Tag Archives: Property Developers

Feature Of Real Estate Industry In India

The real estate sector in India has now become one of the most important sectors in the recent times, thanks to the rising prices of land.
Today real estate sector has become a reckoning force in the economy of India. This sector which till few years back were unknown to most of the investors and people [...]

Pune Real Estate Witnesses Investment Explosion

Pune property market is one of the most active segments in Western India. Private property developers along with local property builders and civic authorities are pouring in more investments in the city.
Recently, Milestone Capital Advisors announced an investment of Rs300 crore for commercial real estate development in Pune. Milestone is a fund house and focuses [...]

Modern India disclosed investment plan

Mumbai-based Modern India Ltd has planned two thousand crore rupees investment plans for Rajasthan. Further, it also plans to construct a five-star hotel in Udaipur and a special economic zone (SEZ) in other parts of the state.

Indiabulls realty purchases majority stake in Dev Property

MUMBAI: Indiabulls Real Estate(IBREL), the real estate division of the Indiabulls group, has decided to take greater part stake in Dev Property Developers, the London-listed property fund, in order to gain best part control over two of its prized properties in Mumbai. IBREL has bought over 90 percent in DPD for about Rs 1,100 crore.
DPD, [...]

Realty firms raise maximum through IPOs in 2007: Assocham

According to industry body Assocham Real estate companies mopped up a large amount amount through early public offers on stock exchanges during 2007.V. Dhoot president of
Assocham chamber states that  although high interest rates, the real estate sector remained buoyant during 2007 primarily due to the well-built underlying demand, aggressive marketing, entry of fresh players [...]

Walton Street of US will invest Rs 1000 crore in realty

MUMBAI- THE US-based hospitality and real estate fund Walton Street Capital (WSC) has decided to invest Rs 1,000 crore in the booming Indian real estate market in 2008. It has already united with property developers for investing Rs 600 crore at the project level. These investments will be made in special purpose vehicles (SPV) floated [...]

Developers shrug off REIT plans, looking out of the country

MUMBAI - Property developers are expected to turn overseas to list Real Estate Investment Trusts (REITs) as proposed local rules favour funds and small investors rather than real estate companies, officials said.
Developers are hoping to recover costs by selling properties to REITs in which they hold a controlling stake. However, draft rules, which restrict ownership [...]