Resources
Century Real Estate, one of the leading realty players of Bangalore, is likely to buy at least half the investment from Fortress Capital, a global private equity fund that had invested about $100 million in 2007. The company is one of the largest land-bank owners in Bangalore. It had embarked into developing various commercial and [...] Continue Reading »
Many builders are finding it difficult to service loans-the combined debt of the top eleven listed real estate firms is 38,500 crore. In such a gloomy scenario, builders sharing resources-man, machine, land and finances-would help control costs and keep a check on inventory. Few builders have decided to build joint projects using one builder’s land [...] Continue Reading »
