Residential projects
As a result of funding gap, many housing projects have been shut down and as a result, economy has slowed down. The government has directed many banks across the state to unblock values of stalled projects and provide financial dose to turn them viable. National housing bank (NHB) decided to begin the search for the [...] Continue Reading »
Mysore’s real estate has received a boost as construction activity, with the city’s municipal corporation issuing over 100 licenses to builders for residential projects. Most of the realty developments are coming up along the arterial and peripheral roads, especially the Outer Ring Road area. The local players in the residential property segment are hopeful of [...] Continue Reading »
Mysore realty market has become an attraction for non-resident Indians (NRIs). NRIs and expats from Karnataka are increasingly showing an interest in the real estate market of Mysore for residential as well as for business purpose. Currently, there are over 30 residential projects in Mysore being developed primarily for NRIs. The reason behind the increased [...] Continue Reading »
Motilal Oswal Private Equity, an India-focused risk capital firm, is raising a Rs 500-crore real estate fund that will invest primarily in residential projects. This comes at a crucial time as private equity investments in the Indian real estate market have sharply dipped in the first three quarters of 2012. As per sources, the new [...] Continue Reading »
Mumbai-based real estate major Godrej Properties Ltd (GPL) will raise Rs 200 crore by issuing commercial paper. It will allow the firm to raise money from a broad set of investors at attractive rates, largely for working capital requirements. GPL sources state that commercial paper provides for better rates with a wider set of investors [...] Continue Reading »
The private equity arm of Housing Development Finance Corporation (HDFC), HDFC Property Fund, plans to raise a $500-million real estate off shore fund by the end of 2012. The company is planning to raise the capital in a single close deal and is in talks with sovereign funds, including Government of Singapore Investment Corporation (GIC) [...] Continue Reading »
Brick Field Gem Park, a residential project by Artha, is coming up at Sarjapur, Bangalore. It has a wide range of offering – from premium villas to luxury and presidential villas. The villas are built up at an area of 1244- 3282 Sq.Ft. As there is a range of segment, the project offers homes to [...] Continue Reading »
ASK Property Investment Advisors (ASK PIA), the real estate private equity arm of the ASK Group, have made the fourth investment from its second real estate fund. It invested Rs 100 crore (around $18.2 million) in Shriram Properties’ residential project in Bangalore. ASK PIA invested in Walton Street Capital and Starwood Capital-backed Shriram Properties’ upcoming [...] Continue Reading »
Artha, the flagship brand of Bennett Property Holdings Company Limited, has one of the strongest presence in real estate industry. A household name in Bangalore and Chennai markets, Artha was conferred the Power Brand status by UK’s prestigious Brand Finance Institute. It was also recognised at National Real Estate Awards in 2011 as ‘The Most [...] Continue Reading »
Greater Bangalore Eco Assets Pvt Ltd, formerly Greater Bangalore Estates, are one of the top builders and developers in Bangalore. Established in 1996, they have had mighty experience in promoting and developing residential properties in Bangalore and the city’s periphery. The company boasts of a team of expert consultants and associates who possess technical depth, [...] Continue Reading »
