GIC and ESR Group have entered into an 80:20 strategic partnership to establish a $600 million core joint venture to acquire income-producing core industrial and logistics assets in India. This joint venture is an … READ FULL STORY
The Tata has reached out to some top fund houses and investment bankers, trying to assess the investors’ appetite. The funding is reported to be in the range of Rs 3,000-4,000 crore. The proposed bonds … READ FULL STORY
Retail leasing in India increased by 114% year-on-year between January-September 2022, primarily driven by fashion and apparel brands, shows a recent report by real estate consulting firm, CBRE South Asia. The report highlights the … READ FULL STORY
Under a Supreme Court order, bondholders of two Sahara companies were asked to return money along with interest to nearly three crore investors in August 2012. In the absence of claims from bondholders, the … READ FULL STORY
While property owners are free to gift their property to anyone they like, the same is not true for ancestral property. In the case of an undivided ancestral property, the ownership is shared and … READ FULL STORY
Hyderabad, the capital of Telangana, has emerged as a hub for manufacturing industries due to its strategic position in south-central India in the early 1900s. By the early 2000s, the manufacturing sector here was … READ FULL STORY
In a move that will benefit thousands of slum dwellers in Delhi, Prime Minister Narendra Modi launched as many as 3,024 newly developed flats for the Economically Weaker Sections (EWS) category on November 2, … READ FULL STORY
The Grade-A office stock in India’s 4 mega cities requires upgrade and retrofits to improve its future sustainability that would require an estimated investment of around Rs 23,380 crore, shows an assessment by property … READ FULL STORY
Real estate developer Shriram Properties Limited and ASK Property Fund, the alternate asset investment division of ASK group, have signed a Memorandum of Understanding (MOU) for setting up an investment platform for the acquisition … READ FULL STORY
The Reserve Bank of India (RBI) on Monday, October 31, imposed a monetary penalty of Rs 5 lakh on LIC Housing Finance Ltd for non-compliance with certain provisions of National Housing Bank (NHB). The non-banking … READ FULL STORY
Property registrations in Mumbai stood at 8,276 units in October 2022, contributing over Rs 705 crore to the state revenues, says the latest report by property brokerage firm Knight Frank India. The state government … READ FULL STORY
According to a Savills India report, Goa has emerged as a preferred destination among buyers looking for second homes due to high rental yields ranging from 4 to 10%. The trend is seen in … READ FULL STORY
The Noida Authority officials told the media that the applications have either been filled in the quotations either by mistake or some vested interests are trying to influence the auction. The Noida Authority had … READ FULL STORY
