India to face real estate and construction crisis with demand-supply gap of 44 million core professionals by 2020
RICS has released its research report ‘Real Estate and Construction Professionals in India by 2020’.
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Morgan Stanley PE faces Rs 200 cr loss
Fishing in the troubled waters of Indian real estate, Morgan Stanley Private Equity is staring at Rs.200 crore loss.
Largest PE deal in Bangalore after three years for Rs 800 crore
Mapletree India China, a wholly-owned subsidiary of Temasek Holdings of Singapore, has acquired 100% stake in a Bangalore technology park for Rs.800 crore.
Indian realty expo in Doha tomorrow
Confederation of Real Estate Developers’ Associations of India (CREDAI)’s Kochi chapter is organising a two-day property expo, along with Times of India, starting tomorrow, Nov 18, at Regency Hall, Doha.
Ozone Group launches Urbana; raises Rs 500 crore
Ozone Group, the Bangalore-based realty developer, is raising a debt of Rs.500 crore from a consortium of banks led by State Bank of India (SBI) for its upcoming residential cum commercial township project – Ozone Urbana.
Redevelopment: A fresh look at urban renewal in a changing India
Redevelopment as a method of urban renewal may involve relocating businesses and people. It must produce tangible economic benefits so that the trouble and expense of redevelopment is justified.
Omkar Realtors receives Rs. 250 crore commitment from Red Fort Capital
Omkar Realtors & Developers has announced a Rs.250 crore commitment by Red Fort Capital to its premium residential project in Mumbai’s suburb of Malad, named Omkar Alta Monte.
Whatever the odds: K.P. Singh tells his story
Whatever the odds: The incredible story behind DLF’ is a first-hand account of the journey traversed by a village lad, from the rural belts of UP all the way to the elite billionaire club.
Rise in loans to real estate, retail disproportionate
The Reserve Bank of India (RBI) has pointed out banks’ disproportionate growth in loans to the commercial real estate sector, the retail segment and the infrastructure sector.
No interest on EMIs of Noida Extn buyers
The NCR unit of CREDAI has given some relief to the home buyers of Noida Extension by directing all developers to not charge any interest on pending EMIs.