Real estate deal
Shriram Properties Ltd, a part of the $15 billion diversified Shriram Group, has struck a landmark real estate deal with the family of the legendary film producer A V Meiyappan in about 6.5 acres of prime land at Vadapalani in Chennai. This land is a part of the campus which is the home for India’s [...] Continue Reading »
Shriram Properties Ltd, a 15 billion dollar segment ofits broadened horizons Shriram Group has sealed a momentous real estate deal. The deal has taken place with renowned film producer A V Meiyappan’s family. AVM Balasubramanian, one of the five sons of Meiyappan has entered in an agreement with Shriram’s real estate segment. The deal agreement [...] Continue Reading »
Private equity major Actis is revealed to be the forerunner to buy Cinemax India Ltd,. The multiplex chain had been put up for sale by its promoters. Kanakia family, the promoters of Cinemax, expects a valuation of around Rs 700 crore, including a debt of Rs 100 crore. The Kanakias own close to 70 per [...] Continue Reading »
Today Mumbai real estate industry is facing serious problems and this has been happening because of the improper governance in the real estate sector. Rs 800 crore worth real estate deal is bouncing in the hands of top city builders encouraging illegality in it’s construction and transactions. The state government itself agrees saying that the [...] Continue Reading »
