Real Estate – Feedback

Real Estate

Renowned Bengaluru-based real estate developer, Embassy Group, has been recognized as brand leader in commercial office and hospitality segments in India, said Audit Report by Track2Realty, an independent Research venture, in its annual Brand Perception. This is the second consecutive year that the Embassy Group has won the top slot for the Office segment, while […]

Kolkata-based real estate and hospitality developer, Jain Group, will raise around Rs.30 crore to fund expansion plans. It will also look to list its flagship company, Dream Gateway Hotels. Dream Gateway Hotels requires around Rs 75 crore for Phase-II expansion of Holiday Inn Kolkata Airport hotel. While Rs 30 crore will come from the IPO […]

Mahindra Lifespace Developers has lined up five new housing projects via joint ventures and partnerships fixing around 2 million square feet of development in cities like Mumbai, Pune and Chennai and all these projects will be launched this fiscal itself, chief executive officer and managing director, Anita Arjundas, said elaborating that the regulatory changes and […]

Ajmera Realty & Infra India has entered into joint development at Bengaluru, Karnataka. Company’s wholly owned subsidiary has entered into joint development. It will develop 11 acre of land which has a potential to develop seven lakh square  feett and is expected to generate a revenue of approximately Rs.350 crore. All in-principle approvals have been […]

Bengaluru-based property developer, The Embassy Group, plans to invest additional Rs 300 crore for infrastructure projects like a metro station, flyovers and walkways. Earlier, on June 23, 2017, the company had signed a MoU with Bangalore Metro Rail Corporation Ltd (BMRCL) to build the Kadubeesanahalli metro station. The Kadubeesanahalli station is located just outside Embassy […]

After selling 250 affordable houses in Kerala, Bengaluru-based real estate firm Sowparnika Projects & Infrastructure has launched its Positive Homes project in city. Company will come up with 500 flats, including studio apartments, 1, 2 and 3 BHK flats in the next 24 months targeting first time buyers. These 300-780 square feet houses are priced […]

Arihant Superstructures’ subsidiary Arihant Abode, has secured Rs.250 crore financing for the construction of its flagship housing project Arihant Aspire in Panvel on outskirts of Mumbai from Housing Development Finance Corporation. Rrealty project in question is spreading over 16.5 acre, has total 3.1 million sq.ft of saleable area under development, said CMD of Arihant Superstructures, […]

Realty developer Wadhwa Group has raised Rs.650 crore from PNB Housing Finance as construction finance for Phase-I of its first affordable housing project. The venture will spread over 138 acre in Panvel near Mumbai. This is the first integrated project to be developed under the Navi Mumbai Airport Influence Notified Area (NAINA) and at least […]

2 weeks after the Walmart-Flipkart deal, SoftBank which was undecided about selling its stake in Flipkart has decided to sell its entire stake of over 20 per cent to Walmart. Japanese investor which has invested nearly $2.5 billion in Flipkart through its Vision Fund last year, is estimated to receive $4 billion for its investment. […]

Adding to its project portfolio in the NCR’s real estate sector, Shapoorji Pallonji has planned to construct three real estate projects on the Northern Peripheral Road in Gurgaon, said CEO, adding that the company was looking to launch these projects in and around the national capital for the past 6 to 7 years but were […]