Realty News
A rise of 20.26 % has been observed for loans to commercial real estate that indicates a considerable credit demand rise. The growth in India’s commercial real estate has been at a high for more than a year and reflects the need of developers to continually borrow in order to stay afloat in the market [...] Continue Reading »
The ban on DLF made by SEBI from accessing the Capital market for 3 years has been opposed and an appeal has been filed against it by the top executives of DLF India Ltd. The appeal has been made to the Securities Appellate Tribunal (SAT) on 11th November. What the appeal was about: The appeal [...] Continue Reading »
Property consultants Cushman & Wakefield are hopeful of further growth in the Indian real estate sector, going by governmental emphasis on smart city development and housing in general. One of the leading property consultants in the country, Cushman & Wakefield has predicted better times for the real estate sector ahead. The market has remained dull [...] Continue Reading »
Capitedge India is presently planning to invest in two residential projects and raise around Rs.300 crore through private equity for two upcoming residential projects. Capitedge India Investment was a joint venture started out by 6 members of Wells Fargo Real Estate Advisors Pvt. Ltd. after the latter decided to stop any further investments in India [...] Continue Reading »
As a welcome development for the realty sector, the Delhi based realty company Ambience has pledged investments to the tune of INR 1, 950 crore throughout a period of four years for its new luxury housing endeavours. These luxury projects will be based in Noida and Gurgaon respectively and are representative of the new found [...] Continue Reading »
Wockhardt Hospitals, after a major shaving a few year back, is now readying to move ahead with expansion plans. Five years ago, the private chain of tertiary care centres had sold more than half of their hospitals to Fortis. Out of their 17 hospitals, Wockhardt had to sell 10 hospitals to Fortis to repay debt. [...] Continue Reading »
As more and more foreign real estate companies and investors are looking to enter the Indian markets owing to the relaxation in the FDI norms, market regulator SEBI has proposed allowing of Foreign Venture Capital Investors (FVCIs) in Core Investment Companies (CICs). SEBI has floated its proposal to allow investment in real estate projects under [...] Continue Reading »
In what can be termed as good news for the Indian real estate sector, Milestone Capital advisors, a well known private equity fund that invests in realty projects has managed to raise nearly Rs. 170 crore for its structured debt fund. Milestone Capital advisors plan to raise a total of Rs. 500 crore in the [...] Continue Reading »
With the central union cabinet giving a green signal to the new FDI norms in real estate and construction segment, real estate companies facing heavy debt and sluggish liquidity are hopeful of a turnaround. Real estate experts believe that the relaxation of FDI norms is a win-win situation for both builders as well as buyers [...] Continue Reading »
Mahindra Lifespace Developers Limited has kicked off their race in the weekend homes sector with their new venture, “The Serenes”. Located at Alibaug, a mere 0.7 km from the gorgeous Nagaon beach, The Serenes is bound to attract attention to the already thriving weekend hotspot that is frequented by the Mumbai upper class. The developers [...] Continue Reading »
