Real Estate

Nila Infrastructures has received a work order from Adani Group’s Shantigram Estate Management for construction of ‘Inspire Business Park’ project (basement and towers CH1 to CH9) at Shantigram, Ahmedabad. EPC contract will entail an investment of Rs 511.1 million. Project involves overall construction covering about 4,00,000 sq ft built-up area and is expected to be […]

Country’s real estate building giant DLF has recently secured the environment clearance for its Rs.240 crore commercial project which is to come up at Patto village in Goa. Proposed commercial complex, to be constructed on a 18,120 square meter land parcel, would have eight small screen multiplexes for small gatherings and it will be the […]

In a recent development in the country’s real estate sector, ASK Property Investment Advisors (ASK PIA), the real estate private equity arm of ASK Group and Emerald Haven Realty Limited (TVS Emerald), the real estate arm of TVS Motor Company have joined hands to set up Rs.400 crore real estate investment platforms. Funds will be […]

Bangalore turned out to be the only Indian city to have seen a 45% increase in demand for luxury homes costing above Rs.1.5 crore. However, ranks an overall third in the country’s real estate space after Hyderabad and Chennai, according to a survey by property site Magicbricks.com. While the luxury-living space is stagnant in the […]

ICICI Prudential Asset Management Co. (AMC) Ltd, the asset management joint venture of ICICI Bank Ltd and UK’s Prudential Plc., is looking to set up a real estate investment platform with a corpus of almost $400 million, said two people aware of the development. The AMC already has significant assets under management (AUM) in the […]

Realty firm Supertech has received green nod for developing a sports-centric housing project in Greater Noida that would entail an investment of Rs 1,130 crore. Proposed residential project Sports Village will be launched during Diwali this year and will be completed in four years. The 62-acre project will be developed in Sector 27 of Greater […]

According to official sources, Sunteck Realty is planning to launch a new brand of affordable housing in the country. With regards to this project that it has in ODC which is Oshiwara District Centre in Goregaon West this is under its brand Sunteck City. So with regards to the overall potential of this location it […]

Financial services firm ASK group will invest over Rs. 1,000 crore as private equity in housing projects this fiscal despite demand slowdown and uncertainty in the market after the new realty law came into effect. ASK group, which invested Rs 700 crore in last fiscal, expects more opportunity in the real estate sector after the […]

Ministry of Environment, Forest and Climate Change (MoEF&CC) has granted environmental clearance (EC) to Supertech’s sports village project. Real estate developer was accorded approval to develop a sports-centric housing project in Sector-27, Greater Noida, Uttar Pradesh.Proposed project will comprise recreational, commercial, and residential buildings. A total of 4,228 flats, 138 residential villas, and 262 recreational […]

ASK group will make an investment of over Rs 1,000 crore as private equity in housing projects in FY 2018. The equity investment will be done in the mid-segment and affordable housing segment. Company has already invested around Rs 300 crore in FY 2018 and expects more opportunity in the real estate sector after implementation […]