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Ernst & Young

Experts expect investments worth $ 10 Billion via REIT route this fiscal

Experts expect investments worth $ 10 Billion via REIT route this fiscal
Real Estate Investment Trusts (REITs) are expected to raise a whopping $10 billion this fiscal itself after it was launched in the maiden budget presented on July 10. They are expected to provide relief to the real estate industry which has been reeling under the liquidity crunch for the last few years. REITs would get [...] Continue Reading »

Blackstone offers Rs 560 cr to buy a part in UB City

Blackstone offers Rs 560 cr to buy a part in UB City
Bangalore- Vijay Mallya’s investment holding company UB Holdings has got a jumbo offer by Private equity giant Blackstone, revealed sources. The PE firm has offered around Rs 560 crore to the company to buy out the prime office and retail real estate blocks in UB City, the biggest commercial property project in Bangalore. As an [...] Continue Reading »

Real Estate meet to be held in Bangalore

Real Estate meet to be held in Bangalore
Federation of Indian Chambers of Commerce & Industry (Ficci), is organising a day-long South Indian Real Estate Conference 2012, on August 3, 2012, at the Hotel ITC Windsor, in Bangalore. The meet will be held in the backdrop of the real estate sector witnessing tremendous growth in recent years and the prospect of the sector’s [...] Continue Reading »



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