Photo by Photos8.comIL&FS private equity is planning to increase its investment in infrastructure and Real Estate sector by the end of FY10. They announced to increase their investment from 660 million US dollars to 1 billion US dollars in the infrastructure sector. In the realty sector they already have investments of 1.6 billion US dollars. […]
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Also tagged 1 Billion, Billion Dollars, Hcc, Infrastructure Sector, Investment Managers, Investments, Milestone, Real Estate, Real Estate Project, Real Estate Sector, Reputation, Residential Space, Sectors, Segment, Stake, US Dollars, Vice Chairman
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January 11, 2009 – 11:32 pm
Unitech, India’s second largest listed real estate company, is looking at restructuring a Rs 800-crore loan from public sector banks, as it attempts to save itself from sinking under the huge debt burden. The company is pinning its hopes on debt restructuring, asset and stake sales to private equity (PE) funds to pay a debt […]
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Also tagged Bank Of India, Commercial Real Estate, Company Executive, Debt Burden, Debt Restructuring, Gurgaon, Land Banks, Land Dues, Land Parcels, Non Performing Assets, Public Sector Banks, Rbi Directive, Rbi., Realty Firms, Reserve Bank Of India, Unitech
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November 18, 2008 – 3:44 am
Unitech repays Rs 200-crore loan to Indiabulls Financial Real estate player Unitech has managed to raise around Rs 200 crore through partial monetisation of assets and internal debt restructuring within the group to pay back the 45-day debt taken from Indiabulls Financial Services (IBFSL). The deadline to pay back the debt was November 17. Sources […]
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Also tagged Assets, Avenues, Bombay Stock Exchange, Collaterals, Debt Restructuring, Escrow, Gurgaon, Home Loan Rates, Indiabulls Financial Services, New Delhi, Real Estate Developers, Real Estate Sector, Saket, Slowdown, Unitech
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November 6, 2008 – 1:20 am
Real estate prices are unlikely to see the heady levels of late 2007 and early 2008, anytime soon. That could make clear why more promoters are getting serious about tapping opportunities in the affordable housing. On Tuesday, Rohtas Goel, chairman of Delhi-based real estate company, Omaxe, bought out the company’s 51% stake in National Affordable […]
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Also tagged Administrative Expenses, Affordable Housing, Business Model, Downturn, First Right Of Refusal, Flagship, Goel, Good Business, Group Firms, Independent Directors, Promoter Group, Promoters, Right Of Refusal, Rohtas, Stake
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October 22, 2008 – 5:18 am
Uncertainty in the equity market seems to be paving the way for newer investment opportunities. Private equity (PE) players have been quick to recognize these. Of late, their attention seems to have shifted from the most-talked about sectors like real estate and financial services, which were the flavour of the season till some time ago, […]
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Also tagged Business Sense, Education Health Care, Financial Services, India, Indian Economy, Infrastructure, Investment Interest, Investment Opportunities, Investors, Logistics Warehousing, Real Estate Sector
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October 16, 2008 – 6:13 am
Real estate firm TDI Infrastructure plans to invest Rs300 crore in developing two township projects over the next 4-5 years. “In the next six months, we will be launching two residential townships in Indore and Meerut spread over 150 acres each. Once all regulatory issues are solved, we will start construction,” TDI Infrastructure Managing Director […]
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Also tagged Banking System, Construction Solutions, Constructions, Disbursement, Gurgaon, Indore, Infrastructure, Liquidity, Plot Owners, Quality Products, Regulatory Issues, Taneja, Townships
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August 11, 2008 – 12:44 am
The Indian real estate sector is breaking new ground, by adopting information technology (IT). In recent years, many real estate companies have been taking to end-to-end IT solutions in a bid to automate their business processes. This has not only helped to increase efficiency and cut cost but also to make their functioning more transparent, […]
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Also tagged Business Processes, Construction Solutions, Enterprise Resource Planning, Escalation, Foreign Direct Investment, Foreign Investment., Generation Owners, Information Technology, IT Sector, Real Estate Sector, Second Generation
