DLF is looking at setting up a Rs 800-crore venture capital (VC) fund with a mandate to invest in companies engaged in equipment management and construction activity. This is being seen as a strategic move by DLF to support its rapidly expanding construction activity.
The Delhi-based firm has filed the documents with market regulator SEBI seeking [...]
Chennai-based real estate developer Rakindo Developers’ proposal to set up a wholly owned subsidiary with $250-million FDI from Dubai-based Rakeen Development is expected to get Cabinet clearance on Thursday.
Rakindo has plans of building a $1.5-billion (Rs 6,000- crore) integrated township at Coimbatore which will be ready for launch after the CCEA clears the FDI proposal. [...]
By Rajani
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Posted in Real Estate Events, Real Estate Information, Real Estate News
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Also tagged Al Khaimah, Business Company, Ccea, Coimbatore, Economic Affairs, Essar Power, FDI, Golf Course, Holding Company, Joint Stock, Joint Venture, Koneru, Launch, Promotion Department, Real Estate Developer, Residential Complex, Specialty Hospital
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Real estate developer DLF is learnt to be setting up a joint venture company with Italian leather and luggage accessory major Piquadro to hawk its products in India. This is part of the real estate major’s retail strategy to bring in some of the world’s leading premium brands across categories into the country.
By Rajani
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Posted in Real Estate News
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Also tagged Aggressive Marketing, Armani, Business, Economic Boom, India Indian, Italian Leather, Italian Manufacturer, Joint Venture, Marketing Strategy, Piquadro, Premium Brands, Profit, Real Estate Developer, Retail Strategy, Retail Venture, Stock Exchange
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Private equity funds sense their time has come in the Indian property arena, with developers offering plum deals as banks tighten lending and a stock market slump shuts off public share offerings.
Since India eased rules on inward investment in the construction industry in early 2005, foreign investors have earmarked an estimated $20 billion for the [...]
By Rajani
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Posted in Real Estate Information, Real Estate Investment
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Also tagged Bank, Construction, Developers., Foreign Investors, Government, india, Investment, Investors, Private Equity, Private Equity Funds, Public Share, stock market
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