Goldman Sachs
Around a dozen high-net-worth individuals, including the CEOs and top lawyers, are planning to send a legal notice to developers Century Real Estate Holdings and Goldman Sachs for delaying their homes in an upcoming Four Seasons hotel-cum apartment block in Bangalore where apartments are priced at Rs 4-15 crore. The buyers in this apartment include [...] Continue Reading »
Goldman Sachs and Century Real Estate Holdings, both are jointly developing India’s second Four Seasons hotel in Bangalore. However there is some bad news looming for them round the corner as the construction major ShapoorjiPallonji& Co Ltd (SPCL) has threatened to take legal action against them. The Wall Street bellwether Goldman Sachs has a 73 % [...] Continue Reading »
In a recent announcement, Embassy Group – the developer of Southern IT Park – has revealed that it has efforts underway to acquire India’s second Four Seasons hotel, as well as the Four Seasons branded residences, in Bangalore from the Wall Street bellwether Goldman Sachs. The acquisition, as per the details shared by Embassy Group, [...] Continue Reading »
Eighteen months ago, Global financial leviathan Goldman Sachs had reached an agreement with Kalyani Group – a real estate developer based in Bangalore, to lease almost 1.6 million sq ft of office space in the city. With a rental lease of around Rs. 60 crore a year for one million sq ft, this was one [...] Continue Reading »
As per a report by Goldman Sachs, during the fourth quarter of 2013, the volume of residential units sold in Gurgaon and Mumbai has come down by 77 per cent and 45 per cent, respectively. However, by value sales in Bangalore went up six per cent year-on-year, while those in Gurgaon and Mumbai went down [...] Continue Reading »
Honeywell Technology Solution, one of the global technology firms, is taking up a million square feet of office space in Bangalore. This is the second biggest office leasing deal in the last two years in the country after Goldman Sachs took up 1.6 million sq ft in the city a year ago. RMZ has quoted [...] Continue Reading »
The India’s industrial standards is being compared with the international standards in a report of Toronto-based architect Adamson Associates. The report by the architect which is to construct a campus in Bangalore for around 4,000 Goldman Sachs staff, criticised India’s construction standards as it faced an array of obstacles including shoddy construction, corruption, poor sanitation [...] Continue Reading »
US banking group Goldman Sachs has agreed to take on lease 1.6 million sq ft of office space in Bangalore. This will be the biggest recorded commercial property deal in India. In the first phase of the transaction the investment bank initially taking up one million square feet. Another 600,000 square feet will be taken [...] Continue Reading »
India’s largest developer DLF had said that it plans to sell developed assets, including IT parks and its hotels business as well as hotel plots to raise Rs 7,000 crore over the next two years. The company reported that the money from the sale of non-core assets was Rs 165 crore in April-June quarter. The [...] Continue Reading »