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Real estate and infrastructure management sector saw Private Equity (PE) deals worth $2.32 billion in the first half of 2008, nearly 3% higher than the same period of previous year, even as the average deal size fell over 9% reflecting the sluggishness in the market. According to Grant Thornton, 33 deals were inked in the […]
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Also tagged Axis Bank, Bank Debt, Construction Company, Convertible Debentures, Infrastructure Management, June, Lehman Brothers, Management Sector, Market Sentiments, Real Estate Partners, Western Expressway
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In what would be the first major fund infusion into the Emaar MGF Group after a failed IPO, one of its promoters, Dubai-based Emaar is learnt to be investing $150 million to pick 20-25% stake each in three real estate projects of Emaar MGF. This would be separate from its equity contribution in the JV […]
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Also tagged Commercial Projects, Commercial Retail, Emaar Mgf, Gurgaon, Home Buyers, Hospitality Sector, IPO, JV Partner, Lehman Brothers, Market, property, Realty Firms, SPV
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Increasing interest rates and a declining demand may dent the realty market in India. However, the long-term forecasts for the sector continue to be good, senses the industry. At a seminar on the real estate market in India here on 27th June, most of the realty players confessed that there was a liquidity crunch due […]
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Also tagged Hedge Funds, Investing In India, Local Markets, Long Term Forecasts, Management India, Pension Funds, Property Management, Real Estate, Realty Market, Saffron, Term Investors, Term Prospects
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LONDON: Private equity real estate firm Benson Elliot Capital Management has bought a 70% stake in Spanish developer Promobuilding SL in a bid to cash in on distressed house building projects in Spain’s faltering economy. The acquisition, which has been accomplished via a recapitalization and subscription for new shares, is predicted to provide privately owned […]
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Also tagged Benson, Benson Elliot, Building Projects, Capital Management, Economy, Housing Market, Hundred Million, Investment Opportunities, Spain, Spanish Market, Stake, Xavier
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Trashing the age-old belief that a fall in equities would result in flattening real estate prices, high net worth investors (HNI) are pushing wealth advisers for more exposure to realty assets. According to industry sources, the coming months are expected to witness the launch of real estate portfolio management services (PMS) by wealth managers. Though […]
In the scenario of high land prices and tight liquidity, builders are increasingly exercising caution and adopting risk mitigation strategies to move ahead. Where 18 months ago, they were ready to throw money on land parcels, they are now more realistic in acquiring these and seeing what they can build on that piece of land, […]
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Also tagged Banks, Extent, Fund, Joint Ventures, Land Parcel, Landowner, Money, Profit, Project Developers, Realtor, Risk Mitigation, Tight Liquidity, Upfront Cash
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February 1, 2008 – 11:58 pm
Private equity firm Red Fort Capital preparing to spend about Rs 2,700 crores in real estate by 2009, including acquisition of 2,500 acres of land in over 20 cities all over the country. “By 2009 we would have empowered about Rs 2,700 crores in expansion of projects in Indian real estate. Out of which, about […]
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Also tagged Acrs, Crore, Crores, Economic Zones, Gun Shy, India Real Estate, Kolkata, Mid Size, Outer Edge, Private Equity Firm, Project Basis, Pune, Residential Units, Retail Spaces, Rfc, Rs 2, Rs 800, Technical Ability, Tier Ii, Vishakhapatnam
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January 28, 2008 – 6:09 am
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 […]
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Also tagged Aditya Birla Nuvo, Aluminum, AV Birla Group, Bharat Banka, Birla Group, Business Purpose, Cfo, Corporate Finance, Financial Services Business, Future Group, Initial Contribution, Multinational Company, Offshore Funds, PE, Reliance Capital, Retail Business, Sumant, Sumant Sinha
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