RMZ Corporation
A prospective special purpose vehicle (SPV) route is being explored by Bangalore-based real estate developer RMZ Corp to expand into other cities. For further expansion, RMZ has apparently set its eyes on Chennai. Moreover, the company is also apparently planning to venture into office space realty by expanding into Mumbai, NCR, and Hyderabad. In fact, [...] Continue Reading »
According to sources, AIG Global Real Estate, a New York-based private equity fund has bought Bangalore-based developer RMZ Corp’s 50% stake in their stalled joint venture mall project in Hyderabad. RMZ has exited its Rs 53-crore investment in the mall-cum-office project, according to sources. AIG is planning to construct a residential property on the 11 [...] Continue Reading »
Hyderabad- To end the dispute and joint venture with its partner, AIG Global Real Estate has decided to sell developer RMZ Corporation’s stake in a proposed Hyderabad project. They have also decided to part their ways in their other projects as well. AIG Global Real Estate is a New York-based private equity fund company while RMZ is a [...] Continue Reading »
High Net worth Individuals are attracted by the high end real estate market in Bangalore. The launch of premium segment apartments in Bangalore are increasing as the demand for luxurious homes above Rs 1.5 crore is increasing. Some of the key luxury projects launched in 2011 includes Nitesh Logos at MG Road, Four Seasons’ CityView [...] Continue Reading »
