Source: http://economictimes.indiatimes.com NEW DELHI: Unitech International Real Estate Fund is learnt to have raised $300 mn which will be deployed in Unitech's residential projects. The new fund will help the country's second-largest, listed developer tide over the liquidity crunch dogging
Source: The euphoria of the past five years, spectacular growth in top line, bottom line, and market valuations, may have made many forget how to manage in the face of strong headwind that is now beginning to make its presence
Source:http://www.timesofindia.indiatimes.com NEW DELHI: Sabeer Bhatia, the co-founder of Hotmail, has joined hands with realty major Parsvnath Developers to develop a 11,000 acres knowledge city near Chandigarh. In the promoting company, Nano city Haryana Ltd, while Sabeer Bhatia will own 52%,
Emaar Properties, the largest real estate company in the Middle East, is set to inject $150 million for a 20-25 percent stake each in three real estate developments in India. Emaar and MGF Developments of India set up a joint
Source: July 15 (Bloomberg) — DLF Ltd., Unitech Ltd. and Parsvnath Developers Ltd. were downgraded by Credit Suisse on concern that the Indian developers' new real estate projects may be delayed due to slowing demand and difficulties in raising funds.
Source: MANAMA: Khaleeji Commercial Bank has launched its Global Logistix Navi Mumbai Investment Company with a target capital of $430 million. The fund will aid in the development of India's first integrated logistics city project on a 400 acre site
Source: http://www.business-standard.com Real estate developer Emaar MGF has got a commitment of getting $150 million fund infusion from Dubai-based Emaar by selling stake to the latter in some of its projects in India. "Yes, they (Emaar) have committed $150 million
Source: Mumbai: Investments of around Rs34.25 trillion ($800 billion) may be affected in the short term by inflation that is at a 13-year high, rising cost of funds and high commodity prices, according to a report by ProjectsToday, a Mumbai-based
Source: http://sify.com/finance/equity/fullstory.php?id=14715626 Chennai: Indo Rama Retail Holdings Pvt Ltd, the Indian franchisee of the US-based Office1Superstores, is planning to set up stores inside the special economic zones (SEZ) of India. Chennai: Indo Rama Retail Holdings Pvt Ltd, the Indian franchisee
Source:http://sify.com/finance/fullstory.php?id=14715308 New Delhi: A stagnant property market, tightening of lending by banks and failure to raise money through public equities are forcing real estate developers to look for alternative options to raise money. India's benchmark Realty Index lost more than
Source: Lack of malls, multiplexes and other social infrastructure stall advent of the BPO wave into tier II, III cities When 26-year-old Nirup was asked by his company to get ready for a stint in Hubli-Dharwad, he decided to hunt
Source: http://economictimes.indiatimes.com NEW DELHI: In what would be the first major fund infusion into the Emaar MGF Group after a failed IPO, one of its promoters, Dubai-based Emaar is learnt to be investing $150 million(Rs 650 crore) to pick 20-25%
Source: http://economictimes.indiatimes.com NEW DELHI: Just sometime back, the 'shop till you drop' mantra of Indian consumers spelt nirvana in terms of business for real estate developers. But now, with boom time having become a thing of the past, the correction
Source: New opportunities emerge for Thais to tap after breakneck growth in recent years, writes Umesh Pandey Asia's once-booming property market seems to be heading for some kind of a slowdown of which local Thai companies are looking to take
Source: http://economictimes.indiatimes.com NEW DELHI: Private equity (PE) funds in the real estate space are starting to don the developers' hat. Funds such as Trikona Capital, South Asian Real Estate (SARE) and Yatra Capital have started to create in-house teams that
Source: http://www.menafn.com/qn_news_story_s.asp?StoryId=1093203645 MENAFN - Arab News) Nearly 20 property developers from the southern Indian state of Kerala have staged an exhibition here presenting more than 40 real estate projects to Keralite expatriates working in the Kingdom. R. Sreekumar, manager Saudi
Source: Dubai: Indian developer Sobha Real Estate, whose annual turnover crossed Dh2.2 billion ($600 million), will increase its project portfolio by Dh2 billion to nearly Dh10 billion in two years, a top official said. "With the current projects at hand,
Source: MUMBAI: The subprime mortgage market collapse of last year may have an impact on one of the landmark buildings in the Bandra Kurla Complex (BKC). According to real estate market sources, the New York-headquartered Citibank, which has been hit
Source: July 10 (Bloomberg) — India's real estate industry may witness the exit of weaker developers as a rise in interest rates and property prices deter buyers and crimp sales, Fitch Ratings said in a report. Mumbai recorded a 16
Source: SRK Global, a Doha-based affiliate of India's real estate major, SRK Constructions, is to construct low and medium priced apartments in Qatar. SRK Global's director Tom Lazarus, and operations manager V R Krishnakumar, told Gulf Times that the company