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Trump Towers, through real estate firms M3M India and Tribeca Developers, has launched a luxury residential project in Gurugram. Project will entail an investment of Rs.1,200 crore. As part of the project, M3M India and Tribeca will develop 250 ultra luxury residences. In the initial phase, the apartments will have three and four bedroom options […]

Bengaluru-based real estate builder of global repute, Embassy Group has chalked out an ambitious plan selecting three verticals including building office space, logistics and industrial warehousing projects to be launched in Chennai this year entailing an investment of Rs.10,000 crore, Michael Holland, CEO-Commercial Real Estate, Embassy Office Parks, said adding that the projects in the […]

In a recent development the non-banking finance company Altico Capital has invested Rs.430 crore in a mixed-use realty project being developed by Supertech in Noida. Latest is the NBFC’s first investment with Supertech, which will largely be used towards the development of Capetown project in Sector-74, Noida, while a part of the funding will be […]

Realty major DLF’s promoters have concluded the sale of 33.34 per cent stake in rental arm to Singapore’s sovereign wealth fund GIC for nearly Rs 9,000 crore. With the closure of this deal, DLF promoters have received Rs 8,950 crore from GIC and another Rs .,600 crore from the rental arm, DLF Cyber City Developers […]

HDFC Capital Advisors, an arm of mortgage leader HDFC, has closed its second affordable housing fund, creating a USD 1-billion corpus, the lion’s share of which is flowing in from the Abu Dhabi Investment Authority. With the latest round of funding commitment from the Abu Dhabi sovereign fund, and those from HDFC which is the […]

Non-banking finance company L&T Finance Holdings has extended a loan of Rs.300 crore towards three projects of realty developer Satellite Group. Funding for nearly a million sq ft of development potential has been made at around 15% with a total tenure of up to 7 years, said two persons familiar with the development. Funds will […]

Century Real Estate will make an investment of Rs 1,100 crore in the affordable housing segment. Company will develop 7,000 homes in the next five years. It also plans to launch around 1,350 plots in 2018 in two projects and expects a sales realisation of around Rs.600 crore.Company plans to launch four affordable housing projects […]

Nisus Finance Services, along with Dalmia Group’s Landmark Holdings, has invested Rs.50 crore in Casa Royale and Sanskriti. Both the projects are being developed by Earthcon Infracon projects. Projects will be located at Sector-1 in Greater Noida at Uttar Pradesh.Investment is for the development of mid-segment apartments totalling around 2.3 million sq ft.Casa Royale and […]

Adding to its project portfolio in the country real estate sector, Sobha Ltd plans to spend Rs.3,000 crore in building about 10 million square feet space in the immediate future. Score of projects belonged to the builder and few are joint venture development with its partners for which it has already acquired land parcels, Vice-Chairman […]

Shapoorji Pallonji group is seeking opportunities for affordable housing projects in Kochi, Chennai, Ahmedabad, Indore, Ghaziabad and Coimbatore. It plans to develop 10-12 million sq ft in the second phase of its joint investment programme with World Bank arm IFC, Asian Development Bank and Standard Chartered Private Equity. Shapoorji Pallonji would, along with its partners, […]