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Realtors say local govt bodies okay building plans only after green nod
This follows the Supreme Court's Friday observation that housing projects must get environment clearance before work can start.
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Cornerstone Properties looks to restructure the organisation
Cornerstone Properties is planning to segregate its business under four verticals as part of a restructuring exercise aimed at stepping up growth.
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Real estate firm TDI gives Kotak Realty Fund an exit of Rs 165 crore
“We have given the exit through our internal accruals," Kamal Taneja, managing director of TDI Infracorp said.
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PE investors expects property sales to improve in 2016
PE investors increased their bets into the Indian real estate sector significantly in CY 2015 as they foresee better property sales this year.
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Virat Kohli to promote a luxury real estate brand
On his association with the Bengaluru-based company, Kohli said: "The company in many aspects reflects the values I hold in high esteem.
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Cushman & Wakefield picks Accenture for consulting services
Accenture will manage select HR and finance and accounting functions of Cushman & Wakefield through its business process outsourcing services.
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IBREL cuts net debt by Rs 552 crore in April-December period of FY16
"5.06 million sq ft of saleable residential area and 2.23 million sq ft of saleable commercial area in NCR," the presentation said.
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Blow to India's tallest skyscraper as 13 upper floors deemed illegal
The HC rejected the developer's claim that it had "deemed permission" to construct the parking tower with 900 spaces.
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Viridian Red begins work on World Trade Centre at GIFT City
Viridian Red, real estate arm of the Viridian Group, has casted one of the biggest raft foundations in Gujarat International Finance Tec-City.
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DLF board gives nod to defer sale of 40% promoter stake in rental arm till...
The sale of the stake in rental arm, which houses office and retail assets, to long term investors was estimated to yield Rs 12,000-14,000 crore.
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KKR Invests Rs 150 crore in two Sunteck Realty projects in Mumbai
The projects are expected to be ready in 12-18 months. Industrialists, top executives and Bollywood personalities have purchased apartments in them.
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Builders sign up celebs to market projects in Bengal
Jain Group also has top Tollywood A-lister Prosenjit Chatterjee on an exclusive contract to market their smart home project Dream One in Kolkata.
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Realty firm Puravankara to invest Rs 500cr on housing project in Hyderabad
The company's affordable housing arm Provident Housing Ltd would develop 2,400 housing units, which is being developed in partnership with land owner.
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Blackstone, GIC, others eye DLF promoters' stake in rental arm
DLF had in October last announced that its promoters will sell their 40 per cent stake in the DLF Cyber City Developers Ltd (DCCDL).
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Godrej Properties sales booking may double in FY16 at Rs 5500 crore
A sharp jump in the booking is monetisation of its office space in Mumbai for Rs 1,480 crore and good response from housing project at Vikhroli.
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Ashiana Housing inks JV for realty project, eyes Rs 300crore sale
Ashiana Housing had last year raised Rs 200 crore from global investors Goldman Sachs and Creador through its qualified institutional placement (QIP) issue.
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PE investment in realty sector up 72 per cent last year at Rs 25,683 cr
Housing segment attracted the highest share of investments during 2015 with over 70 per cent share in total investments, followed by the commercial office.
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Unitech's sales booking up 25% to Rs 832 crore in April-December FY16
Unitech's sales increased by 25 per cent to Rs 832 crore during the April-December period of the current fiscal, driven by higher sales realisation.
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L&T Finance invests Rs 100 cr in TDI's township at Panipat
Realty firm TDI Infracorp Ltd has raised Rs 100 crore from L&T Finance to fund its ongoing township project at Panipat.
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IndoSpace to invest over $1 billion in India over next 5 years
The additional investment will increase its development pipeline from 20 million sq ft to 50 million sq ft, the company said in a release.
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