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Motilal Oswal Real Estate, real estate arm of Motilal Oswal Private Equity, has managed to generate over ₹575 crore to be invested in mid-income and affordable residential projects across six top cities in country. Fund, which will also be selectively invested in commercial projects and its investment strategy, will be an extension of the strategy […]

Marvel Realtors and Developers is constructing luxury villa and apartment project ‘Marvel Selva Ridge Estate’ near Kothrud, Bavdhan in Pune district of Maharashtra. Complex spanning over 22 acre of land will be implemented in two phases and will have four towers of G+seven floors with 96 flats and 16 villas of G+two floors including various […]

Apollo Global Management, one of the largest alternative asset managers, has acquired global financial services major JP Morgan’s real estate fund management platform in India. Platform comprises two funds of vintage 2007 and 2014 with aggregate assets under management of about $300 million. These funds have 14 investments across six cities and 10 joint venture […]

After initial hiccups on the issue of slum rehabilitation, HDIL is all set to take up Rs.2,600-crore Bandra Kurla Complex project as the developer has recently agreed to the Slum Rehabilitation Authority’s (SRA) terms and conditions and promised to rehabilitate all the slum dwellers in next 2 years. In July, HDIL was issued a notice […]

Japan’s Mitsubishi Corporation, through its investment arm DRI India Company, has forayed into the real estate sector in India by making an investment of Rs 180 crore in an ongoing residential development project of Shriram Group. In this regard, a definitive agreement was signed between Shriram Properties and Mitsubishi Corporation to promote the residential project, […]

Research team of Projects Today has got confirmation that construction of PMC office building of Adani Group is nearing completion. In 2016, Nila Infrastructures secured work order from Adani Ports and Special Economic Zone (APSEZ) worth Rs .43.51 crore for construction of PMC office building at Adani Shantigram located on S G Highway in Ahmedabad […]

In a bid to make the most out of the emerging demand scenario in affordable housing segment, SHRI group has decided to develop its third housing project in Greater Noida where the realty firm will develop 2,000 units at an investment of Rs.600 crore. Company, which has executed about dozen projects in the Mathura region […]

Real estate building major DLF is currently scouting partners to undertake joint development of its nearly 12-acre Gurugram land parcel that it had acquired for ?1,500 crore, said sources, claiming that the company recently emerged as the highest bidder for this land parcel put on the block by HSIIDC in a closely contested auction, said […]

Realty firm ATS group has sold 975 flats worth Rs. 1,000 crore during last 3 months on improved housing demand. Sales figure also includes that of Homekraft, its JV firm with HDFC Capital. Earlier, Gaurs group, another major developer in the National Capital Region (NCR), had reported sales if over 5,000 properties worth Rs 2,000 […]

Singapore’s sovereign wealth fund GIC has acquired a ‘significant minority’ stake in Provenance Land for an undisclosed amount. GIC had in December last year bought 33.34 per stake in DLF’s rental arm DLF Cyber City Developers Ltd (DCCDL) for about Rs 9,000 crore. DCCDL holds 27 million square feet of price commercial assets earning an […]