail India Ltd (PRIL) has earmarked a Rs.900 crore expenditure over the next three years on nine million square feet of retail space.
Azure Capital invests in three real estate projects
Azure Capital Advisors has invested Rs.50 Cr in three residential real estate projects in Bangalore through its India Realty Fund One.
Impresario raises Rs 48Cr from Mirah Hospitality, Beacon India
Impresario Entertainment and Hospitality Pvt Ltd, the Mumbai-headquartered company which runs a chain of fine-dining restaurants, has raised Rs.48 crore or $10.5 million from strategic investor Mirah Hospitality and Food Solutions Pvt Ltd.
Realty shares slide on demand worries
Eight realty stocks slipped 0.75% to 4.61% on Friday, August 26, at 14:43 IST on BSE on worries higher interest rates could dent demand for residential and commercial property.
CREDAI Tamil Nadu blames govt agencies for realty crisis
Confederation of Real Estate Developers’ Association of India (CREDAI), Tamil Nadu has blamed the two state government agencies of holding up residential and commercial projects worth Rs.7,500 crore by delaying approvals.
Noida Extension impasse a learning curve for realty sector
The Noida Extension has snowballed into controversy which could have been better avoided.
Carlyle Group invests $26 m in Jerry Rao’s housing co
The Carlyle Group on Thursday, August 25, said it has invested $26 million in Value & Budget Housing Corporation, the Bangalore-based low-cost housing developer promoted by former Mphasis Chairman Jaithirth Rao.
Silvex Realty forays into hospitality
Mumbai-based Silvex Realty Limited with services in construction, real estate and infrastructure has forayed into the hospitality industry.
Price per sq foot set to rise in real estate sector in TN
Despite strong growth potential for real estate in Tamil Nadu, the price per square foot is set to rise in the next two three months as the industry is reeling under a crisis.