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NEW DELHI: The Private equity investment arm of AIG is learnt to be in advanced stages of negotiations for acquiring close to 14-15% stake in Bangalore-based real estate firm RMZ, for about $350 million. The companies are likely to give finishing touches Read More...
New Delhi, India, February 21, 2007 - Bharti Retail (Pvt.) Limited, a wholly owned subsidiary of Bharti Enterprises, today announced the strategic roadmap for its retail operations in India. As part of its plans to provide a world-class retailing experience Read More...
Mumbai, India, February 22, 2007 - UK-based investment firm Dawnay Day International plan to invest $1.5 billion in Indian realty over the next few years. Areas of interest include residential developments, townships, and warehousing. Dawnay Day which Read More...
Bangalore-based Nitesh Estates has announced that New York-based Och-Ziff Capital Management Group has picked up 25 per cent stake in the company for $51 million. Och-Ziff Capital Management Group is a global hedge fund with assets worth $21 billion, Read More...
IDEB Projects Pvt. Ltd., a Bangalore-based construction and property development company, has raised $32 million from a private equity placement with U.S.-based Samsara Capital, the Indian firm said. IDEB is is developing over 8 million sq. ft. of land, Read More...
Bangalore Feb.15 The city-based real estate developer DivyaSree Developers Pvt Ltd has received $100 million from TPG-Axon Capital, a global investment firm managing over $7 billion in capital, to pick up a minority stake in the company. According to Read More...
Dubai-based realty company Emaar group is all set to invest Rs 10,000 cr in developing malls in India through its joint venture company Emmar MGF Ltd. Mr Susil Dungarwal from Prestige group has been roped in to head the mall business. Emaar-MGF, which Read More...
Zurich-headquartered Credit Suisse, a 150 year old company providing a gamut of financial services, is looking at investing in the Indian realty sector. US-based financial services giants Goldman Sachs and Morgan Stanley have managed a strong foothold Read More...
At a recent real estate and urban studies panel discussion at Indian School of Business (ISB), Mr Shyam Prasad Reddy, MD & CEO, Indu Projects Ltd said that our Indian realty sector is expected grow from the present level of $14 bn to $102 bn in the Read More...
The American Chamber of Commerce in India (AMCHAM) recently declared that retail, food processing and real estate were the emerging sectors in India that can attract American small and medium enterprises into the country. The chamber is working towards Read More...