November 12, 2008 – 7:11 am
The Barwa Real Estate and Sun Group, a leading investor and private equity fund manager in India have entered into a joint venture agreement to explore the Indian real estate market.
Sun Group and Barwa have proposed to form a 50:50 joint venture company to be named as Sun-Barwa Land. The new company will seek approval [...]
By Rajani
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Posted in Real Estate News
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Also tagged Al Saad, Barwa Real Estate, Foreign Investment Promotion Board, india, Investment Promotion Board, Investors, Joint Venture Company, Land Banks, Partnership, Private Equity Fund, Qatar, Qatari, Sun Group
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September 19, 2008 – 4:57 am
The department of industrial policy and promotion (DIPP) and the Reserve Bank will shortly meet to evaluate the situation arising out of Lehman’s collapse, as the US giant has $500-million investment in Indian real estate projects.
Foreign investment norms for real estate do not allow repatriation of funds within three years of investment. The RBI-DIPP meeting [...]
By Rajani
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Posted in Real Estate News
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Also tagged Bust, Collapse, Estate Assets, Estate Projects, Foreign Investment, Foreign Investors, Giant, indian real-estate, Investment Norms, Lehman, Periods, Rbi, Repatriation Of Funds
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The real estate sector seems to be at the receiving end of the market meltdown, with the DLF scrip ending below its issue price. For the first time after its listing, the stock of India’s largest real estate developer closed below its issue price of Rs 525 at Rs 519.95.
Although it was closing at all-time [...]
Mutual fund (MF) houses are rejoicing the securities and exchange board of India’s decision to allow MFs to launch real estate schemes. In fact, they have been waiting for almost two years to get the nod from the stock market regulator. For late comers, you don’t need lakhs or crores of rupees to invest in [...]
Royal Group of UAE and Netherlands-based GTC Real Estate are in the race to acquire 26% stake in the Delhi-based Raheja group’s engineering SEZ in Gurgaon for Rs 500 crore. It has been learnt that the Raheja group may ink the deal with either of the two groups in the next few weeks.
Raheja Developers MD [...]
February 11, 2008 – 8:58 am
Emaar MGF Land, a JV between one of the world`s foremost real estate companies, Emaar Properties PJSC of Dubai, and MGF Development of India, has withdrawn and postponed its initial public issue to an appropriate moment.
The company decided to take this step as an outcome of the prevailing adverse market feelings, fuelled by renewed signals of a [...]
By manish
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Posted in Real Estate News
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Also tagged Appetite, Capital Markets, Dubai, Emaar MGF, Emaar Properties, india, IPO, Joint Venture, Real Estate Companies, Recession, Retail Portion, Sentiments, Stock
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