Tag Archives: Housing Project

Mumbai To Get Its First Rental Housing Project

September 10, 2008 – 4:12 am

Mumbai housing problem will ease to some extent in the coming year. The city will get its first rental housing project of 35,000 houses at Vasai’s Tiwri village. The project will be developed by Dhanashree Developers and is a part of the Mumbai Metropolitan Region Development Authority’s (MMRDA) ambitious plans for building five lakh rental [...]

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Lots Of Projects In Chembur

August 19, 2008 – 5:00 am

The huge project is being developed and executed in Chembur, Mumbai by GA Builders, an “RNA Corp Group” company that would provide “New Homes” to more than 1950 tenants, according to a media release. The Subhash Nagar Colony, built by MHADA, is about 55 years old and comprises 57 buildings that house 36 members each. [...]

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PE Fund Picks 40% In Amrapali SPV

July 28, 2008 – 7:56 am

Private equity fund SUN-Apollo Ventures has invested Rs 300 crore for 35-40% equity in an SPV of Noida-based realty firm Amrapali group.
SUN-Apollo is a joint venture between Delhi-based Khemka family’s SUN group and US-based private equity fund Apollo Real Estate Advisors. Apollo’s development and investment portfolio is spread across US, UK, Russia and other European [...]

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Will Slowdown Stop The Journey Of Realty?

July 21, 2008 – 4:55 am

Today, there is talk of a slowdown as buyers are taking just a little longer to decide if they want to go ahead and take that decision now. Pranay Vakil, chairman, Knight Frank said, “Without a doubt, interest rates have made a difference. After all, the monthly outgo will increase”.
Taking a closer look at what’s [...]

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SatyaVani In Talks With European REITs

July 14, 2008 – 6:06 am

Hyderabad-based real estate firm SatyaVani Projects and Consultants is in talks with European REITs to raise $150 million in private equity, which will form the bulk of the $190 million it plans to spend on projects in Hyderabad, Bangalore and Vishakhapatnam.
Company’s director Mr. P Surya Prakash said that besides private equity, SatyaVani Projects is looking [...]

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CHD Developers Will Invest 1000 Crore In Various Projects

June 18, 2008 – 4:51 am

Real estate developer—CHD Developers have firmed up plans to pump in Rs 1,000 crore into various projects over the next 3-4 years. The developer plans to raise the money from the market as well as plough back the profits.
The company will be developing group housing projects as well as commercial complexes. “We have a proposal [...]

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