Tag: Future Group

HCC To Invest Thousand Crore Rupees In Townships

HCC Real Estate Ltd (HCCREL), the real estate arm of construction major Hindustan Construction Company (HCC), is in the process of entering into large size land deals. The plots, aggregating 1,550 acres in various parts of India, will be used to develop townships. HCCREL is planning to invest a thousand crore rupees in the initial […]

Investors Are Not Showing Interest Toward Commercial Properties

India’s emergence as a leading IT and ITES destination has witnessed a huge demand for high quality office space. Again, the dependence on one sector could also have a serious impact. Knight Frank’s Vakil said that there is already a slowdown as far as commercial property is concerned. The scenario presents a few interesting constituents. […]

Retail sector to consolidate in medium term

KOLKATA: Rising retail industry in India would see a phase of consolidation in the medium term while ill-planned malls were likely to go out of business, an official of real estate management company Jones Lang LaSalle Meghraj (JLLM) said. “There is a enormous potential for the retail sector in the country since India is a […]

DLF IKEA Joint Venture

DLF is discussing with Ikea, world’s largest home furnishings retailer, for a bid to bring the Swedish brand into India.  The developer is looking into the prospects of a joint venture with Ikea on a sharing ratio that was yet to be decided by the time this information had been published.  The purpose of this […]

AV Birla Group Starts Private Equity Business

AV Birla Group is entering private equity business. It is expected that the first investment will be made within a fortnight. It is doubtful if the Mumbai based group, with presence in aluminum, copper, carbon black and financial services, will raise capital from outside for the proposed private equity activities. It seems that the initial […]