Parsvnath Developers is raising Rs 120 crore from Kotak Realty Fund for a new 100-acre integrated township project on Sohna Road in Gurgaon. Kotak Realty fund will get a 20% stake in the special purpose vehicle that will develop the yet unnamed project. Parsvnath Developers has sold stakes in many of its residential and office projects to private equity funds […]
Tag: India Real Estate
Vision India Arrives IN Chennai
A business group in the US named Vision India Real Estate is bankrolling a sum total of $5 million in an upcoming residential project in Chennai. The project belongs to Gem Group. This is the first time that the US Company is going for a joint development project. It is proposing an investment of $100 […]
Plaza Centers Signed JV Israel-based Elbit Imaging
Emerging markets property developer Plaza Centers NV said it has signed a joint venture contract with Israel-based Elbit Imaging for developing three projects in India. The three projects are in the three Indian cities Bangalore, Chennai and Kochi and would have a combined development budget of about 3.4 billion dollars, Plaza said in a regulatory […]
HBS Offers Seminar in India
Real estate executives seeking a Harvard Business School education can take a seminar in a prime new location this June. The South Asia Real Estate Seminar, a collaborative effort between the HBS Executive Education Program and the HBS Indian Research Center, will offer a four-day workshop in Hyderabad, India that aims to connect experienced executives […]
Sistema is now planning to invest in India real estate
NEW DELHI, Feb 12. Russian services conglomerate Sistema will enter the real estate business in India, a top company official said on Tuesday. The firm will bring its real-estate business Sistema-Hals to India, and will look at opportunities around the national capital of New Delhi, Goncharuk said. “We are entering real estate … We might […]
Real Estate Development Prospect in India
January 08, 2008. Real Estate Companies and Investors are taking India as a great Investment destination. Real estate investment in major cities is taken as a beneficial deal. Real Estate Developers from the outside countries are showing their interest in building luxury villas in top Indian cities. They are looking for the joint venture partners […]