Assotech Realty
Private equity (PE) firm Milestone Capital Advisors Ltd is all set to buy apartments in bulk in Assotech Realty Pvt. Ltd’s project in Gurgaon. The funding for this purchase will be done with an element of structured debt. This investment is one of the last couple of deals that remains to be done from Milestone Domestic [...] Continue Reading »
Supertech, real estate major, have been asked by the Allahabad High Court’s in recent order to demolish two towers in Noida for violating building laws that has left the residents in the lurch even as the developer grapples to refund their money with 14% interest. There are several other developers in Noida and Ghaziabad against [...] Continue Reading »
While big realty players like DLF and Unitech seem likely to sell their non-core assets like hotels smaller developers realize an advantage in developing hotels as it increases project valuations. According to industry analysts, real estate players can extract the best valuation by doing mixed land development where they build hotels along with residential and [...] Continue Reading »
The Assotech Realty a Delhi-based real estate player is planning to launch service apartments in and around major cities in India. The Assotech Realty managing director say that they already own land in Ahmedabad, Katra in Jammu and Hyderabad in which service apartments will be launched. At present the realty company will be launching a [...] Continue Reading »
