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  • Berggruen Holdings to Invest $300 m in India

    Berggruen Holdings is a private company, with interests in private equity, stocks and bonds, hedge funds, art and real estate. Berggruen Holdings is a New York-based fund which manages proprietary capital worth over $1.5 billion, plans to invest over $300 million in India over the next three years in hospitality, real estate, education, ...
    Posted to India Real Estate News Weblog (Weblog) by 233134 on September 18, 2008
  • Phoenix Group Global to set up hotels in India

    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 up a deluxe five-star business hotel at Whitefield in Bangalore at a cost of Rs.100 -150 ...
    Posted to My Bangalore Blog (Weblog) by 233134 on February 28, 2008
  • Reliance, Hiranandani, DLF in race for HUL's Brookefields, Bangalore

    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 at Brookefields, located in the heart of the city’s IT corridor, is expected to ...
    Posted to My Bangalore Blog (Weblog) by 233134 on August 2, 2007
  • SunCity enters India, Big Plans for Bangalore

    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 India's property market attractive to many foreign developers, including those ...
    Posted to My Bangalore Blog (Weblog) by 248075 on July 21, 2007
  • AIG arm in talks to buy 15% in Benaglooru based RMZ

    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 to the deal and make a formal announcement shortly. This would be one of the largest private ...
    Posted to My Bangalore Blog (Weblog) by 233134 on April 2, 2007