While consolidation has been an ongoing phenomenon for some time, recent mergers, acquisitions and joint developments, are underscoring this trend like never before. The Indian residential sector saw a series of disruptions in the … READ FULL STORY
Embassy Office Parks, a joint venture of the Embassy Group and Blackstone Group, has paved the way for the launch of the first real estate investment trust (REIT) on the Indian bourses. The development … READ FULL STORY
Godrej Fund Management, the real estate private equity arm of the Godrej Group and Godrej Properties Limited, have entered into a joint venture with Hero Cycles Limited for their Golf Course Road property in … READ FULL STORY
It has been one year, since the Real Estate (Regulation and Development) Act (RERA), came into effect on May 1, 2017. In this period, different states have seen varying results, vis-à-vis the implementation of … READ FULL STORY
Shapoorji Pallonji Group, on October 12, 2017, announced a USD 500 million equity joint venture (JV) with Allianz AG of Germany, which marks Allianz’s first real estate transaction in India. The JV will establish … READ FULL STORY
Real estate developer RMZ Corp, has announced a strategic partnership with Hyderabad-based business house, My Home Group, to develop premium commercial office spaces in the city with an investment of over USD 1 billion. … READ FULL STORY
Joint ventures (JVs), in the real estate sector, typically, take place between two developers or between a developer and a land owner. As in any partnership, conflicts may arise in these JVs, which could … READ FULL STORY
