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Realty capital value growth highest in Pune, Delhi-NCR

Realty capital value growth highest in Pune, Delhi-NCR
Hyderabad- Among the seven top metrocities, Delhi-NCR and Pune had the highest growth in the realty capital value during 2012. According to Jones Lang Lasalle, the average growth in the capital value was between 1-3 percent. The rate of capital value growth was slower in cites like Bangalore and Hyderabad and even the price correction [...] Continue Reading »

Phoenix Mills plans to buy Everstone’s fund at 68 Crore

Phoenix Mills plans to buy Everstone’s fund at 68 Crore
Bangalore- Phoenix Mills Ltd is planning to buy Everstone Capital’s real estate fund in Bangalore for $12 million (Rs 68 crore). The firm is in talks to buy 7.73 percent stake of Horizon Realty Fund LLC and 18.27 percent stake of Horizon Ventures II, which together, is approximately worth Rs 261 core. As of now, [...] Continue Reading »



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