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Unstable markets have prompted Puravankara Projects, a Bangalore-based real estate company, to revise its initial public offer (IPO) price from Rs 500-525 per share to Rs 400-450 per share and extend the closing date by five days to August 8. The company 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...
Bangalore, 20th July, 2007: Skyline Constructions and Housing Pvt. Ltd., one of the top builders in Karnataka and creators of luxury homes launched their ‘Blueberry Hills’ project in Mangalore today. Mr. Avinash Prabhu, MD of Skyline Constructions Read More...
INDIA will feature prominently in Sunway City Bhd's (SunCity) regional expansion plans as the country offers ample opportunities for developers to partake in the unprecedented growth in the real estate sector. Its sheer size and growth prospects make Read More...
Girish Purvankara , MD of Purvankara Projects said that the money raised from the public issue will be utilized for buying more land. They have developments happening in Bangalore, Kochi, Chennai and Coimbatore. Excerpts from CNBC-TV18's exclusive Read More...
BANGALORE: Real estate major Ajmera Group, part of the $450-million Mumbai-based Ajmera Group of Companies, is looking to expand its footprint in Bangalore in a big way. The company’s plans entail investing close to Rs 300 crore on residential developments 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...
The Bangalore-based real estate and infrastructure developer IDEB Projects, which received $34-million private equity funding from the US-based Samsara Capital LLC in February this year has used the funds to build its land bank and ramp up the existing Read More...
BANGALORE: The physical map of M G Road is all set to change. The famous promenade, the walking strip and fully grown trees will make way for the biggest infrastructure project in Bangalore — the Metro Rail. A few weeks from now, the road will be Read More...
Property tax: existing system to continue BANGALORE : The Bruhat Bangalore Mahanagara Palike (BBMP), which had earlier planned a uniform taxation system for the city, has now decided to continue with the existing system based on Self-Assessment Scheme 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...