August 4, 2008 – 12:52 am
HDFC Property Ventures is investing $20-25 million into South India’s largest central business district (CBD) mall developed by Nitesh Estates in Bangalore. The move probably marks the $900-million HDFC Property Ventures’ foray into retail infrastructure in a rather tight-market environment.
HDFC Property Ventures will pick up around 20-25% stake in the 6-lakh sq ft Nitesh Mall, [...]
By Rajani
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Posted in Real Estate News
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Also tagged Central Business District, Director Development, Economic Slowdown, Flagship Stores, Hotel In Bangalore, Hotel Leela, Leela Palace, Market Environment, Nitesh Estates, Och Ziff Capital, Property Investors, Retail Investments, Ritz Carlton Hotel, Southern Cities, Thiruvananthapuram, Tight Market, Vaidyanathan
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Reasonably priced housing, the most neglected segment of the real estate sector, is now magnetizing significant investments from developers plus private equity funds.
While real estate majors like Ansals and Omaxe are planning low-budget housing projects in smaller towns and cities across the country, private equity players are firming up huge investments for this sector.
By manish
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Posted in Real Estate News
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Also tagged Ansal, Housing Projects, Kurukshetra, Mannat, Omaxe, Panipat, Private Equity Fund, Real Estate Sector, Sonepat, Warburg Pincus, West India
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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, Company, Construction, Developers., Foreign Investors, Government, india, Investment, Investors, Private Equity, Public Share, stock market
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February 28, 2008 – 11:41 pm
Real estate firm Housing Development & Infrastructure (HDIL) on Wednesday said the private equity firm DE Shaw is investing $250 million in Mack Star Marketing, an HDIL group company.
Mack Star Marketing holds development rights for a 54,000-metre commercial complex being constructed in Andheri. Last week, HDIL had transferred its development rights to this complex to [...]
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