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This is a Good News for all those who has invested in Puravankara's IPO, Puravankara Projects registered a consolidated net profit of Rs 61.89 crore for the quarter ended June 30, up by 41 per cent compared to the corresponding quarter last fiscal. Read More...
Bangalore based real estate developer, Golden Gate Properties, is believed to be close to a sale of a 20%-30% stake in the company. Leading financial institutions like ABN Amro, Credit Suisse and Deutsche Bank are reported to be in the race for picking Read More...
BANGALORE/MUMBAI: Mukesh Ambani-led Reliance Retail is vying for Hindustan Unilever’s (HUL) real estate assets in Bangalore , which is on the block. Also in the race are real estate majors DLF, Hiranandani and Nitesh Estates. The 28-acre property Read More...
The Ritz-Carlton Hotel Company, L.L.C., the leader in global luxury hospitality, has announced plans for its first location in India. The Ritz-Carlton, Bangalore, a 250-room, five-star property, will open in the nation’s third-largest city by early Read More...
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...
BANGALORE: Hamburg-based real estate investment management company, Union Investment Real Estate AG, which manages assets worth over e13.2 billion globally, is in talks to buy out the Bangalore-based India Builders Corp’s Knowledge Park which is Read More...
Puravankara Projects, a Bangalore-based real estate company, is in talks with global hotel majors including Accor and Marriott to set up hotels and serviced apartments in Bangalore, Chennai and Kochi. Details regarding the size of the deal are not known. Read More...
MUMBAI: In yet another push to the growing Indian real estate market, a former Morgan Stanley head has launched an alternative fund that will focus on real estate opportunities in south India alone. Details about the size of the fund, named Ptarmigan Read More...
Delhi-based integrated real estate development company, DLF has lined up two integrated towhships in Bangalore with an investment of Rs. 400 crores. The company plans to set up the townships on Hosur Road and Bannerghatta Road. It has already taken possession Read More...
A recently survey conducted by Federation of Indian Chambers of Commerce and Industry (Ficci) said that a major chunk of real estate firms believe that the rising price in Indian real sector is here to stay. The survey, which is based on the findings Read More...
There may be some good news for all prospective home loan takers despite the recent increase in interest rates. The finance ministry is considering raising the tax concession ceiling for home loan borrowers. At present, interest up to Rs 1.5 lakh is tax Read More...
Bengalooru-based Golden Gate Properties is understood to be in advanced talks with 2 leading European banks, apart from the Blackstone Group, to raise close to $200 mn (Rs 900 cr). A company announcement on the same is expected shortly. Headquartered Read More...
Bharti Enterprises and French insurance major AXA are set to launch a realty fund. They are in talks to finalize the details of the joint venture. Both companies are also on the verge of launching an asset management company to tap the mutual fund segment. 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...