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UAE-based Phoenix Group Global, a major player in hospitality, realty and floriculture sectors is will make its presence felt in India by investing an additional Rs.1500 crore in the hospitality and realty sectors in a couple of years. The group is setting Read More...
ITC's subsidiary hotel company Fortune, which addresses the mid-segment, has announced plans to set up its own hotels. Under its Fortune brand, the hotel chain sets up properties with local partners, offering only management and operations support. 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...
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...
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...
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...
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...
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...