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Colt DCS and RMZ Corporation have partnered on a $1.7 billion venture to bolster India’s digital infrastructure, meeting the surging demand in the country’s growing digital economy.
- 21st Nov 2024
- 1147 Views
Mumbai's luxury residential sector is a worldwide symbol of grandeur. Channel partners link developers and selective purchasers in this private sector, notably in the ultra-premium category, where knowledge and networks account for over 60% of transactions.
- 12th Nov 2024
- 1168 Views
Prestige Estates Projects' subsidiary Prestige Exora Business Parks purchased its partner's land parcel and development rights in Pune's desirable Kharadi neighbourhood. Land of about 4.5 acres was acquired for approximately ₹200 crore.
- 6th Sep 2024
- 1216 Views
Maharashtra's senior population is expected to reach 17% by 2036. A housing demand plan has been draughted by the state housing department. Senior housing is precisely defined and has specific planning and building guidelines under Unified Development Control and Promotion.
- 3rd Sep 2024
- 1190 Views
Golden Growth vehicle (GGF), a category-II alternative investment vehicle, aims to collect 400 crore for land purchase in South Delhi to create luxury apartments. After its first financing round, the fund bought property in South Delhi's posh Anand Niketan residential complex.
- 18th Aug 2024
- 1210 Views
Indian real estate developers have focused more on hotels due to the rising travel industry. Post-pandemic domestic travel is increasing demand for premium hotel infrastructure, especially in tier-2 and tier-3 cities.
- 15th Aug 2024
- 1220 Views
A real estate loan fund raised over ₹700 crore for mid-income and affordable housing projects in tier-I and select tier-II locations by WSB Real Estate Partners. Newly created, fourth SEBI-registered Category-II Alternative Investment Fund (AIF) closes with ₹1,000 crore target capital.
- 4th Aug 2024
- 1197 Views
L&T Realty and Valour Estate, formerly DB Realty, have partnered to create a ₹20,000-crore project on a 10-acre land block in Mumbai's Bandra Kurla Complex (BKC). The project will contain luxury apartments, commercial areas, and a 1,000-key five-star hotel near the Bombay High Court complex.
- 30th Jul 2024
- 1249 Views
Office space sharing company Awfis, which went public last month, reported a net profit of ₹1.3 crore for the January-March quarter, a significant turnaround from a ₹13.8 crore loss in the same period last year.
- 20th Jun 2024
- 1241 Views
Frustrated by an 11-year wait, 51 homebuyers have taken legal action against the directors of Kiyana Ventures LLP Developers and their partners for allegedly cheating them out of Rs 17.68 crore in an under-construction project in Siddharth Nagar, Goregaon West
- 10th Jun 2024
- 1293 Views
Signature Global acquired 14.65 acres of valuable territory in Gurugram's Sector 37D, near the Dwarka Motorway, to strategically develop. Sources estimate the transaction to be worth about ₹350 crore.
- 25th May 2024
- 1256 Views
The Ascott Limited, Singapore's hospitality giant, launches Citadines Paras Square Gurugram in North India via a strategic partnership with Paras Buildtech. Ascott's first hotel in the dynamic area expands its Indian portfolio to 18 hotels in Bangalore, Hyderabad, Pune, Goa, and Chennai.
- 7th Apr 2024
- 1416 Views
In a Rs 18,000 crore ($2.4 billion) initiative with the Abu Dhabi Investment Authority (ADIA) and Kotak Alternate Investment Fund, Prestige Group is developing residential projects in India. Partners will spend Rs 2,001 crore ($270 million) to accelerate early-stage housing developments.
- 3rd Apr 2024
- 1256 Views
At Sarovar Hotels, our vision is to become the preferred choice for guests, ensuring they return time and again. We achieve this by curating a diverse spectrum of services that uphold superior standards in accommodation, culinary offerings, staff professionalism, and facilities.
- 14th Mar 2024
- 1253 Views
Nisus Finance and its strategic partner BCD Group invested around Rs 105 crore in Suvita Real Estate, a wholly owned subsidiary of Shapoorji Pallonji Real Estate. This senior secured listed non-convertible debentures (NCD) investment in a 12.16-acre land parcel in Pune's Manjari-Budruk.
- 3rd Mar 2024
- 1323 Views