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Prop Equity says funds worth Rs 90,000 cr required for stressed housing units

In the fund, Rs 10,000 crore will be contributed by the central government and roughly the same amount will come from outside investors.

Homebuyers’ body asks PMO to bring RERA officials under CVC

The FPCE has recommended an orientation course for all RERA officials in which they are counselled to stick to the brief.

DLF sells 9 acres to American Express for Rs 300 crore

The deal, at a little over Rs 32 crore an acre, is the costliest transaction in the neighbourhood that is about 16 km away from DLF Cyber City.

India's $1.4 billion housing fund seen not enough to spur sector

A series of economic shocks in the last few years have dented property-market sentiment like never before.

Residents of four apartment buildings in Maradu demand fair hearing as SC's demolition deadline nears

The flats, Supreme Court ruled, had come up in violation of Coastal Regulation Zone norms.

Big relief but need more measures, says real estate sector

The latest measures are expected to boost much-needed liquidity, sentiment and demand creation.

Apeejay Surendra group leases 11k sq ft in Delhi to open co-working centre

The group runs its co-working business though Apeejay Business Centre (ABC), which is part of Apeejay Real Estate, a division of Apeejay Surrendra Group.

Hiranandani to invest Rs 1,000 crore in industrial park in Chennai

Hiranandani group firm Green Base will create a wind turbine park and warehousing set-up for Vestas India.

Hiranandani Arm GreenBase inks industrial and warehousing deal with Vestas India

The built-to-suit development will be spread over half a million sq ft at the Industrial and Logistics Park, located within Hiranandani Parks, Oragadam.

Part of proposed housing sector package: Fund on cards to offer guarantee for home loans

A borrower will be able to avail of the guarantee from the proposed fund for a small fee.

NDR Infra plans to monetise 3000 acres to beef up portfolio

NDR Infra plans to monetise 3000 acres to beef up portfolio

The firm plans to set up 20mn sft of warehousing space across the country, with a total investment of about Rs 5000 crore over the next five years.

Blackstone set to buy rest of Indiabulls' commercial assets

Blackstone set to buy rest of Indiabulls' commercial assets

Indiabulls confirmed signing the term sheet with Blackstone for the commercial portfolio, without ascribing a value to the deal.

Realty firm Vaishnavi Group to double its commercial portfolio

Realty firm Vaishnavi Group to double its commercial portfolio

The company, which currently has 10m sq ft of commercial and residential projects under various stages of development, plans to deploy about Rs 3,500 crore over the next 5 years.

Birla Estates eyes 200 acres of Century Mills for residential projects

Birla Estates eyes 200 acres of Century Mills for residential projects

With a focus on premium luxury housing projects, the company also plans to build homes in Pune, Bengaluru and the National Capital Region.

NCLAT quashes insolvency proceedings against Bharat Road Network

NCLAT quashes insolvency proceedings against Bharat Road Network

The appellate tribunal also observed that CoC (Committee of Creditors) was not formed and promoters has cleared the amount claimed by the financial creditor.

The Oberoi Group announces the opening of The Oberoi, Marrakech

The Oberoi Group announces the opening of The Oberoi, Marrakech

Oberoi, Marrakech is spread across twenty-eight acres and is twenty five minutes away from the Djema el-Fna square and the ancient walled city.

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