Real Estate

Housing sales fell 2.2 percent to 1.58 lakh units in seven major cities last fiscal, but the market is expected to improve by next March on the back of lower interest rates and fall in prices, says a report. Property consultant JLL India in its monthly report said housing sales in January-March period of 2016 […]

Real etstate developer, Vastushodh Projects, has launched its ‘UrbanGram’ project at Urawade near Pirangut in Pune. A brand typically aimed at home buyers in the middle income group, this latest project at Urawade will offer over 1,200 homes. Located on a 16 acre of land, the project comprises 9 buildings in a parking + 14 […]

The burgeoning information technology (IT) and IT-enabled services (ITeS) sector in India has given a substantial push to the office real estate segment in India. According to a recent report, 58 per cent of the total office real estate has been taken up by IT companies in the country. In Pune, the IT sector uses […]

Within days of Softbank Founder and Chief Executive Officer (CEO) Masayoshi Son telling a room full of start-ups he would accelerate investment in India, real estate portal Housing.com has raised funds from the Japanese investor. Housing on Thursday said it received Rs 100 crore as fresh capital from Softbank, which has been the biggest investor […]

Altico Capital, a non-banking finance company (NBFC) promoted by Clearwater Capital, Abu Dhabi Investment Council and Varde Partners, is looking to invest about Rs 2,500 crore every year for the next five years in the Indian real estate market. In the current financial year, Altico has done 11 deals and is looking at another three […]

Private equity major Warburg Pincus and Bengaluru-based realty company Embassy Group have committed to invest $250 million in a joint venture, called Embassy Industrial Parks, to build industrial and warehousing space in India. While Warburg Pincus will invest $175 million, the rest will come from Embassy Group. The joint venture marks the entry of Warburg […]

Commercial real estate deals appear to be making a strong comeback if the two big ticket acquisitions announced on Wednesday are anything to go by. While Mumbai-based media and entertainment firm Carnival Group has acquired engineering giant Larsen & Toubro’s commercial real estate projects in Chandigarh for Rs. 1,785 crore, pharmaceutical firm Abbott India bought […]